News

U.S. House of Representatives votes to raise debt ceiling

Published

1 year ago

April 27, 2023

ticker NEWS

The final vote was 217-215, with four Republicans voting against the bill

The Republican-held U.S. House of Representatives has voted to raise the nation’s debt ceiling as speaker Kevin McCarthy calls on the Democrats to come to the table.

The final vote was 217-215, with four Republicans voting against the bill, which includes sweeping spending cuts over the next decade.

House Speaker McCarthy could only lose four votes if the bill was to be successful.

But it’s dead on arrival in the Democratic-led Senate.

Regardless, the primary aim of the bill is to boost the Republicans’ efforts to negotiate with the White House as the country quickly approaches its default deadline.

The U.S. Treasury could run out of ways to pay its bills in a matter of weeks if Congress fails to act, and financial markets are already flashing warning signs.

A 2011 standoff led to a downgrade of the government’s credit rating, which pushed borrowing costs higher and hammered investments.

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

2 days ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

2 days ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

News

U.S. home prices surge 47%

Published

2 days ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending