Amid rising crime, Biden targets gun violence in the US

Responding to a string of mass shootings and rising crime in the United States, President Joe Biden is taking new steps to control gun violence with a “zero-tolerance” policy for gun dealers and new funding for police and communities. Biden in a speech on Wednesday will announce new gun safety measures and will redirect some […]

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Oath Keeper latest to plead guilty for role in US Capitol riot

A member of the right-wing Oath Keepers militia group is due to plead guilty on Wednesday to charges related to the January 6 attack on the United States Capitol by supporters of then-President Donald Trump. The man, Graydon Young, is one of the 14 members of the Oath Keepers group charged with crimes including conspiracy […]

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Prices of new US homes hit record high as sales fall unexpectedly

Sales of new homes in the US fell unexpectedly last month, while prices broke a new record. Sales of new single-family homes in the United States fell last month while prices continued to spike to record highs, with eager house hunters vying to become homeowners in a seller’s market. Sales of newly constructed single-family homes […]

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Global watchdog to tackle greenwashing with ESG ratings guidance

A global securities watchdog plans to publish its first regulatory guidance for firms that rate corporate environment, social and governance (ESG) performance. A global securities watchdog plans to publish its first regulatory guidance for raters of corporate environmental, social and governance (ESG) performance in July to stem growing concern among asset managers about overstated green […]

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US defence chief backs change in military sex assault cases

In a major shift, US Defense Secretary Lloyd Austin said he backed removing the prosecution of sexual assault and other related crimes from the military’s chain of command, allowing instead for independent lawyers to try those cases. Advocates and lawmakers have been calling for years for the military commanders to be taken out of the […]

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Eric Adams on top in New York City mayoral primary – for now

Brooklyn Borough President Eric Adams, a former police captain who put public safety at the centre of his campaign for New York City mayor, was leading a field of 13 Democratic candidates in Tuesday’s primary election, though the outcome is unlikely to be known for weeks. With 90 percent of the in-person votes counted, Adams […]

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Crypto comeback: Bitcoin bounces back after falling below $30,000

Bitcoin is living up to its volatile reputation after fighting back above $30,000. By Lynn Thomasson and Yakob PeterseilBloomberg Bitcoin is fighting back from its latest downslide that stoked fears of a mass liquidation after the world’s largest token broke below $30,000. The virtual currency rose as much as 5.8% to $33,821 in Wednesday trading — […]

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Warren Buffet resigns from Bill and Melinda Gates Foundation

Buffet’s resignation comes just weeks after Bill and Melinda Gates announced they are divorcing. Warren Buffett is resigning as a trustee from the Bill and Melinda Gates Foundation. The announcement comes weeks after Bill and Melinda Gates announced that they were divorcing after 27 years of marriage but would continue to jointly run the foundation, […]

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