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Russia will ban oil sales to countries following the price cap that took effect earlier this month. The ban is set to take effect next year.

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.

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. economy add 10,500 jobs or 1 million jobs during Q2 2022? The Philadelphia Fed data discrepancy is making waves in Washington.

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.

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…

Brutal recession, discord among key Republicans, the DOJ refusing to prosecute Biden officials are some predictions for the new year.

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…

Senate Majority Leader Chuck Schumer says the Senate has reached a deal on the $1.7 trillion dollar spending bill.

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…

President Zelenskyy will be meeting with President Biden and Congress today in his first foreign trip since Russia invaded in February.

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…

President Biden claimed inflation is coming down in American while rising by double digits in other major economies. The data proves otherwise.

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 Fed sees some progress in curbing inflation, but several signs indicate long-term interest rates are going up sharply in 2023.

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…

Democrat Wes Moore is combat veteran and author replacing Maryland's term-limited Republican governor Dan Cox.

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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