Cornel West announces presidential campaign

nbcnews.com Philosophy professor, historian and political activist Cornel West has entered the 2024 presidential race. West, 70, on Monday announced his campaign for president as a…

What is The New Economic Patriotism? Hint: It’s About the Production

forbes.com It has taken a long while and a great deal of adversity. But Americans of many political persuasions – Democrat and Republican, progressive and conservative, partisan and…

Norfolk Southern gives all workers sick days in a huge milestone for railroads

fortune.com Norfolk Southern became the first major freight railroad with deals to provide paid sick time to all of its workers Monday, but the other railroads are making progress with…

Left-Wing Academic Cornel West Announces Presidential Bid

forbes.com Cornel West, a left-wing activist and philosophy professor who has published a range of work on class and race, announced Monday he would run for president as a candidate…

Norfolk Southern is first railroad to give all workers sick time but all see progress in labor talks

apnews.com Norfolk Southern became the first major freight railroad with deals to provide paid sick time to all of its workers Monday, but the other railroads are making progress with…

Kevin McCarthy accuses Fox News host of saying things that aren't "true"

newsweek.com House Speaker Kevin McCarthy accused Fox News host Maria Bartiromo of saying things that weren't "true" about the debt ceiling bill that stopped the United States from…

On The Importance Of Deflation And Depressions

zerohedge.com On The Importance Of Deflation And Depressions Authored by MN Gordon via EconomicPrism.com, Much of legislative activity is grossly overcomplicated. This is because honest…

No, corporate greed didn't cause the 2023 egg price shock

reason.com As inflation raised prices on all manner of goods throughout 2022, eggs earned special attention. According to the Federal Reserve Bank of St. Louis, the average price of a…

Biden signs debt ceiling bill after months-long standoff, avoiding default

theguardian.com Joe Biden signed a bill on Saturday to suspend the US debt ceiling, ending a months-long standoff with the Republican House speaker, Kevin McCarthy, and averting a federal…

Childcare is about to get even more expensive at the end of September unless Congress acts

businessinsider.com Vermont Sen. Bernie Sanders says that millions of families will be at risk of losing quality childcare if Congress doesn't act. AP Photo/Susan Walsh Federal funding helped…

Biden celebrates win over "extreme voices" on debt ceiling deal

newsweek.com President Joe Biden is celebrating the passage of the bipartisan bill to raise the debt ceiling as a win over "extreme voices." In a speech from the White House on Friday,…

The Senate is Right to Reject Biden's Unfair Student Loan Bailout for the Rich

newsweek.com Well, that's embarrassing. One of President Biden's signature policy items, his so-called student debt "cancellation," just got starkly repudiated by the Senate—which his…

Hunter Biden, Second Amendment warrior?

reason.com President Joe Biden has long been an advocate for strict restrictions on guns, so his son makes something of an unlikely advocate for expanded gun rights. But Hunter Biden…

Senate passes bill to raise debt ceiling, preventing first-ever U.S. default

cnbc.com WASHINGTON — The Senate late Thursday passed a House-approved bill to raise the debt ceiling and cap government spending for two years, sending the legislation to President…

U.S. Senate passes debt ceiling bill, averting first-ever U.S. default

seekingalpha.com The U.S. Senate late Thursday night passed the debt ceiling package crafted by President Biden and House Speaker Kevin McCarthy (R-CA) over the Memorial Day weekend, sending…

Full list of Democrat senators who voted against debt ceiling deal

newsweek.com President Joe Biden and Speaker Kevin McCarthy's debt limit deal narrowly passed the Senate on Thursday, by 63 voted to 36, despite facing opposition from both Republicans…

Default Crisis Averted: Senate Passes Debt Ceiling Bill After Months-Long Debate

forbes.com The Senate passed legislation to fend off a debt ceiling crisis late Thursday, effectively ending months of partisan haggling that brought the federal government to the…

The Senate passes the bipartisan debt ceiling bill, sending it to Biden's desk just days before the US defaults

businessinsider.com U.S. Senate Majority Leader Sen. Chuck Schumer (D-NY) (L) and Senate Minority Leader Sen. Mitch McConnell (R-KY) (R). Alex Wong/Getty Images The Senate made surprising…

