News Updates
To avoid shutdown, McCarthy must clear Gaetz-sized hurdle
The threat of a federal government shutdown grows more pressing by the hour as the Oct. 1 deadline Congress faces to pass a spending bill is only 48 hours away.
GOP candidates take stage in chaotic second debate
Seven candidates took the stage last night for the second Republican primary debate. It was a heated and oftentimes chaotic event. Topics ranging from the border to Ukraine. Other hot
U.S. consumer confidence dives to 4-month low
Consumer confidence fell to a four-month low in September amid increased economic anxiety. The Conference Board says its consumer confidence index dropped to 103 this month. That’s the lowest reading
Banking News: Federal Reserve Issues Warnings To Regional Banks
Federal Reserve has issued some “hush” warnings (confidential warnings) to regional banks with assets ranging from $200 billion to $250 billion.
US jobless claims hit lowest level since February; productivity strongest in years
Sept 7 (Reuters) – The number of Americans seeking jobless benefits for the first time fell unexpectedly last week to the lowest level since February, pointing to a U.S. job market that remains relatively tight even as other recent data indicate it has begun to soften. Initial claims for state
Sustained deficit spending pushes national debt higher
Continued deficit spending in the U.S. may cause interest payments to soon outpace national defense spending. U.S. debt is now at a record high of $31.38 trillion dollars. In mid-2022, the interest payments on the debt at that time were just under $600 billion dollars according to the Committee for
Biden pushes ‘Bidenomics,’ bashes Trump in speech
‘Middle-class Joe’ is still bragging about his economic plan despite the number of Americans struggling to make ends meet. Monday’s speech in Philadelphia was, in part, to draw Democratic votes from union workers. President Biden has strong support here, but Trump has gained some inroads with the grassroots labor class.
Congress returning to session with shutdown looming
The Senate returns from its August break this week with the House following the week after. Both chambers are coming back to work with priorities set on funding the government to avoid a shutdown. In the Senate, Majority Leader Chuck Schumer (N.Y.) is placing the possibility of a shutdown square
A Moment in History: The Working Man
For Labor Day, Seth Udinski focuses on the history of the American workforce and how it contributed to the society we know today during an episode-length rendition of A Moment in History.
A Moment in History: Inflation
Most people aren’t too fond of inflation in the American news cycle. The expert definition of inflation is too many dollars chasing too few goods, and we see inflation as a prime cause for a rise in the cost for goods and service. But where did inflation come from? How
Rep. James Comer: ‘Joe Biden most corrupt Vice President in history’
As House Republicans continue their investigation into the Biden family, House Oversight Chair James Comer has come to label Joe Biden the most corrupt vice president in American history. He questions whether he’s now compromised as a president. That comment was spurred on by new revelations that Joe Biden used
Rep. Jordan questions Jack Smith’s ‘impartiality’ after WH meeting
House Judiciary chairman Jim Jordan (R-Ohio) is calling for the White House and DOJ to provide records of interactions between Special Counsel Jack Smith’s team and President Joe Biden’s office. In letters sent to Attorney General Merrick Garland and White House chief of staff Jeff Zients, Jordan said he was
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