By all available accounts, the Federal Reserve’s unilateral war against the worst inflationary crisis in 40 years is going precisely according to plan. The fastest monetary tightening cycle since the Volcker era in the early 1980s has succeeded in bringing down consumer price index inflation from the near-double digits to 3.2% as of this February. […]
When California voters were first sold on the vision for a high-speed train connecting San Francisco to Los Angeles back in 2008, they were told the 500-mile system would cost $33 billion and would be completed by 2020. Last week, the CEO of California’s High-Speed Rail Authority testified in Sacramento that a much smaller 170-mile […]
In a recent episode of his wildly popular podcast, conservative commentator and author Ben Shapiro drew viral attention for arguing that the concept of retirement is “stupid” and that people should work until they die. While much of Shapiro’s monologue on the topic dealt with increasing the retirement age for Social Security and Medicare to […]
A 36-year-old man was in critical condition Thursday evening after he was shot in the head on a crowded subway train as it approached a Brooklyn, N.Y. station following a heated altercation, police said at a news conference. The shooting took place after a 32-year-old man boarded a train at the Nostrand Avenue station at about...
A federal judge has rejected Sen. Bob Menendez’s (D-N.J.) claims that he has legislative immunity, and therefore cannot be prosecuted in the initial four conspiracy charges against the New Jersey lawmaker. U.S. District Judge Sidney H. Stein in Manhattan ruled Thursday that the embattled senator cannot evade prosecution based on what he does in the...
The U.S. Food and Drug Administration (FDA) has approved the first drug to treat serious liver disease, the agency announced in a release Thursday. The FDA approved Rezdiffra (resmetirom) for the treatment of adults with a common form of liver inflammation called nonalcoholic steatohepatitis, or NASH. NASH, also known as metabolic dysfunction-associated steatohepatitis, or MASH,...
Mick Mulvaney, who served as former President Trump’s acting chief of staff, said in a Thursday interview he recalled billionaire Elon Musk visiting the White House “fairly regularly” while Trump was in office. “This is a dynamic that goes back several years — Elon Musk was in the White House fairly regularly when I was...
Retired federal judge J. Michael Luttig issued a searing rebuke of the Supreme Court’s unanimous decision that Colorado could not disqualify former President Trump from the ballot under the 14th Amendment’s insurrection ban, preserving his ability to seek a second term. In a piece published in The Atlantic on Thursday, Luttig, a longtime conservative jurist on...
Republican National Committee (RNC) co-chair Lara Trump denied reports from earlier this week that the newly staffed committee shut down its community centers focused on minority voter outreach. Multiple outlets reported on Monday that the RNC is cutting staff across multiple departments, just days after the committee convened in Houston to approve the new leadership team headed...