Senate approves debt ceiling suspension, averting default

theweek.com The Senate voted 63-36 late Thursday to suspend the debt ceiling for two years and reduce government spending, sending the bill to President Biden's desk and averting a…

If you have student loans, here’s what the debt ceiling deal means for you

vox.com Sen. Bernie Sanders (I-VT) waits to speak during a rally in support of the Biden administration’s student debt relief plan in front of the U.S. Supreme Court. | Drew…

What Republicans got from the debt deal

politico.com Congress enshrined a debt-limit deal late Thursday that makes modest progress toward Republicans’ goals of cutting spending, streamlining red tape and attaching more work…

Senate Passes Debt Ceiling Bill

forbes.com The Senate passed legislation to fend off a debt ceiling crisis late Thursday, effectively ending months of partisan haggling that brought the federal government to the…

Debt ceiling bill clears Senate, heads to Biden's desk

axios.com The Senate passed a bill Thursday to raise the debt ceiling into 2025 and cut the deficit, sending the bill to President Biden's desk. Why it matters: It means the U.S. will…

Some Democrats don't like Biden and McCarthy's debt-ceiling bill

businessinsider.com SEPTEMBER 20: US Sen. Elizabeth Warren (D-MA). Kevin Dietsch/Getty Images Many Democratic lawmakers are unhappy with the debt-ceiling bill that just passed the House. But…

How Industrial Policy Goes Awry

wsj.com In “Biden’s ‘Foreign Policy for the Middle Class’” (Politics & Ideas, May 31), William Galston seems to laud national-security adviser Jake Sullivan’s proposal for a “modern…

Dow Jones Rallies As Schumer Makes Debt-Ceiling Push Despite Snag; Dollar General Stock Craters

investors.com The Dow Jones Industrial Average rallied as Senate Majority Leader Chuck Schumer pushed to get a debt-ceiling deal over the line. Dollar General (DG) cratered on earnings.…

Senate repeals Biden’s student debt relief, teeing up White House veto

politico.com The Senate passed Republican-led legislation Thursday seeking to overturn President Joe Biden’s plan to cancel up to $20,000 of student debt relief for tens of millions of…

UAW union outlines lofty demands ahead of critical negotiations with Detroit automakers

cnbc.com United Auto Workers members on strike picket outside General Motors' Detroit-Hamtramck Assembly plant in Detroit on Sept. 25, 2019, with Sen. Bernie Sanders, of Vermont, far…

Down To The Wire: How The Senate's Debt Ceiling Vote Could Play Out

benzinga.com With the Senate racing the clock to pass the debt ceiling bill before a looming June 5 deadline, the U.S. could potentially face an economically catastrophic default if the…

'This is a compromise': How the White House is defending the debt ceiling bill

npr.org 'This is a compromise': How the White House is defending the debt ceiling bill House lawmakers passed a bill to suspend the debt ceiling, enabling the U.S. to pay off its…

Markets Rise as Debt Ceiling Deal Moves to the Senate

nytimes.com Global markets edged higher as the prospect of the United States defaulting on its debt grows more remote. The debt-ceiling deal is a step closer to becoming law after its…

UAE oil chief is ‘the perfect person’ to lead UN climate talks, COP28 director general says

cnbc.com The UAE will host the COP28 climate summit from Nov. 30 through to Dec. 12. The director general of COP28 on Thursday defended the appointment of oil executive Sultan…

Why the left held its fire on no-win debt deal

politico.com Elizabeth Warren doesn’t like much at all about the deal to raise the debt ceiling. The only reason she might vote for it is hardly an endorsement: default would be worse.…

US debt ceiling bill passes House with broad bipartisan support

investing.com A divided U.S. House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to…

House Passes Bill To Avert Debt Ceiling Crisis

forbes.com The House agreed to suspend the debt ceiling until 2025 on Wednesday in a decisive bipartisan vote on legislation negotiated by House Speaker Kevin McCarthy (R-Calif.) and…

Bernie Sanders says he will vote against debt ceiling deal

msnbc.com “It was not a difficult decision,” Sen. Bernie Sanders says on voting against the debt ceiling deal. “You don’t do deficit reduction in any moral sense on the backs of some…

Bernie Sanders vows to vote against Biden and McCarthy's 'totally unnecessary' debt-ceiling deal, saying that the best thing about the bill is 'it could have…

businessinsider.com Sen. Bernie Sanders of Vermont. AP Photo/Jose Luis Magana Sen. Bernie Sanders said on Wednesday he will vote against the debt-ceiling bill. He said he cannot support…

