Trump's $5,000 dividend plan draws Republican skepticism

13 min agoA Russian drone strike on the southeastern Ukrainian city of Pavloggrad killed at least four people and wounded more than 60 on Thursday, hitting near shopping centers during daylight hours when streets were crowded, according to Ukraine's interior minister Ivan Vygivski. President Volodymyr Zelenskiy said there would be no trilateral peace talks before Russian elections.

58 min agoPresident Donald Trump proposed sending a $5,000 dividend to every American adult if Republicans win the midterms, a plan he outlined at the GOP's midterm convention in Texas. Some members of his party expressed concern about the proposal. When asked why the checks would come after the midterms if funds were available now, Trump cited strong government revenue and said Democratic policies would prevent such spending.

1 h agoPresident Donald Trump promised $5,000 to every American adult if his party keeps majorities in both chambers of Congress following November's midterm elections. He made the announcement at the Republican National Committee's midterm convention in Dallas on Wednesday. Offering money contingent on voting is illegal under federal statute.

2 h agoThe UAE announced the 40 billion euro investment during a state visit by its leader to Germany. Emirates was permitted to serve Berlin, an additional German city.

3 h agoU.S. and regional officials said Iran has resumed assembling ballistic missiles in underground facilities using stored components, including both liquid-fueled and solid-fueled variants. The missiles are being produced in more limited quantities than before the war, according to the officials.

4 h agoThe United Arab Emirates announced 40 billion euros in planned investment in Germany across sectors including industry, advanced technology, artificial intelligence and digital infrastructure. The investment includes development of new data centers, and Emirates airline will be permitted to serve an additional German city.

4 h agoThe Boston-based First US Circuit Court of Appeals declined to suspend an injunction preventing the US Postal Service from implementing tighter mail-in voting requirements ahead of November's congressional election. The US Supreme Court is separately weighing a similar request from the Trump administration.

4 h agoOpenAI on Thursday launched ChatGPT for Financial Services, powered by GPT-6 Astra and built with Morgan Stanley and Evercore as design partners. The product targets research, financial modeling and pitchbook generation traditionally handled by junior bankers and equity researchers, drawing on built-in data from LSEG, PitchBook, Daloopa and other financial data providers.

5 h agoYemen's Houthis seized the port city of Mocha this week on the Red Sea coast. Iran's Revolutionary Guards provided direct guidance, strengthening Houthi control over the Bab el-Mandeb Strait. Iran told the Houthis last week to escalate attacks on Saudi Arabia and promised additional funding, weapons and senior officers.

5 h agoEngland's charge towards victory in the final Test against Pakistan was stopped by rain at Edgbaston on day two. Pakistan, batting second, had reached 52-2 when bad weather intervened, leaving the tourists 268 runs behind England's first-innings total of 453.