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Former President Donald Trump was facing a $464 million bond in his New York civil fraud case with his properties at risk of being seized if he did not provide the money. On Monday, March 25, a New York state appeals court cut his bond by 68% and gave him until Monday, April 1, to…
The industrial sector in the United States is reportedly responsible for a fourth of the country’s emissions. Now, the Biden administration is spending the largest amount ever on industrial decarbonization projects to fight climate change. The Department of Energy announced it is putting $6 billion in federal funds toward efforts to eliminate up to 14…
Japan raised interest rates for the first time since 2007 from -0.1% to a range of 0%- 0.1%, ending an era of negative interest rates that was initiated years ago to help stimulate its struggling economy. The move came in response to rising inflation and wages. Straight Arrow News contributor Peter Zeihan argues that while…
The U.S. responds to Vladimir Putin’s claims after dozens are killed in a terrorist attack at a Russia concert hall, and—NBC News’ Chuck Todd calls out his own network for a recent hiring during ‘Meet the Press.’ These stories and more highlight The Morning Rundown for Monday, March 25, 2024. Suspects in Russia concert hall…
Over the past two years, concern over global inflation has made news headlines in every developed economy around the world. But the opposite risk — deflation — can also devastate modern economies. Straight Arrow News contributor Peter Zeihan is actually more concerned about deflation than inflation. Zeihan explains that while inflation can be self-regulating, deflation…
The Justice Department announced Thursday, March 21, that it has filed a significant antitrust lawsuit against Apple Inc., accusing the technology behemoth of illegal anti-competitive practices aimed at maintaining its smartphone market monopoly and inflating profits. According to the lawsuit, Apple is alleged to have manipulated application development rules and features of its iPhones —…
Former President Donald Trump’s civil fraud trial in New York City began in October of 2023. Six months later, Trump faces a deadline on Monday, March 25, to pay a $464 million judgement as an appeal continues to play out. New York Attorney General Letitia James brought forth the civil fraud case and Judge Arthur…
Credit card debt in the U.S. hit a record at the end of 2023 while high interest rates continue to push the debt balance even higher this year. The Federal Reserve recently reported U.S. credit card debt reached $1.13 trillion in the fourth quarter of 2023, up $143 billion from the year before. According to…
President Biden attempted to tackle a lot of different subjects in his annual State of the Union address on March 7, but among the most important of them was the state of the U.S. economy. The U.S. economy has achieved record-low unemployment, surprising GDP growth and the lowest inflation rate among all G7 major economies.…
President Biden delivered remarks on a wide range of issues during his annual State of the Union address on Thursday, March 7. One consistent theme in his speech was to celebrate the accomplishments of recent government efforts while also insisting that the government must continue to do more to serve the American people in the…
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