US Treasury to launch measures Tuesday to avoid debt limit breach

WASHINGTON — U.S. Treasury Secretary Janet Yellen said that the government would reach its statutory borrowing limit on Tuesday and begin employing “extraordinary measures” to keep from breaching the cap and risking a potential catastrophic default.  Yellen, in a letter on Friday to congressional leaders just three days before the Biden administration turns over U.S. government…

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Crews improve containment of LA fires

WASHINGTON — Firefighters have contained more of the Palisades and Eaton fires in Southern California, the state’s Department of Forestry and Fire Protection said Friday morning. For the time being, the strongest winds have calmed, but the National Weather Service said dangerous conditions are expected again next week. The strongest winds are expected Tuesday night. The…

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Billionaires and foreign dignitaries to attend Trump’s inauguration

Elon Musk, the world’s richest person, will be among several billionaires attending Donald Trump’s second presidential inauguration. Tesla CEO Musk was instrumental in Trump’s reelection with his contribution of over a quarter of a billion dollars to Trump’s campaign coffers, according to Forbes. Musk is set to head Trump’s new Department of Government Efficiency, along…

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Trump’s pick to lead CIA promises more focus, firmer posture

WASHINGTON — President-elect Donald Trump’s pick to lead the CIA signaled substantial changes are in store for America’s premier spy agency, telling lawmakers that it must be more aggressive both in collecting intelligence and pushing back against Washington’s adversaries. John Ratcliffe, who served as director of national intelligence at the end of Trump’s first term, told…

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US imposes export controls on biotech equipment over AI security concerns

On Wednesday the U.S. Department of Commerce announced it would implement new export controls on certain biotechnology equipment, citing national security concerns relating to artificial intelligence and data science. The Commerce Department warned that China could use the biotech equipment’s technology to bolster its military capabilities and help design new weapons using artificial intelligence. The…

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