Mediaite,
by
Jennifer Bowers Bahney
Original Article
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Dreadnought
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1/19/2024 5:29:32 PM
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Fox News’ Sandra Smith exclaimed, “Wow!” when talking about the U.S. stock market hitting an all-time high on Friday.
“Fox News Alert here, as we take a look at the markets, and the U.S. Stock market continues to hit record high after record high,” she said, continuing:
You’re looking at a fresh 300-point gain on the Dow right now, hitting its highs of the session. The S&P 500, which is a snapshot of the broader U.S. Stock market, is hitting an all-time high, surpassing the previous record set two years ago.So, wow, there continues to be a lot of enthusiasm and a lot of optimism in the U.S. Stock market.
CNBC,
by
Jeff Cox
Original Article
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Dreadnought
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1/19/2024 5:18:48 PM
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The stock market keeps scaling new heights as investors focus on the good and ignore the bad, no matter how bad the bad parts might look sometimes.
Prospects for a slowing economy, geopolitical unrest and turmoil in Washington aren't scaring market participants largely because none of those threats have turned into much in reality.
What instead has taken center stage is an economy performing remarkably well, inflation pulling back and a run of positive developments in Big Tech that has outweighed any what-ifs that the market has had to endure.
"If investors are looking for a reason to be negative, it's hard to find," said Mitchell Goldberg, president of ClientFirst Strategy,
Reuters,
by
Lucia Mutikana
Original Article
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Dreadnought
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1/19/2024 5:11:30 PM
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WASHINGTON, - U.S. consumer sentiment improved in January, hitting the highest level in 2-1/2 years amid growing optimism over the outlook for inflation and household incomes, which bodes well for the economy's prospects this year.
The better-than-expected reading in sentiment reported by the University of Michigan on Friday reflected a brightening of moods across all age and income groups, education and geographical locations as well as political affiliation. It suggested that Americans were finally warming up to the economy's resilience after much anxiety over high inflation, which has weighed on President Joe Biden's popularity. Consumers' inflation expectations over the next 12 months were the lowest in three years,
Hot Air,
by
Karen Townsend
Original Article
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Dreadnought
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1/19/2024 4:53:29 PM
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Rep. Ro Khanna vented against President Biden over working with Republicans on a border deal. Biden is desperate to move the needle on the demands of Republicans that border security get hammered out before they agree to vote on more aid to Ukraine.
Republicans are using their leverage to demand that Biden agree to common sense actions on the southern border. House progressives are angry that progressive voices, they claim, are being shut out of the negotiations process in the Senate. Rep. Ro Khanna (D- Silicon Valley) is angry because he sees Biden’s cooperation for what it is – election year appeasement.
Biden has stalled about
ABC News,
by
Leah Sarnoff
Original Article
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Dreadnought
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1/19/2024 3:44:44 PM
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Sports Illustrated employees were notified on Friday that a "significant number, if not all" of their jobs were set to be eliminated, according to a new statement from the publication's union.
The Sports Illustrated union posted on X: "This is another difficult day in what has been a difficult four years for Sports Illustrated under Arena Group (previously The Maven) stewardship. We are calling on ABG to ensure the continued publication of SI and allow it to serve our audience in the way it has for nearly 70 years." Mitch Goldich, unit chair of the SI union and NFL editor, said in a statement that the union will continue to fight
National Review,
by
Ari Blaff
Original Article
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Dreadnought
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1/19/2024 3:28:09 PM
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Republican presidential contender Nikki Haley ruled out the possibility of serving as vice president in comments to New Hampshire voters on Friday, amid speculation that former president Donald Trump might tap Haley to balance out his ticket if her own presidential ambitions don’t pan out.
“I’ve said from the very beginning: I don’t play for second. I don’t want to be anybody’s vice president. That is off the table,” Haley told diners at a restaurant in Amherst, New Hampshire, according to a Politico reporter who overheard the comments.
