Don’t expect the Federal Reserve to wade into the climate change fray. Fed Chair Jerome Powell made clear Tuesday that the banking system does not have a significant role in the space. “We are not, and will not be, a ‘climate policymaker,’” Powell said. “We should ‘stick to our knitting’ and not wander off to…

China retaliates against travel restrictions; New Jersey’s gun law on hold and the Golden Globes are back. These stories and more highlight your midday rundown for Tuesday, Jan. 10, 2023. New Jersey gun law hits legal roadblock New Jersey’s gun law, signed in December, was immediately met with legal challenges that are now playing out…

The House has passed its first bill under new party rule; 90% of California is under a flood watch; and classified documents have been found in a private office President Joe Biden used following his time as vice president. These stories and more highlight your morning rundown for Tuesday, Jan. 10, 2023. Classified documents in…

The year 2022 has turned out to be one of the best years for job growth in modern U.S. history. December’s jobs report released Friday by the Bureau of Labor Statistics (BLS) showed another month of the economy beating job growth expectations, but did signal a slowdown in that growth. The U.S. economy added 223,000…

A new year means making resolutions that likely won’t stick, along with making fantastic predictions that will likely never come true. The latter is exactly what Denmark-based Saxo Bank does each year. We have the most outrageous predictions for 2023 in this week’s Five For Friday.  #5: Country bans meat production The global agenda to…

Big Tech continues its big jobs shedding in 2023 as two major players announce deep cuts to start the year. Amazon is axing 18,000 corporate employees, nearly double previous estimates, while Salesforce announced a 10% staff reduction impacting 8,000 workers. Both companies cite the current economy and over-hiring the past few years as factors. Amazon’s…

Minutes from the Federal Reserve’s latest meeting show officials worried the market could undermine the Fed’s efforts to bring down prices. Despite rumblings of a Fed pivot, the minutes revealed the committee’s resolve in bringing down inflation, including officials’ consensus on keeping interest rates high through 2023. “Participants noted that, because monetary policy worked importantly…

An Idaho murder suspect has been taken into custody; Southwest Airlines appears back on track after a week of cancellations and chaos; and heavy metals in chocolate. These stories and more highlight the Straight Arrow News midday rundown for Friday, Dec. 30, 2022.  Suspect in custody for Idaho murders The arrest comes almost two months after…

Josh Green is a medical doctor, former state senator and representative who has transitioned from Hawaii’s lieutenant governor to the state’s governor. During his gubernatorial campaign, the Democrat touted his management of the COVID-19 pandemic, as the Commonwealth Fund ranked Hawaii first in the country for its COVID-19 pandemic response. Hawaii’s economy suffered during shutdowns, particularly because…

As Russia’s invasion of Ukraine continues, some U.S. lawmakers have warned that aid to Ukraine will not slow down. House Minority Leader Kevin McCarthy told Punchbowl News in October that further aid to Ukraine would become more difficult to pass if Republicans took control of the House of Representatives. The GOP did, in fact, win…