By Mark Tapscott America has never before seen a year like 2021 in the House of Representatives, and not only because of the Jan. 6 incident. Early in February, Republicans warned Democrats that dire consequences would follow their unprecedented decision to remove newly elected Rep. Marjorie Taylor Greene (R-Ga.) from two committee assignments as punishment for […]
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Fed Juggles Two Swords: Growth and Inflation
By Andrew Moran The U.S. economy has been cushioned with trillions of dollars in stimulus and relief. With inflation becoming the dominant trend over the last year, the Federal Reserve is beginning to wind down its pandemic-era tools. But can the economic recovery be sustained without these mechanisms? The Bureau of Labor Statistics reported that the U.S. annual inflation rate […]
DeSantis Proposes $8 Million in Budget to Relocate Illegal Immigrants to Delaware, Martha’s Vineyard
By Allen Zhong Florida Gov. Ron DeSantis set $8 million in his 2022–23 budget to transport illegal immigrants out of The Sunshine State. He proposed the spending in the Freedom First Budget (pdf) to protect against harms resulting from illegal immigration. The spending may include the transportation of unauthorized aliens located within Florida to other states or […]
‘Officer Down’: Small Towns Shocked by Surge in Ambush Cop Killings
By Steven Kovac DOYLINE, La.—“Crinkle-cut fries are better than curly fries.” And with that, Officer Billy Collins got the last word in on a long-running household controversy. The joke was the last thing 17-year-old Danielle Collins heard from her father as she left the house to pick up the family’s dinner. A far different domestic […]
US Coal Stockpiles Hit Record Low
By Nathan Worcester U.S. coal stockpiles dipped to just 80 million tons in September, the lowest monthly total since the Energy Information Administration (EIA) began tracking such information in 2001. U.S. coal stocks fell 4.8 percent over the course of the previous month, according to the EIA. The record-breaking low came as a national and global energy crunch has driven […]
Gasoline Prices Edge Down by a Penny While Oil Drops $15 Over Past Month
By Tom Ozimek Oil has plunged around $15 a barrel over the past month but gasoline prices have inched down by just a penny in the same span, with persistently high costs at the pump frustrating both inflation-weary drivers and the White House, which again raised concerns about potential price gouging. Data from the American […]
US Stock Futures, Oil Rebound as Investors Buy Omicron Dip
By Tom Ozimek U.S. stock futures and crude oil prices led a market rebound on Nov. 29 following sharp selloffs in risk assets on Black Friday triggered by Omicron-related headlines, with investor mood seeming more upbeat after top financial firms over the weekend urged no portfolio adjustments in the wake of news of the COVID-19 variant. […]
Fauci hit by Cruz missile in war of words over ‘science’
By Daniel Chaitin, Deputy News Editor Sen. Ted Cruz fired back at Dr. Anthony Fauci in a cocktail of words mixing science, politics, and COVID-19. The Texas Republican sent a sharply worded tweet thread in response to Fauci, President Joe Biden’s chief medical adviser, who condemned GOP senators for “dangerous” rhetoric aimed at him and, by extension, science. […]
Florida Reports Lowest Daily COVID-19 Cases per Capita in US
By Jack Phillips Florida is now tied for the lowest daily COVID-19 cases per capita in the United States. A Nov. 26 update shows the Sunshine State reported a daily average of 1,393 CCP (Chinese Communist Party) cases as of Friday, or about six cases per 100,000 people. That represents a five percent decrease over the past two weeks, data from the […]
Oil Prices Drop to 2-month Lows as New COVID-19 Variant Puts Markets on Edge
By Tom Ozimek Oil prices plunged more than 5 percent in early trading on Nov. 26, hitting a two-month low as the emergence of a new COVID-19 variant spooked investors, driving down risk assets like stocks and pushing up havens like gold and bonds. Brent crude, the global benchmark, fell 5.8 percent to $77.49 a barrel by 6:43 am New York time, […]
Anti-Police, Prison Rhetoric Unpopular With Biden, Democrat Lawmakers
By Joseph Lord Since the death of George Floyd during the summer of 2020, progressives have pushed for sweeping new changes to policing in the United States, spawning movements like “Defund the Police.” But these movements are far from popular, and President Joe Biden and a wide range of Democratic lawmakers have rejected the rhetoric […]
Manchin Asks Biden to Restart Keystone XL Pipeline
By Joseph Lord Sen. Joe Manchin (D-W.Va.) is asking President Joe Biden to restart construction of the Keystone XL pipeline as gas prices continue to skyrocket across the country. Gas prices have risen steadily since Biden took office, when he made a slew of changes to America’s energy policies, breaking with the policies of President Donald Trump […]