By Kevin Stocklin Billionaire philanthropist and former New York Mayor Michael Bloomberg pledged $500 million in September toward shifting electricity production in the United States to wind and solar energy and shutting down its coal- and gas-fired plants. However, some experts say that Bloomberg’s millions, together with the billions being spent by the Biden administration, […]
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Posted inEconomy
Federal Reserve Leaves Interest Rates Unchanged But Keeps Open Possibility of Future Hikes
By Andrew Moran The Federal Reserve left interest rates unchanged at the November Federal Open Market Committee (FOMC) policy meeting, keeping in line with economists’ expectations. Central bank officials voted to keep the benchmark fed funds rate at a range of 5.25 percent to 5.50 percent. Rate-setting committee members are prepared to adjust monetary policy […]
Posted inNational News
Judge to Consider Delaying Trial in Trump Mar-a-Lago Case
By T.J. Muscaro and Catherine Yang FORT PIERCE, Fla.—U.S. District Judge Aileen Cannon heard arguments from special counsel Jack Smith’s office and attorneys for former President Donald Trump and co-defendants Walt Nauta, his butler, and Carlos De Oliveira, the Mar-a-Lago property manager, about the reviewing of evidence that may affect the case’s schedule. The defendants […]
Posted inNational News
Maine Mass Shooter’s Family Contacted Law Enforcement Months Before Rampage: Sheriff’s Office
By Zachary Stieber Family members of Robert Card contacted local law enforcement about the man in the spring, months before he carried out a mass shooting in Maine, a sheriff said on Oct. 30. Relatives of Mr. Card contacted the Sagadahoc County Sheriff’s Office on May 3, Sheriff Joel Merry said in a statement in […]
Posted inBusiness
Pfizer Reports Billions in Losses as COVID Vaccine Demand Wanes
By Tom Ozimek Pfizer on Tuesday reported a deep revenue slump and billions of dollars in losses as sales of its COVID-19 vaccine and antiviral treatment slowed sharply as many Americans seem to have put the pandemic behind them. Pfizer’s total third-quarter revenues totaled $13.2 billion, a decrease of $9.4 billion, or 42 percent, compared […]
Posted inNational News
NARA Locates 82,000 Pages of Joe Biden Emails Across Three Pseudonym Accounts
By Stephen Katte President Joe Biden sent and received thousands of emails through pseudonym accounts during his eight year tenure as vice president under President Barack Obama. According to an Oct. 30 federal filing in an Atlanta Court, the National Archives and Records Administration (NARA) has identified 82,000 pages worth of private email exchanges across […]
Posted inNational News
Los Angeles Leads Nation in Organized Retail Theft for 5th Straight Year
By Travis Gillmore While Los Angeles is known for designer boutiques and world-class shopping destinations, not everyone enters luxury retailers with the intention of paying, as the city topped the charts for organized criminal retail thefts again in a recently released survey. Revealed in the National Retail Federation’s 2023 Retail Security Survey report, the City […]
Posted inBusiness
Major Automakers Come Clean, Admit Americans Aren’t Buying Electric Vehicles
By Jack Phillips Executives with General Motors, Ford, and Mercedes-Benz this week conceded there is a weakening demand for electric vehicles, with some announcing they would pull back on their own EV targets. “It’s been a challenging situation, for sure,” Ford CEO Jim Farley said Thursday in an earnings call with investors, referring to the […]
Posted inEconomy
Federal Reserve’s Preferred Inflation Gauge Unchanged in September at 3.4 Percent
By Andrew Moran The personal consumption expenditure (PCE) price index—the Federal Reserve’s preferred inflation gauge—was unchanged at an annual rate of 3.4 percent in September, according to the Bureau of Economic Analysis (BEA). Economists had widely anticipated that the PCE would be unchanged. On a monthly basis, the PCE rose 0.4 percent, slightly higher than […]
Posted inNational News
Trump Surges in Polls as Criminal Cases, Third-Party Candidates Cloud 2024 Contest
By Janice Hisle Although former President Donald Trump’s poll performance reached new highs this month, unique uncertainties loom large over the 2024 presidential race. President Trump, the Republican frontrunner, has pulled ahead of his presumed Democrat opponent, President Joe Biden, in most swing states, Emerson College and InteractivePolls recently reported. In these “battleground states,” both major parties […]
Posted inNational News
Hamas, Hezbollah Terrorists Are on US Soil, Waiting for Iran’s Green Light to Attack, House Hearing Told
By Mark Tapscott U.S. Department of Homeland Security (DHS) officials must assume that hundreds of Iranian-funded and -directed terrorist operatives with Hamas, Hezbollah, and similar groups are in the United States and can carry out lethal attacks across this country as soon as Iran gives them the green light, according to witnesses who testified at […]
Posted inEconomy
Retail Credit Card Interest Rates Soar to Record High
By Tom Ozimek Interest rates on retail credit cards have soared to their highest levels on record, according to a new report, which comes towards what seems to be the tail end of a rapid rate-hiking cycle by the Federal Reserve—which warned recently it’s ready to raise rates further if inflation data continue to come […]
