Reasons behind the stock market’s unimpressive week and an update on earnings season
Market Update and Economic Insights Every weekday, CNBC’s Jim Cramer shares the Homestretch, an afternoon report that aligns with the final hour of trading. This past Friday, markets managed to recover most of their losses, though the overall week saw declines. For instance, the S&P 500 was projected to drop nearly 2% during the week. […]
Only 3 Democrats Support Funding for Troops and Law Enforcement 38 Days into the Shutdown
Senate Democrats Reject Bipartisan Pay Bill On Friday night, most Senate Democrats turned down a bipartisan proposal aimed at compensating active-duty soldiers and federal employees who continued working during the 38-day government shutdown, which notably included Capitol Police officers. The bill, designed to provide pay for federal employees, was voted down 55-43, falling short of […]
La Nina and Polar Vortex winds are preparing for a tough winter in the US.
Next week’s expected Arctic chill might signal a tough winter ahead for the eastern United States. It appears that several significant weather patterns are aligning, which could lead to early severe cold and increased snowfall in the area. Two weather phenomena, La Niña and the easterly Quasi-Biennial Oscillation (QBO), are likely contributing to the influx […]
Senate vote stops Republican proposal to compensate federal employees and military amid shutdown
As the government shutdown continues, Senate Democrats have once again halted a Republican effort aimed at ensuring federal employees and military personnel continue receiving their paychecks. Senator Ron Johnson (R-Wis.) put forward a modified version of the Shutdown Fairness Act, which aimed to guarantee compensation during both the current and any future shutdowns. Last month, […]
Child predator from El Salvador, previously deported twice, arrested for attacking officer with metal cup
ICE Arrests Twice-Deported Child Predator in Houston On November 4, agents from U.S. Immigration and Customs Enforcement (ICE) apprehended Walter Leonel Perez Rodriguez, a 33-year-old Salvadoran national who has been deported twice. His criminal history includes serious offenses like child sexual assault. Rodriguez was convicted back in January 2013 for fondling and assaulting a minor […]
Trump selects Long Island philanthropist, son of a Holocaust survivor, as ambassador to Hungary.
Trump Appoints Long Island Businessman as Ambassador to Hungary President Trump has chosen Benjamin Landa, a Long Island businessman, to serve as the U.S. ambassador to Hungary. Landa, 69, who resides in Lawrence and is the child of Holocaust survivors, has been confirmed for this diplomatic role, according to reports. In his words, “For him […]
Air travel may take several days to a week to return to normal once the government shutdown is over.
FAA Response to Continued Government Shutdown Transportation Secretary Sean Duffy indicated on Friday that it could take “days, if not a week” for air travel to stabilize after the government shutdown is resolved. Duffy mentioned that even if the government reopened tomorrow—which he noted seems unlikely—it would still require time to bring air traffic controllers […]
UnitedHealthcare eliminates coverage for remote monitoring against Medicare guidelines
Beginning in January, UnitedHealthcare will discontinue its payments to doctors for remotely monitoring data collected by patients at home for chronic conditions, including high blood pressure. This policy, which affects both Medicare and commercial plans offered by the country’s largest insurer, was announced in September. It mainly targets remote physiological monitoring (RPM) for various patient […]
Grand jury issues subpoenas to Brennan, Strzok, and Page in Trump-Russia investigation
Federal Grand Jury Subpoenas High-Profile Officials in Trump-Russia Probe A federal grand jury has issued subpoenas to several prominent figures, including former CIA Director John Brennan and ex-FBI officials Peter Strzok and Lisa Page, as part of an investigation into the origins of the Trump-Russia inquiry. This information comes from sources close to the investigation. […]
Senate Republicans criticize Democratic proposal to prevent shutdown: ‘Not viable’
Senate Republicans are criticizing Democratic plans to prolong Affordable Care Act (ACA) subsidies for another year as part of an agreement to reopen the government, stating they are not interested in pursuing such a deal. Several GOP senators swiftly dismissed the proposals put forth by Senate Minority Leader Chuck Schumer (D-N.Y.), which included a temporary […]