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Aggregating and archiving news from both sides of the aisle.

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S&P 500, Dow snap losing streaks for best week since November 2020

Preview: The Dow and S&P jumped to close their best weeks since November 2020.

As Biden administration leans toward $10,000 in student loan forgiveness, advocates push back

Preview: Advocates expressed anger and disappointment on Friday in response to news that the Biden administration is leaning toward $10,000 in student loan relief.

Twitter director Egon Durban won't leave the board after shareholders voted to boot him

Preview: Durban, co-CEO and managing director of private equity firm Silver Lake, was on the board when it approved Twitter's sale to Elon Musk last month.

The Fed’s favorite inflation measure rose 4.9% in April in a sign that price increases could be slowing

Preview: The Fed's preferred inflation gauge rose 4.9% in April from a year ago, a still-elevated level that nonetheless indicated that price pressures could be easing.

This is what's next for Terra as the failed crypto project attempts a new path forward

Preview: Terra backers have just established a new path forward for the crypto project, but the venture still faces an uphill battle.

Jim Cramer: My take on Apple, Amazon, Facebook and Google after Nvidia's rise

Preview: What does Nvidia's rally this week mean for the tech's Big Four? Let's discuss case by case.

The National Rifle Association's lobbying machine is still potent despite financial woes that reduced its clout

Preview: The National Rifle Association still has a bevy of assets that it can use to influence the gun policy debate despite financial and internal turmoil.

Thousands of people are leaving Hong Kong — and now it's clear where they're going

Preview: Many global cities stand to benefit from Hong Kong’s increasing “brain drain” of talent. Here are the major metropolises that are taking the talent in.

Stocks could build on gains in the week ahead as investors await Friday's jobs report

Preview: Stocks could carry the latest rally's momentum into next week as investors look ahead to Friday’s jobs report.

Rep. Madison Cawthorn discloses 2021 'Let's Go Brandon' cryptocurrency purchase days after ethics probe announced

Preview: Cawthorn bought up to $250,000 worth of "Let's Go Brandon" cryptocurrency a week before suggesting its price would "go to the moon."

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Medicare premium increase from Alzheimer's drug to be lowered next year

Preview: Health and Human Services Secretary Xavier Becerra announced on Friday that Medicare premiums would be adjusted for 2023 following a report that found the cost of including a new Alzheimer's medication into the program had been overestimated. "Today, U.S. Department of Health and Human Services (HHS) Secretary Xavier Becerra announced that Medicare Part B premiums...

McCarthy questions Jan. 6 panel’s legitimacy in response to subpoena

Preview: House Minority Leader Kevin McCarthy (R-Calif.) responded to a subpoena from the House Select Committee investigating the Jan. 6 attack in a letter from his lawyer on Friday that questioned the panel’s legitimacy and requested more information from the panel. “All valid and lawfully issued subpoenas must be respected and honored. Unfortunately, the words and...

O'Rourke: People at NRA convention 'not our enemy'

Preview: Democratic gubernatorial candidate Beto O’Rourke spoke at a pro-gun control rally outside the National Rifle Association (NRA) convention on Friday, where he urged NRA supporters and the protesters to not see each other as the enemy. “To those who are attending the NRA convention across the street, you are not our enemies. We are not...

After Colombia’s elections the US must be prepared to engage Petro

Preview: Petro is a former Marxist guerilla and former member of the M-19 group that committed terrible violent acts against innocent civilians.

Democrats ask Apple, Google to prohibit apps from using data mining to target people seeking abortions

Preview: A group of Senate Democrats asked Apple and Google to prohibit apps available in their app stores from using data mining practices to target people seeking abortion services in letters sent to the tech giants Friday. The senators, led by Sen. Ed Markey (Mass.), asked the companies to review and update their app store policies...

US must lead on decarbonizing international financing for development projects

Preview: The recent 2022 Intergovernmental Panel on Climate Change report offered a dire warning from the world’s top scientists about the consequences of climate inaction: Climate change is killing the planet and we are not prepared. And the truth is, we are running out of time to curb the destructive effects already seen in our communities...

‘X’ gender designation will soon be available for New York residents

Preview: Story at a glance New York residents beginning June 24 will have the option to select a gender-neutral “X” gender marker on their IDs, the governor’s office said Friday. Transgender residents will also be able to self-select their gender without providing additional documentation. The change is part of the state’s Gender Recognition Act, which was...

