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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…
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…
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