Author: i2wtc

Lisa Cook, governor of the US Federal Reserve and governor nominee for US President Joe Biden, during a Senate Banking Committee nomination hearing in Washington, DC, US, on Wednesday, June 21, 2023. Anna Rose Layden | Bloomberg | Getty ImagesLawyers for Federal Reserve Governor Lisa Cook on Thursday argued that the Supreme Court should reject President Donald Trump’s request that he be allowed to fire her pending the outcome of her lawsuit challenging her removal.”The President’s stay application asks this Court to act on an emergency basis to eviscerate the independence of the Federal Reserve Board,” Cook’s lawyers wrote in…

Pakistan secured their place in the Asia Cup 2025 final, defeating Bangladesh by 11 runs in a tense Super Four match at the Dubai International Stadium on Thursday night. Pakistan’s bowlers rose to the occasion, restricting Bangladesh to 124 for nine in their 20 overs. This victory marks the first time Pakistan will face India in the Asia Cup final. Shaheen Shah Afridi was named Player of the Match for his spectacular bowling performance and his contribution of 19 runs to Pakistan’s total. “I want to dedicate this award to my beautiful wife and son,” he said during the post-match…

Oracle, Silver Lake and Abu Dhabi’s MGX will be main investors in TikTok’s U.S. business, sources told CNBC’s David Faber on Thursday. Those three entities will control roughly 45% of TikTok USA, Faber reported. ByteDance, TikTok’s Chinese parent, will own 19.9%, with the remaining 35% in the hands of ByteDance investors and new holders.President Donald Trump will sign an executive order on Thursday backing the proposed deal that will keep the social media app running in the U.S. ByteDance has faced an ultimatum under a federal law requiring it to either divest the platform’s American business or be shut down in the…

India skipper Suryakumar Yadav is facing controversy after the International Cricket Council (ICC) acknowledged remarks he made following India’s Asia Cup group-stage victory over Pakistan on September 14, saying that it is reviewing a complaint lodged by the Pakistan Cricket Board (PCB) and has had a formal hearing, Hindustan Times reported on Thursday. The move comes after the PCB lodged an official complaint with the ICC against Yadav for dedicating its September 14 win over Pakistan to “the families of the victims of the Pahalgam terror attack”. At least 24 people had been killed in the April attack, which led…

A sold sign is posted in front of a home for sale on Aug. 27, 2025 in San Francisco, California.Justin Sullivan | Getty ImagesSales of previously owned homes were essentially flat in August, coming in 4 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. That is a 0.2% drop from July and an increase of 1.8% from August of last year. Sales were strongest in the Midwest and weakest in the Northeast.This count is based on closings, so people signing their deals in June and July, when mortgage rates were about 50 basis…

After posting 135-8 in virtual semi-final, Shaheen, Haris star with three wickets apiece to put the Green Shirts of victory. Pakistan won by 11 runs after stumbling to 135-8 in the virtual semi-final against Bangladesh in their men’s Asia Cup Super Four fixture at Dubai International Cricket Stadium on Thursday. The winner will book a place in the final against India. Live Coverage begins (Refresh for updates): Bangladesh’s chase Over 20 — Bangladesh – 124-9 19.1: Haris returns with venom. Mustafizur has no idea where that pacy delivery went! Coach Hesson watches on intently. 19.4: Rishad smacks Haris for six!…

House Minority Leader Hakeem Jeffries, D-N.Y., holds a news conference on the government funding deadline in the Will Rogers Corridor in the U.S. Capitol on Thursday, September 24, 2025. Bill Clark | Cq-roll Call, Inc. | Getty ImagesCongressional Democrats are digging in on their demands to protect Obamacare health insurance subsidies with just days to go before the federal government risks shutting down if Republicans do not agree to that ask. Congress is set to return to Capitol Hill on Monday, giving lawmakers just two days to reach a deal that will keep the government from shutting down starting Wednesday.Republicans…

GMC SUVs parked outside a GMC Buick dealership in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak | Nurphoto | Getty ImagesDETROIT — Uncertainty surrounding U.S. regulations on tariffs, electric vehicles and other auto-related issues have given new car sales a surprising boost heading into the fourth quarter, according to a new industry analysis.Cox Automotive on Thursday raised its 2025 new vehicle U.S. sales forecast to 16.1 million from a previous range of 15.6 million to 15.7 million due to stronger-than-expected demand so far this year. That would be up from roughly 16 million vehicles sold domestically in 2024.Cox…

URUMQI, Sept. 25 (Xinhua) — Chinese President Xi Jinping left Xinjiang Uygur Autonomous Region for Beijing on Thursday after attending events in celebration of the autonomous region’s 70th founding anniversary.Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, was given a warm send-off by people of all ethnic groups who lined the streets waving red flags in the city proper of Urumqi, the regional capital, and danced joyfully at Urumqi Tianshan International Airport.Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman…

ISLAMABAD: Leaders from the key Arab nations and members of the Organisation of Islamic Cooperation (OIC), who met US President Donald Trump on Tuesday, have pressed for an immediate ceasefire in Gaza, release of all hostages, and a comprehensive plan for reconstruction, according to a joint statement issued on Wednesday. The summit, held on the sidelines of the 80th UN General Assembly session, was convened at the initiative of President Trump. The meeting was co-hosted by President Trump and Qatar’s Amir Sheikh Tamim bin Hamad Al Thani, and attended by Jordan’s King Abdullah II, Turkish President Recep Tayyip Erdogan, Indonesian…