Tag: averting

Trump posts $175 million bond in civil fraud case, averting asset seizures

By Jack Queen (Reuters) – Donald Trump posted a $175 million bond in his New York civil fraud case on Monday, averting asset seizures by state authorities that could have hobbled the former U.S. president’s business empire. The Republican Trump, set to face Democratic President Joe Biden in the November U.S. election, was found liable […]

The economy averting a hard landing is ‘laughable,’ and companies are about to see a profit recession, economist says

Yuichiro Chino/Getty Images The US economy won’t dodge a hard landing recession, according to Stephanie Pomboy. The economist said US consumers are already in a recession. That could be followed by a “double-dip” profit recession as corporate earnings take a hit. The US economy can’t avoid a hard-landing recession, according to one top economist. Stephanie […]

Senate sends six-bill funding package to Biden, averting shutdown

The Senate cleared a six-bill funding package Friday night, sending the $459 billion measure to President Joe Biden’s desk just in time to thwart a partial government shutdown after midnight. The upper chamber passed the measure 75-22 following votes on a handful of Republican amendments that failed on the floor. The bill takes care of […]

US Senate poised to pass spending package, averting government shutdown

By Richard Cowan WASHINGTON (Reuters) – The U.S. Senate is expected to give Congress’ final approval on Friday of legislation funding several federal agencies through September, averting a partial government shutdown that otherwise would begin at midnight. The House of Representatives on Wednesday passed by a vote of 339-85 the package of fiscal 2024 appropriations […]

Fox News settles with Dominion for $787 million, averting defamation trial over its 2020 election lies

Wilmington, Delaware CNN  —  Fox News reached a last-second settlement with Dominion Voting Systems on Tuesday as the case raced toward opening statements, paying more than $787 million to end a colossal two-year legal battle that publicly shredded the right-wing network’s credibility. Fox News’ $787.5 million settlement with Dominion Voting Systems is the largest publicly […]