At a time when federal deficits clock in at $2 trillion annually and with interest rates at historic highs, Congress should avoid complicity with President Joe Biden’s supplemental spending gamesmanship. Topping off federal budgets under the guise of emergency spending should not be viewed in isolation. It is part of a time-honored tradition of hoodwinking taxpayers with false claims of urgency.
Monumental Sports CEO Ted Leonsis did not mention rising crime around Washington Capitol One Arena when he announced he was moving the Washington Wizards and Washington Capitals across the river to Alexandria, Virginia, but his organization has complained about it in the recent past.
After congressional hearings last week about antisemitism on college campuses, CNN’s Fareed Zakaria provided commentary on the topic that was simultaneously expected and shocking. Like most commentators, Zakaria slammed the universities and the presidents who testified before Congress. He then said the nation’s colleges and universities, especially the so-called academic elite universities, were “no longer seen as bastions of excellence but as partisan outfits.”
At the final Federal Reserve meeting of the year, the central bank has telegraphed more of the same. It held the federal funds rate at 5.25% to 5.5% and once again signaled that contrary to the hopes of investors, it would stay the course of "higher for longer."
The Trump campaign on Wednesday took a victory lap over a judge’s ruling to pause proceedings in the former president’s federal election interference case, claiming it “derails” the government’s efforts to try the case before the 2024 election. Campaign spokesperson Steven Cheung welcomed the decision by Judge Tanya Chutkan to pause proceedings while Trump appeals...
The Dow Jones Industrial Average hit an all-time high Wednesday, surpassing 37,000 for the first time, after the Federal Reserve opted to hold interest rates steady once again and signaled the possibility of rate cuts next year. The Dow closed at 37,090, up 1.4 percent, as the central bank indicated that its nearly two-year campaign...
An ex-Louisiana officer accused of violating Breonna Taylor's civil rights in a 2020 raid that led to her death will face a new trial, federal prosecutors announced Wednesday. The news comes after a federal jury last month reached an impasse, forcing a mistrial in the case against Brett Hankison. On March 13, 2020, officers in Louisville, Ky.,...