The Biden administration has allocated $60 million in federal aid to Maryland following the deadly Baltimore bridge collapse on Tuesday. Biden told reporters the Port of Baltimore, a major U.S. shipping hub that saw record cargo volumes last year, is crucial for automobile imports and exports, with around 850,000 vehicles passing through annually. “Fifteen thousand jobs…

Pro-Palestinian demonstrators interrupt President Biden’s celebrity-packed fundraising event at Radio City Music Hall. And, The Wall Street Journal marks one year of reporter Evan Gershkovich being held in a Russian prison. These stories and more highlight The Morning Rundown for Friday, March 29, 2024. Protesters interrupt Biden’s star-studded NYC fundraiser President Joe Biden, joined by…

Americans are facing a record amount of credit card debt in 2024 at more than $1 trillion total. Adjusted for inflation, WalletHub says credit card debt is about 10% below its peak, which Americans hit in 2008 during the Great Recession. However, WalletHub estimates growing balances this year could put the inflation-adjusted record in striking…

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 House Oversight Committee held an impeachment hearing into President Biden on Wednesday, March 20. According to multiple members of Congress, the hearing could be described as a “clown show.” “It was a clown show man, you know that,” Rep. Tim Burchett, R-Tenn., said.   “The American people know that this has become a clown show,”…

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…

While mobilizing support for U.S. Senate candidate Bernie Moreno in Ohio, presumptive Republican presidential nominee Donald Trump warned of dire consequences if he —Trump — were to lose the election. This wasn’t the first instance where the former president delivered a rally speech to threaten violence or warn of a doomsday scenario should Biden secure…

Demographic momentum, roughly understood as a population’s ability to grow its economy over generations, is a key determinant for forecasting economic progress. For instance, the continent of Africa has mostly positive demographic momentum because the average age of the population is very young and can be expected to produce more and more wealth in the…

Days after Senate Majority Leader Chuck Schumer called him an obstacle to peace, Israeli Prime Minister Benjamin Netanyahu addresses Senate Republicans. And Neuralink posts a video of a patient playing chess using his thoughts. These stories and more highlight The Morning Rundown for Thursday, March 21, 2024. Benjamin Netanyahu speaks to GOP lawmakers Israeli Prime…

Hours after the Supreme Court rules that Texas’ immigration law can take effect, it is now back on hold. And, charges have been dropped against the father of a late Marine who was arrested at the State of the Union. These stories and more highlight The Morning Rundown for Wednesday, March 20, 2024. Texas immigration…