A series of tweets from China’s new foreign minister seem to signal a possible softening in China-U.S. relations. Qin Gang, a trusted aide to leader Xi Jinping and outgoing Chinese ambassador to the U.S., offered enthusiastic praise of the U.S. on Tuesday. “Going forward, I will continue to care about and support the growth of…

With inflation showing signs that it has peaked, consumer confidence is back on the upswing. Energy prices continue to fall, food prices have stabilized and the Federal Reserve even moderated its most recent rate hike in December. However, Straight Arrow News contributor Larry Lindsey warns there is trouble on the horizon. Key indicators such as…

The last 12 months have been a rollercoaster for business and economic news. Unfortunately, most of us are entering 2023 with a lot less fortune. Here are the biggest stories that dominated 2022 headlines in this week’s Five for Friday. #5: FTX Scandal Cryptocurrency was already facing turmoil amid the long crypto winter. Then, the…

Josh Green is a medical doctor, former state senator and representative who has transitioned from Hawaii’s lieutenant governor to the state’s governor. During his gubernatorial campaign, the Democrat touted his management of the COVID-19 pandemic, as the Commonwealth Fund ranked Hawaii first in the country for its COVID-19 pandemic response. Hawaii’s economy suffered during shutdowns, particularly because…

As Russia’s invasion of Ukraine continues, some U.S. lawmakers have warned that aid to Ukraine will not slow down. House Minority Leader Kevin McCarthy told Punchbowl News in October that further aid to Ukraine would become more difficult to pass if Republicans took control of the House of Representatives. The GOP did, in fact, win…

Did the U.S. government overestimate job growth by more than 1 million jobs this spring? That’s the claim after the Philadelphia Federal Reserve Bank released a December report, which makes early revisions to Bureau of Labor Statistics data for the second quarter of 2022. “In the aggregate, 10,500 net new jobs were added during the…

A deadly shooting in Paris killed 3, inflation has slowed and thousands of flights have been canceled thanks to the historic winter storm. These stories and more highlight Straight Arrow News’ midday rundown for Friday, Dec. 23, 2022.  Shooting in Paris leaves three dead A shooting inside a Kurdish cultural center in Paris is being…

A judge ruled FTX founder Sam Bankman-Fried could be released on $250 million bail and put under house arrest at his parents’ California home while he awaits trial in New York City on eight federal criminal charges. As Bankman-Fried fights the charges against him, some of his coworkers have already pleaded guilty to fraud charges…

The United States Senate on Thursday approved a $1.7 trillion omnibus package to fund the federal government through September of next year. The legislation is now heading to the House, and if passed, must be signed by President Joe Biden before funding runs out on Friday. The spending package, which passed the Senate 68-29, has…

An update you need to know on the proposed spending package meant to avoid a government shutdown, and could Google search engines be a thing of the past? These stories and more highlight your midday rundown, aimed straight down the middle, for Thursday Dec. 22, 2022.  $1.7 trillion spending bill gets green light Senate Majority…