Wind energy is facing a multi-billion dollar setback that some in the sector are calling the “industry’s first crisis.” New reports from The Wall Street Journal and The Washington Post point to problems with public approval and financing. These issues have resulted in 10 planned offshore wind projects spanning along the coasts of the United…

The Air Force base that serves as the military’s gateway to the Pacific could be the target of a massive Chinese spy operation on the U.S. military, according to a California congressman. The concern is over Flannery Associates buying land that surrounds three sides of Travis Air Force Base. Flannery has bought 52,000 acres of land…

Driving down inflation without major job losses is a balancing act the Federal Reserve rarely nails. But hope for a “soft landing” is growing after this past week, as is the hype. History tells us it could be too good to be true. “We were having these same types of discussions in 2000 and again…

According to a CNBC survey, President Biden’s economic approval rating stands at 37%, which marks a 3% improvement from the prior survey in April. Though a handful of Biden’s policies may have benefitted some working-class Americans, many of the Democrat voters he needs to win in 2024 cite inflation and higher interest rates as major…

The United States avoided what could have been one of the largest and costliest strikes in American history when UPS and the Teamsters reached a deal Tuesday, July 25. The agreement, which sees major pay hikes for both part- and full-time workers, is the latest in a streak of wins U.S. labor unions have scored…

A Biden administration policy that imposes limits on asylum seekers has been blocked by a federal judge. And we have an update on the condition of LeBron’s James’ son Bronny after he suffered cardiac arrest during basketball practice. It’s time for The Rundown for Wednesday, July 26, 2023. Judge blocks Biden asylum policy A federal…

Whatever happened to that recession? Several months ago, top economists predicted the country would be in a recession right now. Instead, consumer confidence just hit a 2-year high in July, the U.S. unemployment rate is 3.6%, and gross domestic product numbers due this week are expected to show a growing economy for the second quarter…