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CVS scored big with its $8 billion acquisition of Signify Health, a tech platform that coordinates in-home healthcare services, beating out challengers like Amazon in a bidding war. The deal moves the drugstore giant away from your neighborhood pharmacy and into your home. “This acquisition will enhance our connection to consumers in the home and…
The Justice Department’s probe of former President Donald Trump is not the first time an ex-president has been investigated. The DOJ’s inquiry into the possession of classified documents is now on hold after a judge granted Trump’s request to appoint a special master to oversee the records. Straight Arrow News contributor Ben Weingarten warns that…
It’s been quite the roller coaster for energy prices this year. After hitting record highs in March, oil prices have steadily declined to give drivers a much-needed reprieve at the pump. Now, because of those falling prices, OPEC and its allied oil-producing countries, including Russia, are going to trim back their global output. The OPEC+ coalition announced this week it…
Should each generation be more successful than the last? And what defines success? Is it making lots of money? Moving up the career ladder? Or is it following your passion? Whatever it is, there’s no guarantee that your kids are going to be more successful than you, even if they work harder. Millennials, for instance,…
President Joe Biden spent his Labor Day working. He made campaign stops in Milwaukee, Wisconsin and Pittsburgh, Pennsylvania to push for Democratic candidates and policies in those key battleground states. The president repeated the message from his speech Thursday night at Independence Hall in Philadelphia, saying MAGA Republicans are a threat, and people should vote…
The FBI’s search of former President Trump’s home is unprecedented. But the ongoing federal investigation into a former president is not a first for this country. “Well it’s certainly not the first time there’s been a high level investigation of an ex president. And the most recent example is Bill Clinton,” presidential historian and former professor…
Federal Reserve Chairman Jerome Powell announced a second .75% increase in the federal funds rate following the Fed’s July meeting. A month later, at a speech in Jackson Hole, Wyoming, Powell was more emphatic about how lowering inflation would mean slower growth, a softer labor market and economic pain for many households. Straight Arrow News…
Even though job growth slowed in August with 315,000 jobs added compared to the more than 500,000 added in July, according to some economists, the number indicates underlying strength in the U.S. economy. These numbers were released after Federal Reserve Chairman Jerome Powell’s comments at the Jackson Hole Economic Symposium warning of “some pain ahead”…
California’s last nuclear power plant, the Diablo Canyon facility, is supposed to close in 2025. However, lawmakers voted this week to keep it open for a few more years. The Diablo Canyon plant is California’s largest single source of electricity and supplies 15% of the state’s clean energy. Located on a bluff overlooking the Pacific…
Mississippi, the poorest state in the Union, gets millions of dollars every year from the federal government to help the state’s neediest families. But instead of helping poor people, the State Auditor said around $70 million was spent on things like horse farms and first class travel, even paying $1.1 million to Brett Favre, a…
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