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Russia’s ongoing invasion of Ukraine is now in its second week. The rage that swept the Western world — particularly acute in Europe — has not abated, with all talk about how to punish Moscow more thoroughly. New sanctions are under discussion. Goals range from gutting Russia’s oligarchic class to starving the Kremlin of income…

The COVID death toll has reached 6 million.

According to the latest numbers from the Johns Hopkins Coronavirus Resource Center, the worldwide death toll from COVID-19 has eclipsed 6 million. Monday’s numbers also show there have been more than 446 million COVID-19 cases worldwide and more than 10 billion vaccine doses administered. “If you set aside the number of confirmed COVID-19 deaths, 6…

The February jobs report exceeded expectations.

According to the Labor Department’s February jobs report, the United States added 678,000 jobs last month. That number is well above the roughly 400,000 jobs many analysts had been predicting. “We now have recovered more than 90 percent of the jobs lost at the onset of the pandemic,” Secretary of Labor Marty Walsh said in a…

As the United States struggles to get its worst inflation in four decades under control, the Federal Reserve is eyeing interest rate hikes. But, the Fed remains essentially paralyzed by vacancies at the top. President Biden’s nominees are making matters more complicated, because he’s nominating people whose visions for America would lead to economic catastrophe.…

Russia is getting canceled over the Ukraine invasion, with a staggering number of businesses and industries waging their own economic war.

Russia’s economy is already buckling under crippling Western sanctions over its invasion of Ukraine. On top of those losses, the country is facing cancel culture, with a staggering number of businesses and industries waging their own economic war. Here are five of them in this week’s Five For Friday. #5: Harley-Davidson Harley-Davidson is suspending business…

Unemployment claims dropped ahead of the latest jobs report.

The latest weekly unemployment claims report from the Labor Department shows initial claims dropped by 18,000 to 215,000 last week. That’s the lowest numbers since the turn of the new year. The four-week average for claims, which compensates for weekly volatility, fell by 6,000 to 230,500. While Thursday’s Labor Department report indicates a low number…

Russia took a major Ukrainian city.

In an apparent effort to shut down Ukraine’s access to the sea, Russia targeted two port cities, including the first major Ukrainian city to fall since the invasion began. In a virtual briefing Tuesday, a spokesperson for Russia’s defense ministry announced “units of Russian Armed Forces took under its entire control the regional centre of…

President Biden spoke about inflation during his State of the Union address. Polling shows the issue is a major concern for Americans.

Recent polling from Gallup has indicated inflation and the economy are major concerns for many Americans. During his State of the Union address, President Biden described plans to combat America’s rising inflation. “Too many families are struggling to keep up with their bills. Inflation is robbing them of gains they thought otherwise they would be able to…

The Texas gubernatorial matchup was set up during Tuesday's primary election.

The heavyweight gubernatorial matchup of Gov. Greg Abbott (R-TX) and former Democratic presidential candidate Beto O’Rourke is now set in stone for November following Texas’ primary elections. Both Gov. Abbott and O’Rourke won their respective primaries. According to the results on Texas’s elections website, Abbott secured the Republican nomination with over 66% of the vote.…

President Joe Biden will deliver his first State of the Union Address during a joint session of Congress on Tuesday night.

President Biden will give his first State of the Union Address during a joint session of Congress Tuesday night. Biden is expected to tout his achievements and speak on issues he hopes to address, including rising inflation. “In the speech he’s going to make clear that one of the best ways to lower cost over…

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