The recent release of the consumer price index for July, which showed a small rise in inflation compared to the previous month, has led to renewed discussions about the state of the U.S. economy. President Joe Biden, however, remains optimistic, emphasizing that the 3.2% annual inflation rate is just one component of a more comprehensive
Politics
The White House is set to unveil its plans to limit certain U.S. investments in sensitive technologies in China, as well as introduce requirements for government notification regarding other investments. This move is aimed at preventing American capital and expertise from aiding China’s military advancement and posing a threat to U.S. national security. The Biden
In a bold move to secure control of the House of Representatives, the super PAC aligned with Republican House Speaker Kevin McCarthy has devised a plan to spend at least $100 million in the 2024 election cycle. The plan, named the “Blue State Project,” aims to support GOP House candidates in states that were won
The political landscape is witnessing a new war, and it is not between Democrats and Republicans. Former President Donald Trump finds himself locked in a battle against the political network funded primarily by billionaire industrialist Charles Koch. This clash comes as a surprise since Koch has traditionally backed Republican candidates, but this time, Trump is
Former President Donald Trump is once again making headlines, this time calling for the recusal of the judge presiding over the federal case that alleges he conspired to overturn his election loss to President Joe Biden in 2020. The case has been assigned to U.S. District Judge Tanya Chutkan, who was appointed to the district
Hotel entrepreneur Robert Bigelow, who donated a substantial $20 million to the pro-Ron DeSantis super PAC “Never Back Down,” has expressed his hesitancy to contribute further funds to the Florida governor’s struggling presidential campaign. Bigelow’s lack of enthusiasm stems from concerns about DeSantis’ inability to attract new major donors and adopt a more moderate approach.
Less than one day after being arraigned on charges of trying to subvert the 2020 presidential race, former President Donald Trump on Friday called for the U.S. Supreme Court to step into the 2024 contest. Trump, the top contender in the Republican presidential primary, claimed that dealing with numerous ongoing legal battles amounts to “election
Treasury Secretary Janet Yellen has commended the Internal Revenue Service (IRS) for its new “paperless processing” program, a significant step towards reducing the federal deficit. This initiative is expected to save $2.6 trillion over the next 10 years, contributing to the Biden administration’s overall goal of $1 trillion in deficit reduction. One of the key
The billionaire DeVos family, known for their involvement in education policy and their ties to former president Donald Trump, has emerged as supporters of Florida Governor Ron DeSantis ahead of the 2024 Republican presidential race. This unexpected move has raised eyebrows and created speculation about the family’s intentions. With a longstanding alliance between the DeVos