The Star Bulletin - Daily News Updates

US

Jan
10
2023
0 Comments
By Kevin Bonner
US House approves bill to defund the army of 87,000 IRS agents

US House approves bill to defund the army of 87,000 IRS agents

News, , , ,
US House approves bill to defund the army of 87,000 IRS agents The U.S. House of Representatives, with the support of Alabama's delegation, passed Monday night a bill to remove new funding from the IRS for 87,000 additional agents. The bill, called the Family and Small Business Taxpayer Protection Act (or the Family and Small Business Taxpayer Protection Act), fulfills Republican promises to rein in the IRS. Following the vote, U.S. Rep. Gary Palmer (R.Hoover) stated on Twitter that "[The House GOP] made an agreement to repeal President Biden’s army of 87,000 IRS agents as soon as possible." The Inflation…
Read More
Jan
09
2023
0 Comments
By Debbik S.
A US court has ordered cruise lines to pay more than $400 million to sail to Cuba

A US court has ordered cruise lines to pay more than $400 million to sail to Cuba

News, ,
A US court has ordered cruise lines to pay more than $400 million to sail to Cuba. The South Florida U.S. district judge Beth Bloom ordered four Florida-based cruise ships (Carnival MSC SA Royal Caribbean, Norwegian, and Carnival) to pay US$100 million in damages to Havana Docks. This latter company was a US-based company that owned a 1934 concession for several Havana Harbor piers. It was expropriated by the Cuban Revolution in 1960. This is the first successful application of Title III of the Helms-Burton Act and it can have a significant impact on Cuba's economy. It should be strongly…
Read More
Jan
09
2023
0 Comments
By Fredric M. Wiseman
2022 US Auto sales fall to a decade low

2022 US Auto sales fall to a decade low

News, , ,
2022 US Auto sales fall to a decade low. Due to tight inventories and severe supply chain problems, light vehicle sales in the United States fell to their lowest level since 2012. According to Automotive News, 13.4 million light-vehicle units were sold in the United States in 2022. This data includes all automakers that have reported their sales data to date, except for a few such as Mercedes-Benz, Porsche, and Jaguar Land Rover, which are expected to report later this week. The U.S. light vehicle sales were 14.9 million units in 2021. The seasonally adjusted annual rates (SAARs) for December…
Read More
Jan
09
2023
0 Comments
By Helen E. Blake
US debuts Fercullen whiskey

US debuts Fercullen whiskey

News, , ,
US debuts Fercullen whiskey. Fercullen, an Irish whiskey brand, has been imported to the USA through a distribution partnership between Zamora Company and Fercullen. Fercullen can be produced at Powerscourt Distillery. It is located in County WicklUS ow, Ireland. Effective immediately, the US division of Zamora Company will import and sell Fercullen on the market. Andrew Stewart, global brand manager, Zamora Company USA, stated that Irish whiskey is a top category in our US portfolio. Fercullen from Powerscourt Distillery has been our top choice. Fercullens fall, Fercullen single malt, 15-year old Fercullen whiskey and a limited edition Fercullen 21 year…
Read More
Jan
09
2023
0 Comments
By Kevin Bonner
Dollar hovers near seven-month lows after jobs data

Dollar hovers near seven-month lows after jobs data

News, , , ,
Dollar hovers near seven-month lows after jobs data. On Monday, the U.S. dollar fell to its lowest level in seven months against major currencies. Data suggested that the Federal Reserve might slow down its rate increases while China's reopening of its borders could boost riskier currencies. China's offshore currency yuan surpassed the U.S. dollar for the fifth time in five months, and the Australian and New Zealand currencies - which are generally considered more liquid proxies for China's currency - rose sharply. In the three months ended 2022, the dollar suffered its largest quarterly loss in 12 years. This was…
Read More
Jan
08
2023
0 Comments
By Richard M. Lunsford
What Are The Symptoms Of The New Covid Variant

What Are The Symptoms Of The New Covid Variant

News, , , ,
The new Covid variant is a mutation of the original coronavirus that has been spreading in many parts of the world. This variant is believed to be more contagious than the original virus and has been linked to an increase in cases in certain countries. It is important to know what its symptoms are and how it can be prevented from spreading. In this article, Symptoms Of The New Covid Variant,  we will discuss the new Covid variant, its symptoms, and ways to prevent it from spreading further. Latest Research on Covid-19 Variants & Its Symptoms The Covid-19 pandemic has…
Read More
Jan
08
2023
0 Comments
By Patsy S. Nielsen
LG CEO hopes the business of EV parts to take off this year

