Marijuana legalization advocates rally outside the White House in Washington, DC (Photo by … [+] Marvin Joseph/The Washington Post via Getty Images) The Washington Post via Getty Images Federal marijuana reform and legalization is a matter of “when”, not “if”. But based on the structural dynamics of Congress and the complexities of administrative action, the …
Why markets should be skeptical of federal marijuana reform Read More »
It may not have risen much, and it’s off an all-time low, but for the first time during his presidency, Joe Biden’s approval rating on Main Street has gone up. After reaching an approval rating among small business owners of 31% during the third quarter of 2022, when inflation peaked, President Biden’s approval rating rose …
For the first time in his presidency, Biden’s approval rating on Main Street rises Read More »
It may not have risen much, and it’s off an all-time low, but for the first time during his presidency, Joe Biden’s approval rating on Main Street has gone up. After reaching an approval rating among small business owners of 31% during the third quarter of 2022, when inflation peaked, President Biden’s approval rating rose …
For the first time in his presidency, Biden’s approval rating on Main Street rises Read More »
London CNN Business — The world’s largest economic relationship has fallen on hard times. The European Union and the United States – together responsible for a third of global trade – have clashed in recent weeks over US President Joe Biden’s landmark $370 billion climate plan. The Inflation Reduction Act (IRA), which was passed by …
Just a few small issues to fix. Photo: Eveleyn Hockstein (Reuters) The landmark Inflation Reduction Act is the largest U.S. contribution yet to meeting global emissions reduction goals. And the American allies are not happy about it. Certainly, they are happy to see that the United States is (finally) spending hundreds of billions of dollars …
Why Europe is quietly mad about the US climate bill Read More »
Wake up, America. That ticking you hear is the US debt time bomb that with each passing day is about to explode and crash the US economy. Businesses, consumers, and especially federal and state governments have become addicted to red ink as if it were crack. Two factors fueled this borrowing frenzy: an era of …
America’s ticking time bomb: $66 trillion in debt that could bring down the economy Read More »
President Joe Biden has signed a bill making a railroad strike illegal, preventing workers from leaving work weeks before the holiday season. “The bill I’m about to sign ends a difficult rail dispute and helps our country avoid what, no doubt, would have been an economic disaster at a very bad time in the calendar,” …
Biden signs bill averting railroad strike despite lack of paid sick leave Read More »
My Top 10 Things to Watch Friday, December 2, 2022 1. US stock futures point to a weaker open as bond yields rise on stronger-than-expected job growth and wage inflation in November. Non-farm payrolls increased by 263,000. The country’s unemployment rate remains, as expected, at 3.7%. Average hourly earnings up 0.6% month-over-month and 5.1% year-over-year, …
WASHINGTON (AP) — The U.S. House of Representatives moved urgently to end the looming nationwide railroad strike on Wednesday, passing a bill that would bind businesses and workers to a proposed settlement concluded in September but rejected by some of the 12 unions concerned. The measure passed by a vote of 290 to 137 and …
House votes to avoid rail strike and force union deal Read More »
Press play to listen to this article Expressed by artificial intelligence. BERLIN – It’s cold in Europe, the economy is collapsing and the natives are restless. There is only one answer: Blame America. Pointing across the Atlantic has long been a favorite diversionary tactic of European political elites when things start to get dicey on …
