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According to a decree from Russian President Vladimir Putin published on the Kremlin website Tuesday, Russia will ban oil sales to countries following the price cap that took effect earlier this month. The ban is set to take effect from Feb. 1-July 1, 2023. A separate ban on sales of refined oil products such as…
Clark County Sheriff Joe Lombardo, a Republican, unseated the incumbent governor of Nevada, Democrat Steve Sisolak. He won by about a percentage point in November. Lombardo is a veteran. He served in the Army, the National Guard and the Army Reserve. He began his law enforcement career with the Las Vegas Metropolitan Police Department before…
Did the U.S. government overestimate job growth by more than 1 million jobs this spring? That’s the claim after the Philadelphia Federal Reserve Bank released a December report, which makes early revisions to Bureau of Labor Statistics data for the second quarter of 2022. “In the aggregate, 10,500 net new jobs were added during the…
A deadly shooting in Paris killed 3, inflation has slowed and thousands of flights have been canceled thanks to the historic winter storm. These stories and more highlight Straight Arrow News’ midday rundown for Friday, Dec. 23, 2022. Shooting in Paris leaves three dead A shooting inside a Kurdish cultural center in Paris is being…
If there are any predictions for 2023 that look nearly certain to come true, it’s that the war in Ukraine wages on, Sam Bankman-Fried‘s situation becomes even more precarious, and political gridlock prevails on Capitol Hill. In just over a week, control over the House of Representatives will fall into Republican hands, putting the Biden…
An update you need to know on the proposed spending package meant to avoid a government shutdown, and could Google search engines be a thing of the past? These stories and more highlight your midday rundown, aimed straight down the middle, for Thursday Dec. 22, 2022. $1.7 trillion spending bill gets green light Senate Majority…
Zelenskyy goes to Washington; Donald Trump’s tax returns released; and severe weather heading your way. These stories and more highlight the morning rundown for Wednesday, Dec. 21, 2022. Zelenskyy to visit Biden in Washington President Volodymyr Zelenskyy will be meeting with President Joe Biden and Congress today in his first foreign trip since Russia invaded…
U.S. inflation surprised below expectations in November, slowing for the fifth straight month to a 7.1% annual rate. But when President Joe Biden took to the podium to celebrate the feat, he made a claim that didn’t stack up against statistics. “In a world where inflation is rising in double digits in many major economies…
The Federal Reserve is seeing some progress in efforts to curb inflation, with consumer prices slowing to a lower-than-expected 7.1% increase in November. That didn’t stop the board from issuing its seventh interest rate hike of 2022, albeit a less aggressive increase than previous hikes. But what about long-term interest rates, such as the ones…
Wes Moore is combat veteran and author who ran to replace Maryland’s popular, term-limited Republican Governor Larry Hogan. Moore won by 30 points. “Everybody in the state needs to understand that we are going to focus on economics. That this is about how we are going to focus on pathways to work, wages, and wealth.…
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