Joni Ernst (left) and Marsha Blackburn (right). Photos: Alex Wong via Getty Images

Senate Republicans announced on Thursday that Sens. Joni Ernst (R-Iowa) and Marsha Blackburn (R-Tenn.) will be added to the Judiciary Committee for the 116th Congress.

Why it matters: There were previously no Republican women serving on the committee. This became a source of controversy during the confirmation hearings for now-Supreme Court Justice Brett Kavanaugh, when Republicans were forced to hire a female prosecutor to question Christine Blasey Ford, who had accused Kavanaugh of sexually assaulting her as a teenager.

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Dan Primack, author of Pro Rata
7 mins ago - Economy & Business

Leon Black says he "made a terrible mistake" doing business with Jeffrey Epstein

Photo illustration: Sarah Grillo/Axios. Photo: Rick Friedman/Corbis/Getty Images

Apollo Global Management CEO Leon Black on Wednesday said during an earnings call that he made a "terrible mistake" by employing Jeffrey Epstein to work on personal financial and philanthropic services.

Why it matters: Apollo is one of the world's largest private equity firms, and already has lost at least one major client over Black's involvement with Epstein.

1 hour ago - World

Jeremy Corbyn suspended by U.K. Labour Party over anti-Semitism report

Photo: Christopher Furlong/Getty Images

The U.K. Labour Party has suspended its former leader, Jeremy Corbyn, after a watchdog report found that the party failed to properly take action against allegations of anti-Semitism during his time in charge.

Why it matters: It represents a strong break by Keir Starmer, Labour's current leader, from the Corbyn era and one of the party's most persistent scandals.

U.S. economy sees record growth in third quarter

The U.S. economy grew at a 33.1% annualized pace in the third quarter, the Commerce Department said on Thursday.

The state of play: The record growth follows easing of the coronavirus-driven lockdowns that pushed the economy to the worst-ever contraction — but GDP still remains well below its pre-pandemic level.