News Updates
More Gen Z workers choose trades over grades
The trade industries seem to be making a dramatic comeback, mostly thanks to Generation Z. A report from The Wall Street Journal shows fairly dramatic increases for vocational training programs
Speaker Johnson releases details of foreign aid plan
House Speaker Mike Johnson has released three foreign aid spending bills concerning Ukraine, Israel, and the Indo-Pacific. This comes after House Republicans didn’t want to approve the $95 billion omnibus
Ultimate sleepovers: Home co-ownership between friends, family increases
It’s no secret that home prices have been concerningly high as of late. The sticker shock has many Americans doing something a little different – buying a property with a
Biden’s student debt plans challenged in court
President Joe Biden’s most recent student debt actions are under fire as Republicans say he’s refusing to follow the law. Kansas and 10 other states are suing the president over his student debt bailout. They say nothing has changed since the Supreme Court last ruled against the president’s student debt
Visa, Mastercard settle decades-old swipe fees battle
Visa and Mastercard are settling a lengthy legal battle with U.S. merchants over swipe fees. In the landmark five-year deal, the companies agreed to cut and cap credit card processing fees charged to merchants on every swipe. Those fees are frequently passed on to consumers. Visa says the lawsuit makes
Biden signs $1.2 trillion government funding bill
On Saturday, President Joe Biden signed a $1.2 trillion spending package, funding multiple government agencies through the end of the fiscal year. The measure, which is the second of two funding packages, passed the Senate earlier that morning after passing the House the day before. With its passage, Congress narrowly
New York appeals court lowers Trump’s civil fraud bond to $175 million
Donald Trump saw a massive win earlier today. State authorities were threatening to seize the former president’s assets as early as today if he couldn’t pay the nearly half a billion dollars of his civil fraud fines. But a New York appeals court earlier today paused the clock, giving Trump
Conservatives refresh nation’s memory on Biden’s Afghanistan debacle
The average American’s taste for news is a fickle thing. The new quickly becomes old and memories are soon wiped with replacement stories. From a political standpoint, harping far too long on any topic, even when one has the moral and pragmatic upper hand, can quickly exhaust an audience. Laser
U.S. companies’ stock purchases via buybacks, M&A to hit 6-year high in 2024, Goldman says
U.S. companies’ purchases of domestic equities through more stock buybacks and corporate acquisitions will hit a six-year high of $625 billion this year, about as much as mutual funds and pension houses will offload, Goldman Sachs said. “A surge in share buybacks and continued growth in cash mergers and acquisitions
CBO issues concerning report on federal debt
The Congressional Budget Office made a dismal projection yesterday, saying the federal debt will grow to 107% of the country’s GDP by 2029. Additionally, by 2053 it says the debt will grow to a whopping 166% of the nation’s GDP. The report says this could lead to “an increase in
Netanyahu meets with Senate Republicans
Israeli Prime Minister Benjamin Netanyahu spoke virtually to Senate Republicans today concerning Israel’s fight against Hamas. The GOP’s invitation comes as there have been growing tensions between President Joe Biden and Netanyahu over Israel’s current plans for a ground invasion in Rafah, which the prime minister addressed yesterday in a
Congress strikes breakthrough in DHS funding deal
Congressional leaders have struck a funding deal for the Department of Homeland Security, even amid bitter divisions over the border crisis. The deal is set to fund the department for the rest of the fiscal year. Speaker Mike Johnson (R-La.) and Senate Majority Leader Chuck Schumer (D-N.Y.) said they hope
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