Business Insider,
by
Will Daniel
Original Article
Posted by
NorthernDog
—
5/15/2021 1:50:12 PM
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Wharton professor Jeremy Siegel said inflation could spike to 20% in the next two or three years due to "unprecedented" fiscal and monetary stimulus and an explosion of the US money supply. "I'm predicting here that over the next two, three years, we could easily have 20% inflation with this increase in the money supply," Siegel said in a recent interview with CNBC. (Snip) Siegel noted that the total money supply in the US has gone up almost 30% since the start of the year alone. "That money is not going to disappear. That money is going to find its
Yahoo! Finance,
by
Denitsa Tsekova
Original Article
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NorthernDog
—
5/15/2021 9:18:24 AM
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The Internal Revenue Service is reviewing the tax returns of 10 million people and will begin issuing additional refunds this week to those who paid too much in taxes for their 2020 unemployment benefits. "The IRS identified over 10 million taxpayers who filed their tax returns prior to the American Rescue Plan of 2021 becoming law in March and is reviewing those tax returns to determine the correct taxable amount of unemployment compensation and tax," the agency said in a statement on Friday. "This could result in a refund, a reduced balance due or no change to tax (no refund
Politico,
by
Andrew Desiderio
Original Article
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NorthernDog
—
5/15/2021 9:08:02 AM
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Democrats are heading for a major reckoning over the U.S. relationship with Israel, amid a spiraling escalation of violence in recent days that has put pressure on President Joe Biden to get tougher on the Israeli government. The prospect of forced evictions of Palestinians in east Jerusalem and a sustained rocket campaign against Israel this week have laid bare the increasingly thorny political dynamic facing congressional Democrats, more of whom are beginning to question the lockstep bipartisan support for Israel that has existed across Washington. While not abandoning America’s historically strong ties to Israel, Democrats aren’t flinching this week in
Newsweek,
by
James Walker
Original Article
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NorthernDog
—
5/14/2021 12:16:08 PM
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Congresswoman Liz Cheney lectured Fox News host Bret Baier on Thursday in a heated interview about her ouster from the GOP leadership, and the importance of Americans knowing that the 2020 presidential election wasn't stolen. The Wyoming Republican said that Fox News had an "obligation" to make sure viewers knew a second term in the White House wasn't stolen from former President Donald Trump in November last year as Baier defended the network. Fox News hosts, including Baier, have previously pushed back on guests trying to cast doubt over the 2020 election result. The network also ran a package debunking
Washington Post,
by
Tonya Riley
Original Article
Posted by
NorthernDog
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5/14/2021 8:28:40 AM
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The issue of whether the U.S. government is doing enough to tackle international cybercriminals moved to center stage this week after the high-profile attack on a major East Coast energy supplier. Even though Colonial Pipeline has restarted operations, there are still lingering questions about the group that executed the attack and how to prevent future assaults on critical infrastructure. In a news conference yesterday, Biden emphasized the U.S. government's belief that the cybercriminals behind the pipeline company attack are based in Russia – which has become a safe harbor for such groups – but do not work directly for the Russian government.
