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Speaker of the House Mike Johnson, R-La., speaks to the media after the House narrowly passed a bill forwarding President Donald Trump’s agenda at the Capitol on May 22, 2025.Kevin Dietsch | Getty ImagesAs Senate Republicans debate trillions of tax breaks advanced by the House, some business owners could be blocked from part of the proposed windfall, policy experts say.If enacted as written, the House GOP’s “One Big Beautiful Bill Act” would raise the federal deduction limit for state and local taxes, known as SALT, to $40,000. That would phase out once income exceeds $500,000.The bill would also boost a…

A Social Security Administration (SSA) office in Washington, DC, March 26, 2025. Saul Loeb | Afp | Getty ImagesThe Social Security Administration has now processed about 91% of cases related to a new law that is prompting higher benefits and lump-sum retroactive payments for nearly 3 million people, according to a new update from the agency.The Social Security Fairness Act, which was signed into law in January, eliminated two provisions — the Windfall Elimination Provision, or WEP, and the Government Pension Offset, or GPO — that previously reduced benefits for individuals who also receive income from public pensions that did not…

ISLAMABAD: The Pakistan Cricket Board (PCB) on Tuesday declared the elections of the Islamabad Regional Cricket Association (IRCA) null and void following the adjudicator’s ruling. The controversial IRCA elections, held in March 2023, faced challenges from local cricket clubs. The adjudicator ultimately invalidated the polls, prompting the PCB to issue a notification removing all office bearers of the IRCA, headed by Shakil Shaikh, from their positions and barring them from performing any official duties. With this development, Islamabad joins Sialkot, Faisalabad, and Multan as regional cricket bodies currently operating without elected leadership. In these regions, the absence of an appointed…

KARACHI: Cricket Australia (CA) has agreed to send its team to Pakistan early next year for a white-ball series, the Press Trust of India (PTI) news agency reported on Tuesday. Speaking during an online media interaction, CA chief executive Todd Greenburg said that Australia was keen to visit Pakistan for more tours and that discussions were ongoing with Pakistan Cricket Board (PCB). According to the ICC’s Future Tours Programme (FTP) for 2025–27, Australia are slated to tour Pakistan for three ODIs and three T20Is in February–March 2026. “We are trying to schedule a red-ball and white ball series in our…

The Trump administration paused its plan to garnish Social Security benefits for those who have defaulted on their student loans — but says borrowers’ paychecks are still at risk.”Wage garnishment will begin later this summer,” Ellen Keast, a U.S. Department of Education spokesperson, told CNBC.Since the Covid pandemic began in March 2020, collection activity on federal student loans had mostly been on hold. The Biden administration focused on extending relief measures to struggling borrowers in the wake of the public health crisis and helping them to get current.The Trump administration’s move to resume collection efforts and garnish wages of those behind on their student…

CNN  —  The number of available jobs in the US unexpectedly increased in April, signaling a potential undercurrent of strength in the labor market despite broader economic uncertainty. Job openings totaled an estimated 7.39 million at the end of April, up from 7.2 million in March, according to new data released Tuesday by the Bureau of Labor Statistics. The monthly Job Openings and Labor Turnover Survey showed how the US labor market — job openings, hires, quits and separations such as layoffs — is adapting as President Donald Trump’s sweeping (and frequently shifting) policy actions kicked into higher gear in…

London CNN  —  President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development. In a report Tuesday, the group of 38 mostly wealthy nations sharply downgraded its 2025 economic growth forecast for America to 1.6% from the 2.2% projected in March and said growth would be even weaker next year. The report underscores the uncertainty and chaos around Trump’s tariffs, as well as their potential to cause lasting harm across the world. The Paris-based organization cited higher…

ISLAMABAD: The Pak­i­s­tan Hockey Federation (PHF) announced a 20-member national squad on Monday, appointing Imad Butt as captain for the upcoming FIH Hockey Men’s Nations Cup in Kuala Lumpur. The tournament, crucial for promotion to the elite FIH Hockey Pro League, runs from June 15 to June 21. Imad will lead the Green Shirts in the eight-nation competition, which also features hosts Malaysia, France, Japan, Korea, New Zealand, South Africa and Wales. Rana Waheed was named vice-captain for the campaign. The squad includes goalkeepers Muneer-ur-Reh­man and Abdullah Ishtiaq, alongside field players Mohammad Abdullah, Mohammad Sufyan Khan, Abdul Manan, Hamad Anjum,…

LAHORE: Pakistan Twenty20 International captain Salman Ali Agha has vowed that the side will continue to “entertain” the fans after registering a 3-0 series triumph over Bangladesh. Although it came against a non-elite opponent, the success was special for Pakistan, who announced their transition into a modern-day white-ball side, displaying a high-risk approach that paid dividends across the series. They won the first two matches by 37 and 57 runs respectively, defending with ease scores of 201 in each before chasing down 197 with 16 balls to spare in the final game. In Pakistan’s first T20I series victory on home…

LAHORE: The Pakistan Cricket Board (PCB) has made it mandatory for all international players to participate in at least one domestic tournament each season, in a bid to strengthen the local cricketing structure and groom emerging talent. The decision was taken during a high-level meeting chaired by PCB chief Mohsin Naqvi at the Gaddafi Stadium on Monday. Emphasising the importance of a robust domestic system, Mohsin said that the involvement of international cricketers in domestic competitions would not only raise the standard of the game at grassroots level but also help in preparing quality backups for the national side. The…