US tells Ukraine to 'look hard' at lowering draft age in Russia war
The United States is asking Ukraine to “seriously consider” eliminating a policy mandate that limits the draft age to 25 and older, a senior administration official told The Hill on Wednesday. They propose lowering the age to 18 to expand manpower to fight Russia's enemies. The official said that over the past three years, the […]
Shaq clashes with WNBA players over lowering the rim
Shaquille O'Neal is trying to convince WNBA players that a lower rim height is in the best interest of women's basketball. O'Neal was responding to Las Vegas A's A'ja Wilson's comments on the Roommates Show podcast, which features NBA players Jalen Brunson, Josh Hart and host Matt Hillman. Hart began his segment by asking WNBA […]
Explained: Why the Fed lowering interest rates might be a BAD sign …
when Glenn Beck “This is election interference by the Fed,” was his first thought when he first heard the news that the Federal Reserve had cut interest rates by half a percentage point, the first cut since 2020. His second thought is that the last time the Fed did this, it didn't have good results. […]
Kamala Harris Sidesteps Economic Reality, Bizarrely Says She Will Lower Costs by Lowering Cost of Necessities
Vice President Kamala Harris appeared stumped when asked how she would lower the cost of living as president, saying during a Q&A with Oprah Winfrey that she would do it by “lowering the prices of everyday items,” even though the prices of many basic goods, including food, have skyrocketed under her leadership. “We'd love to […]
Retail Sales Unexpectedly Rose in August, Lowering Chances of a Bigger Rate Cut
U.S. consumers unexpectedly increased spending in August, defying expectations that a softening labor market would dampen retail purchases. Retail sales rose 0.1% in August, Commerce Department data released Tuesday showed, after an upward revision to a 1.1% increase the previous month. While rising sales are unlikely to derail the Federal Reserve's plans to cut interest […]
US retail sales unexpectedly rise, lowering odds for big rate cut
U.S. retail sales unexpectedly rose last month, a surprisingly strong result that likely reduces the likelihood of a big interest rate cut from the Federal Reserve this week. Retail purchases rose 0.1% in August, Commerce Department data released Tuesday showed, beating economists' expectations of a 0.2% decline as cash-strapped consumers showed resilience despite a shaky […]
Harris dodges question on lowering prices by describing ‘middle-class’ roots: Neighbors ‘proud of their lawn’
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Karl Rove: Trump made a ‘mistake’ by ‘lowering the bar’ for Harris
Republican strategist Karl Rove said Tuesday ahead of the presidential debate that former President Trump was wrong to “lower the bar” for Vice President Harris. “I think it was a mistake for Trump to belittle her, to call her a fool and to lower the bar for her, because expectations are so important in these […]
Schumer lists rail safety, lowering insulin costs as top priorities for rest of 2024
Senate Majority Leader Chuck Schumer, D-N.Y., circulated a letter to senators Sunday afternoon warning them of the looming Sept. 30 government funding deadline and highlighting that rail safety legislation and proposals to lower insulin and prescription drug costs are his top remaining priorities for 2024. Schumer also said his priority over the next four months […]
Goolsbee says lowering interest rates next fall is not a 'certainty'
Austan Goolsbee, president and CEO of the Federal Reserve Bank of Chicago, said a rate cut this fall is not “a certainty.” “I don’t think it’s a certainty, and, you know, I don’t like having my hands tied in advance when there’s a ton of data and the entire committee has had a chance to […]