News

‘People are hurting’

Published

3 years ago

August 11, 2022

William Howard

U.S. President Joe Biden says Americans ‘are still hurting’, but inflation is starting to ease

It comes as a new report was released, indicating consumer prices stayed the same in July.

This is welcomed news for the Democrats and the Biden administration, who are facing anger over the state of the economy in the lead-up to the November midterm elections.

The report found a sharp drop in the cost of petrol is offsetting rising food, rent and other costs.

But despite the positive outlook, Biden is cautioning his administration my face setbacks as it tries to combat inflation.

Related Topics:biden Business covid Politics trending

Up Next

Sony settles Michael Jackson legal battle

Don't Miss

Pelosi: U.S. will ‘never allow’ Beijing to isolate Taiwan

William Howard

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

News

Trump blocks Emcore deal over Chinese takeover fears

Trump blocks HieFo’s acquisition of Emcore, citing national security risks linked to Chinese control of US tech.

Published

15 hours ago

January 5, 2026

Harvey Vargas

Trump blocks HieFo’s acquisition of Emcore, citing national security risks linked to Chinese control of US tech.

President Donald Trump has blocked the acquisition of US semiconductor company Emcore by HieFo Corp, citing serious national security concerns tied to Chinese control. The decision highlights growing scrutiny over foreign investment in sensitive American technology sectors.

The White House order stated that HieFo is controlled by a Chinese citizen and could pose a threat to US national security. Under the directive, HieFo must fully divest its interests in Emcore within 180 days, reversing the deal that had already taken the company private.

The US Treasury Department confirmed it identified a national security risk during its review. Emcore had previously disclosed that HieFo acquired its chips business for nearly $3 million, with the firm co-founded by a former Emcore executive and another individual with deep ties to the company.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#DonaldTrump #ChinaUS #NationalSecurity #Semiconductors #TechPolitics #ForeignInvestment #USChina #TickerNews

News

Teenagers among 40 killed in New Year’s Eve bar fire in Switzerland

Tragic New Year’s Eve bar fire in Switzerland kills 40, including teenagers, sparking international mourning and safety debates.

Published

15 hours ago

January 5, 2026

Harvey Vargas

Tragic New Year’s Eve bar fire in Switzerland kills 40, including teenagers, sparking international mourning and safety debates.

Several teenagers were among the 40 people killed in a devastating New Year’s Eve bar fire in Switzerland, turning celebrations into tragedy. Authorities say the blaze ripped through the venue within minutes, leaving dozens dead and many more injured.

Police have now identified 16 additional victims, including 10 Swiss nationals and others from multiple countries, underlining the international impact of the disaster. Families and communities across Europe are mourning those lost.

As investigations continue, many survivors remain in critical condition, with officials warning the death toll could still rise in the coming days. The tragedy has reignited debate over venue safety during large celebrations.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Switzerland #BreakingNews #NewYearsEve #BarFire #Tragedy #WorldNews #FireInvestigation #Ticker

News

Trump administration moves to install interim government in Venezuela after Maduro’s fall

U.S. plans interim government in Venezuela to stabilize economy and revive oil industry post-Maduro removal.

Published

15 hours ago

January 5, 2026

Harvey Vargas

U.S. plans interim government in Venezuela to stabilize economy and revive oil industry post-Maduro removal.

The Trump administration is working to establish an interim government in Venezuela following the removal of Nicolás Maduro, signalling a major shift in U.S. involvement in the region. Washington says the goal is to stabilise the country after years of economic collapse and political turmoil.

A key focus of the plan is rebuilding Venezuela’s oil industry, once among the world’s largest, as the U.S. looks to restore production and attract international investment. Officials argue that reviving energy output is essential to economic recovery and regional stability.

However, questions remain over how quickly a transition can be implemented and who will ultimately lead it. The White House has yet to outline the structure or timeline of the proposed government.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Venezuela #Trump #Maduro #USForeignPolicy #OilCrisis #RegimeChange #Geopolitics #TickerNews