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President-elect Donald Trump is the first person in over 120 years to be elected to two non-consecutive presidential terms. He swept every swing state and made significant gains among Hispanic voters, narrowing Democratic margins in traditionally blue states like Virginia and New Jersey. He won the Electoral College decisively, although the national popular vote margin…
Javier Milei promised pain for the people of Argentina, and they elected him president anyway, with the highest share of votes since Argentina’s return to democracy. One year removed from his resounding victory, are Argentines already running out of patience with Milei? He’s still the most popular political leader in the inflation-ravaged nation, but popularity is…
President-elect Donald Trump appointed Brendan Carr to serve as the next chair of the Federal Communications Commission (FCC). Both Trump and President Joe Biden previously nominated Carr to serve as an FCC commissioner. The Senate unanimously confirmed Carr three times. In a statement, Trump praised Carr’s record. “Commissioner Carr is a warrior for free speech,…
The price of used or pre-owned cars dropped by 6.2% in the first three quarters of 2024. According to Edmunds.com, the average price is now $27,000. This marks a significant change from 2022 when inflation was soaring and the average price of a used car was greater than $30,000. Experts say there’s now an abundant…
The future of artificial intelligence policy in the United States is at a crossroads. President Joe Biden has prioritized safety, transparency and regulation, while President-elect Donald Trump plans to take a more deregulated, innovation-driven approach. Biden’s executive order on AI safety, announced earlier this year, aims to ensure rigorous oversight of AI systems. The plan…
The Biden administration announced a new energy initiative to expand U.S. nuclear capacity to 200 gigawatts by 2050. That’s a 200% increase over 2020 levels, with enough power to meet the electricity needs of up to 170 million homes. The plan includes building new reactors, renewing licenses for older plants, and restarting some retired facilities,…
Annual consumer price inflation in October heated up a hair at 2.6%, bringing concern disinflation may have stagnated too far away from the Federal Reserve’s 2% target. In September, consumer prices rose 2.4% on an annual basis. Bank of America economists said ahead of Wednesday’s report, “Inflation is moving sideways after a period of substantial…
California Gov. Gavin Newsom will spend part of week in DC as he tries to Trump-proof state policies
California Governor Gavin Newsom is meeting with the Biden administration to discuss zero-emission vehicles and disaster relief, which were targeted by President-elect Donald Trump. Newsom called for a special session in December to protect California’s liberal policies from potential changes with Trump’s return to office. Sen.-Elect Adam Schiff stated he will collaborate with Trump on…
A new survey is showing that more and more people are “doom spending”. Doom spending is when you spend money to quiet concerns about things like the economy or the state of the world today. A recent survey by Intuit Credit Karma found 27% of Americans “doom spend” to cope with stress, especially younger Americans.…
Federal Reserve Chair Jerome Powell is standing his ground. In as few words as possible, a defiant Powell made clear he’s not budging from his chair when President-elect Donald Trump is back in office. “No,” is all Powell said when asked a reporter asked if he would resign if Trump asked him to leave. His…
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