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SYDNEY : Asian shares made some tentative gains on Friday as beaten-down Treasuries found buyers after U.S. President Donald Trump’s tax bill narrowly passed the lower house, although debt worries still lingered.Overnight, PMI data around the globe showed U.S. business activity picked up pace in May, which helped Wall Street rise earlier in the session before running into selling pressures and closing the day largely flat. In contrast, disappointingly weak activity in Europe dragged shares there lower. Nasdaq futures and S&P 500 futures both were flat.The Republican-controlled U.S. House voted by a slim margin to pass Trump’s tax cut bill,…
Fort Worth, Texas — The dinner shopping list for Darlowe Torkelson and his wife was short. At today’s prices, it consisted of just one sirloin steak and one potato. Torkelson of Argyle, Texas, told CBS News his family doesn’t yet know the upper limit of what they are willing to pay for certain groceries. “I haven’t found it, I’d like to see it back down,” Torkelson said.The average cost of one pound of ground beef reached a record-high of $5.80 in April, according to numbers from the Bureau of Labor Statistics. That is up nearly 50% from five years ago. “We are…
The sponsor of DDG 132, Madison Ann Zolper, who is the great-granddaughter of Quentin Walsh, strikes welding sparks into a keel plate inscribed with her initials. Credit: General Dynamics Bath Iron Works. General Dynamics Bath Iron Works (GDBIW) has laid the keel for the US Navy’s Arleigh Burke-class Flight III (DDG 51) guided-missile destroyer, the future USS Quentin Walsh (DDG 132). The keel laying and its authentication mark the official start of hull integration, a significant phase that precedes launch and sea trials. BIW president Charles Krugh said: “The keel-laying ceremony marks the coming together on Land Level of several large…
Think Together creates new C-suite role to fuel market innovation and transform educational outcomes as it expands services and impact across California.SANTA ANA, Calif., May 22, 2025 /PRNewswire/ — Think Together, California’s leading nonprofit provider of expanded learning, afterschool programs, staffing, and school improvement services, is pleased to announce the appointment of Matt Scharpnick as Chief of Innovation, Impact Portfolio. Think Together welcomes Matt Scharpnick as its new Chief of Innovation to help lead the organization’s next phase of growth and impact. With the completion of Think Together’s strategic plan,…
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A Georgia teenager who was detained by federal deportation officers following local traffic charges that have since been dismissed was released from federal custody late Thursday, her attorney and mother confirmed to CBS News.Ximena Arias Cristobal, 19, was released by Immigration and Customs Enforcement one day after an immigration judge granted her bond. She was picked up by family friends at an ICE detention facility in Lumpkin, Georgia, and will return to Dalton, Georgia — where she lives with her family — in the overnight hours, Arias Cristobal’s mother said. Her mother said she was able to see Arias Cristobal…
WWDC may be just around the corner, but Apple is already looking ahead to 2026. And it’s going to be a big year—along with a folding phone and OLED MacBooks, Apple is also planning to launch a brand new wearable powered by Apple Intelligence. Apple has big plans to release smart glasses in the second half of 2026, according to a new report by Bloomberg’s Mark Gurman. The glasses will be similar to the Ray-Ban Meta glasses that have a built-in camera for taking pictures, shooting video, and analyzing images, open-ear speakers, and a microphone for voice commands. Gurman states…
Before the amps are even switched on in Brockwell Park, there’s been a lot of noise about who should or shouldn’t be performing.It’s where Irish hip-hop trio Kneecap are set to play their first major show since band member Mo Chara was charged for allegedly displaying a flag in support of the terrorist group Hezbollah at one of their gigs. Before that, there had been calls for festivals to reconsider booking the band over their political stances, and several have done, which prompted artists like Brian Eno, the Mystery Jets and CMAT to sign an open letter accusing Westminster and…
LOS ANGELES — Investigators on Monday were combing through the writings of a 25-year-old man believed responsible for an explosion that ripped through a Southern California fertility clinic over the weekend. The FBI identified Guy Edward Bartkus as the suspect in the apparent car bomb detonation Saturday that damaged the American Reproductive Centers building in Palm Springs, east of Los Angeles. Bartkus died in the explosion. None of the facility’s embryos were damaged.Authorities called the attack terrorism and said Bartkus left behind nihilistic writings that indicated views against procreation, an idea known as anti-natalism.Here’s what to know about the case.The…
TOKYO: Japan’s core inflation accelerated at its fastest annual pace in more than two years in April, data showed on Friday (May 23), raising the odds of another interest rate hike by year-end. The data underscores the Bank of Japan’s predicament of balancing price pressures from persistent food inflation against growth headwinds from US President Donald Trump’s tariffs. The core consumer price index (CPI), which excludes fresh food but includes oil prices, rose 3.5 per cent in April from a year earlier, exceeding market forecasts for a 3.4 per cent gain and accelerating from a 3.2 per cent increase in…