Fresh data on inflation, jobs could force Fed to rethink rate cuts
The Fed’s path to lower interest rates this year is further complicated by new data showing that while the job market remains strong, inflation remains high. The Producer Price Index, which measures wholesale inflation, rose 0.6% in February, twice the Dow Jones estimate of 0.3% and the 0.3% rise recorded in January, the Labor Department […]
February retail sales up 0.6%, but some cracks emerge in what has been a driving force for economy
NEW YORK (AP) — Shoppers spent a little more in February after a rebound the previous month, but this reflects the complexities Americans have in an economy where prices are rising but jobs are plentiful. It reflects the feelings of Retail sales fell a revised 1.1% in January, partly due to bad weather, but rose […]
House votes to force TikTok owner ByteDance to divest or face US ban | TikTok
The House of Representatives on Wednesday passed a bill that would require TikTok owner ByteDance to sell the social media platform or face a total ban in the United States. The vote was a landslide, with 352 members of Congress voting in favor and only 65 voting against. The bill, which was quickly voted on […]
Chuck Schumer facing intense pressure as House overwhelmingly passes bill to force TikTok sale
Senate Majority Leader Chuck Schumer (D-N.Y.) is under intense pressure to hold a vote on TikTok’s future in the coming days after House members overwhelmingly voted to pass the bipartisan bill. However, this bill could lead to a complete ban on popular Chinese-owned video sharing. app, sources told the Post. Schumer has not yet said […]
What’s at stake for TikTok as Congress moves to force a sale
A closely watched House vote on Wednesday passed legislation that poses the biggest threat to date to TikTok’s presence on the roughly 170 million mobile phones in the United States. The bill in question would ban TikTok in the U.S. unless it sells its U.S. operations within six months, and passed last week in the […]
US announces $100M for deployment of multinational force to violence-stricken Haiti
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Israel-Hamas war: Israeli Defense Force addresses deadly Gaza aid attack | LiveNOW from FOX
The Israeli military released aerial video showing an incident Thursday in Gaza City, where the Hamas-run Health Ministry reports … source
Air Force to Spend $6 Billion on 1,000 Artificial Intelligence Jets
The US Air Force is preparing to add 1,000 artificial intelligence (AI) jets to its fleet as part of a $6 billion contract with a private developer, a new report reveals. Cooperative Combat Aircraft (CCA) project AI-controlled planes will be able to perform missions that are too dangerous for manned aircraft, such as flying just […]
Pentagon seeks low-cost AI drones to bolster Air Force: Here are the companies competing for the opportunity
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Jim Banks, Elise Stefanik Press Air Force Academy on Trans Colonel’s Partisan Speech
Congressman Jim Banks (R-Ind.), a Navy veteran and chair of the House Armed Services Subcommittee and the Anti-Woke Caucus, and House Republican Conference Chairwoman Elise Stefanik (R-N.Y.) , demanding Breitbart News has exclusively learned Air Force leaders explain why a transgender colonel joined left-wing activism at a recent Air Force Academy conference. The transgender colonel […]