‘Journalists don’t sit down with senior government officials in the service of scoring political points. We do it in the service of asking tough questions, on behalf of our fellow citizens. And then sharing the answers — or lack thereof — with the world.’ That is NPR reporter Mary Louise Kelly explaining her side of […]
Bloomberg Chairman Jerome Powell of the Federal Reserve and his fellow board members don’t plan to raise or lower U.S. interest rates anytime soon. Information received since the Federal Open Market Committee met in December indicates that the labor market remains strong and that economic activity has been rising at a moderate rate. Job gains […]
Housing may be the key to bigger savings. Earlier this week, a Reddit post — from a 48-year-old woman claiming to be a millionaire despite having only low-paying jobs until about age 30 — went viral, and in it she details some extreme frugality. She says she saves tea bags so she can make multiple […]
If the current infection rate continues, the coronavirus will exceed the number of total worldwide cases of SARS. The coronavirus, a highly contagious, pneumonia-causing illness that infects the respiratory tract, is now responsible for 132 deaths in China as of Wednesday and 6,132 infections worldwide, with the number of cases tripling since the weekend, health […]
As President Donald Trump’s impeachment trial shifted to its question-and-answer phase, Republican Sen. Susan Collins of Maine started off by asking Trump’s attorneys about the president’s motives. The senator’s question was read as follows by Chief Justice John Roberts: “If President Trump had more than one motive for his alleged conduct — such as the […]
As pressure mounts on Senate Republicans to allow John Bolton’s testimony in President Trump’s impeachment trial following bombshell revelations from Bolton’s upcoming book, the president took to Twitter on Wednesday to trash his former national security adviser. “For a guy who couldn’t get approved for the Ambassador to the U.N. years ago, couldn’t get approved […]
The Supreme Court said Monday it will allow the Trump administration to begin enforcing a controversial new policy making it harder for low-income legal immigrants to obtain green cards or visas. The administration’s new, expanded “public charge” rule, which makes it easier for officials to bar immigrants who use, or are deemed likely to use, […]
WASHINGTON — The president’s top White House lawyer has repeatedly told the Senate that Trump did nothing wrong in withholding aid to Ukraine, even as other lawyers on his defense team directly contradicted that assertion over the last two days. In the opening moments of the Senate impeachment trial last Tuesday, some of Pat Cipollone’s […]
The U.S. federal government debt is set to skyrocket over the next ten years, according to a Congressional Budget Office forecast published Tuesday. The debt held by the public is projected to rise to $31.4 trillion at the end of 2030 — an amount equal to 98% of GDP. That’s the highest since the end […]
Gold futures ended with a loss on Tuesday, as investor worries over the spread of China’s coronavirus abated somewhat and prices consolidated, a day after prices rose to a more than six-year high. Some upbeat economic data also put pressure on haven demand for gold. The U.S. consumer confidence index climbed to a five-month high […]