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Jun 15 2022
Headline Roundup
Fed Raises Interest Rates by 75 Basis Points to Fight Inflation
The Federal Reserve said Wednesday that it would raise its benchmark interest rate 0.75 percentage points — the largest one-time increase since 1994 — in an attempt to curb persistent high inflation.
Wednesday’s rate hike marks an acceleration from May’s 0.50-point increase; inflation sped up in May after slowing down in April. Some experts have raised concerns that larger rate hikes
Associated Press Fact Check CNBC Fox BusinessJan 07 2021
Headline Roundup
Congress Certifies Biden Win, Trump Promises "Orderly Transition"
Congress certified President-elect Joe Biden's victory shortly before 4:00 a.m. ET Thursday. After the official certification, President Donald Trump released a statement saying "there will be an orderly transition" on Jan. 20, while also maintaining unsubstantiated claims of decisive voter fraud. The conclusions followed chaos in Washington D.C. Wednesday, as Trump supporters breached the U.S
NPR (Online News) New York Post (News) NBC News (Online)Jan 05 2021
Headline Roundup
Drug Overdose Deaths Climb During Pandemic
Between June 2019 and May 2020, there were over 81,000 drug-related deaths in the U.S, according to the CDC. That number rose 18% from the previous 12-month period, and some public health officials say it's likely an undercount. The figure represents the highest amount of drug overdose deaths in any year-long period in U.S. history.
The news was covered by outlets across the spectrum,
PBS NewsHour The Epoch Times Los Angeles TimesMay 15 2020
Headline Roundup
Retail Sales Drop by Record 16.4 Percent
Consumers spent a record 16.4% less on retail shopping in April, as businesses remained closed and potential shoppers stayed home amid the COVID-19 coronavirus pandemic. The outbreak's impact on the business sector, specifically smaller and more customer-reliant businesses, has been a point of concern, as some entities may not recover from such significant financial disruption. The drop was
New York Times (News) CNBC MarketWatchApr 18 2020
Headline Roundup
Trump's 'Liberate' Tweets Spark Controversy
President Donald Trump's call for protesters to "liberate" states instituting coronavirus lockdown measures sparked widespread controversy on social media and elsewhere on Friday, a day after the Republican announced steps to reopen the nation's economy. In a series of all-caps tweets, Trump singled out three states -- namely, Virginia, Michigan, and Minnesota -- where largely conservative
Fox News (Online News) USA TODAY NBC News (Online)Aug 23 2021
Headline Roundup
Capitol Police Says Officer Who Shot Ashli Babbitt Acted Lawfully
The Capitol Police officer who fatally shot Ashli Babbitt during the Jan. 6 Capitol riot acted lawfully and “potentially saved Members and staff from serious injury and possible death,” U.S. Capitol Police said Monday. “USCP's Office of Professional Responsibility (OPR) determined the officer's conduct was lawful and within Department policy, which says an officer may use deadly force only
CNBC National Review (News) ABC News (Online)Aug 18 2022
Headline Roundup
Rivers Run Dry as Droughts and Heat Waves Persist in North America, Europe and Asia
Rivers around the world are seeing record low water levels as droughts and heat waves persist.
Low water levels in the Colorado River led the Interior Department to announce water allocation cuts for several U.S. states and parts of Mexico. Some states, like Arizona, will have to use as much as 21% less water from the river in 2023. Other rivers seeing low water levels include Germany’s
The Daily Wire The Guardian The HillMay 25 2020
Headline Roundup
Trump Threatens to Move RNC Out of North Carolina
President Donald Trump threatened Monday to pull the Republican National Convention (RNC) out of Charlotte, North Carolina, over a dispute with Gov. Roy Cooper (D) about possibly limiting attendance due to the COVID-19 coronavirus pandemic. Each major party holds a convention every four summers to determine its presidential nominee; this year's RNC is scheduled for August 24-27.
Some
Politico Associated Press New York Post (News)Jun 10 2022
Headline Roundup
What Can Be Done To Stop Inflation?
Inflation accelerated to 8.6% in May, spurred by rising gas, food and transportation prices. What can be done to stop this trend and prevent a recession?
Speaking at the Port of Los Angeles on Friday, President Joe Biden framed inflation as a global problem exacerbated by “Putin’s price hike.” Inflation is indeed global — India is facing 7.79% inflation, and the U.K.’s central bank is
Newsweek National Review (News) CNBCApr 23 2021
Headline Roundup
Caitlyn Jenner Announces Campaign for California Governor
Caitlyn Jenner—the longtime Republican, transgender activist, former reality TV star and Olympic gold medalist—officially announced her campaign for governor of California on Friday. Jenner, 71, joins a growing field of Republicans seeking to oust Democrat Gov. Gavin Newsom, who will likely face a recall election once California’s legislature verifies the roughly 2.1 million signatures
Reason USA TODAY NBC News (Online)