It’s budget planning time in Washington. That means it’s time for the Department of Defense to submit its request for money from the American taxpayers. For fiscal year 2025, the Pentagon is asking for $849.5 billion. That’s only about 1% more than it requested last year, which doesn’t keep up with inflation. This is an…

Treasury Secretary Janet Yellen said she regrets describing inflation in 2021 as “transitory,” the term several Federal Reserve and Biden administration officials used to describe the pandemic-induced price surges they initially thought would be temporary.

On March 10, Portugal’s latest national elections have seen the Socialist Party conceding to the center-right Democratic Alliance, marking a move to the right in one of Europe’s traditionally liberal countries. In the lead-up to this, Portuguese voters expressed their demand for solutions to pressing issues, including corruption scandals, a housing crisis, high inflation and…

A recent receipt from Five Guys sparked debate about high prices at fast-food restaurants and inflation. The receipt displays a total of $24.10 for a bacon cheeseburger combo, including tax and tip. The image gained viral traction on Reddit, amassing nearly 25 million views. Online users engaged in debates regarding the higher prices, some labeling…

In 2007, Americans welcomed approximately 4.3 million babies. But following a decline in birth rates during the Great Recession, birth rates have not recovered. Over the past 15 years, the number of U.S. births has decreased annually, with the most recent 12-month period on record indicating only 3.6 million babies born. Straight Arrow News contributor…

Super Tuesday is here, with voters in more than a dozen states looking to make a difference in the presidential race. And Elon Musk has been dethroned as the world’s richest person. These stories and more highlight The Morning Rundown for Tuesday, March 5, 2024. 16 states holding contests on GOP, Democratic choice for President…

The first large-scale offshore wind farm in the United States is now operational, located 14 miles off the coast of Martha’s Vineyard, Massachusetts. Dubbed Vineyard Wind 1, the project has five out of its planned 62 turbines currently generating energy — enough to power approximately 30,000 homes. Once all the turbines come online, it is…

U.S. District Judge David Ezra ruled on Thursday, Feb. 29, Texas cannot use local police to arrest migrants suspected of crossing the border illegally. On that same day, Former President Donald Trump said that tactic would be part of his immigration policy as president to expedite his plan for a mass deportation operation. “The way…

Americans’ confidence in the economy is wavering. After three consecutive months of growing consumer confidence, The Conference Board’s index took a hit in February. Economists all over the map continue to point out that the U.S. economy is very strong right now. They can’t quite put a finger on why many Americans don’t feel the…

Wendy’s announced a new AI-powered menu that could potentially result in some customers paying more for their food depending on the time of day they visit. The company calls it a dynamic pricing system, and it is set to roll out next year, according to ABC News. The dynamic pricing system is akin to Uber’s…