Jordan Financial News

Donald Trump is officially backing Rep. Jim Jordan of Ohio, the pugnacious House Judiciary Committee chairman and longtime Trump defender, to succeed Kevin McCarthy as House speaker. «Congressman Jim Jordan has been a STAR long before making his very successful journey to Washington, D.C., representing Ohio's 4th Congressional District,» Trump wrote on his Truth Social site shortly after midnight Friday.

By David Morgan

WASHINGTON (Reuters) -Former U.S. House Speaker Kevin McCarthy said on Thursday he will finish his term and run for re-election, CBS News reported after media reports suggested the Republican would resign from Congress before the end of his term.

Former President Donald Trump is emerging as a wild card in the race for the next speaker of the House, potentially tipping the balance as the party tries to unite behind a candidate and avoid another grueling fight. Early Friday morning, Trump weighed in with his endorsement, backing Rep. Jim Jordan (R., Ohio) to succeed former Speaker Kevin McCarthy, after the California Republican was ousted earlier this week.

(Reuters) — Former U.S. President Donald Trump said on Friday he is endorsing Jim Jordan to replace ousted U.S. House Speaker Kevin McCarthy.

World Bank expects Saudi Arabia's economy to contract by 0.9% in 2023, it said in a report on Thursday, revising its growth forecast for the world's top oil exporter sharply lower on the back of production cuts and lower prices. Overall growth in the Middle East and North Africa (MENA) region is also expected to slow, now forecast at 1.9% in 2023, down from 6% last year and lower than the 3% the World Bank forecast in April. Saudi Arabia, the Arab world's largest economy, has cut its oil production in a preemptive move it says is intended to stabilise the oil market. Oil prices remain below last year's average of $100 a barrel. The Saudi government expects GDP growth to slow to 0.03% in 2023, from 8.7% last year, according to revised forecasts released by the finance ministry last week, narrowly avoiding a contraction. The World Bank's latest economic update, released on Thursday, attributed the «abrupt decrease» in Saudi economic activity to «lower oil production levels amidst subdued prices.» It had forecast Saudi GDP growth at 2.9% in 2023 in its April update. Growth for the six-member Gulf Cooperation Council (GCC) of oil and gas exporters is expected to decelerate to 1% in 2023, down from 7.3% last year, and sharply below the 3.2% forecast in the World Bank's April update.

(Reuters) — U.S. stock index futures fell on Thursday as investors awaited more data to gauge the strength of the labor market, while elevated Treasury yields still pointed to worries about high interest rates for a prolonged period.

By David Morgan, Moira Warburton and Makini Brice

With former FTX boss Sam Bankman Fried's (SBF)’s first day in court fast approaching, experts say his paths to acquittal are looking quite scant. 

PwC paid for senior tax officer Jeremy Hirschhorn to fly to Paris to address the big four firm’s two-day global tax conference for clients and partners – at the height of the tax leaks scandal.

Collingwood have claimed a record-equalling 16th premiership with a thrilling four-point win over the Brisbane Lions in the AFL grand final.

Also Read: Google Doodle Celebrates 220th Birthday of Deaf French Educator Ferdinand Berthier; here's all you need to know The Ain Ghazal figures depict men, women, and children with intricate human features such as almond-shaped eyes, prominent noses, and realistic legs, toes, and toenails.

Also Read: US agency files lawsuit against Tesla over alleged harassment of Black factory workers The sportswear maker also forecast a 100 basis point increase in second-quarter gross margins, following six consecutive quarters of declines, on the back of fewer planned markdowns and lower freight costs. The company maintained its annual forecasts and said it expected second-quarter revenue to be up slightly. Analysts had expected a 2.1% rise to $13.59 billion, according to LSEG data.

Team India has won 24 medals so far; 13 in shooting, five in rowing, three in sailing and one each for cricket, equestrian and wushu. The Indian stars participating in their individual sports include PV Sindhu and Nikhat Zareen, a two-time world champion.

DGI9 has been grappling with funding problems in recent months, with growing concern among shareholders over the trust’s overstretched balance sheet.

air pollution may be linked to an increased risk of stroke, according to a study. The meta analysis, published recently in the the journal Neurology, defined short-term exposure as occurring within five days of the stroke. A stroke can cause lasting brain damage, long-term disability, or even death.

Jordan Rainer, a 33-year-old hailing from Atoka and now residing in Nashville, made quite the impression during the season 24 premiere of NBC's «The Voice.» Her stunning rendition of Reba McEntire's classic hit, «Fancy,» earned her a four-chair turn and applause from the judges. Dressed in a striking all-black outfit, complete with a wide-brim hat and stylish circular sunglasses, Rainer strummed her acoustic guitar and delivered a captivating performance of McEntire's iconic country song. Her powerful vocals resonated with the lyrics, «She said, 'here's your one chance, Fancy, don't let me down,» drawing the attention of all four coaches: Reba McEntire, Niall Horan, Gwen Stefani, and John Legend. Reba McEntire, the original singer of the song, was the first to turn her chair, followed by Horan, Stefani, and Legend. Rainer's choice of performing «Fancy» held personal significance for her, as she explained, «It's because it's the best and honestly, it was written by a strong woman.» She continued to recall that it was made famous by a strong woman. And it represents lyrically what women do to survive. She added that she is a woman who has done what She had to do to survive, and so she feels that song in every bone in her body. After receiving a standing ovation, the judges praised her exceptional audition. Horan admitted the performance gave him «goosebumps,» while Stefani acknowledged the courage it took to sing a McEntire song in front of «the queen» herself. Stefani expressed her eagerness to work with Rainer, emphasizing her dedication to helping her grow and succeed on the show. In conclusion, she remarked, «Honestly, I would love to work with you. You're very gifted.»

Lionel Messi join Inter Miami when they take on Houston Dynamo on Wednesday, 27 September at DRV PNK Stadium in the US Open Cup final? This question was raised after Inter Miami drew the Sunday match 1-1 against Orlando. Miami stars Lionel Messi and Jordan Alba did not play in that match which Orlando dominated. It is believed that Miami head coach Gerardo 'Tata' Martino decided not to risk his star players just three days before the final.

In a move set to bolster its foothold in the West, NFP announced the acquisition of Divergent Wealth Advisors, LLC, based in South Jordan, Utah. The strategic acquisition expands NFP’s offerings in wealth management and retirement planning.

Just a couple of months ago, emerging-market assets were all the rage as inflation eased and interest rate-cut bets surfaced. The trade has all but fizzled out. 

Zareen stamped her authority in the women's 50kg by registering a dominant 5-0 win over Vietnam's Thi Tam Nguyen while Preeti Pawar (54kg) moved to the quarterfinals of the Asian Games here on Sunday. In a rematch of March's world championship final, Zareen once again defeated two-time Asian Champion Nguyen by unanimous decision to move to the pre-quarters. Putting up a dominating show, talented Indian boxer Preeti notched up a an RSC win over Jordan's Silina Alhasanat. One of only four boxers to not get a first round bye in the 50kg event despite being the reigning world champion, Zareen controlled the proceedings from the word go. In the opening two rounds Zareen landed accurate punches, rattling her opponent. Such was her power that the referee was forced to give Nguyen the eight count twice in 30 seconds in the opening round. Nguyen tried to attack in the second round but Zareen retaliated with strong combination punches, forcing a third eight count upon the Vietnamese boxer. With her work done, Zareen conserved energy in the final three minutes, defending beautifully with the help of her nimble footwork. Zareen will face Chorong Bak of South Korea in the Round of 16 while a tough bout awaits Preeti.