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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…
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…
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…
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. 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…
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…
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…
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…
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,…
As the presidential election approaches, many Americans feel cautious about the economy despite reassuring data. Nearly two-thirds of middle-class Americans report experiencing economic hardship and do not expect their situation to improve. Inflation and unaffordable housing are two of the top concerns respondents cite. In this 40-minute episode of America Speaks, Dr. Frank Luntz asks…
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