Author: BLMS MEDIA
Rep. Alexandria Ocasio-Cortez is at a crossroads — again.Five months ago, she chose to play the inside game with her fellow House Democrats, running for her party’s top post on the high-profile Oversight Committee. She came up short to a more senior lawmaker, Rep. Gerry Connolly of Virginia, and left the committee entirely.Now she has a second chance. Connolly unexpectedly announced Monday he will soon step aside for health reasons, leaving her with another critical choice — one made even more momentous by how much has changed inside the Democratic Party since she last chose to try and move up…
The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business. First-quarter growth was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before Trump imposed massive tariffs.The January-March drop in gross domestic product — the nation’s output of goods and services — reversed a 2.4% gain in the last three months of 2024. Imports grew at a 41% pace, fastest since 2020, and shaved 5 percentage points off first-quarter growth. Consumer spending also slowed…
Editor’s note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get news about destinations, plus the latest in aviation, food and drink, and where to stay. CNN — Inhabited by a succession of Celts, Romans, Anglo-Saxons, Scandinavians and Normans, Britain has spent centuries simmering into a confusing toponymic soup of counties, cities and castles. Over time, their names have further shifted and skewed, taking on their own idiosyncrasies and sometimes becoming utterly unpredictable. Happisburgh is “Haze-bur-ruh.” Cholmondeley is “Chum-lee”. Leominster is “Lem-stuh.” In a land where rules are so often cast out the window, sometimes it’s simply a…
CNN — The Federal Bureau of Investigation has reassigned several agents who were photographed kneeling with demonstrators during a 2020 protest in the wake of police killing of George Floyd, people briefed on the matter told CNN. The reassignments, viewed as demotions by many inside the FBI, come nearly five years after the episode that ignited controversy inside the bureau. FBI officials offered no explanation for changing the roles to less coveted positions for the agents, according to sources. The FBI declined to comment to CNN, citing its policy to not discuss personnel matters. Agents affected didn’t respond to requests…
Two German flags fly in front of and on top of the Reichstag building at sunset.Photo by Hannes P Albert/picture alliance via Getty ImagesGerman consumer inflation came in at 2.2% in April on an annual basis, easing slightly from March levels but coming in above expectations, preliminary data showed Wednesday.Economists polled by Reuters had estimated a 2.1% reading. The country’s consumer price index, harmonized for comparability across the euro zone, had come in at 2.3% in March on an annual basis.So-called core inflation, which excludes food and energy prices, accelerated to 2.9% in April from 2.6% in March. The closely-watched…
Anthony Volpe was late to the party, and he knew it.It was summer 2024, and Volpe, a semiretired pharmacist and college professor, was looking to buy a house near Orlando. Home prices had skyrocketed during the pandemic, but the frenzy had come with a silver lining: a steep drop in mortgage rates. These rock-bottom rates, which hit their lowest point at an average of 2.7% in early 2021, meant buyers could afford pricier places while keeping their monthly payments in check. By the time Volpe embarked on his search, though, that window of opportunity had long since closed. The typical…
New Hyundai automobiles are parked at auto terminal in Philadelphia, Thursday, March 27, 2025. (AP Photo/Matt Rourke) New Hyundai automobiles are parked at auto terminal in Philadelphia, Thursday, March 27, 2025. (AP Photo/Matt Rourke)Read More Trump signed executive orders to relax some of his 25% tariffs on automobiles and auto parts, a significant reversal as the import taxes threatened to hurt domestic manufacturers.Automakers and independent analyses have indicated that the tariffs could raise prices, reduce sales and make U.S. production less competitive worldwide.The amended order provides a rebate for one year of 3.75% relative to the sales prices of domestically…
Chinese battery giant CATL.Martin Schutt | picture alliance | Getty ImagesChinese battery giant CATL plans to launch its Hong Kong listing next month, two sources with direct knowledge of the matter said, in what is set to be the city’s largest share sale in four years.The bookbuilding for the deal, or the process to invite bids for the equity offering from investors, is expected to start the week of May 12, the sources said who declined to be named discussing information that is not yet public.Reuters has reported, citing people with knowledge of the matter, that the offering could raise at least $5 billion.CATL did not immediately respond to a request for comment.The size and timing of CATL’s bookbuilding could change, one…
Brisbane, Australia CNN — Lawyers for an Australian woman accused of fatally poisoning three family members with deadly mushrooms have told the jury their deaths were a “terrible accident.” Erin Patterson is standing trial for the 2023 deaths of her mother-in-law Gail Patterson, father-in-law Donald Patterson and Gail’s sister Heather Wilkinson – who all died in hospital days after Patterson served them a meal that contained death cap mushrooms. She is also charged with the attempted murder of Heather’s husband Ian Wilkinson, who was also at the lunch but survived. Crown prosecutors allege Patterson deliberately served lethal mushrooms to kill…
It was March 2019, and we were about a kilometre away from Baghouz with the coalition troops breathing down the necks of ISIS. Women clad in burqas scurried around holding children while men in black whizzed around on motorbikes. This was the extremists’ last stand. A humanitarian corridor was created to allow ISIS to send out their families. To the astonishment of the watching media, thousands of people streamed out. Wounded men were interrogated and taken to multiple prisons in northeast Syria, where many of those accused of being ISIS fighters – many of them foreigners including Britons – still…