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At yesterday's House Rules Committee hearing, Rep. Gregory Meeks (D-NY) expressed his disapproval for the Israel Security Assistance Support Act.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com

Meeks Accuses GOP Of 'Cynical' Approach To Rafah Over Bill Disapproving Biden's Weapons Holdup

⏲ 11:53 👁 7.3M

Stock Markets Rally , Amid Investor Hopes for , Interest Rate Cuts in 2024.<br/>On the morning of May 15, both the S&P and the <br/>Nasdaq hit all-time highs after new data suggested <br/>inflation may be easing in line with expectations.<br/>Quartz reports that the Dow Jones Industrial Average <br/>is also inching toward the record-breaking <br/>40,000 mark, which it almost hit in March. .<br/>According to the latest Bureau of Labor <br/>Statistics data, April saw the Consumer Price <br/>Index, a key gauge of inflation, rise by 3.4%.<br/>At the same time, consumer prices <br/>increased by 0.3%, slowing slightly <br/>from March's 0.4% increase.<br/>The latest data also shows that core prices, <br/>which don't include food and energy, saw the lowest <br/>increase since April of 2021, rising just 3.6%. .<br/>As a result, investors have a sense of <br/>renewed hope that the Federal Reserve will <br/>begin to cut interest rates at some point in 2024.<br/>The latest inflation data was released one day <br/>after the Producer Price Index, which <br/>measures wholesale inflation, increased 0.5%. .<br/>Over the past year, the <br/>index has increased 2.2%.<br/>Shortly after markets opened, the Dow <br/>jumped up 147 points, hitting 39,705, while the <br/>S&P 500 and the Nasdaq saw 0.5% increases.<br/>Shares in GameStop were down 30% after <br/>experiencing a boost earlier this week by <br/>the online return of investor \

Stock Markets Rally Amid Investor Hopes for Interest Rate Cuts in 2024

⏲ 1:30 👁 1.3M

Home Prices Dip , as Homebuyers Show , Dwindling Interest.<br/>'Newsweek' reports that home sellers <br/>have started to cut prices in an effort <br/>to attract buyers amid lagging demand.<br/>According to a recent analysis by Zillow, <br/>price reductions increased by more than 22%, <br/>reaching the highest rate in the last six years.<br/>Zillow suggests that the price cuts <br/>could indicate dwindling demand.<br/>Price cuts can be a sign <br/>of weakening demand <br/>that foretells softer <br/>price growth ahead, Skylar Olsen, chief economist of Zillow, via 'Newsweek'.<br/>Potential homebuyers may start to see <br/>a market with more options, with the <br/>supply of homes jumping 6.4% in April. .<br/>On an annual basis, the supply of <br/>properties on the market skyrocketed 18%.<br/>According to Skylar Olsen, the chief economist <br/>of Zillow, this represents the \

Home Prices Dip as Homebuyers Show Dwindling Interest

⏲ 1:30 👁 505K

A man has been charged after allegedly smashing windows and threatening residents in three homes at Port Macquarie.

Man arrested for home invasion in Port Macquarie | May 17, 2024 | Port Macquarie News

⏲ 0:52 👁 8.3M

The Upper House on Friday afternoon debated two changes to the Amendment of Justice Act which deals with Indictable Proceedings. The Attorney Generalsaid the completion of one case in six months sets the benchmark for what can be expected. One Independent Senator asked if this is the rule or the exception.<br/><br/><br/>More fromUrvashi Tiwari Roopnarine.

AMENDMENTS TO ADMIN OF JUSTICE ACT

⏲ 4:29 👁 185K

GameStop and AMC shares surged again on Tuesday in a resurgence of the short squeeze phenomenon. GameStop jumped over 50%, and AMC was up nearly 60% in premarket trading. The rally was turbocharged by the return of Keith Gill, known as \

GameStop and AMC Shares Soar as 'Roaring Kitty' Spurs Trade with Social Media Post

⏲ 0:33 👁 230K

Jamie Dimon, the CEO of JPMorgan Chase & Co, has voiced concerns about the persistent inflationary pressures in the U.S. economy. He suggests that these pressures may lead to a prolonged period of higher interest rates than what investors anticipate.

JPMorgan's Jamie Dimon Warns Of 'A Lot Of Inflationary Forces' Ahead, Predicts Higher Interest Rates

⏲ 1:1 👁 715K

Three senior A-League footballers have been charged over an alleged betting corruption scandal. ABC grandstand's Ned Hall says these developments are damaging to the league.

Three A-League players charged over alleged betting corruption

⏲ 4:46 👁 1.8M

On May 17, 1974, NASA launched the first Synchronous Meteorological Satellite, SMS-1.<br/><br/>This was the first satellite designed to monitor meteorological conditions from a geostationary orbit. This kind of orbit allowed it to stay above a fixed location as Earth rotates. One of the instruments on this spacecraft was a visible infrared spin-scan radiometer (VISSR), which provided high-quality cloudcover data 24 hours a day. It also carried a data collection and transmission system that allowed it to relay data from central weather facilities to smaller regional stations. Another device known as a space environmental monitor measured the charged particles in Earth’s radiation belts and the solar wind. The satellite was shaped like a cylinder and measured about 7.5 feet long, not including a 33-inch magnetometer that stuck out of one end. It launched from Cape Canaveral on a Delta rocket and remained operational for about 7 years. It was replaced by the National Oceanic and Atmospheric Administration’s new GOES satellite, which was almost identical.

OTD In Space – May 17: NASA Launches 1st Synchronous Meteorological Satellite

⏲ 1:11 👁 145K

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