One of the biggest money-in-your-pocket policies from the Inflation Reduction Act (IRA) is causing a major stir in the U.S. and abroad. The new $7,500 electric vehicle tax credit went into effect Jan. 1, but at least one Senate Democrat wants to temporarily yank back the perk. Sen. Joe Manchin, D-W.Va., introduced a bill last…

40 million people are under winter weather alerts; Congressman George Santos steps down from his committees; and the people have spoke, the government is this country’s No. 1 problem. This is Straight Arrow News. Unbiased. Straight Facts. Winter weather grounds planes, kills one More than 40 million people are under winter weather alerts as an ice…

The labor market may have been much weaker than the government let on in 2022. While the Bureau of Labor Statistics initially reported the U.S. economy added 1.2 million jobs last spring, a new report shows the private sector had a net loss of 287,000 jobs during the same time period, a difference of nearly…

The U.S. economy grew 2.1% in 2022, despite widespread fears the country was heading toward a recession. That’s according to the latest gross domestic product data from the Bureau of Economic Analysis out Thursday. In the fourth quarter of 2022, the advanced estimate shows a growth of 2.9%, slightly above analysts’ expectations for the quarter.…

Fears of human overpopulation have been around for decades. Hollywood has even crafted dystopian thrillers like Soylent Green, Blade Runner and even Avengers: Infinity War around the dangers of overpopulation. But if this true, how does one explain China’s population decline in 2022? The concern is that with Earth’s population now at eight billion people,…

With an imminent debt ceiling deadline and no signs of compromise, President Biden and House Republicans are facing a standoff that could last months and cause “irreparable harm” to the country. Republicans say the reckless spending of the last few years makes it mandatory that Biden agrees to spending cuts, which he refuses to enact.…

For some, there’s nothing left to do but crack up over the price of eggs (if you’re not crying in the grocery aisle). The internet is exploding with egg memes mocking how expensive this everyday diet fixture has become. The average price of a dozen eggs is now $4.25, well more than double what it…

ESPN sued over its vaccine mandate, Chicago’s mayor’s office under fire; Nebraska senator appointed; and inflation is still going down. These stories and more highlight the midday rundown for Thursday, Jan. 12, 2023. U.S. saw deflation in December In December, the U.S. economy saw deflation for the sixth month in a row. Consumer prices came…

President Joe Biden confirmed reports circulating Thursday that revealed the location of a second set of classified documents found from Biden’s time as vice president. According to those reports, the second batch of documents was found at a storage space in the garage of President Biden’s home in Wilmington, Delaware. The discovery comes just days…

For the first time since 2020, the U.S. saw deflation in consumer prices for the month. Overall consumer prices in December declined 0.1% from November, according to the latest Bureau of Labor Statistics (BLS) report. Annual consumer inflation rose 6.5% from a year ago, down from November’s 7.1% increase and significantly below June’s 9.1% peak.…