Dems, GOP talk up deficit reduction, but don't act Liberals' loud objections to White House proposals for slowing the growth of huge social programs make it clear that neither political party puts a high priority on reducing the deficit, despite much talk to the contrary.... More
Where the Budget Cut Pain Is Really Being Felt "It's in areas like health care, education and job training," Packer said. "Programs are closing or are being cut, layoffs are happening. It's not just waiting in line a bit longer at the airport." More
Obama lovers are mad at him Wednesday morning, President Barack Obama became the first Democratic president ever to propose cutting Social Security. Democrats spend so much time defending the president, it is easy to forget that even the most beloved presidents make mistakes and missteps. His new budget, which proposes a new method of calculating inflation increases in Social Security payments, is a doozy. More
Obama unveils new budget plan and gets tepid Republican response President Barack Obama unveiled his proposed Fiscal Year 2014 budget plan Wednesday in the White House Rose Garden, offering a combination of new spending initiatives and tax increases aimed at creating jobs and reducing future budget deficits. In his remarks, Obama called his plan “a fiscally responsible blueprint for middle-class jobs and growth.” More
Alphabet revenue sets all-time record with $80.5 billion gain Starting with total revenue, Alphabet generated $80.54 billion in revenue in Q1 2024, a 15 percent increase from $69.8 billion in Q1 2023. The company's operating revenue is also $25.5 billion, while ... 04/26/2024 - 4:01 pm | View Link
Spotify Hits 239M Paying Subs in First Quarter First quarter quarter revenue rose 20 percent to €3.6 billion ($3.84 billion). During the latest quarter, Spotify swung to pre-tax income of €174 million ($185.4 million), against a pre-tax loss of ... 04/23/2024 - 9:57 am | View Link
US Oil and Gas M&A Hits Quarterly Record After Blockbuster 2023 HOUSTON (Reuters) - U.S. oil and gas deals hit a record $51 billion in the first quarter, a continuation of last year's fierce merger pace centered in the top U.S. shale field, data provider Enverus ... 04/23/2024 - 2:51 am | View Link
Latin Music Revenue Hits $1.4 Billion in Second Year as the Fastest Growing U.S. Market, Per RIAA Report Latin music revenue in the U.S. outpaced the overall music market for a second consecutive year, hitting a new high of $1.4 billion. 04/23/2024 - 1:00 am | View Link
Spotify Q1 Results: User Growth Slows, Streamer Swings to Profit as It Hits 239 Million Premium Subscribers Spotify netted fewer new users than expected in Q1 2024, but the audio-streaming giant touted "record strength" in profitability. 04/22/2024 - 11:53 pm | View Link
Democratic Mayor Karen Bass of Los Angeles tells CNN's Dana Bash that "people are willing and ready to leave the streets" and "we have destroyed the myth that people choose to be on the streets and that they won't leave."
On CNN's State of the Union, Dana Bash presses Sen. Bernie Sanders about comments by Rep. Ilhan Omar suggesting that some Jewish students are "pro-genocide."
Independent Sen. Bernie Sanders tells CNN's Dana Bash that antisemitic incidents at protests should be condemned but says "we do have to pay attention to the disastrous and unprecedented humanitarian disaster" in Gaza.
Before guests could get inside last night’s White House Correspondents’ Dinner, they had to wade through a crowd of pro-Palestinian protesters who reminded them of the journalists who have been killed covering Israel’s war on Gaza.
The annual dinner, nicknamed “nerd prom,” is hosted by the group of journalists who cover the White House and attended by members of the media, politicians, and celebrities alike.
On Saturday, just as Utah Republicans were gathering for their annual nominating convention, former President Donald Trump endorsed Senate candidate Trent Staggs, an upstart small-town mayor who has been carefully cultivating endorsements from national MAGA celebrities. The endorsement helped Staggs prevail over nine other candidates in the crowded convention race to replace retiring Sen.
It turns out that not even a famous last name, support from the conservative Federalist Society and its powerful leader, and a boatload of dark money can turn a Republican candidate into the next senator from Utah.
In early January, Brent Orrin Hatch threw his hat into a crowded GOP primary race that will decide who replaces Sen.