New York Times,
by
Dave Philipps
Original Article
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NorthernDog
—
5/13/2021 8:00:39 PM
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CHEYENNE, Wyo. — On a prairie hill on the rolling highway into Wyoming’s capital city looms a billboard with the beaming face of the state’s lone congressional representative, Liz Cheney. In huge letters it declares: “Thank you Rep. Cheney for defending the Constitution.” (Snip) But many others are quick to point out that the billboard was put up by an out-of-state dark money group, a sign of outsiders meddling. And among locals in this state that voted in a landslide for Trump, few are thankful for much of anything Cheney has done lately, and have vowed to vote her out
WUSA-TV [Washington DC],
by
Laura Wainman
Original Article
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NorthernDog
—
5/13/2021 1:56:03 PM
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VIRGINIA — The DMV has been hit particularly hard by the ongoing gas shortage concerns, following a cyberattack over the weekend on the Colonial Pipeline. New data released by GasBuddy Thursday morning showed that more than 50% of Virginia's gas stations were out of gas, while the District neared 50% as well. Patrick De Haan, a senior petroleum analyst at GasBuddy, is tracking outages up and down the East Coast. Virginia has 55% of stations reporting gas shortages, while 47% of D.C. stations and 34% of Maryland stations are out of gas. Those numbers climbed from 44%, 10% and 11%, respectively
People,
by
Sean Neumann
Original Article
Posted by
NorthernDog
—
5/13/2021 9:54:17 AM
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An Illinois lawmaker this week introduced a proposal that he said is aimed at stopping discrimination in schools based on a student's hair — citing his own experience growing up. State Sen. Mike Simmons, a Democrat from the northside of Chicago, introduced his legislation on Monday. If passed, it would bar schools from having rules against "hairstyles historically associated with race, ethnicity, or hair texture," specifically referring to "hairstyles such as braids, locks, and twists." "No student should be forced to compromise their identity, nor should we continue to allow young people to be traumatized like this in 2021," said Simmons
USA Today,
by
Elinor Aspegren Michael James
Original Article
Posted by
NorthernDog
—
5/13/2021 8:36:07 AM
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Colonial Pipeline said Wednesday that it has resumed gas pipeline operations after it was forced to halt after being hit with a cyberattack last week. The shut-off of the pipeline, the primary fuel conduit serving the East Coast, spurred many people on the east coast and in the southeast into panic-buying — with some hoarding gas — and drained supplies at thousands of gas stations.Average gas prices are above $3 and some stations in the Southeast are running out or low on fuel. Across the state of North Carolina, for example, 71% of stations were out of gas as of Wednesday evening
Canadian Broadcasting Corp. Radio [Toronto],
by
Staff
Original Article
Posted by
NorthernDog
—
5/12/2021 5:43:45 PM
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Despite Michigan's deadline today for Enbridge to shut down Line 5, the Calgary-based company's pipeline continues to operate amid a dispute involving governments on both sides of the border. An Enbridge spokesperson confirmed operations Wednesday have not been impacted. Line 5 goes through the Straits of Mackinac, which separate Lakes Michigan and Huron. The nearly seven-decade-old pipeline carries petroleum from Western Canada through Wisconsin and Michigan, and ends at refineries in Sarnia, Ont.
(Snip) Michigan Gov. Gretchen Whitmer has called the pipeline a "ticking time bomb" and wants it shut down citing environmental concerns. In November, she revoked the 1953
CNBC,
by
Yun Li
&
Maggie Fitzgerald
Original Article
Posted by
NorthernDog
—
5/12/2021 5:33:22 PM
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U.S. stocks declined sharply on Wednesday as hotter-than-expected inflation data triggered massive selling, especially in technology shares. The Dow Jones Industrial Average fell 681.50 points, or 2%, to 33,587.66, posting its worst day since January. The blue-chip benchmark tumbled as much as 713 points at its session low. The S&P 500 lost 2.1% to 4,063.04 for its biggest drop since February, while the tech-heavy Nasdaq Composite slid 2.7% to 13,031.68, bringing its weekly decline to more than 5%. Inflation accelerated at its fastest pace since 2008 last month with the Consumer Price Index spiking 4.2% from a year ago, compared
WRAL-TV [Raleigh NC],
by
Kirsten Gutierrez
Original Article
Posted by
NorthernDog
—
5/12/2021 1:01:40 PM
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KNIGHTDALE, N.C. — Frustrations were high on Tuesday as people rushed to gas stations to top off their tanks amid fears of a fuel shortage caused by the shutdown of a major pipeline. One man caught an intense altercation on camera at a Marathon gas station in Knightdale. (Snip) He said that, after crashing into the man's car, the woman got out and spit on the man while yelling. The man then got out of the car and spit on the woman. Rashaad said that's when the fight began. The video he took captured the two push and pull at each
Comments:
They park was almost destroyed.