By Andrew Moran Former President Donald Trump has proposed a 10 percent temporary cap on credit card interest rates, which have spiked in recent years. According to LendingTree data, the average interest rate on new credit card offers is nearly 25 percent. Other cards carry higher rates, such as retail credit cards that charge holders […]
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Posted inNational News
Former RFK Jr. Staff Launch ‘Make America Healthy Again’ PAC to Bolster Support for Trump
By Jeff Louderback Intent on helping Robert F. Kennedy Jr. “get a seat at the table at the White House,” a new political action committee that debuted earlier this week urges supporters of the independent presidential candidate to vote for former President Donald Trump. Make America Healthy Again (MAHA) was founded by a dozen former […]
Posted inBusiness
Amid Public, Shareholder Backlash, Some Major Corporations Drop DEI Policies
By Kevin Stocklin As Ford took steps last week to distance itself from the “diversity, equity, and inclusion” (DEI) movement that has swept the corporate world in recent years, it became just one of a number of companies that are rethinking their commitments to race-based ideology. In an Aug. 28 memo to employees, Ford CEO Jim […]
Posted inNational News
Special Counsel Smith Files Revised Indictment in Trump Federal Election Case
By Sam Dorman Special counsel Jack Smith filed an updated indictment against former President Donald Trump in Washington on Aug. 27 following the Supreme Court’s ruling that he enjoyed some presidential immunity from criminal prosecution. “Today, a federal grand jury in the District of Columbia returned a superseding indictment, charging the defendant with the same […]
Posted inEconomy
Revision of Job Numbers Sparks Mixed Assessment on US Economy, Labor Market
By Andrew Moran The Bureau of Labor Statistics (BLS) overestimated job growth by 1.1 million over the past year, sparking a debate about the health of the U.S. labor market and the broader economic landscape. As part of its annual benchmark revisions, the Department of Labor revised employment growth down by 818,000 from April 2023 […]
Posted inNational News
RFK Jr. Refutes Report That He Approached Harris for a Cabinet Position
By Jeff Louderback Independent presidential candidate Robert F. Kennedy Jr. refuted a Washington Post report from earlier this week that said he would drop out of the race and endorse Vice President Kamala Harris in exchange for a cabinet position if she wins in November. During an Aug. 15 Latino Town Hall on TikTok, he […]
Posted inNational News
As Gas Tax Revenues Slow, States Urged to Open Throttle on New Ways to Pay for Roads
By John Haughey LOUISVILLE, Kentucky—State Motor Fuel Tax (MFT) revenues are flat and even declining in some states because automobiles are increasingly more fuel-efficient, ensuring the trend will continue even without electric vehicles (EVs) dominating roadways, transportation funding analysts warn. “Until we start using flying cars” new ways to pay for roads are needed, CDM […]
Posted inEconomy
US Household Debt Surges to Record $17.8 Trillion
By Andrew Moran U.S. households took on more debt in the second quarter, but overall delinquency rates stabilized from the previous three-month period, suggesting that consumers could still prop up the national economy, according to the Federal Reserve Bank of New York. The New York Fed’s latest report—a quarterly assessment of household debt and credit […]
Posted inNational News
Arizona’s Abe Hamadeh Beats Blake Masters in GOP Primary
By Nathan Worcester A fraternal battle among Arizona Republicans has ended: Abe Hamadeh has defeated Blake Masters in the primary for the GOP-friendly Eighth District. “They underestimated me because they underestimate the American people. We are stronger than they can ever even imagine,” Hamadeh wrote on X on July 31. “Congratulations to Abe Hamadeh. It’s […]
Posted inNational News
Trump, Netanyahu Meet for the First Time in Nearly 4 Years
By Jack Phillips Former President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu at his Mar-a-Lago residence on Friday, the first time the pair have met since the former president left office in January 2021. “If we win, it’ll be very simple. It’s all going to work out and very quickly,” former President Trump […]
Posted inNational News
Key Takeaways From Secret Service Chief’s Testimony on Trump Shooting
By Samantha Flom and Arjun Singh WASHINGTON—The House Oversight Committee kicked off its investigation of the attempted assassination of former President Donald Trump on July 22 by demanding answers from Secret Service Director Kimberly Cheatle. Ms. Cheatle declined to provide the committee with some key details as to how suspected shooter Thomas Matthew Crooks, 20, […]
Posted inWorld
Global IT Outage Grounds Flights, Disrupts Banking, Takes Media Off Air
By Guy Birchall, Emel Akan and Jack Phillips What we know about the outages. A massive internet outage on July 19 caused IT issues for major global institutions, grounding flights, disrupting banks’ apps, knocking media outlets off the air, and even affecting supermarkets’ computer systems. The issue was caused by a defect in a Windows […]
