By Jack Phillips Former President Donald Trump’s lawyers made a court filing Monday echoing an argument made by 2020 election lawyer Sidney Powell in a move to dismiss the racketeering count he faces in Georgia. In a court motion, the former president’s lawyer, Steven Sadow, made reference to Mrs. Powell’s arguments (pdf) that her lawyers […]
Search results
Posted inEconomy
Mortgage Application Volume Tumbles to Lowest Levels in Nearly 30 Years as Home Costs Soar
By Bryan Jung The mortgage application volume has fallen to its lowest in nearly 30 years, as monthly mortgage payments hit an all time high. With over 7 percent 30-year mortgage rates over the past few weeks, mortgage payments have jumped to a near-record high, according to the latest data by Redfin. At the same time, home […]
Posted inNational News
House Passes Bill to Prevent Bans on Gas-Powered Vehicles
By Nathan Worcester The House of Representatives on Sept. 14 passed legislation that would prohibit bans or limits on sales of gasoline-powered vehicles. “Electric vehicles will be part of our energy matrix for a long time. … No Republicans deny that, but government is trying to pick what you drive, America,” Rep. Jeff Duncan (R-S.C.) […]
Posted inEconomy
Wholesale Inflation Posts Sharpest Increase in 14 Months
By Andrew Moran Producer prices surged at a hotter-than-expected pace of 0.7 percent in August, the sharpest increase in 14 months, according to the Bureau of Labor Statistics (BLS). This was up from 0.4 percent in July and topped the consensus estimate of 0.4 percent. The producer price index (PPI) advanced to an annualized rate of […]
Posted inNational News
House Republicans Investigate Biden Admin for Selling Off Parts of Trump’s Border Wall
By Tom Ozimek Republicans on the House Oversight Committee are investigating reports that the Biden Administration is selling off materials procured to build President Donald Trump’s signature border wall. In a letter to U.S. Army Corps of Engineers Commanding General Scott Spellmon (pdf), the GOP lawmakers requested documents and information that will facilitate House oversight […]
Posted inNational News
‘Battle for Talent Is Intense’: US Air Force Set to Miss Recruiting Goal by 10 Percent
By Ryan Morgan The U.S. Air Force expects to miss its goal of recruiting new active-duty personnel by about 10 percent when the fiscal year draws to a close at the end of the month. Air Force secretary Frank Kendall has been projecting the 10 percent recruiting shortfall for months and, in a Monday interview with Military.com, said that’s […]
Posted inEconomy
US Annual Inflation Reaccelerates to 3.7 Percent in August as Oil Prices Surge
By Andrew Moran The U.S. annual inflation rate rose to 3.7 percent in August, coming in higher than economists’ expectations of 3.6 percent. This was up from the consumer price index (CPI) reading of 3.2 percent in July. According to the Bureau of Labor Statistics (BLS), the monthly inflation rate jumped 0.6 percent, up from 0.2 […]
Posted inBusiness
Gates, Musk, Zuckerberg Descend on DC for Closed-Door Senate AI Hearing
By Nathan Worcester Bill Gates, Elon Musk, and Mark Zuckerberg are among the big names from Big Tech slated to appear at the Senate’s closed-door AI Insight Forum on Sept. 13. “Both parties recognize that AI is something we can’t ignore, but we need a lot of help understanding the best way forward,” Senate Majority […]
Posted inEconomy
Americans Are Making ‘Huge Mistake’ to Believe Certain ‘Booming’ Economy Narratives: Jamie Dimon
By Tom Ozimek JPMorgan Chase CEO Jamie Dimon told a financial conference in New York on Monday that people who assume that the U.S. economy will continue to boom for years on the back of consumer strength are making “a huge mistake.” Mr. Dimon made the remarks at the Barclays Global Financial Services Conference on […]
Posted inNational News
Trump Files Motion for Judge Tanya Chutkan to Recuse Herself in Federal Case
By Jack Phillips Former President Donald Trump has asked District Judge Tanya Chutkan to recuse herself from a federal election subversion case brought against him by special counsel Jack Smith, according to a court filing submitted on Sept. 11. In the filing (pdf), President Trump pointed to public comments that Judge Chutkan, an Obama appointee, […]
Posted inNational News
America Mourns, Honors Lives Lost on 22nd Anniversary of 9/11 Attacks
By Bill Pan Moments of silence were observed around the United States on Sept. 11 in remembrance of the deadliest terrorist attack on U.S. homeland soil 22 years ago. At the site of New York’s fallen World Trade Center towers, hundreds of people paused in silence as a bell tolled at 8:46 a.m., the time […]
Posted inNational News
JFK Assassination Witness Breaks 60-Year Silence, Refutes Key Claim
By Jack Phillips A witness to the assassination of President John F. Kennedy spoke out for the first time in 60 years and refuted a key claim regarding the 1963 incident and a “magic bullet.” Paul Landis, an 88-year-old former Secret Service agent, was just a few feet away from when President Kennedy was shot […]
