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According to a CNBC survey, President Biden’s economic approval rating stands at 37%, which marks a 3% improvement from the prior survey in April. Though a handful of Biden’s policies may have benefitted some working-class Americans, many of the Democrat voters he needs to win in 2024 cite inflation and higher interest rates as major…
UPS and its union workers avoided a nationwide shipping crisis after agreeing to a work contract Tuesday, July 25. Had a deal not been reached by July 31, roughly 340,000 workers would have gone on strike in the largest single-employer strike in U.S. history. “We averted a catastrophe,” Patrick Penfield, a professor of supply chain…
Young people in China are being shut out of the labor market, causing unemployment rates among people ages 16 to 24 to surge to a record 21.3% in June. China’s powerhouse manufacturing industry is shrinking as businesses continue to leave the country and the highly educated cohort with dreams of securing high-skilled, high-wage work in…
Research has shown that investing in education yields positive results for at-risk students in low-income communities. For instance, a 2022 University of Michigan study revealed that students attending well-funded schools are 15% less likely to be arrested up to the age of 30. However, the situation becomes more complex for a generation of students living…
A Biden administration policy that imposes limits on asylum seekers has been blocked by a federal judge. And we have an update on the condition of LeBron’s James’ son Bronny after he suffered cardiac arrest during basketball practice. It’s time for The Rundown for Wednesday, July 26, 2023. Judge blocks Biden asylum policy A federal…
Whatever happened to that recession? Several months ago, top economists predicted the country would be in a recession right now. Instead, consumer confidence just hit a 2-year high in July, the U.S. unemployment rate is 3.6%, and gross domestic product numbers due this week are expected to show a growing economy for the second quarter…
If the 2024 presidential election were held today, former President Donald Trump would beat President Biden by five points, according to a new Harvard-Harris poll. In the survey of more than 2,000 registered voters, Trump received 45% support, while Biden was at 40% and 16% of voters were still undecided. According to the Straight Arrow…
Apple contractor Foxconn recently pulled out of a $19.5 billion chip factory project in India, which was supposed to establish one of their largest factories in the country to date. India’s Prime Minister Narendra Modi believed the project would greatly boost the economy and create more jobs. Straight Arrow News contributor Peter Zeihan suspects brain…
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