Author: i2wtc

BREAKINGBREAKING, Reported death toll marks one of the deadliest attacks by the US military on Yemen.Air strikes by the United States on Yemen’s Ras Isa oil port have killed at least 38 people in what is one of the deadliest attacks on the country by US forces, Houthi-affiliated media report. Al Masirah TV said the strikes on Thursday also wounded 102 people, citing the country’s Hodeidah Health Office. The US military said strikes are being carried out to cut off a source of fuel for Houthi fighters. “The objective of these strikes was to degrade the economic source of power…

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Wesley Stanovsek was a dream hire for the IRS in 2024. With $80 billion in new funding from Congress, the IRS went shopping for young, tech savvy accountants and engineers who could deconstruct the complex returns of the wealthy and private companies. Stanovsek, based in Columbus, Ohio, specialized in S-corps, trusts and partnerships before getting hired by the IRS’s High Wealth division. In February he was…

Listen to article The United Kingdom is ready to partner with Pakistan to help grow its economy to $2 trillion, British High Commissioner to Pakistan Jane Marriott said on Thursday, reaffirming Britain’s long-term commitment to the country’s economic development. Addressing the Leaders in Islamabad Business Summit, Marriott said the UK is determined to further strengthen its strategic partnership with Pakistan across several vital sectors, including finance, healthcare, education, engineering, and energy. She noted that the UK remains one of the largest providers of financial, business, and trade services globally, and sees great potential in Pakistan’s economy, especially given its young and dynamic…

Jason Citron, CEO of Discord in Washington, DC, on January 31, 2024.Andrew Caballero-Reynolds | AFP | Getty ImagesThe New Jersey attorney general sued Discord on Thursday, alleging that the company misled consumers about child safety features on the gaming-centric social messaging app.The lawsuit, filed in the New Jersey Superior Court by Attorney General Matthew Platkin and the state’s division of consumer affairs, alleges that Discord violated the state’s consumer fraud laws.Discord did so, the complaint said, by allegedly “misleading children and parents from New Jersey” about safety features, “obscuring” the risks children face on the platform and failing to enforce…

Skipper Fatima Sana led the way as Pakistan women on Thursday went through to the Women’s World Cup after beating Thailand by 87 runs in their fourth One-Day International (ODI) encounter of the ICC Women’s World Cup 2025 Qualifiers. Pakistan have booked their spot for the World Cup to be held later this year, courtesy their bowlers who once again stepped up to defend a below-par score of 205. Earlier in the day, player of the match Fatima played a captain’s knock of 62 not out, supported by Veteran bat Sidra Amin. Sidra top-scored for Pakistan with 80 as the…

American Express’ affluent cardholders are showing few signs of curbing their spending, and younger customers drove growth in first-quarter transaction volumes, Chief Financial Officer Christophe Le Caillec told CNBC.Billed business on AmEx cards rose 6% in the period, or 7% when adjusted for the impact of the leap year, the company reported Thursday, which shows that the bump in spending late last year continued into 2025, according to Le Caillec.Those trends have continued into April, the CFO said, despite sharp declines in stocks this month amid concerns that President Donald Trump’s tariff policies will cause a recession.The dynamic, which helped AmEx top…

Listen to article Authorities in Karachi have imposed a two-month ban on the movement of heavy transport vehicles during daytime hours, aiming to address worsening traffic congestion and road safety risks, Express News reported. The restriction, enacted under Section 144 of the Criminal Procedure Code, will be in force from April 17 to June 16, 2025, according to a notification issued by Karachi Division Commissioner Syed Hassan Naqvi. “The move aims to protect human lives and ensure smooth traffic flow,” said Commissioner Naqvi, underscoring the urgency of mitigating gridlock in the metropolis. Under the new rules, all heavy vehicles—including dumpers transporting construction…

Ukraine offiical Yulia Svyrydenko did not publish details of the memorandum, says work continues towards securing final deal.Ukraine and the United States have signed a memorandum as an initial step towards the clinching of an agreement on developing minerals in the country, Kyiv’s first deputy prime minister and economy minister said. “We are happy to announce the signing, with our American partners, of a Memorandum of Intent, which paves the way for an Economic Partnership Agreement and the establishment of the Investment Fund for the Reconstruction of Ukraine,” Yulia Svyrydenko wrote on the social media platform X. Kyiv and Washington…

Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building on December 11, 2018 in Washington, DC.Alex Wong | Getty ImagesGoogle’s antitrust woes are continuing to mount, just as the company tries to brace for a future dominated by artificial intelligence.On Thursday, a federal judge ruled that Google held illegal monopolies in online advertising markets due to its position between ad buyers and sellers.The ruling, which followed a September trial in Alexandria, Virginia, represents a second major antitrust blow for Google in under a year. In August, a judge determined the company has held…

Harvard University’s Dunster House in Cambridge, Massachusetts.Blake Nissen for The Boston Globe via Getty ImagesHarvard’s brewing conflict with the Trump administration could come at a steep cost — even for the nation’s richest university.On April 14, Harvard University President Alan Garber announced the institution would not comply with the administration’s demands, including to “audit” Harvard’s students and faculty for “viewpoint diversity.” The federal government, in response, froze $2.2 billion in multi-year grants and $60 million in multi-year contracts with the university.According to CNN and multiple other news outlets, the Trump administration has now asked the Internal Revenue Service to revoke…