The Federal Reserve on Wednesday hiked its benchmark interest rate by 75 basis point for the fourth straight meeting, sending the target rate to a range of 3.75%-4%, its highest since the beginning of 2008. The aggressive rate hike was expected in the Fed’s battle to bring down inflation, which in 2022 is at its…

One week out from election day, polling indicates three key Governors races are tightening. Republicans have gained momentum in Arizona, Michigan and Wisconsin, races that range from toss-up to lean-Democrat.  Arizona Former TV news anchor Kari Lake, R, trailed as recently as September to Secretary of State Katie Hobbs, D. But according to an average…

As the midterm elections get closer, Republicans and Democrats are scrambling to secure every last vote they can. With Republicans looking strong in the polls, Democrats have adjusted their strategy quite a bit through messaging and campaign funds. “The amount of undecided voters has stayed fairly large leading up to election day,” Republican strategist Ash Wright…

Money and politics go hand in hand and the totals going back to 2008 reveal the relationship is only growing stronger. In 2020, spending in federal elections totaled $14.4 billion. It’s been increasing for more than a decade:    2016: $6.5 billion 2012: $6.3 billion 2008: $5.3 billion Does money drive election results?  Empirical analysis shows…

The all-important midterm elections are just over a week away, and legal challenges are already being filed in an attempt to cast doubt over the results. Republicans are favored by most pollsters to retake control of the House, as voters appear most concerned with record-high inflation and economic uncertainty. Straight Arrow News contributor Star Parker says…

New polling revealed the economy has become more important to voters in the run-up to the midterm elections and Republicans are the party of choice to fix it. In a USA Today/Suffolk University generic party-preference poll, voters preferred Republicans 49%-45%.  That is a change from polling 100 days before the election in July when Democrats…

Adidas has parted ways with Kanye West, now known as Ye, over recent antisemitic remarks. The brand said it will cost it $246 million dollars this year as it loses out on highly lucrative Yeezy-branded products. West has been dropped by several other partners – including Gap – amid the backlash, dropping him from the…

With the balance of the Senate at stake, no state has been more indicative of the divide between Republicans and Democrats than Nevada. Sen. Catherine Cortez Masto (D-NV) is in the heated race for her seat with the state’s former Attorney General Adam Laxalt (R). Polling has been tight. A recent Univision poll showed Cortez Masto…

Inflation is synonymous with the consumer price index, which comes out less than two weeks after the end of each month. But there’s more than one way to measure inflation, and CPI is not the Federal Reserve‘s favorite one. When Fed Chair Jerome Powell says “My colleagues and I are strongly committed to bringing inflation…

After starting the year with two consecutive quarters of negative economic growth, the U.S. economy has turned it around in the third quarter. Real gross domestic product increased at an annual rate of 2.6%, according to the advanced estimate by the Bureau of Economic Analysis. The positive growth follows the second quarter’s 0.6% contraction and…