How the National Debt Affects Your Investments The deficit and the overall national debt have risen to such heights in a short period because the economy slowed down due to the pandemic, leading to a severe flash recession. This triggered the ... 05/1/2024 - 8:51 am | View Link
As Gaza cease-fire talks resume, the coming fight for Rafah looms large Israeli armored vehicles are parked in an area next to the Israeli-Gaza border, as seen from southern Israel on Thursday. (Leo Correa/AP) Fighting in Gaza began to ebb earlier this month as Israel ... 04/26/2024 - 2:59 am | View Link
Treasury Yields Reach 5-Month High, Lift Mortgage Rates; Expert Warns 'Federal Debt Blob Is Out Of Control' U.S. Treasury yields continue to rise, impacting mortgage market and economy. Bond ETFs down, mortgage rates highest since 2023, federal deficit concerns. 04/24/2024 - 5:23 am | View Link
Larry Summers and Natasha Sarin on U.S. economy, tax policy and national debt but also to hold off the huge accumulation of debt that we are suffering … Borrowing money and running a budget deficit is not an alternative to raising taxes or cutting spending it's a way of ... 04/16/2024 - 1:00 am | View Link
(WASHINGTON) A soon-to-be released Biden administration report to Congress does not conclude that Israel has violated the terms for its use of U. S. weapons.
That’s according to three people who have been briefed on the national security memorandum to be submitted by Secretary of State Antony Blinken to lawmakers. All three requested anonymity to discuss the matter before the report’s release.
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The report is expected to be sharply critical of Israel, even though it didn’t conclude that Israel violated terms of U.
(WASHINGTON) — The rate of guns stolen from cars in the U. S. has tripled over the last decade, making them the largest source of stolen guns in the country, an analysis of FBI data by the gun safety group Everytown found.
The rate of stolen guns from cars climbed nearly every year and spiked during the coronavirus pandemic along with a major surge in weapons purchases in the U.
(ST. PETERSBURG, Russia) — A bus veered off a bridge and plunged into a river on Friday in St. Petersburg, Russia’s second-largest city, killing seven people, officials said.
The Investigative Committee, Russia’s top criminal investigations body, reported the death toll. It did not state how many others were injured, but the emergencies ministry earlier said that six people removed from the bus were in critical or serious condition.
Russian news reports said there were 15 people on the city bus when it broke through a barrier and plunged into the Moika River in central St.
(CAPE CANAVERAL, Fla.) — An unusually strong solar storm headed toward Earth could produce northern lights in the U. S. this weekend and potentially disrupt power and communications.
The National Oceanic and Atmospheric Administration issued a rare geomagnetic storm watch — the first in nearly 20 years. That was expected to become a warning Friday night, when the effects of the solar outburst were due to reach Earth.
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NOAA already has alerted operators of power plants and spacecraft in orbit to take precautions.
“As far as the worst situation expected here at Earth, that’s tough to say and I wouldn’t want to speculate on that,” said NOAA space weather forecaster Shawn Dahl.
(UNITED NATIONS) — The U. N. General Assembly voted by a wide margin on Friday to grant new “rights and privileges” to Palestine and called on the Security Council to favorably reconsider its request to become the 194th member of the United Nations.
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The 193-member world body approved the Arab and Palestinian-sponsored resolution by a vote of 143-9 with 25 abstentions.
The United States vetoed a widely backed council resolution on April 18 that would have paved the way for full United Nations membership for Palestine, a goal the Palestinians have long sought and Israel has worked to prevent.
U.
A working paper from an independent body that gives economic advice to the Indian government has published controversial findings that critics say could sow communal discord between Hindus and Muslims during the ongoing parliamentary elections.
The paper, titled “Share of religious minorities: A cross-country analysis,” was published on May 7 by the Economic Advisory Council to the Prime Minister (EAC-PM).