Washington Examiner,
by
Zachary Halaschak
Original Article
Posted by
NorthernDog
—
10/13/2022 8:57:05 AM
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Inflation clocked in worse than expected at 8.2% for the 12 months ending in September according to the consumer price index, bad news for the country’s economic health. The much-anticipated numbers reported by the Bureau of Labor Statistics on Thursday revealed that while it ticked down by one-tenth of a percentage point, inflation is still higher than anticipated and defying the Federal Reserve's aggressive interest rate hikes. Worse, "core inflation," which strips out volatile food and energy prices, rose sharply in September. On an annual basis, it rose to a whopping 6.6%, the highest since 1982. The Thursday morning report
Fox Business,
by
Megan Henney
Original Article
Posted by
NorthernDog
—
10/12/2022 9:03:29 AM
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Inflation at the wholesale level rose more than expected in September as prices for everyday necessities remain at a multi-decade high, squeezing businesses and millions of American households. The Labor Department said Wednesday that its producer price index, which measures inflation at the wholesale level before it reaches consumers, rose 0.4% in September from the previous month. On an annual basis, prices soared 8.5%. Those figures were both higher than the 8.3% headline figure and 0.3% monthly gain forecast by Refinitiv economists, a worrisome sign for the Federal Reserve as it seeks to cool price gains and tame consumer demand
Bloomberg News,
by
Brett Pulley
Original Article
Posted by
NorthernDog
—
10/11/2022 11:46:27 AM
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With the November election just weeks away, Georgia Democrat Stacey Abrams is dealing with an unusual political problem. She has become a star on the national political stage. But in her own state -- where she has proved in recent presidential and Senate contests that she can get out the vote for Democratic candidates -- she is struggling to gain momentum for her rematch with Republican Governor Brian Kemp. One problem is tepid enthusiasm among a key segment of the Democratic base: Black men. One-third of Black men registered in Georgia haven’t voted in the past several elections, with pollsters
BBC News [UK],
by
Paul Adams
Original Article
Posted by
NorthernDog
—
10/10/2022 9:52:30 AM
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Ukraine - The past few hours have seen wave after wave of explosions, not just here in Kyiv, but all across this vast country, from Lviv in the west to Kharkiv in the east and Odesa in the south. For those of us who were here when Russia's full-scale invasion began in February, there's an element of déjà vu. We've been told to spend as much time as we can in the basement, as further attacks, using missiles and drones, are expected. But this is also different. The explosions here in Kyiv are much closer to the centre. Not distant
Washington Examiner,
by
Christian Datoc
Original Article
Posted by
NorthernDog
—
10/9/2022 11:39:50 AM
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President Joe Biden and top administration officials are seeking to downplay the decision from OPEC+ to cut daily oil production by 2 million barrels after steadily decreasing domestic gas prices boosted the president and Democrats' electoral odds heading into the midterm elections. The decision comes shortly after Biden traveled to Saudi Arabia, where the president met with Crown Prince Mohammed bin Salman and asked Saudi officials to ramp up production as a means of easing global energy prices amid the war in Ukraine. Publicly, the White House is putting on a strong face in responding to the new cuts. Biden
Sacramento Bee [CA],
by
Maggie Angst
&
Lindsey Holden
Original Article
Posted by
NorthernDog
—
10/8/2022 6:41:19 PM
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A week after proposing to levy a new tax on oil companies, California Gov. Gavin Newsom on Friday called for state legislators to convene in Sacramento for a special session in December to hammer out the plan. In response to a historic surge in gas prices in the Golden State, Newsom last week proposed a tax on oil companies to fund rebates for California taxpayers getting squeezed at the pump. During a press gaggle on Friday, the Democratic governor announced the special session for Dec. 5 — about a month after dozens of new lawmakers will be elected to office. Newsom
The Wrap,
by
Thom Geier