Senate Hearing Bursts Into Laughter After GOP Senator Declares ‘I Don’t Want Reality’ During Heated Exchange

mediaite.com Republican Senator Markwayne Mullin (R-OK) elicited laughs from the Health, Education, Labor, and Pensions Committee hearing room when he told a witness on Wednesday, “I…

Social Security and Medicare are ticking time bombs

reason.com Social Security is toast. So is Medicare. Too many of us old people live longer, so there are not enough working people to support us. Soon both Social Security and Medicare…

No Bargain: Big Money and the Debt Ceiling Deal

nakedcapitalism.com Yves here. The deans of analysis of political spending in the US, Tom Ferguson, Paul Jorgenson, and Jie Chen, yet again demonstrate the overwhelming power of money in US…

Biden accuser Tara Reade leaves U.S. for "safety" of Russia

newsweek.com Tara Reade, who accused President Joe Biden of sexually assaulting her in 1993, is requesting Russian citizenship from Vladimir Putin due to concerns about her safety in the…

Kevin McCarthy's complicated win on debt deal

newsweek.com Nobody needed a win more than House Speaker Kevin McCarthy did. Battered by a record-setting 15 votes to gain the support he needed to become House speaker, the California…

Rail Bill Would Increase Energy Costs, Bureaucracy

forbes.com It is not unusual to see Democrats blurring the line between the free market and top-down big government policies. It’s the kind of behavior that conservatives in Congress…

Marianne Williamson's campaign against the world

politico.com Marianne Williamson doesn't care that almost no one takes her seriously. “I have as much right to be here as any senator,” the longshot presidential candidate said in an…

The Move Toward a Four-Day Workweek Obscures Low Pay

nakedcapitalism.com Yves here. Like author Sonali Kolhatkar, your humble blogger has been skeptical of a four day, or better yet, 32 hour workweek without an increase in worker compensation. By…

Column: In praise of gerontocracy

latimes.com The cry is heard that America has become a “gerontocracy.” That’s supposed to be bad, it’s argued, because our superannuated political leadership is out of touch with the…

Joe Biden fires the starting gun on the presidential race

economist.com T election of 2024 will feature Joe Biden against the Republican nominee. The polls suggest that person will be Donald Trump, giving America the sequel it does not want. Mr…

What if Joe Biden decided against running for re-election?

economist.com P is literally living history. With every passing day he sets a new record for oldest president—the sole octogenarian ever to occupy the Oval Office. When he began his…

End Of $7.25? Americans Want $26 Minimum Wage, Survey Reveals

benzinga.com In today’s economy, with rising prices and the increasing cost of living, the current federal minimum wage of $7.25 per hour falls far short. Since 2009, this rate has…

US, EU Politicians Demand Withdrawal Of COP28 Chief

zerohedge.com US, EU Politicians Demand Withdrawal Of COP28 Chief Via The Cradle, ...lawmakers claim oil executives like Jaber are seeking to undermine climate change efforts... Over 100…

House Democrats reintroduce bill targeting stock buybacks

cnbc.com U.S. Representative Jesus Garcia (D-IL) speaks in opposition to Title 42 during a news conference outside the U.S. Capitol in Washington, U.S., April 28, 2022. WASHINGTON —…

Taxing the rich will have no meaningful effect on our sky-high national debt

reason.com Whenever we have a national conversation about government debt, Democrats invariably respond that spending is not the reason the debt is now nearly equal to our national…

Congressman Ro Khanna on DeSantis’ Fatal Flaw, AI Regulation and How the Media Should Cover Trump

hollywoodreporter.com While representing Silicon Valley’s 17th congressional district, Democratic congressman Ro Khanna has pulled off a unique political balancing act. He’s successfully…

The 'Politics' Of Econ. Costs of Rules

fee.org This week, I have some questions about the consequences of legislation from Navy Veteran Howard M. He says: “Proposed legislation tells us who will benefit from it but not…

With DeSantis event, Twitter solidifies its place in the conservative media world

nbcnews.com Elon Musk’s claims to bring political balance to Twitter were already under heavy scrutiny due to his ongoing embrace of Republican politicians and far-right politics. Now,…