- Kraken Launches U.S. Derivatives Arm
- Student loan changes under Trump and the ‘big beautiful bill’
- Archer keen to play remaining India Tests, Ashes – Sport
- US wholesale inflation was unchanged last month despite tariff rollout
- Sindh CM Murad approves Rs100m for hosting Asia Cup Wheelchair Cricket Tournament – Pakistan
- Trump’s ‘big beautiful bill’ sets student loan borrowing limits
- More employers plan to pass along health care costs to workers in 2026
- Ahtesham to face Hassan in U-18 final at national tennis – Sport
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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…
The U.S. Department of Education is seen on March 20, 2025 in Washington, DC. U.S. President Donald Trump is preparing to sign an executive order to abolish the Department of Education. Win Mcnamee | Getty Images News | Getty ImagesThe U.S. Department of Education is pausing its plan to garnish people’s Social Security benefits if they have defaulted on their student loans, a spokesperson for the agency tells CNBC.”The Trump Administration is committed to protecting Social Security recipients who oftentimes rely on a fixed income,” said Ellen Keast, an Education Department spokesperson.The development is an abrupt change in policy by the…
The Supreme Court just declined to hear a penny stock broker’s legal challenge to FINRA’s constitutionality. Despite it, a new bill aims to strip the self-regulatory body of its key powers, moving them to the SEC.Win McNamee/Getty Images Wall Street’s top watchdog, the Financial Industry Regulatory Authority (FINRA), faces a pivotal moment amid converging legislative and legal challenges that could potentially reshape the future regulatory landscape. The regulator notched a win on Monday, however, as the Supreme Court declined to hear a penny stock broker’s legal challenge to FINRA’s constitutionality. Until recently, adding pressure to FINRA’s current predicament was its…
Annabelle Gordon/Bloomberg via Getty ImagesThe massive package of tax cuts House Republicans passed in May is expected to increase the U.S. debt by trillions of dollars — a sum that threatens to torpedo the legislation as the Senate starts to consider it this week.The Committee for a Responsible Federal Budget estimates the bill, as written, would add about $3.1 trillion to the national debt over a decade with interest, to a total $53 trillion. The Penn Wharton Budget Model estimates a higher tally: $3.8 trillion, including interest and economic effects.Rep. Thomas Massie of Kentucky was one of two Republicans to…
Former star cricketer Shoaib Akhtar received a defamation notice of Rs1 billion from sports journalist and former Pakistan Cricket Board (PCB) official Nauman Niaz on Monday, reigniting yet another feud between the two personalities. The legal notice dated May 29, a copy of which is available with Dawn.com, claimed that the ex-pacer made “baseless” and “unethical” comments regarding Niaz. On May 25, Akhtar appeared on a show on a private news channel where he said that Niaz “used to carry our bags” and “he was kept for that purpose”, the notice stated. “Your [Akhtar’s] comment/remark was not only factually incorrect,…
The International Cricket Council (ICC) on Monday announced dates and venues for the 2025 Women’s Cricket World Cup, with Pakistan set to play its matches in Sri Lanka. A press release issued today said the 13th edition of the eight-member tournament would run from September 30 to November 2. The five stadiums being used include India’s Chinnaswamy Stadium (Bengaluru), ACA Stadium (Guwahati), Holkar Stadium (Indore) and ACA-VDCA Stadium (Visakhapatnam), and Sri Lanka’s R Premadasa Stadium (Colombo). India will host the World Cup after 12 years and play against Bangladesh in the opening match in Bengaluru. The venues for the knockouts…
Australia all-rounder Glenn Maxwell has retired from one-day internationals to focus on next year’s T20 World Cup, the country’s cricket board said on Monday. Maxwell took the decision to prioritise his preparation for the T20 World Cup, to be held in India and Sri Lanka, and his commitment to franchise leagues, Cricket Australia (CA) said in a statement. “I think back to right at the start I was picked ahead of my time and out of the blue. I was just proud just to be playing a couple of games for Australia. I thought I was just going to have…
A Social Security Administration office in Washington, D.C., March 26, 2025.Saul Loeb | Afp | Getty ImagesA new Social Security Administration policy will require nearly 2 million additional beneficiaries to visit the agency’s offices each year to change their direct deposit information, according to agency estimates.That’s often not a quick trip: Nearly one-quarter of seniors live more than an hour away from their local Social Security field office, according to a new analysis from the Center on Budget and Policy Priorities. Meanwhile, half of seniors need to drive for at least 33 minutes without traffic to get to their Social…
French authorities detained 79 people in the second such wave of arrests during celebrations following Paris Saint-Germain’s Champions League win, a police chief said on Monday. The PSG thrashed Inter Milan by a record 5-0 in Saturday evening’s final in Munich, flying back to Paris on Sunday for a triumphal parade along the Champs-Élysées, then celebrations in a packed Parc des Princes stadium on the edge of the French capital. The PSG winning the biggest prize in European club football for the first time sparked delirious festivities in France, but was marred by violence. On Sunday, “we saw a resurgence…
Vera Livchak | Moment | Getty ImagesAs the Senate debates President Donald Trump’s multi-trillion-dollar tax and spending package, there could be changes to the child tax credit, policy experts say.If enacted as drafted, the House-approved bill would make permanent the maximum $2,000 credit passed via Trump’s 2017 tax cuts — which could otherwise revert to $1,000 after 2025 without action from Congress.The highest credit would also rise to $2,500 from 2025 to 2028. After that, the credit’s top value would revert to $2,000 and be indexed for inflation.But the Senate could have different plans, and negotiations will be “really interesting to…