Legal experts fear overturning Roe v. Wade puts other liberties at risk too

Preview: Story at a glance Earlier this month, Politico published a draft opinion that stated the Supreme Court planned to overturn Roe v. Wade, the landmark ruling that abortion is a constitutional right. While the decision is not final in the Dobbs v. Jackson Women’s Health case, the Supreme Court is expected to issue its ruling this...

What we know about monkeypox cases in the US

Preview: Nine likely cases of monkeypox have been identified in the U.S. so far as the virus continues to spread throughout Western countries, outside of the central and western African regions where it typically occurs. Health authorities have been quick to advise against panic, with the Centers for Disease Control and Prevention (CDC) still considering monkeypox...

Watch live: Trump, Cruz set to speak at NRA convention

Preview: Former President Trump is scheduled to speak Friday afternoon at the National Rifle Association’s annual meeting in Houston, Texas. The convention is being held days after a mass school shooting in Uvalde, Texas, killed 19 children and two teachers. Texas Gov. Greg Abbott (R) and Sen. Ted Cruz (R-Texas) are also slated to speak at...

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'Wrong decision': Police should have confronted Texas school gunman sooner, official says

Preview: The head of the Texas Department of Public Safety said at a press conference that police officers should have entered the school sooner in Uvalde.

The NRA scaled back conference after Columbine out of sympathy; today, full steam ahead

Preview: The NRA convention in Houston comes days after a gunman murdered children in Uvalde, several hours away, similar to what unfolded near Columbine.

Delta is cutting 100 daily flights this summer. Here's what to know if yours if one of them.

Preview: Delta says the impacted flights will mostly be in the U.S. and Latin America. Passengers will be notified via text or email, the airline said.

Texas schoolchildren begged for help with officers waiting outside. Be very mad about that.

Preview: Why and how did a communication breakdown of this deadly proportion happen? How could 19 children get gunned down while officers were right outside?

Southern Baptist Convention leaders publish long-secret list of ministers accused of abuse

Preview: Southern Baptist Convention officials released a list maintained in secret, one of the first major steps after an explosive report this week.

Johnny Depp, Amber Heard's libel case is now in jurors' hands. Read the closing arguments

Preview: After weeks of intense testimony, the jury in the Johnny Depp, Amber Heard libel trial will hear closing arguments Friday.

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Big Lots, Hibbett Become Latest Retailers to Show Inflation Pain

Preview: Big-box chain Big Lots and sporting-goods retailer Hibbett saw double-digit sales declines as higher prices across the spectrum dent shopper spending power.

SEC Confirms Probe Into Elon Musk's Disclosure of Twitter Stake

Preview: The agency is asking the Tesla CEO why he didn’t make the required filing within 10 days after his Twitter stake crossed the 5% threshold.

Uber and Lyft's New Road: Fewer Drivers, Thrifty Riders and Jittery Investors

Preview: The companies are cutting costs, bringing back cheaper rides and looking for new ways to woo drivers.

China Smartphone Demand Weakens Amid Covid Resurgence

Preview: From Apple to chip makers, companies warn of fewer shipments and weaker consumer spending in the world’s biggest smartphone market.

The No-Nonsense Investor Behind SeaWorld's Sea Change

Preview: The once-beleaguered theme-park company’s largest shareholder and chairman, Scott Ross, has turned things around—sometimes using a blunt approach.

Household Spending Rise Leans on Savings

Preview: U.S. households boosted spending for a fourth straight month in April, but the savings rate fell to the lowest in 14 years, suggesting many Americans are tapping savings to offset cost increases from inflation.

Inflation Eased Slightly in April, According to Fed's Preferred Measure

Preview: Consumer prices rose 6.3% in April from a year earlier, down from 6.6% in March, as measured by the Commerce Department’s personal-consumption expenditures price index, but remained near a four-decade high.

Fed Official Says Digital Dollar Could Coexist With Stablecoins

Preview: Lael Brainard testified before a House committee on the benefits and risks of a central bank digital currency.

Retailers Get Lift From Resilient Shoppers

Preview: Macy’s and Dollar Tree reported strong sales that bucked broader trends among retailers, but they warned of signs that inflation is changing consumer behavior.

Jobless Claims Dropped Last Week, Remain Near Historic Lows

Preview: Initial jobless claims, a proxy for layoffs, decreased to 210,000 last week and remain near 2019 prepandemic levels, when the job market was also historically tight.