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A new poll found Texas Gov. Greg Abbott, R, has widened his lead over his challenger Beto O’Rourke, D. The Spectrum News-Siena College Poll revealed Abbott leads O’Rourke 50% – 43% in the race for governor. According to the poll, nearly all Republicans and Democrats in the state are supporting their party’s candidate, while Independents…
Nearly every single Alaskan received $3,284 on Tuesday as part of a combined payout as the state began distributing oil-wealth checks from its permanent investment fund. The amount was announced during a livestream broadcast on Republican Gov. Mike Dunleavy’s Facebook page. Officially called the Permanent Fund Dividend, or PFD, the payments amounted to $2,622 — the…
The Federal Reserve hiked interest rates by 75 basis points for the third straight meeting after inflation numbers came in hotter than expected for August. The federal funds rate boost is in line with Wall Street’s expectations as Chair Jerome Powell has promised to keep forging ahead until they are “very confident” inflation is coming…
As the old saying goes, the cure for high prices is high prices. But that line won’t work for food prices at the grocery store, which in August marked the highest 12-month surge since 1979. Groceries are up 13.5% on the year, driven by spikes in the price of eggs (39.8%), chicken (16.6%), cereal (16.4%)…
Tensions between the United States and China show no signs of cooling off. President Biden reiterated that the U.S. would defend Taiwan during an interview on “60 Minutes.” The Department of Defense has also cut off sales of key aviation technology to Beijing, a potentially devastating blow to the Chinese. Straight Arrow News contributor Peter…
Germany has been hard hit by the economic standoff with the Kremlin because of its reliance on Russian gas and oil. In an effort to prevent blackouts this winter, last Friday Germany took control of a major Russian-owned oil refinery which supplies around 90% of Berlin’s fuel. Straight Arrow News contributor Peter Zeihan talks about…
Railroads and labor unions representing the industry’s workers are locked in heated contract negotiations. The two sides met with Labor Secretary Marty Walsh on Wednesday. A spokesman for the railroads said there are no plans to lock workers out. However, if the two sides don’t reach an agreement by 12 a.m. Friday, workers could strike.…
A number of Republican Party nominees for office in 2022 are toning down their messaging on the issue of abortion just weeks before the November midterm elections. For years, Republicans have run on the issue of stopping abortion with the stated goal of overturning Roe v. Wade. Now that Roe is gone following this summer’s…
China’s President Xi JinPing has arrived in Kazakhstan today ahead of meeting with Russia’s Vladimir Putin tomorrow. Kazakhstan is a major oil and gas producer and China is a large consumer. The two countries are set to discuss energy and more trade. Tomorrow, Xi JinPing will meet with Putin in a private setting following a…
As negotiations between labor unions and freight railroad companies over a new contract continue, Amtrak prepared for a potential strike by cancelling several of its long-distance routes. If a deal is not reached, a strike could begin as soon as Friday. The affected routes, which closed starting Tuesday, includes: The Southwest Chief route from Chicago…
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