Author: John Hugh DeMastri

23
Aug
2022
14
Posted in Uncategorized

Former Republican Governor Wins Florida Democratic Primary

Former Republican governor and current Democratic Rep. Charlie Crist of Florida has defeated Democratic Commissioner of Agriculture Nikki Fried in Florida’s Democratic gubernatorial primary, according to PBS News. Crist won... Read More... “Former Republican Governor Wins Florida Democratic Primary”
23
Aug
2022
15
Posted in Uncategorized

Businesses Make More Cuts In August, Signaling An Increasingly Weakening Economy

Preliminary data from S&P’s Purchasing Managers’ Index, a prominent measure of business activity, indicates that U.S. businesses are cutting activity at the highest rate in more than two years. The... Read More... “Businesses Make More Cuts In August, Signaling An Increasingly Weakening Economy”
22
Aug
2022
9
Posted in Uncategorized

Democrats’ Massive Climate Bill Might Violate Critical South Korean Trade Deal

The South Korean parliament will consider whether new rules implemented by the U.S. in the Inflation Reduction Act regarding tax credits for electric vehicles violate the rules established by the... Read More... “Democrats’ Massive Climate Bill Might Violate Critical South Korean Trade Deal”
22
Aug
2022
7
Posted in Uncategorized

Americans Think Student Loan Forgiveness Will Make Inflation Worse: POLL

As the Biden administration is expected to reveal whether it intends to extend the moratorium on student loan payments or forgive student loan payments entirely, a new poll by CNBC/Momentive... Read More... “Americans Think Student Loan Forgiveness Will Make Inflation Worse: POLL”
22
Aug
2022
7
Posted in Uncategorized

Economists: Inflation Can’t Be Reined In Without Tanking The Economy

Nearly three quarters of business economists believe that the Federal Reserve will not be able to bring inflation back to its target of 2% in the next two years without... Read More... “Economists: Inflation Can’t Be Reined In Without Tanking The Economy”
20
Aug
2022
9
Posted in Uncategorized

Ten House Republicans Voted To Impeach Trump — Here’s What Happened To Them

Of the ten House Republicans who voted to impeach former President Donald Trump, only two have survived their primaries to make it to the general election in November, each of... Read More... “Ten House Republicans Voted To Impeach Trump — Here’s What Happened To Them”
16
Aug
2022
8
Posted in Uncategorized

White House Climate Official Violates Ethics Code Of Major Science Org

White House climate aide Jane Lubchenco was sanctioned by the National Academy of Sciences (NAS) today for violating its Code of Conduct, Axios reported Tuesday. Lubchenco, who is the deputy... Read More... “White House Climate Official Violates Ethics Code Of Major Science Org”
12
Aug
2022
8
Posted in Uncategorized

Yellen Promises $79 Billion IRS Funding Package Will Only Target The Wealthy

U.S. Secretary of the Treasury Janet Yellen claimed that the Internal Revenue Service’s (IRS) expanded auditing power would only target the wealthy in a Thursday letter to the agency, outlining... Read More... “Yellen Promises $79 Billion IRS Funding Package Will Only Target The Wealthy”
10
Aug
2022
6
Posted in Uncategorized

Inflation Rages On As Gas, Food Prices Squeeze Americans

Inflation remains at historic highs, at 8.5% from July 2021 to 2022,  according to a Bureau of Labor Statistics (BLS) report released Wednesday, as the Biden administration takes a victory... Read More... “Inflation Rages On As Gas, Food Prices Squeeze Americans”
08
Aug
2022
5
Posted in Uncategorized

Congress May Have Missed Its Chance To Break Up Big Tech

Congress will enter its August recess with Senate Majority Leader Chuck Schumer having not put a bipartisan antitrust bill targeting large U.S.-based technology companies up for a vote, leading some... Read More... “Congress May Have Missed Its Chance To Break Up Big Tech”