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Tory leader Boris Johnson is lacking support from more than 40 percent of his party's members of Parliament -- without it, his future is uncertain.

UK Prime Minister Boris Johnson has continued to stir up controversy within his party after narrowly surviving a no-confidence vote. A week later, he introduced a bill which some Tory members of Parliament strongly disliked. According to the Financial Times, they accused Johnson of “damaging the UK and everything the Conservatives stand for.” The bill…

The stock market notched its worst start to the year in more than 50 years with the S&P 500 closing down 21% over the past six months. The skid marks the poorest first-half performance from the index since 1970. The S&P 500 ended June 30 at 3,785, more than a thousand points lower than the…

Nuclear power attracting more money, interest as world cuts carbon emissions and the Russian invasion of Ukraine drives up gas prices.

Nuclear power in the United States is experiencing a bit of a renaissance. A global commitment to cut carbon emissions, coupled with Russia’s invasion of Ukraine and the resulting spike in carbon fuels, is forcing politicians, energy producers and investors to reconsider a nuclear future. The United States was the dominant nuclear energy developer and…

Inflation is a global problem. But unlike other countries, the U.S. has economic ideas that should help ease inflation in due time.

With inflation still climbing, gas prices still obscenely high and the Fed’s recent rate hikes putting the brakes on a runaway housing market, it’s no surprise the White House is floating ideas such as a federal gas tax holiday to combat soaring prices. Straight Arrow News contributor David Pakman says it’s important to understand that…

The U.S. tax receipts were stronger than the estimates amid a deteriorating fiscal situation as taxable income skewed towards wealthy.

The Congressional Budget Office (CBO) estimates tax receipts for the first eight months of fiscal year 2022 will be $3.4 trillion, $768 billion more than the same period last year. No matter which side of the political aisle you are on, this is good news, a bright spot amid deteriorating economic conditions in the U.S.…

Beijing announced extending zero COVID policies until 2027 which will continue to wreak havoc on firms dependent on Chinese manufacturing.

For over four months now, China has instituted an extremely harsh zero-COVID-19 policy, forcing millions of residents into lockdown, repeated testing and harsh restrictions on daily life. But even as Shanghai is recording no new infections since March, China has announced it’s extending its policy through 2027. Straight Arrow News contributor Peter Zeihan argues that…

Russia may default as G7 leaders plan more sanctions.

As Group of Seven (G7) leaders began meeting to discuss more sanctions against Russia, the country was set to default on its foreign debt. Russia owes about $40 billion in foreign bonds. A 30-day grace period on interest payments originally due May 27 expired Sunday. Despite this, it could take time to confirm a default.…

Many tools used to regulate the economic system, like interest rates at the federal bank level, may not work anymore as the population ages. 

The U.S. is in the grip of the worst inflation the country has endured in decades. In the wake of a steep interest rate hike, Federal Reserve Chair Jerome Powell faced bipartisan grilling from the Senate this week about the plan to rein in inflation. But will those actions be enough? Straight Arrow News contributor…

Rep. Dusty Johnson, R-S.D., has voted for multiple bills in Congress designed to help lower record-high inflation plaguing Americans.

Rep. Dusty Johnson, R-S.D., has voted for multiple bipartisan bills in the last few weeks that have been a big part of Congress’ effort to lower inflation. Some of those bills, like the Ocean Shipping Reform Act, have been widely supported on a bipartisan basis. However, Johnson was one of just seven Republicans to vote…

Powell discussed inflation with the Senate Banking Committee.

Federal Reserve Chair Jerome Powell faced questions about inflation from the Senate Banking, Housing and Urban affairs committee. Wednesday’s two-day hearing began as inflation set a new 40-year high last month and the national average price for a gallon of gas topped $5 for the first time ever last week. “Inflation remains well above our longer-run…

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