House passes resolution to remove Ilhan Omar from Foreign Affairs Committee

CNN — The Republican-led House of Representatives voted on Thursday to pass a resolution to remove Democratic Rep. Ilhan Omar from the powerful House Foreign Affairs Committee. House Republicans have argued that Omar should not serve on the committee in light of past statements she has made related to Israel that in some cases have … Read more

ECB and Bank of England hike interest rates again in fight with inflation

London CNN — Europe’s two largest central banks raised interest rates sharply on Thursday, opting for bigger increases than the US Federal Reserve as inflation in the region remains near historically high levels. The European Central Bank (ECB) and the Bank of England lifted rates by another half a percentage point. Benchmark interest rates for … Read more

Winter ice storm: The deadly weather crippling much of the South leaves more than 300,000 Texans without power in the frigid cold

CNN — Treacherous road conditions are now linked to three deaths in Texas as a wave of ice and sleet continues to hammer parts of the southern and central US into the overnight hours. A 49-year-old woman was killed this week when she lost control of her truck on an icy road north of Eldorado, … Read more

McCarthy hopeful after first meeting with Biden on debt limit: ‘I think that at the end of the day, we can find common ground’

CNN — House Speaker Kevin McCarthy did not walk away from his highly anticipated White House meeting on Wednesday with an agreement in hand to address the debt limit, but signaled optimism that both he and President Joe Biden can reach consensus “long before” the United States reaches default . McCarthy and the president exchanged … Read more

Biden proposes ‘junk fee’ bill to cut hidden fees for credit cards and concert tickets

CNN — President Joe Biden announced new progress Wednesday on his administration’s “competition agenda,” specifically taking aim at junk fees while calling on Congress to pass legislation targeting hidden fees across multiple industries. These costs can “drain hundreds of dollars a year from the pockets of hardworking American families, especially folks who are already struggling … Read more

The FBI finds no classified documents at Biden’s Delaware vacation home

CNN — The FBI completed a search of President Joe Biden’s Rehoboth Beach, Delaware, home and no documents with classified markings were found, Biden’s personal attorney said Wednesday. Bob Bauer, Biden’s attorney, did say the FBI took with them handwritten notes and some materials for further review. The search took three and a half hours. … Read more

Premarket stocks: Will the Fed end the 2023 market rally?

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Washington CNN — Investors appear to be preparing for another match-up against their favorite sparring partners at … Read more

Why every American has a stake in Biden’s big meeting with McCarthy

CNN — President Joe Biden and House Speaker Kevin McCarthy’s talks on Wednesday are about more than a Washington power game. If the two most important leaders in Washington can’t agree to lift the debt ceiling by the time the Treasury runs out of money to pay its debts, the United States – the world’s … Read more

Hong Kong is criminalizing CBD as a ‘dangerous drug’ alongside heroin

Hong Kong CNN — Two years ago, cannabidiol was booming in Hong Kong. The compound, known as CBD, was popping up in cafes, restaurants and stores, with businesses eager to join an exciting new market already well-established in countries around the world. That all came to an end on Wednesday, when CBD was criminalized in … Read more

EzriCare eye drops: CDC advises against use as it investigates dozens of infections and one death in 11 states

CNN — The US Centers for Disease Control and Prevention is urging health care providers and consumers to stop using EzriCare Artificial Tears as it conducts an investigation into at least 50 infections in 11 states that have led to instances of permanent vision loss, hospitalization and one death. Most of the people with these … Read more