Republicans May Note Have The Votes To Pass Funding Bill In The Senate
An Article Summarized by CBS News With a looming Friday deadline to avoid a government shutdown, Senate Minority Leader Chuck Schumer warned that Republicans lack the votes to pass the House-approved stopgap funding measure. The continuing resolution, which increases defense and ICE funding while cutting non-defense spending, passed the House with minimal Democratic support. However,…
Inflation Eased More Than Expected In February
An Article Summarized by CNBC Inflation slowed in February, with the Consumer Price Index (CPI) rising 0.2% for the month and 2.8% year-over-year, both below expectations. Core CPI, which excludes food and energy, also increased 0.2%, bringing its annual rate to 3.1%, the lowest since April 2021. Shelter costs remained a primary driver, while food…
Job Openings Rise More Than Expected
An Article Summarized by Investing.com The latest JOLTs Job Openings report from the US Bureau of Labor Statistics reveals a stronger-than-expected labor market, with 7.740 million job vacancies, exceeding the forecasted 7.650 million and the previous 7.508 million. This increase signals a solid job market, potentially driving wage growth and consumer spending—both supportive for the…
Changes At Southwest Airlines
An Article Summarized by CNBC Southwest Airlines is ending its “two bags fly free” policy, announcing that most passengers will now have to pay for checked luggage starting May 28. Only Business Select ticket holders, top-tier A-List Preferred members, and select credit card holders will still get free checked bags. The airline hasn’t disclosed exact…
Rocket Companies to Aquire Redfin
An Article Summarized by TechCrunch Rocket Companies is acquiring Redfin in an all-stock transaction valued at $1.75 billion. The deal will merge Rocket’s strengths in financing with Redfin’s real estate search services, aiming to streamline the home-buying process. Rocket, a Detroit-based holding firm that owns Rocket Mortgage and Rocket Money, will exchange 0.7926 shares of…
Ontario Will Implement A 25% Surcharge On Electricity Shipped To The U.S.
An Article Summarized by CBS News Ontario, Canada, is implementing a 25% surcharge on electricity exports to the U.S. in response to President Trump’s tariffs on Canadian products. The surcharge, effective March 10, will impact consumers and businesses in Michigan, Minnesota, and New York, adding up to CA$400,000 ($277,000) in daily costs. Ontario Premier Doug…
Indiana Man Shot By Secret Service Near The White House
An Article Summarized by USA Today The Secret Service shot an armed man near the White House early Sunday after receiving information that he might be suicidal and traveling to Washington, D.C., from Indiana. Authorities identified the man as 27-year-old Andrew Dawson from North Manchester, Indiana. The confrontation occurred around midnight when officers found his…