Economics Daily Digest: Corporate Investment, Shareholder Payouts, Governance Over Elections

“The presidential election may come down to a city in the Midwestern prairie that is home to Warren Buffett — a prospect that is raising hopes among some Democrats that the once-prolific political donor will come off the sidelines to try to power President Joe Biden to reelection,” Bloomberg reports. “Back in 2016, the Berkshire Hathaway Inc.

“The U. S. is in talks with close partners to lead a group of allies that would give as much as $50 billion in aid to Ukraine, with the massive outlay being repaid with the windfall profits from sovereign Russian assets that have been frozen – and are accruing interest — mostly in Europe,” Bloomberg reports.

“Republicans have launched more than 30 investigations into the State Department since taking power in 2023, an unusually high number that is fueling partisan tensions,” Politico reports. “Democratic lawmakers and State Department officials say this particular chapter of the growing partisan rancor on Capitol Hill is affecting U. S. foreign policy: It distracts U.

Nevada Independent: “The lawsuit alleges that the four-day period for mail ballots postmarked by Election Day to be received violates federal law because it does not conform to the Election Day deadline established by the federal government.”

Reproductive rights organizers in two states with near-total abortion bans, Missouri and South Dakota, submitted roughly double the signatures needed to allow ballot measures that would put abortion before voters. In South Dakota, organizers have submitted 55,000 signatures in support of the ballot measure granting a limited right to abortion—far more than the 35,000 required.

The drag queen community goes mainstream and it's not a pretty picture.