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GDP slows in the first quarter as inflation concerns linger

GDP grew at an annualized rate of 1.4% in the first quarter of this year. (iStock) U.S. gross domestic product (GDP) grew at an annualized rate of 1.4% in the first quarter of 2024. Bureau of Economic Analysis data (BEA) found. The increase indicates that the economy is strong, but not growing at a significant […]

AZ Election Center Theft ‘Raises Serious’ Election Security Concerns

Republican National Committee Chairman Michael Whatley said the incident in which a temporary election worker allegedly stole a “digital magnetic key” from the Maricopa County Counting and Election Center on Thursday “raises serious questions about the security of Arizona’s elections” and that he wanted explanations. KTAR News reported that Walter Lingfield, 27, was arrested on […]

Totally Cool, popular ice cream maker recalling nearly 70 flavors over listeria concerns

The popular ice cream maker is recalling about 70 flavors and cold treats after it found they may be contaminated with Listeria. Totally Cool, the Maryland-based maker of popular sweet treats such as Chipwich cookie sandwiches and Friendly’s ice cream cakes, recalled more than 60 products across multiple brands, according to a notice posted June […]

Tillis backs McConnell in concerns about term limits for GOP leadership

Sen. Thom Tillis (R-NC) voiced his support for Senate Minority Leader Mitch McConnell (R-KY) in opposing term limits. Concerns over public health incidents featuring McConnell, 82, helped lead to widespread concern about the age of lawmakers in politics. In response, some Republicans supported instituting term limits for leadership positions. McConnell has reportedly opposed such measures, […]

US regulators chide four big-bank living wills, FDIC escalates Citi concerns – Yahoo Finance

Pete Schroeder WASHINGTON (Reuters) – U.S. banking regulators on Friday ordered Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase to strengthen their bankruptcy protection plans, with the Federal Deposit Insurance Corp (FDIC) raising concerns about Citi’s plan. Specifically, the Federal Reserve and the Federal Deposit Insurance Corp. said banks will need to revise their […]

Florida Mayor Resigns over Concerns About ‘Corruptive Behavior’ Among Leaders

The mayor of Madeira Beach, Florida, shocked residents by resigning on Friday after writing a letter to neighbors expressing concern about the “corrupt practices” of local leaders. Former Mayor Jim Rostek said he had to step down because “everything that’s going on in this little town is wrong,” Fox 13 reported. report on wednesday. Rostec […]

Top Democrats fearful of raising concerns about Biden’s campaign strategy

Democratic Party leaders are reportedly skeptical of President Biden’s reelection strategy but are not speaking out for fear of being ousted from the commander in chief’s inner circle. “It’s unclear to many of us watching from the outside whether the president and his core team recognize how serious the situation is and whether they have […]

Pentagon shoots down concerns on Chinese solar panels

The Pentagon has denied recent concerns that Chinese-made materials might be used in a project to install solar panels on Pentagon roofs and other facilities. The Pentagon’s backlash came after Virginia Governor Glenn Youngkin wrote Defense Secretary Lloyd Austin last week expressing concern about the use of Chinese-made materials in a $104 million taxpayer-funded plan […]