The former U.N. ambassador’s presidential campaign has been dogged in recent weeks by questions about her willingness to serve
NBC News,
by
Megan Lebowitz
Original Article
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Dreadnought
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1/19/2024 3:11:47 PM
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WASHINGTON — The Justice Department wants former Trump White House adviser Peter Navarro to spend six months behind bars after being convicted of criminal contempt of Congress for ignoring a subpoena.
Federal prosecutors said in a court filing Thursday that Navarro “deserves severe punishment” that includes a $200,000 fine in addition to prison time. He is scheduled to be sentenced Jan 25. Navarro, 74, was found guilty last year on two counts of contempt after he rejected a congressional subpoena to testify before the now-defunct Jan. 6 committee and provide relevant documents.
“The Defendant chose allegiance to former President Donald Trump over the rule of law,”
CBS News,
by
Cara Tabachnick
Original Article
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Dreadnought
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1/19/2024 2:52:41 PM
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Alec Baldwin has been charged with involuntary manslaughter for the 2021 shooting death of cinematographer Halyna Hutchins on the set of the movie "Rust," according to court documents filed on Friday in Santa Fe, New Mexico. These are new charges filed after earlier charges against Baldwin were dropped in April.
Prosecutors said in October that they were calling a grand jury to look into new evidence and would seek to re-charge Baldwin. New Mexico-based prosecutors said that "additional facts" had come to light in the October 2021 fatal shooting that occurred during filming on the outskirts of Santa Fe.
Fox Business News,
by
Chris Pandolfo
Original Article
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Dreadnought
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1/19/2024 1:08:43 PM
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The Biden administration has approved an additional $5 billion in debt cancelation for roughly 74,000 student loan borrowers, the White House said in a statement Friday.
President Biden said many of the borrowers impacted by his latest student loan debt handout are public sector workers, like teachers and firefighters, who will have their debt erased after 10 years of public service. Nearly 30,000 borrowers impacted have been in repayment for at least 20 years "but never got the relief they earned through income-driven repayment plans," Biden said.
The latest round of student debt cancelation brings the total amount canceled under Biden to $136.6 billion for more than 3.7 million Americans,
National Review,
by
Ari Blaff
Original Article
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Dreadnought
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1/19/2024 10:00:51 AM
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The Military Committee chairman of NATO warned of the possibility of a regional war with Russia in the coming decades in comments to military leaders during a NATO meeting in Brussels on Thursday.
“We have to realize it’s not a given that we are in peace. And that’s why we [NATO] are preparing for a conflict with Russia,” Admiral Rob Bauer said. “But the discussion is much wider. It is also the industrial base and also the people that have to understand they play a role.”
“It starts there,” the four-star Dutch admiral added. “The realization that not everything is planable and not everything is going to be hunky dory
National Review,
by
Brittany Bernstein
Original Article
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Dreadnought
—
1/19/2024 9:57:58 AM
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A hospital system in Denver warned local lawmakers this week that it is on the brink of collapse due to financial pressures created by the migrant crisis.
Denver Health recorded some 20,000 visits from 8,000 Central American migrants in 2023 for everything from dental emergencies to mental health counseling, according to the Denver Post.
Denver estimates more than 36,000 illegal immigrants, most of whom are Venezuelan, have arrived in the city since December 2022. Roughly half of those migrants have decided to put down roots in the city.
The influx created a $2 million loss for the hospital system last year, following a $35 million loss
Newsweek,
by
Brendan Cole
Original Article
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Dreadnought
—
1/18/2024 9:07:15 PM
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Global Positioning System (GPS) disturbances detected across NATO member Poland on Tuesday have sparked speculation of Russian involvement, following a similar incident in the region this month.
Polish news outlet Radio Zet portal reported "over northern and central Poland, the GPS signal was again jammed," with Warsaw, Łódź, Tricity and Olsztyn among cities affected and that Swedish military intelligence agency MUST was investigating the cause. Other Polish news outlets reported disturbances and an interference map available on the gpsjam.org website showed the extent of GPS problems across much of Poland, with a high level of interference over Kaliningrad, the Russian enclave that borders the country.