GANDHINAGAR, India—On the heels of a trip to Beijing, U.S. Treasury Secretary Janet Yellen is back in India for the third time in nine months, this time to meet finance ministers from the Group of 20 nations about global economic challenges like the increased threat of debt defaults facing low-income countries. Ms. Yellen told reporters…
Yellen Visits India Again to Promote Closer Ties and Tackle Global Economic Problems
Defenses Rule 2nd Half as LAFC, Minnesota United Draw
Carlos Vela and Emanuel Reynoso traded first-half goals as Los Angeles FC and Minnesota United played to a 1–1 draw on Saturday night, July 15, in Saint Paul, Minn. It was Reynoso’s fourth goal in just seven games this season for Minnesota United (7–8–7, 28 points), which has won just twice (2–2–6) in 10 home…
Billionaire Warns Hollywood Faces ‘Absolute Collapse’ If Strike Isn’t Resolved
Barry Diller, the billionaire media mogul, said that a failure to resolve twin strikes of the writers’ and screen actors guilds could lead to “devastating effects” if no deal is reached soon. Last week, a number of top movie and TV actors joined picket lines alongside screenwriters on the first full day of a walkout that has…
Twitter Has ‘Negative Cash Flow’ and ‘Heavy Debt,’ Musk Reveals
Twitter is dealing with a “heavy debt load” after losing about 50 percent of its advertising revenue, and that has resulted in the app having a “negative cash flow,” Elon Musk, the company’s owner, wrote on July 14. “We’re still negative cash flow, due to ~50 percent drop in advertising revenue plus heavy debt load. Need to…
Elon Musk Reveals Twitter Has ‘Negative Cash Flow’ and ‘Heavy Debt’
Elon Musk wrote Saturday that Twitter is dealing with a “heavy debt load” after losing about 50 percent of its advertising revenue and that has resulted in the app having a “negative cash flow.” “We’re still negative cash flow, due to ~50 percent drop in advertising revenue plus heavy debt load. Need to reach positive…
Politicians, Activists Eye Parents as Massive Interest Group as Parents Start to Organize
Parents are a sizable group, steadily accounting for more than 60 million of the population in recent decades. But the numerous demographic subsets make parents an unlikely interest group when race, socioeconomic status, geography, and other factors are better hot-button issues. Until, that is, about two weeks ago, when nearly every notable Republican 2024 presidential…
United Airlines Agrees to Give Union Pilots Big Pay Raises
United Airlines and the union representing its pilots said Saturday they reached agreement on a contract that will raise pilot pay by up to 40 percent over four years. The union valued the agreement at about $10 billion. It followed more than four years of tumultuous bargaining that included picketing and talk of a strike…
Biden, Social Media Collude to Suppress Speech
Commentary Of all the ways in which we exercise our freedom in America, the exchange of information without the interference of government may be the most indispensable. One can imagine times when the federal government is entitled to keep news or views from the American people; perhaps knowledge of a major defeat of our forces…
IN-DEPTH: Argentina Starts Allowing Bank Accounts in Chinese Yuan, But Locals Prefer Dollars
The ongoing shortage of U.S. dollars in Argentina has reached a new milestone, and officials are taking drastic steps to refill depleted foreign currency coffers. On June 29, Argentina’s Central Bank announced it would allow residents and businesses to hold accounts in China’s RMB yuan. The historic decision marks a departure from using solely the…
Tucker Carlson Questions Pence About Jan. 6 Capitol Breach
Former Fox News host Tucker Carlson asked former Vice President Mike Pence multiple questions about how he would describe the Jan. 6, 2021, Capitol breach. Mr. Carlson, who departed Fox News in late April, opened his line of questioning of Mr. Pence at the Family Leadership Summit in Iowa by asking him if he believed the…
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