By Bryan Jung Home prices hit a record high again in May, amid a worsening supply shortage in the housing market. The sharp jump in mortgage interest rates in last year caused an overheated housing market to slow down, but the slump did not last long. The cost for a home, which has been rising […]
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Posted inBusiness
Mark Zuckerberg’s Threads App Sees Exodus of Users
By Jack Phillips Meta CEO Mark Zuckerberg’s Instagram Threads, which some say could rival Elon Musk’s Twitter, has seen a drop-off in users and engagements in recent days after a relatively strong showing in early July, according to analytics companies. “The Threads launch really did ‘break the internet,’ or at least the Sensor Tower models,” […]
Posted inNational News
Biden Official a No-Show for Hearing on $200 Billion in Pandemic Relief Fraud
By Mark Tapscott Small Business Administration (SBA) Administrator Isabella Guzman declined to testify at the July 13 House Small Business Committee hearing seeking to understand why her staff found $160 billion less waste and fraud in $1.2 trillion in federal pandemic spending than did the agency’s internal watchdog. Rep. Roger Williams (R-Texas), the House panel’s chairman, said […]
Posted inNational News
Lawmaker Raises Concerns Over FEMA’s Role in Facilitating Illegal Immigration
By Savannah Hulsey Pointer Rep. Anthony D’Esposito (R-N.Y.) questioned a Federal Emergency Management Agency (FEMA) official on the body’s participation in helping the United States cope with the crisis of illegal immigration. In a Subcommittee on Emergency Management and Technology hearing entitled “The Future of FEMA: Agency Perspectives with Administrator Criswell,” held on July 13, […]
Posted inNational News
DOJ Quietly Removes Child Sex Trafficking Information From Its Website
By Lorenz Duchamps The Department of Justice (DOJ) has quietly taken down a series of sections from its website related to both domestic and international child sex trafficking, including a portion that offers information about U.S. minors being “recruited and exploited” into the commercial sex industry. According to an archived version of the website, the agency previously provided detailed […]
Posted inNational News
More Than 100 Million Americans Under Heatwave Alerts as Scorching Weather Set to Intensify
By Katabella Roberts More than 100 million Americans are under heatwave alerts across the south and southwest as experts warn temperatures in some areas are set to soar further in the coming days, possibly reaching triple digits. In a July 12 bulletin, the National Weather Service (NWS) issued excessive heat advisories and warnings for areas […]
Posted inNational News
Election Watchdog Sues to Stop Acceptance of Ballots After Election Day
By Matthew Vadum An election integrity group is suing North Dakota to block its law that allows the state to accept and count mail-in ballots so long as they arrive within 13 days after Election Day. There are reportedly 18 states, plus the District of Columbia, that accept mailed ballots that are delivered after Election […]
Posted inBusiness
Dylan Mulvaney Leaves Country While Former Anheuser-Busch Executive Slams Company CEO
By Naveen Athrappully Transgender activist Dylan Mulvaney has left the United States alleging safety concerns for an undisclosed period of time while the Bud Light boycott continues amid sharp criticism regarding the CEO’s decision following the public backlash. Mr. Mulvaney was in Peru, according to a recent social media post. “The people here are so […]
Posted inEconomy
US Annual Inflation Slows to Lowest Level Since March 2021
By Andrew Moran The U.S. annual inflation rate slowed to 3 percent in June, down from 4 percent in May, according to the Bureau of Labor Statistics (BLS). This came in below the consensus estimate of 3.1 percent. Annualized inflation has now fallen for 12 consecutive months and represented the lowest reading since March 2021. The […]
Posted inNational News
Biden Declares State of Emergency in Vermont as Floods Sweep Northeast
By Lorenz Duchamps President Joe Biden declared a state of emergency in Vermont on Tuesday after heavy rain drenched parts of the Northeast, triggering evacuations and causing tens of millions of dollars in damage. Mr. Biden, currently at the annual NATO summit in Lithuania, has ordered the Federal Emergency Management Agency (FEMA) to help coordinate disaster relief […]
Posted inNational News
Trump Lawyers Ask Federal Judge to Delay Classified Documents Trial Scheduled for December
By Katabella Roberts Attorneys for former President Donald Trump have asked a Florida federal judge to postpone the upcoming trial over Mr. Trump’s alleged mishandling of classified documents, citing the Biden administration’s “unrealistic” schedule and the “unprecedented” nature of the case. A federal grand jury in Miami indicted Mr. Trump in June on 37 felony charges, including […]
Posted inEconomy
Mortgage Rates Soar to Highest Level for the Year
By Bryan Jung U.S. home mortgage rates soared towards 7 percent this week, pushing away many potential home buyers as affordability pressures for some pushed home ownership further out of reach. The average rate on the popular 30-year fixed mortgage hit 7.22 percent on July 6, reaching its highest point since November, according data published by to Mortgage […]
