Conservative Supreme Court justice Samuel Alito’s goofy excuse for flying an inverted U.S. flag outside his Virginia home—that his wife did it because she was upset about a neighbor’s sign—has deteriorated more swiftly than civil rights under the high court.In an interview with The New York Times, Alito neighbor Emily Baden detailed a series of…
Stubborn inflation has been hitting Americans at every level: From grocery prices to those of housing, high costs have placed an enormous toll on consumers. Thus, it came as no surprise that the Federal Reserve chose to keep its rates steady following its Federal Open Market Committee (FOMC) meeting which concluded on May 1. In…
The U.S. stock market is one of the best predictors of whether the incumbent party will win a presidential election.That’s important to know because of the widely mixed messages of the electronic prediction markets, to which many until now have turned to get reliable predictions. Many fans of those markets have of late become disillusioned…
WASHINGTON (AP) — The Biden administration said Tuesday it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to lower prices at the pump this summer.The sale, from storage sites in New Jersey and Maine, will be allocated in increments of 100,000 barrels at a time.…
Former President Donald Trump suddenly stopped talking for more than 30 seconds during a speech at the National Rifle Association’s annual meeting in Dallas, Texas over the weekend, leading the Biden campaign to capitalize on the speculation about whether his Republican opponent is fit for office.The presumptive Republican presidential nominee addressed gun owners after receiving…
DUBAI (Reuters) -A helicopter carrying Iranian President Ebrahim Raisi and his foreign minister crashed on Sunday as it was crossing mountain terrain in heavy fog on the way back from a visit to the border with Azerbaijan, an Iranian official told Reuters.The official said the lives of Raisi and Foreign Minister Hossein Amirabdollahian were “at…
As Donald Trump increasingly infuses his campaign with Christian trappings while coasting to a third Republican presidential nomination, his support is as strong as ever among evangelicals and other conservative Christians.“Trump supports Jesus, and without Jesus, America will fall,” said Kimberly Vaughn of Florence, Kentucky, as she joined other supporters of the former president entering…
By Max HunderKHARKIV REGION, Ukraine (Reuters) – Peeking out from under a hat and with his face covered, the Russian fighting for Kyiv described unrelenting battles in the northeastern Ukrainian region of Kharkiv where Moscow’s forces opened a new front last week.”The situation is difficult, the intensity is very high, there is fighting almost every…
After another reading of hotter-than-expected inflation, you’d think Federal Reserve Chair Jerome Powell might be getting a little worried that the battle will go on much longer than expected.But Powell, for the most part, isn’t stressing ahead of Wednesday’s crucial Consumer Price Index data set to be released in the morning.Tuesday’s wholesale inflation data, which…
By Ann Saphir and Howard SchneiderNEW ORLEANS (Reuters) -Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a key survey showed a jump in consumers’ inflation expectations.”There are … important upside risks to inflation that are on my mind, and I think…
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