Original Article
Posted by
NorthernDog
—
10/8/2022 9:03:56 AM
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Sniffling and choking back tears, CNN’s Don Lemon on Friday delivered an emotional farewell as he signed off on his final primetime show, “Don Lemon Tonight,” before moving to anchor the network’s morning show on Monday. “I was not always perfect, because no one is perfect,” Lemon said after playing a montage of highlights from his eight-year run on primetime. “There are immense pressures that come with this job and in particular this time slot at 10 o’clock, when people are going to bed. So sometimes all I could do — I am going to be honest with you
San Francisco Chronicle,
by
Dustin Gardiner
Original Article
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NorthernDog
—
10/8/2022 9:00:21 AM
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First Lady Jill Biden offered a rare personal glimpse into her views on abortion during a political fundraiser in San Francisco on Friday, retelling the story of how her mother helped care for a teenage friend who got an abortion 60 years ago. Biden, who was 17 at the time, said her friend didn’t want to be pregnant, but learned that a doctor would only perform an abortion if she underwent a psychiatric evaluation and was declared mentally unfit. It was the late 1960s, before the Supreme Court’s Roe v. Wade decision, and abortion was illegal in Pennsylvania, where she
Los Angeles Times,
by
George Skelton
Original Article
Posted by
NorthernDog
—
10/6/2022 10:08:22 PM
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When gas prices rise, it instantly fuels political rhetoric about price gouging and the need to help motorists pay at the pump. It’s as automatic as pushing the starter button and hearing the engine crank up. As California prices surged in recent days, Gov. Gavin Newsom proclaimed that he wanted to retaliate against oil moguls by imposing a windfall profits tax and returning the money to drivers. “Crude oil prices are down. Oil industry profits are up. Yet gas prices in CA have increased by record amounts. It doesn’t add up,” the governor tweeted. “We’re not going to stand by
Fox News,
by
Louis Casiano
Original Article
Posted by
NorthernDog
—
10/6/2022 6:12:56 PM
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Two people were fatally stabbed, and six others were injured Thursday on the Las Vegas Strip and a suspect was in custody, police said. The rampage began just before 11:45 a.m. when the Las Vegas Metropolitan Police Department received reports of multiple victims on South Las Vegas Boulevard near the Wynn Las Vegas hotel. Authorities said three of the surviving victims were in critical condition. Investigators recovered a large kitchen knife they believe was the weapon used in the stabbings. The other victims were taken to a hospital and appeared to be in stable condition, authorities said. No information
Los Angeles Times,
by
Mark Z. Barabak
Original Article
Posted by
NorthernDog
—
10/6/2022 10:37:42 AM
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Winfield Coleman is a Nancy Pelosi fan of long standing. He’s voted for her many times. “Always,” he said, extolling her left-leaning philosophy, support for racial equality and decades-long work on behalf of women and the LGBTQ community. But when Coleman votes to reelect Pelosi next month it will be, he said, the last time. “There’s the age factor,” he explained. Pelosi, the speaker of the House, is 82. Coleman, a painter and illustrator, is 78. “I’m an old man myself,” he said, his gray ponytail marking the years. “I know that I’ve slowed down. It’s just natural.” As Pelosi
Reuters,
by
Tom Polansek
Original Article
Posted by
NorthernDog
—
10/5/2022 8:49:45 PM
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CHICAGO - Tyson Foods Inc is joining other corporate heavyweights in moving jobs out of Illinois. The biggest U.S. meat company by sales said on Wednesday it will relocate all corporate employees from offices in Chicago and suburban Downers Grove, along with those in Dakota Dunes, South Dakota, to its headquarters in Springdale, Arkansas. It is the latest shakeup for Tyson, which has about 1,000 corporate employees in the Chicago-area and South Dakota offices. Overall the meat company has about 120,000 U.S. employees, with about 114,000 of those working in production plants. Tyson will begin a "phased relocation" of the corporate
Comments:
The Ruskies were not happy about their bridge being knocked out. Expect the war to grind on indefinitely.