House Republican leaders are dismissing the Congressional Budget Office’s (CBO) latest projection that says the debt limit deal struck by President Biden and Speaker Kevin McCarthy, R-Calif., would actually increase…
Editor's Pick
Disgraced Theranos founder Elizabeth Holmes is booked into prison in Texas to begin serving 11-year sentence
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Elizabeth Holmes, the founder of the blood-testing lab Theranos, arrived at a federal prison in Texas on Tuesday to start serving an 11-year, 3-month sentence for her role in the…
Economy
2024 showdown: Trump, DeSantis battle for votes in the crucial lead off state of Iowa
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Former President Donald Trump and Florida Gov. Ron DeSantis will make competing visits to Iowa this week as the 2024 GOP presidential primary heats up. DeSantis returns to Iowa for…
Economy
Where do moderate Democrats, Republicans stand on the debt ceiling deal as pivotal votes loom?
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As the debt deal reached between President Biden and House Speaker Kevin McCarthy heads to Congress this week to face votes in the House and Senate, the spotlight has shifted…
Economy
SEEING DOUBLE: AOC lashes out at Twitter parody account ‘impersonating me and going viral’
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Rep. Alexandria Ocasio-Cortez, D-N.Y., is furious at Twitter after a parody account of the congresswoman began to go viral, claiming CEO Elon Musk is behind its recent traffic. ‘FYI there’s…
The White House unexpectedly withdrew President Biden’s nomination of Ann Carlson to lead a Department of Transportation safety subagency late on Tuesday. In a surprise release, the White House said…
Economy
Republicans to hold FBI Director Wray in contempt of Congress over Biden document
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House Oversight Committee Chairman James Comer is taking steps to hold FBI Director Christopher Wray in contempt of Congress after the Bureau notified the panel it will not comply with…
Economy
Jayapal says debt ceiling deal shows GOP doesn’t care about deficits: ‘No meaningful deficit reduction’
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Congressional Progressive Caucus Chair Pramila Jayapal, D-Wash., dismissed House Republicans’ victory lap on the new debt limit bill on Tuesday, telling reporters that there was ‘no meaningful debt reduction’ in…
Economy
Democrat leader: ‘un-American’ ‘MAGA Republicans’ trying to ‘crash’ economy for 2024 political benefit
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House Minority Leader Hakeem Jeffries suggested Tuesday that ‘MAGA Republicans’ are attempting to ‘crash’ the United States economy via debt ceiling negotiations because it is in their political interest to…
In gold futures, we were looking for a correction to around $1940 an ounce. The June contract fell to $1932. Now, it closed on the exchange at $1958. Plus, it…