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Greece misses loan payment
Despite a last-minute request by Greece, the deadline came and went with more than $2 billion left unpaid
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Despite a last-minute request by Greece, the deadline came and went with more than $2 billion left unpaid
The latest by the New York Times bestselling author is a riveting account of the months leading up to the Confederate forces' attack on Fort Sumter, the first shots fired in the Civil War.
The IRS said Friday that more than 140,000 taxpayers filed their taxes through its new direct file pilot program and participants saved roughly $5.6 million in fees they would have otherwise spent with commercial tax preparation companies. The government pilot program, rolled out this tax season in 12 states, allows people with very simple W-2s to calculate and submit their returns directly to the IRS for free. “We will take time to analyze the data and collect feedback from a wide variety of stakeholders before making a decision about direct file's future,” IRS Commissioner Daniel Werfel said on a call with reporters.
Pharmaceutical giant Pfizer has received US approval for a gene therapy against a form of hemophilia, a rare and inherited blood clotting disorder, the company said Friday.Pfizer's genetic therapy targets hemophilia B, the second most common form of the condition, which primarily affects males.
A Citi analyst contends Hermès is set to surpass its biggest competitor in the next few years and become the largest luxury fashion brand.
A rare meeting between Turkish President Recep Tayyip Erdogan and his US counterpart Joe Biden at the White House has been postponed, a Turkish official said Friday, amid tensions over the Gaza war."The postponement is a pretty big deal, since Erdogan has been trying -- for three years now -- to get invited to the White House to meet US President Biden," said Soner Cagaptay, director of the Turkish Program at The Washington Institute.
PORT-AU-PRINCE, Haiti (AP) — It has been only a day since the transitional presidential council was installed in Haiti, and the list of demands on the Caribbean nation's new leaders is rapidly growing. The members of the council, tasked with with bringing political stability to Haiti, are under immense pressure to produce quick results, despite a deep-seated crisis that has been years in the making. Making Haiti safer is a priority.
The governor told lawmakers during her State of the State address that doing nothing was not an option after an Army reservist with an assault rifle killed 18 people and injured 13 others in Lewiston on Oct. 25. The bills drew opposition from Republicans who accused Democrats, who control both legislative chambers, of using the tragedy to advance proposals, some of which had been previously defeated.
Climate change is a major issue on the US political agenda, yet the country's Green Party and its candidate Jill Stein are next to invisible in the presidential race.And she rejects assertions that the Green Party doesn't have any influence on the US political agenda.
A December meeting between the speaker and Ukrainian president influenced Johnson’s decision to approve military aid for Ukraine.
The Ukrainian capital Kyiv evacuated two civilian hospitals on Friday after the head of the Belarusian KGB security service said they were housing soldiers, sparking fears of an airstrike. The Kyiv city administration said a video widely circulated online, which it did not identify, contained a threat to attack the two facilities, including a children's hospital, on the false grounds that soldiers were located there. Ivan Tertel, the head of the Belarusian KGB, provided the addresses of the two Kyiv hospitals where he said fighters were "hiding behind the backs of children".
Buoyant big tech earnings lifted US stocks on Friday while London scaled another peak as investors tracked a series of takeover bids for UK companies."The bidding bonanza for UK-listed firms goes on, and this is acting as a constant reminder to global investors that, even with the FTSE 100 at a record high, UK stocks look cheap compared to their US cousins," said IG chief market analyst Chris Beauchamp.
Severe spring storms will bring heavy rain and thunder to the Plains into the Mississippi Valley this weekend — including possible powerful tornadoes, large hail and flooding.
At least 10 people were killed Friday in a fire that broke out in a defunct hotel being used as a makeshift homeless shelter in the city of Porto Alegre in southern Brazil, officials said.The fire broke out around 2:00 am (0500 GMT), officials said.
H5N1 has been detected in 33 herds in six states.
At least 70 people have died from country-wide flooding in Kenya, a government spokesperson said Friday as authorities ordered more evacuations of people from at-risk areas due to ongoing heavy rainfall.
Missiles suspected to have been fired by Yemen's Houthi rebels landed a distance away from a ship traveling through the Red Sea on Friday, a private security firm said. The attack follows an uptick in assaults launched by the Houthis in recent days after a relative lull in their monthslong campaign over Israel's war on Hamas in the Gaza Strip. The Houthis did not immediately claim the missile fire, though it typically takes the rebels several hours to acknowledge their attacks.
The Minneapolis City Council has agreed to pay a $150,000 settlement to an eyewitness who tried to intervene to prevent George Floyd’s murder and who says he suffers from post-traumatic stress disorder as a result. Donald Williams, a mixed martial arts fighter who testified against former Officer Derek Chauvin in his 2021 murder trial, sued the city last spring, alleging he was assaulted by police while trying to prevent Floyd's death on May 25, 2020. The lawsuit alleged that Chauvin looked directly at Williams, grabbed a canister of chemical spray and began shaking it toward him and other bystanders expressing concern for Floyd’s welfare.
Throughout the 1960s and 1970s, conservative activists led a counterattack against campus antiwar and civil rights demonstrators by demanding action from college presidents, the courts and the police.
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation. In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the U.S. economy and said inflation may be stickier for longer and that “stagflation is on the list of possible things” that could happen to the U.S. economy.
The head of the Federal Student Aid office, which has faced criticism for the botched rollout of this year’s college financial aid form, will be stepping down.