IBM warns AI spending shift is hitting core business
IBM has warned that a surge in spending on artificial intelligence infrastructure is weighing on its core business, in one of the clearest signs yet o...
The U.S. Senate on Monday approved a deal to end the longest government shutdown, resolving a weeks-long impasse that disrupted food aid, halted pay for federal workers, and affected air travel.
The 60–40 vote passed with backing from nearly all Republicans and eight Democrats, who failed in their effort to link government funding to soon-expiring health subsidies.
While the agreement sets up a December vote on those subsidies, which benefit 24 million Americans, it does not guarantee they will continue.
The deal would restore funding for federal agencies that lawmakers allowed to expire on 1 October and would stall President Donald Trump's campaign to downsize the federal workforce, preventing any layoffs until 30 January.
It next heads to the Republican-controlled House of Representatives, where Speaker Mike Johnson has said he would like to pass it as soon as Wednesday and send it on to Trump to sign into law.
Trump has called the deal to reopen the government "very good."
The deal would extend funding through 30 January, leaving the federal government for now on a path to keep adding about $1.8 trillion a year to its $38 trillion in debt.
"We wish we could do more," said Senator Dick Durbin of Illinois, the chamber's No. 2 Democrat.
"The government shutting down seemed to be an opportunity to lead us to better policy. It didn't work."
The deal does not appear to include any specific guardrails to prevent Trump from enacting further spending cuts.
However, the deal would fund the SNAP food-subsidy program through to 30 September next year, heading off any possible disruptions if Congress were to shut down the government again during that time.
The United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% fee on cargo passing through the strategic waterway.
President Ilham Aliyev is holding his annual question-and-answer session with international journalists at the 4th Shusha Global Media Forum in Azerbaijan.
The United States and Iran have significantly escalated their conflict, exchanging heavy missile and drone strikes across the Gulf region. Iran claims it has once again closed the Strait of Hormuz, a vital global shipping route.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 13th of July, covering the latest developments you need to know.
An overnight fire at a popular bar in Bangkok has killed at least 30 people and injured 70 others, making it one of the deadliest pub disasters in the Thai capital in recent years. Authorities say the venue quickly filled with thick smoke, trapping patrons inside.
The United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% fee on cargo passing through the strategic waterway.
The United States has announced a campaign to weaken the International Criminal Court (ICC), describing the tribunal as a threat to American sovereignty and signalling that further sanctions, visa restrictions and diplomatic pressure on allies could follow.
The United Kingdom, the European Union, Spain and Gibraltar have formally signed a treaty establishing new arrangements for movement and border procedures between Gibraltar and Spain.
Around 500 soldiers from countries supporting Ukraine marched down Paris's Champs-Élysées during France's annual Bastille Day parade. France said the procession, which also included 25 Ukrainian soldiers, demonstrated that Europe was ready to respond to growing international threats.
Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Tuesday that its Navy had struck U.S. military barracks, a satellite communications centre and a Patriot missile battery in Bahrain, while its Aerospace Force targeted an airbase in Jordan.
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