The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend more cautiously. Retail purchases were flat after having risen 0.8% in June, the Commerce Department reported Wednesday. Economists had expected a slight increase. Still, Wednesday’s report… Read More
Planned Parenthood to spend a record $50M in midterm elections
Planned Parenthood, the nation’s leading reproductive health care provider and abortion rights advocacy organization, plans to spend a record $50 million ahead of November’s midterm elections, pouring money into contests where access to abortion will be on the ballot. The effort, which breaks the group’s previous $45 million spending record… Read More
The IRS audit of your taxes — Biden’s new plan
by Frank Holmes, reporter Now that Congress has passed the “Inflation Reduction Act,” the IRS will audit more than 710,000 more middle-class Americans… and conservatives may be the first ones in their sights. The bill, which is a watered-down version of the Green New Deal and some provisions of the… Read More
Samsung billionaire earns conviction pardon
Samsung’s de-facto leader secured a pardon Friday of his conviction for bribing a former president in a corruption scandal that toppled a previous South Korean government, an act of leniency that underscored the tech company’s huge influence in the nation. Lee Jae-yong’s pardon is partially symbolic since he was released… Read More
San Francisco trash cans take years and cost $19K
What takes four years to make and costs more than $20,000? A trash can in San Francisco. That costly, boxy bin is among six trash cans hitting San Francisco’s streets this summer in the city’s long saga in search of the perfect can. Overflowing trash cans are a common sight… Read More
Fox News owner reaches agreement on divorce
Model-actor Jerry Hall and Fox News owner Rupert Murdoch have agreed to the terms of their pending divorce, her attorney said Thursday. Hall filed a request in Los Angeles Superior Court on Wednesday to dismiss her original petition for divorce from Murdoch, which she filed last month, with permission to… Read More
Atlanta festival cancelation renews fight over guns
Tens of thousands of Music Midtown festivalgoers are no longer going to descend on Atlanta’s massive Piedmont Park next month to cheer on hip-hop star Future or watch beloved rock band My Chemical Romance take the stage. In fact, some people are convinced Atlanta — center of the nation’s hip-hop… Read More
Gas prices dip below $4 for the first time since March
Gasoline prices dipped to just under the $4 mark for the first time in more than five months — good news for consumers who are struggling with high prices for many other essentials. AAA said the national average for a gallon of regular was $3.99 on Thursday. Prices have dropped… Read More
Axios bought for $535 million by… WHO?!
It’s an old and new media marriage: Axios Media, the digital news site known for its to-the-point blurbs on politics, tech and business, is being acquired by Cox Enterprises, the media conglomerate that owns the Atlanta Journal-Constitution, the Kelley Blue Book and major broadband internet services. Cox said Monday that… Read More
Report: Inflation lower? Not so fast…
Falling gas prices gave Americans a slight break from the pain of high inflation last month — but don’t open the champagne quite yet. Overall price increases slowed only modestly from the stunning four-decade high that was reached in June. Consumer prices jumped 8.5% in July compared with a year… Read More
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