LG CEO hopes the business of EV parts to take off this year

Finance, , ,
LG CEO hopes the business of EV parts to take off this year. LG Electronics' CEO Cho Joowan has stated that the company's emphasis on the electric car (EV) components business over the last decade is beginning to show results. "Our EV business has made a turnaround 10 years after we entered the market," Cho Joo-wan, CEO of the company, said at a press briefing during CES 2023. "Now that the business is on the highway, all there is left to do is to step on the accelerator." The tech firm has forecasted its EV business to be turning into…
Read More
Jan
08
2023
0 Comments
By Fredric M. Wiseman

Stagflation to Terrorize the Economy in 2023

News, , , ,
Stagflation to Terrorize the Economy in 2023. The silver and gold markets were off to an excellent start in the first few days of the year's trading before squeezing under market pressure on Thursday but then rebound in the early morning of Friday. A weak but not entirely positive jobs report has raised hopes for more rate hikes by the Federal Reserve and boosted the U.S. dollar on foreign exchange markets. Metals futures traders responded to the market by selling yesterday only to revert and purchase today. Investors usually take a look at the initial trading days of a new…
Read More
Jan
08
2023
0 Comments
By Helen E. Blake
The US cannot help Beijing to stabilize its economy

The US cannot help Beijing to stabilize its economy

News, , , ,
The US cannot help Beijing to stabilize its economy. The day following Beijing stopped its COVID-free policy. Then, immediately after an interaction with the leaders of both the World Bank and the International Monetary Fund, Li Keqiang, a top official from China's Chinese Communist Party, told reporters that China would welcome foreign investment and encourage an opening of the institution. This message was repeated in the words of Chinese Embassy to United States Qin Gang in an article entitled "How China Sees the World," published in the National Interest on Dec. 27. Qin stated to readers "China's development means a…
Read More
Jan
08
2023
0 Comments
By Kevin Bonner
Kishida raises security concerns in travel in Europe, US

Kishida raises security concerns in travel in Europe, US

News, , , , ,
Kishida raises security concerns in travel in Europe, US. Japanese PM Fumio Kishida kicks off a week-long trip on Monday to build the military ties between Europe as well as Britain and to bring focus on the Japan-U.S. alliance during an event in Washington in the midst of a period when Japan moves away from its postwar restraining to assume more aggressive roles, with a focus on China. Kishida's meetings in the presence of U.S. President Joe Biden on Friday will be the highlight of his five-nation tour , which will take him to France, Italy, Britain and Canada --…
Read More
Jan
07
2023
0 Comments
By Debbik S.
United States to battle Italy in the United Cup final

United States to battle Italy in the United Cup final

News, , , ,
United States to battle Italy in the United Cup final. A determined Taylor Fritz pulled off a 7-6(5) 7-6(5) victory against the Polish's Hubert Hurkacz as the United States finished a 5-0 sweep on Saturday to make it to the semi-finals stage of the United Cup mixed team tournament in which they will take on against Italy. Italy has secured their place in the final of the first $15 million event following a commanding 3-1 advantage in their semi-final match against Greece. The fiery Americans have made a solid start, having led 2-0 on Friday. Jessica Pegula and Frances Tiafoe…
Read More
Jan
07
2023
0 Comments
By Fredric M. Wiseman
Six-Year-Old Student Deliberately Shot Teacher In US

Six-Year-Old Student Deliberately Shot Teacher In US

News, ,
Six-Year-Old Student Deliberately Shot Teacher In US. A 6-year-old pupil deliberately wounded and killed an instructor on his campus at Newport News, Virginia, US during an altercation in a first-grade classroom on Friday, according to local police and school officials. The victim, identified by the name of Abby Zwerner, was rushed to the hospital following being shot in the chest and was later declared critically ill. The student who killed the teacher hasn't been identified by the media. The student was detained and police are trying to discover how he got the gun. Zwerner was the only one wounded in…
Read More
Jan
07
2023
0 Comments
By Helen E. Blake
US accepts revision of free trade treaty with Colombia The Colombian government

US accepts revision of free trade treaty with Colombia The Colombian government

News, , ,
US accepts revision of free trade treaty with Colombia The Colombian government. Governments of Colombia and the United States will negotiate revisions to their controversial "free" trade agreement, the trade minister announced on Tuesday. According to Colombia's ambassador in Washington DC, Luis Gilberto Murillo bilateral talks on possible changes to the "US-Colombia Free Trade Pact" (FTA) are scheduled for May. Murillo stated on December 1st that his administration , headed by President Gustavo Petro, has been talking with various organizations about revising the treaty of 2012 following his inauguration in August of last year. At the same time, the government…
Read More
Jan
07
2023
0 Comments
By Kevin Bonner
Ukraine is awed by US military aid as cease-fire rumored to be in shambles

