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The federal COVID emergency will officially come to an end this spring; winter weather is again grounding flights nationwide; first responders involved in the Tyre Nichols case have been fired; and an appeals court rules that Johnson and Johnson cannot use a subsidiary to protect itself from lawsuits. These stories and more highlight the daily…
The labor market may have been much weaker than the government let on in 2022. While the Bureau of Labor Statistics initially reported the U.S. economy added 1.2 million jobs last spring, a new report shows the private sector had a net loss of 287,000 jobs during the same time period, a difference of nearly…
The U.S. hit its debt ceiling last week and began enacting “extraordinary measures” to avoid a default that could be disastrous for the U.S. economy. At a Jan. 25 Senate Republican press conference, Sens. Ted Cruz, R-Texas, Ron Johnson, R-Wis., Rand Paul, R-Ky., and others spoke to reporters with a message for President Biden. Straight…
While the number of Orthodox Christians has doubled in the last century, the number of non-Orthodox Christians has quadrupled since 1910 to 260 million, according to the Pew Research Center. The demographics in countries with large numbers of Orthodox Christians (Russia and Eastern Europe, including Greece and the Balkans) are getting older as young people…
The U.S. economy grew 2.1% in 2022, despite widespread fears the country was heading toward a recession. That’s according to the latest gross domestic product data from the Bureau of Economic Analysis out Thursday. In the fourth quarter of 2022, the advanced estimate shows a growth of 2.9%, slightly above analysts’ expectations for the quarter.…
House Speaker Kevin McCarthy is planning to visit Taiwan later this year as concerns grow regarding the tension between Taiwan and China. Last year, President Biden committed to defending Taiwan if China were to invade the island. The Center for Strategic and International Studies ran the scenarios in a wargame to see what could happen.…
The United States government has hit the nearly $31.4 trillion debt ceiling and Treasury Secretary Janet Yellen informed congressional leaders she’s taking extraordinary measures to pay the government’s bills. But according to Rep. Don Bacon, R-Neb., negotiations on Capitol Hill to increase the ceiling and avoid a default have still not started. “Not yet, unfortunately.…
The U.S. has officially hit its debt ceiling, the max amount of money it is able to borrow. With the government on the hook for $31 trillion, Republicans in Congress say they want spending concessions made before they agree to raise the debt ceiling. The White House says it won’t negotiate. Straight Arrow News contributor…
With the Federal Aviation Administration’s (FAA) alert system outage in the rearview mirror, more flight disruptions could be on the way in 2023. The FAA released a statement explaining the outage Thursday, saying it was caused by contracted workers “unintentionally” deleting files used for the system. “The FAA made the necessary repairs to the system and…
Used vehicle prices are finally starting to normalize after skyrocketing in 2021, but that does nothing for existing borrowers who are showing signs of being in trouble. The number of borrowers who are at least 60 days late on making their car payment has gone up 26.7% from a year ago, according to Cox Automotive…
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