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Oct 13 2021
Headline Roundup
Port of LA, Major Shipping Companies Switch to 24/7 Operations Amid Supply Chain Issues
In a speech Wednesday, President Joe Biden announced the Port of Los Angeles will move to 24/7 service in order to process long backlogs of incoming cargo. The Port of L.A. joins the Port of Long Beach in switching to a 24/7 schedule; those two ports handle roughly 40% of incoming container traffic to the U.S. Global supply chains have struggled to keep up with a surge in demand for goods as
BBC News New York Post (News) CNN BusinessJan 26 2023
Headline Roundup
US Economy Grew 2.9% in Q4, and Grew 2.1% Overall in 2022
The U.S. economy grew 2.9% in the fourth quarter of 2022, and 2.1% overall for the year, according to the Bureau of Economic Analysis.
The Details: Economists cited across the political spectrum expected 2.6% gross domestic product (GDP) growth in Q4. The 2.9% jump followed 3.2% GDP growth in Q3. In contrast, GDP fell in the first half of 2022, after growing 5.9% in 2021 as the economy
CNBC Fox Business CNN BusinessSep 16 2021
Headline Roundup
Democrats Move to Raise Taxes on Businesses, Top Earners
Democratic lawmakers are acting to raise taxes on businesses and top earners, while also attempting to pass the Biden administration's $3.5 trillion spending plan through Congress and into law. Democrats on the House Ways and Means Committee recently proposed several key tax changes: raising the corporate tax rate for large companies from 21% to 26.5%; raising the top capital gains tax rate
Axios Yahoo News Washington TimesOct 11 2022
Headline Roundup
Which Issues are 2022 Candidates Highlighting in Campaign Ads?
Key Facts: Abortion, inflation, and crime are the issues appearing most often in 2022 midterm election campaign ads.
For Context: According to AdImpact, a tech firm that tracks ads, Democrats spent over $73 million on TV ads about abortion in September. Republicans, meanwhile, spent close to $40 million on crime-related ads and messaging last month, and as of July, the party had spent
Wall Street Journal (News) NPR (Online News) Washington ExaminerSep 10 2021
Headline Roundup
Perspectives: Biden's Call for Vaccine Mandates
The idea of mandating the COVID-19 vaccine has been one of the pandemic's more divisive issues, and that debate gained new momentum Thursday as President Joe Biden called for mandatory vaccines for roughly 100 million Americans. Biden said the vaccine should be mandated for federal employees, with no alternative option for weekly testing. He also called for private companies with 100+ workers
Associated Press Fact Check Newsweek ReasonSep 09 2021
Headline Roundup
Biden Announces New COVID-19 Measures, Including Vaccine Mandate for Companies With 100+ Employees
President Joe Biden announced several new measures to fight COVID-19 in a Thursday speech, including requiring all executive branch employees and government contractors to get vaccinated without the option of getting tested weekly instead. Biden also said that the Department of Labor was preparing to require companies with over 100 employees to provide paid time off for vaccinations and
Axios Fox News (Online News) PoliticoOct 01 2022
Headline Roundup
Who Sabotaged the Nord Stream Pipelines?
In the days since a series of explosions ruptured both Nord Stream pipelines connecting Russia to Germany, there has been no shortage of finger pointing and accusations from global leaders. In terms of media coverage, two world powers have received extraordinary attention as potential culprits— Russia and the United States. Both sides have denied involvement and pointed out the other’s
Washington Examiner Vox ReutersDec 31 2022
Headline Roundup
Wall Street Wraps Up Worst Stock Market Year Since 2008
2022 was a tough year for Wall Street, as the stock market saw its largest overall drop in over a decade.
Major Players: All three major stock indexes saw their worst market years since the financial crisis of 2008. Over the course of 2022, the Dow Jones Industrial Average fell 8.8% and the S&P 500 fell 19.4%. The Nasdaq, home to many technology stocks, suffered the worst, falling
CNBC Fox Business CNN BusinessMar 25 2022
Headline Roundup
Unemployment Claims Hit 52-Year Low
New applications for unemployment benefits fell by 28,000 last week to 187,000, the lowest number of initial claims since September 1969.
Continuing jobless claims also fell to 1.35 million, the least since January 1970, according to the Department of Labor. Both the number of new and continuing claims were lower than expected, continuing weeks of economic overperformance relative to
BBC News Washington Examiner Yahoo NewsAug 31 2022
Headline Roundup
Flooding in Pakistan Leaves Over 1,100 Dead, Millions Impacted
Two months of unprecedented rainfall in Pakistan has resulted in record-breaking flooding, leaving one third of the country underwater, over 1,100 dead and an estimated $10 billion in damage.
The United Nations has issued an appeal for $160 million in emergency funding for the country, and the U.S. has pledged $30 million in humanitarian aid. This comes after an already devastatingly
Deseret News Business Insider Newsweek