Ukraine is awed by US military aid as cease-fire rumored to be in shambles

Uncategorized, , , , ,
Ukraine is awed by US military aid as cease-fire rumored to be in shambles. The Ukrainian president has praised his fellow citizens in the United States for including tank-killing vehicles in its most recent multibillion-dollar aid package for the military. The Ukrainian president has praised the United States for including tank-killing armored vehicles as part of its latest multibillion-dollar aid package for the military and says they're "exactly what is needed" for Ukrainian soldiers fighting in the face of Russian forces. Officials also said it was unclear if Moscow adhered to the unilateral cease-fire that lasted 36 hours in celebration…
Read More
Jan
06
2023
0 Comments
By Debbik S.
NASA is in financial trouble for a broader Earth science mission

NASA is in financial trouble for a broader Earth science mission

News, , , ,
NASA is in financial trouble for a broader Earth science mission. NASA will allow three of its aging Earth sciences missions to be included in an upcoming review of extended missions in the face of budgetary pressures that could affect its entire portfolio of missions. In a town hall held at a town hall on Dec. 15 during the Autumn Meeting of the American Geophysical Union, NASA officials revealed that they had invited Aqua, Aura and Terra missions to propose proposals for the 2023 final review of Earth science missions in their extended phase. The three spacecraft which were created…
Read More
Jan
06
2023
0 Comments
By Fredric M. Wiseman
Even a Soft Landing for the Economy May Be Uneven

Even a Soft Landing for the Economy May Be Uneven

News, , ,
Even a Soft Landing for the Economy May Be Uneven. One of the most significant economic tales of the past year was the complicated debate about what it was the U.S. economy was going into a recession , or just declining, with some altitude sickness, after the peak of growth following the pandemic's lows. In the coming year, these arguments and questions will likely to persist. It is known that the Federal Reserve has been steeply increasing the cost of borrowing for companies and individuals in an effort to limit spending and reduce inflation. However, the consequences are still affecting…
Read More
Jan
06
2023
0 Comments
By Helen E. Blake
The US Could Help Solve its poverty problem with a Universal Basic Income

The US Could Help Solve its poverty problem with a Universal Basic Income

News, , ,
The US Could Help Solve its poverty problem with a Universal Basic Income. Universal basic income would not cause adults to quit their jobs, and it could help lift millions of kids into better futures. The tax credits for children, initially created at the end of 1997 was extended to a full year in 2021 this was a significant social and political win for the nation. In a time where the epidemic was causing the financial burden of many families as well, the Biden administration's move not only made it easier to claim the tax credit, but also converted the…
Read More
Jan
05
2023
0 Comments
By Patsy S. Nielsen
Wall Street listless ahead of two days of US employment data

Wall Street listless ahead of two days of US employment data

News, , ,
Wall Street listless ahead of two days of US employment data. The markets appeared to be slow in their progress in the early hours of Thursday ahead of further jobs data likely to show continued growth within the U.S. labor market. The futures of the Dow Jones industrials and the S&P 500 shifted between small gains and losses prior to the bell rang at the start of the day. It is expected that the U.S. government will release its weekly unemployment report on Thursday, and its highly-anticipated December jobs report on Friday. Employment numbers that are strong are seen as…
Read More
Jan
05
2023
0 Comments
By Debbik S.
US STOCK-FUTURES muted as Fed minutes signal tightening in the coming months

US STOCK-FUTURES muted as Fed minutes signal tightening in the coming months

News, , ,
US STOCK-FUTURES muted as Fed minutes signal tightening in the coming months. U.S. stock index futures were a bit sluggish on Thursday following the minutes of the December meeting of the Federal Reserve revealed the central bank's dedication to control inflation. Now, the focus is shifting to employment figures to get more information on the direction of rate hikes. The main indexes of Wall Street have erased some gains on Wednesday following a meeting minutes revealed the Fed was focused on tackling inflation, even as officials voted to slow down the rate hike rate to minimize risk in economic development.…
Read More
Jan
05
2023
0 Comments
By Fredric M. Wiseman
US Soccer star’s mom says she made an allegation about the head coach of the national team for men Gregg Berhalter

US Soccer star’s mom says she made an allegation about the head coach of the national team for men Gregg Berhalter

News, , , , ,
US Soccer star's mom says she made an allegation about the head coach of the national team for men Gregg Berhalter. United States Men's National Team (USMNT) soccer player Gio Reyna's mom, Danielle, said Wednesday she was the person who first reported the incident in 1991 with US Soccer men's head coach Gregg Berhalter and his wife Rosalind. Reyna has said she informed United States Soccer Federation (USSF) director of sports Earnie Stewart of the incident on the 11th of December in the 2022 Qatar World Cup. In a statement made public through ESPN as well as Fox Sports, Reyna…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.