President Trump on Thursday named Adam Telle, a civilian leader in the U.S. Army Corps of Engineers, as the acting Army secretary, following the resignation of Dan Driscoll earlier this week. Telle is currently the assistant secretary of the Army for civil works. But he spent more than 20 years working for Republican senators, and…
President Trump has framed last week’s deal for the U.S. government to take a stake in Venezuela’s oil reserves as a boon not just for gas prices, but also for the Strategic Petroleum Reserve, which has dropped to historically low levels. “One of the things I am going to do with the Venezuelan Oil is…
Retirement is biting Generation X. Its oldest members will turn 62 next year, the earliest age at which people can claim Social Security benefits, with many Americans having too little saved to stop working even as the program faces its own funding crisis. Chris Branaman, 53, jokes that his retirement will be spent as a…
The national debt topped $40 trillion, according to Treasury Department data released on Wednesday, representing a fiscal milestone that underscores the federal government’s mounting borrowing and interest costs. The Treasury Department’s daily financial report shows that the nation’s debt reached $40.05 trillion on August 18, more than double its level in 2017. The federal debt has…
Sky-high rental costs across the U.S. are swallowing up a large share of Americans’ paychecks in cities, as a stubborn supply shortage keeps prices elevated. According to Zillow, the median rent for a two-bedroom home in New York City, the country’s priciest metro area, runs $4,750 a month — or $57,000 a year. That’s more…
KARACHI: Water supply to several parts of Karachi resumed in phases on Monday after electricity supply was resumed at the Dhabeji pumping station, around 22 hours after a power breakdown, Karachi Water and Sewerage Corporation spokesperson Abdul Qadir Shaikh told Dawn. The spokesperson said K-Electric (KE) had restored power supply to the pumping station at…
Washington — Victims of Iranian-sponsored terrorism and their families are in Washington this week to urge President Trump to demand Iran pay restitution as part of any potential peace deal. The delegation of more than 100 people includes those who have successfully sued the Islamic Republic in U.S. federal court for tens of billions of…
Every year, as the sugarcane crushing season approaches, Pakistan finds itself trapped in the same debate. Farmers demand higher cane prices to offset rising production costs. Sugar mills argue that increased procurement prices make sugar commercially unviable. Governments intervene to broker settlements, while consumers brace for higher retail prices. By the end of the season,…
