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People shop at a grocery store in Manhattan, New York City, on April 1, 2025.Spencer Platt | Getty ImagesRepublicans’ “big beautiful” reconciliation package includes tax cuts that policy researchers have found primarily benefit the wealthy. To help pay for that, the legislation also includes “substantial” cuts to the Supplemental Nutrition Assistance Program, or SNAP, formerly known as food stamps, according to research from the Urban Institute.The changes will cause 22.3 million families to lose some or all of their SNAP benefits, according to the institute, a nonpartisan provider of policy research. Its analysis is based on the legislation passed by the…

A drone view shows flooded houses, following torrential rains that unleashed flash floods along the Guadalupe River in San Angelo, Texas, on June 4, 2025, in this screen grab obtained from a social media video.Patrick Keely | Patrick Keely Via Reuters’Every home can be exposed’Texas is one of the most flood-prone areas in the U.S., Worters said — flash floods, river overflows and tropical storms result in billions of dollars in insured losses per year.”Flooding in Texas has become a growing threat,” she said.But it’s a nationwide risk. Over the past 20 years, 99% of U.S. counties have experienced a…

CNN  —  Economists, researchers and analysts have warned that President Donald Trump’s sweeping trade policy of tacking steep tariffs on most goods that come into America will deliver a taxing blow to consumers via higher prices. However, recent months’ economic data has shown that overall inflation has remained fairly tame. Trump and members of his administration tout the positive economic reports as signs that tariffs are working. However, the chorus of concern is growing: Prices are moving higher, and economists say this is just the beginning. Here’s a look at the mechanisms behind why price hikes, and hotter inflation, are…

WELLINGTON: New Black Caps coach Rob Walter says Kane Williamson still wants to represent New Zealand in international cricket despite opting out of the upcoming tour of Zimbabwe. The 34-year-old master batsman turned down a central contract with New Zealand Cricket for this season, enabling him to pick and choose his availability and take up lucrative contracts in franchise cricket. So instead of playing two tests in Bulawayo in late July and August, Williamson will be captaining London Spirit in The Hundred in England. “Myself and Kane have had a nice conversation, a long conversation,” South African Walter told the…

LONDON: Jannik Sinner overcame Ben Shelton in straight sets to reach the Wimbledon semi-finals for the second time on Wednesday, easing fears over an elbow injury he suffered in the previous round. Sinner wore a protective sleeve on his right arm and could be seen grimacing at times in his 7-6(7/2), 6-4, 6-4 quarter-final victory against 10th seed Shelton on Court One. But the 23-year-old battled through the discomfort. Sinner had sparked fears he may have to pull out of Wimbledon after injuring his right elbow in an awkward fall during his fourth-round tie against Grigor Dimitrov on Monday. The…

Members of the University of North Carolina’s diverse student body mingle on campus as the Supreme Court weighs the issue of race-conscious admissions to colleges, in Chapel Hill, North Carolina, U.S., April 5, 2023.Jonathan Drake | ReutersInternational student enrollment increased last year, according to the U.S. Department of Homeland Security — contrary to data the agency previously posted, which showed a decline.A new analysis by Chris Glass, a professor at Boston College, found that student and exchange visitor information system data issued by DHS underreported the number of international students by more than 200,000 — an error that the agency corrected this month.…

CNN  —  President Donald Trump sent letters to the leaders of six more countries Wednesday, adding to the growing list of US trading partners for whom he has threatened new tariff rates. Among the latest recipients were the Philippines, Moldova, Brunei, Algeria, Libya and Iraq, with rates going as high as 30% on goods they ship to the United States. The new tariffs go into effect August 1, pending negotiations. The rates Trump said would be imposed on goods from Moldova, Iraq and Libya were lower than those he announced in early April. The rates on goods from the Philippines…

Christian Horner was sacked on Wednesday by Red Bull after 20 years as team principal of the Formula One outfit. The 51-year-old has been in charge since the team was formed in 2005 and has led them to eight drivers’ titles and six constructors’ crowns. Dutchman Max Verstappen has won the past four drivers’ titles for Red Bull, matching the achievement of Sebastian Vettel, who dominated for the team from 2010 to 2013. Horner’s dismissal as CEO and team principal comes 17 months after he was accused by a female colleague of “inappropriate behaviour”. The Englishman was twice cleared over…

A view of the Consumer Financial Protection Bureau headquarters in Washington. Saul Loeb | Afp | Getty ImagesA massive tax and spending law that President Donald Trump signed last week slashes the Consumer Financial Protection Bureau’s annual budget — and critics of the move say they fear it may lead to less oversight of financial firms and bring more harm to consumers.”There’s no way to paint a positive picture about it,” said Adam Rust, director of financial services at the Consumer Federation of America, a consumer advocacy group.The CFPB was created in the wake of the 2008 financial crisis to…

LONDON: India expect England to roll out a challenging track for the third Test at Lord’s but are confident their in-form batters can master it, batting coach Sitanshu Kotak said on Tuesday. India levelled the five-Test series 1-1 with a thumping 336-run victory at Edgbaston where they racked up 587 in the first innings and declared their second on 427-6. England are pondering overhauling their tired bowling attack and a fit-again Jofra Archer is in line to play his first Test in more than four years at Lord’s. “It will be a challenge if Jofra comes in,” Kotak told reporters…