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Sen. Bernie Sanders, I-VT, said he’s willing to shut down the government for the sake of the climate, and he’s not alone. He, along with 59 members of the House Progressive Caucus, are expressing deep concern about permitting provisions for oil and gas leases that are set to be included in an upcoming government spending…

Concerns about the economy are forcing some companies to move ahead with job cuts. About 50% of surveyed execs say layoffs are on the way.

Concerns about the state of the economy come with worries about job security. In fact, half of companies are expecting to cut staff according to a PwC survey of more than 700 executives. The same survey found many executives are also planning hiring freezes and even rescinding job offers. But many companies have already trimmed…

The battle to bring down inflation may be more painful than the Fed has let on, economists warned Thursday.

The battle to bring down inflation may be more painful than the Federal Reserve has let on. A new economic paper presented at a Brookings conference Thursday predicts inflation will remain well above target unless unemployment rises by more than the Fed projects. The Fed has previously said it expects unemployment will hit 4.1% by…

UK Prime Minister Liz Truss will implement a cap on domestic energy prices and lift a ban on fracking to increase energy production.

Britain’s new Prime Minister Liz Truss is addressing is the UK’s energy crisis. It’s a large part of the cost-of-living crisis that plagued the end of former Prime Minister Boris Johnson’s term. Truss’s plan breaks down into two parts. Truss will implement a cap on domestic energy prices for homes and businesses. For the next…

Recession in Germany is inevitable amid Russia's war in Ukraine and the energy shortage that has followed, Deutsche Bank's CEO warned.

Recession in Germany is unavoidable amid Russia’s war in Ukraine and the energy shortage that has followed, Deutsche Bank CEO Christian Sewing warned Wednesday. But his words of caution stretched beyond the country’s relationship with Russia, noting its dependence on China must also be examined. “Russia’s war against Ukraine has destroyed a number of certainties…

President Biden announced a plan to forgive student loans up to $20K for qualifying individuals with college debts and not everyone is happy.

Getty Images In late August, President Biden unveiled a plan to forgive up to $20,000 in student loan debt for individuals who received a Pell Grant in college, as long as they earn less than $125,000 a year (or $250K for married couples). Non-Pell borrowers who meet those same income requirements will qualify for up…

Migration and Covid

The conversation over immigration remains a bitterly divisive topic in the United States. Texas Gov. Greg Abbott (R) just sent buses carrying 75 migrants to Chicago as part of his ongoing effort to protest what he calls President Biden’s “open border policies.” But there is another angle to the migrant issue. Straight Arrow News contributor…

The Deep State is playing the victim after the FBI raid on Mar-a-Lago, and portraying critics of the DOJ's actions as the guilty parties.

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…

A drop in oil prices is prompting OPEC to scale back production. The announcement comes as federal leases under Biden are at a record low.

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…

Despite Fed Chairman Jay Powell claiming the fed funds rate was approaching “neutral," make no mistake, more rate hikes are coming.

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…

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