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Fast-rising Dem star Wes Moore to be inaugurated Wednesday One of the fastest-rising stars in the Democratic Party will be sworn in on Wednesday when Wes Moore is inaugurated as the new governor of Maryland. It will be a historic moment when Moore takes the oath of office: He’ll be the first Black governor of…
The Hill’s Morning Report — McCarthy urges Biden to negotiate on debt Editor’s note: The Hill’s Morning Report is our daily newsletter that dives deep into Washington’s agenda. To subscribe, click here or fill out the box below. Close Thank you for signing up! Subscribe to more newsletters here The latest in politics and policy….
Five mayoral races to watch in 2023 Americans will vote for some of their top local leaders as major cities across the country hold mayoral elections in 2023. The majority of the country’s largest cities have mayors who are Democrats or are affiliated with the party, though many of the mayoral races are technically nonpartisan….
In deposition, Trump dismisses ‘hoax’ rape claim, threatens to sue accuser Former President Trump repeatedly insulted and threatened to sue a writer who has accused him of raping her in the 1990s, according to recently unsealed portions of his October deposition. Trump is being sued by E. Jean Carroll, who has accused the former president…
Biden knocks ‘fiscally demented’ Republicans in MLK Day speech President Biden on Monday called Republicans “fiscally demented” and knocked GOP priorities during the keynote speech at the National Action Network’s (NAN) annual breakfast to mark Martin Luther King Jr. Day. “They’re gonna talk about big-spending Democrats again. Guess what? I reduced the deficit last year…
Republicans decry ‘double standard’ in handling of Biden classified documents case Republicans see a double standard when it comes to how President Biden’s handling of classified documents is being treated compared to how a similar controversy has played out regarding former President Trump. Months after Democrats panned Trump relentlessly for his handling of classified documents,…
” Macroeconomic data points toward intensifying pain for crypto investors in 2023 “ Undoubtedly, 2022 was one of the worst years for Bitcoin (BTC) buyers, primarily because the asset’s price dropped by 65%. While there were some explicit reasons for the drop, such as the LUNA-UST crash in May and the FTX implosion in November,…
“Dow jumps as December jobs report eases rate worries” Wall Street’s main indexes closed higher on Friday on news that while US payrolls expanded more than expected, wage increases slowed and services activity contracted, easing worries about the Federal Reserve’s interest rate hiking path. The Dow Jones Industrial Average soared 700.53 points, or 2.1%, to 33,630.61,…
“US job growth solid in December; unemployment falls to 3.5%” The U.S. economy maintained a strong pace of job growth in December, with the unemployment rate falling to 3.5%, but higher borrowing costs as the Federal Reserve fights inflation could see the labor market momentum slowing significantly by mid-year. Nonfarm payrolls increased 223,000 last month, the Labor…
Jobs report shows signs of a cooling economy — as well as its resiliency The final jobs report of 2022 showed U.S. employment growth slowing under the weight of higher interest rates and stubborn inflation, but not enough to derail a historically strong labor market. The U.S. added 223,000 jobs in December and brought the…