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President Joe Biden takes executive action to protect undocumented spouses of U.S. citizens. The Morning Rundown™

Biden administration announces protection for undocumented spouses of US citizens

President Joe Biden takes executive action to protect hundreds of thousands of undocumented spouses of U.S. citizens. And from wildfires to tropical storms to extreme heat, much of the country is under alert for severe weather. These stories and more highlight The Morning Rundown for Tuesday, June 18, 2024. Biden administration announces protection for undocumented spouses of U.S. citizens…

Former President Donald Trump has proposed a 10% tariff on all imported goods and no taxes on tipped income. But experts warn of downsides.

Trump floats more tariffs and eliminating taxes on tips. Here’s the price tag.

The 2024 presidential campaign is in full swing and former President Donald Trump is making headlines with his economic policy proposals. Eliminating taxes on tips is one he introduced while campaigning in Nevada, aiming to gain support from Americans in the service industry who may directly benefit. Another campaign proposal revolves around expanding tariffs on…

Some analysts say global oil demand is a few years away from declining, while others foresee continued fossil fuel investments for decades.

IEA says oil demand set to peak, OPEC sees continued growth for decades

The future of global oil demand is currently a subject of debate, with various experts and industry groups offering differing forecasts. Some analysts suggest that global demand for oil is just a few years away from declining, while others believe fossil fuel investments will continue for decades. The International Energy Agency (IEA) predicts that global…

Gaps between public perception and reality on issues ranging from gun rights to the economy might threaten Biden’s chances at reelection.

Biden’s achievements undermined by growing perception gaps

Violent crime rates have declined since the early 1990s, and yet twice as many Americans today say that they expect violent crimes to increase in the years ahead as opposed to decreasing. The number of Americans who say that violent crime is increasing has gone up among both Republicans and Democrats, revealing a growing discrepancy…

Attorney General Merrick Garland says House has "turned a serious congressional authority into a partisan weapon" after contempt vote. The Morning Rundown™

Attorney General Merrick Garland held in contempt of Congress

The head of the Department of Justice, Attorney General Merrick Garland, held in contempt of Congress. And “life-threatening” flooding in south Florida as more torrential rain is expected Thursday. These stories and more highlight The Morning Rundown for Thursday, June 13, 2024. Attorney General Merrick Garland held in contempt of Congress In an effort led…

There's a single, subtle change in the Federal Reserve's latest comments on inflation. Here's what it means for future rate cuts.

Federal Reserve teased a ‘glimmer of hope’ in its comments on inflation

There’s a single, subtle change in the Federal Reserve’s latest comments on inflation. In May, the Federal Open Market Committee said there had been a “lack of further progress” toward its 2% inflation target. On Wednesday, June 12, hours after the latest inflation report became public, the committee changed the phrase to note “modest further…

Inflation is going to be a key determining factor for many Americans voting in November, and it's a trap President Biden cannot escape.

‘Bidenflation’ will be the top concern for voters in November

The United States has one of the lowest inflation rates in the world today. The latest U.S. Consumer Price Index Summary, released on Wednesday, June 12, showed that inflation cooled slightly more in May, increasing by only 3.3% year over year, compared to the 3.4% expected by economists. While this is all good news for…

In the wake of the European Parliament elections, French President Emmanuel Macron called for a snap election. Here's what that means.

Macron calls for snap election after EU ‘drubbing.’ What does it mean?

Over the last several days, hundreds of thousands of people across the European Union’s 27 nations voted in the European Parliament elections. While centrists remain in the majority, far-right parties from throughout the bloc made inroads picking up a record number of seats. The European Parliament is the legislative body for the 27 member states…

The American job market faces cuts amid economic fluctuations, with John Deere laying off workers and tech companies announcing reductions.

Job cuts and economic trends: A snapshot of the American job market

In the last year, American corporation John Deere has laid off nearly 1,000 workers and it announced 650 job cuts on Wednesday, June 5. The manufacturing tractor company also plans to send more work to Mexico. John Deere’s profits dropped by more than $6 billion from this time in 2023, with economists pointing to slower…

Polling shows presidential candidates Trump and Biden in a tight race, with even Trump's guilty conviction not affecting their standings.

Making the case for both Biden and Trump

President Joe Biden and former President Donald Trump are essentially tied nationally and in some key battleground states. A recent poll found that Trump has 50% support nationally among likely voters, while Biden has 49%. The poll indicates that the recent Trump guilty verdict in the hush money case is not significantly influencing voters; instead,…

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