House passes Interior bill with steep cuts to EPA
The House passed a partisan appropriation bill Wednesday for the Interior Department, the Environmental Protection Agency, and other related agencies. The measure, which passed 210 to 205, would impose a 20% cut to the EPA and includes several conservative provisions that are likely to doom it in the Senate. The fiscal 2025 spending bill proposes […]
Social Security payments could see steep cuts starting in 2033
The chief actuaries for Social Security and Medicare testified before a House committee Thursday about looming financial difficulties for the two safety-net programs that could deplete key trust funds within about a decade and leave recipients facing benefit cuts if Congress doesn’t fix the funding shortfall. Social Security and Medicare trustees recently released reports examining […]
Gold prices steady but head for steep weekly losses as rate cut hopes wane – Investing.com
Investing.com — Gold prices were steady in Asian markets on Friday, but the metal has fallen sharply throughout the week after slipping from record highs on concerns about higher U.S. interest rates for a long time. Interest rate concerns have pushed up prices and weighed on metals prices across the board, with copper also falling […]
Democrats Face Steep Hurdles to Replace FDIC Chairman in Wake of ‘Abusive’ Conduct at Agency
President Joe Biden and Congressional Democrats have released an explosive report detailing “abuses” and “unprofessional conduct” at the Federal Deposit Insurance Corporation (FDIC), which oversees the Federal Deposit Insurance Corporation (FDIC). If the company decides to replace Chairman Martin Gruenberg in response to this, it will likely face a high hurdle. House Republican Tom Emmer […]
China’s EVs a ‘Nightmare’ for U.S. Auto Workers Without Steep Tariffs
BYD, the Chinese Communist Party’s (CCP) major automaker, sells electric vehicles (EVs) that cost $12,000, but without a complete ban or increased tariffs on electric vehicles (EVs) made by Chinese companies, “This could be a nightmare” for the automotive industry. . a report from detroit newsIn interviews with multiple industry insiders, the magazine found that […]
China highway collapse kills 36, more than 20 cars fall down steep slope
At least 36 people were killed when a section of a highway collapsed and cars fell off a slope after heavy rains in southern China’s mountainous region, authorities said Thursday. The Meizhou city government said 23 vehicles were found after a 58.7-foot stretch of the highway was closed around 2 a.m. Wednesday. Thirty other people […]
Giants would face ‘steep price’ if they wanted to trade up for QB in 2024 NFL Draft
If the Giants are focused on one of the consensus top three quarterbacks in the draft, they may want to forget about filling many of the other holes on the roster with top picks. NFL Network analyst Daniel Jeremiah, a well-connected former Eagles, Ravens and Browns scout, said Thursday that the Giants are packaged the […]
Last rival standing: Haley faces steep uphill climb against Trump with one week until South Carolina primary
Nikki Haley was the first of more than a dozen White House candidates to challenge former President Donald Trump for the 2024 Republican nomination. A year after launching his campaign, the former two-term South Carolina governor and later U.N. ambassador in the Trump administration has become the last major rival to face the former president […]
Colorado Springs hiker rescued from steep canyon ledge in ‘dangerously low’ temperatures
Colorado Springs firefighters rescued a hiker stranded on a remote ledge in dangerously cold weather over the weekend, fire officials said. Rescue efforts began just before 7 a.m. Saturday after a hiker reported becoming stuck in rugged terrain in North Cheyenne Canyon, Colorado Springs Fire Department said. According to KKTV, the temperature at the time […]
Border Agent Carries Injured Migrant 1,000 Feet up Steep California Mountainside
Border Patrol agents in the San Diego area rescued an injured female migrant about 1,000 feet up a steep mountainside in Southern California's Otay Mountains. The woman was injured and was unable to safely climb the steep climb. San Diego District Patrol Chief Agent Patricia McGuirk Daniel posted a photo to X of Border Patrol […]