Congressional Budget Office projects lower inflation and higher unemployment into 2025
The Congressional Budget Office says it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years.
Navy probe prompted by suicides condemns conditions at shipyard: 'We let our people down'
A Navy investigation triggered by a series of suicides is recommending widespread improvements in housing, food, parking and internet for sailors, as well as changes to mental health and other personnel programs.
Perfect tranquility: Some resonating words from the first inauguration
The inauguration of George Washington as the first President of the United States. (Photo by MPI/Getty Images)Things have changed quite a bit since the first presidential inauguration in 1789. Illustration of American general and politician George Washington (1732 - 1799) receiving the news of his election as the first American president, 1789. While emphasizing the public good, Washington addressed the need for a strong Constitution and Bill of Rights. He also said he would be declining pay beyond what the public good thought was required.
'A sad day': NBA reacts to Capitol protest, Blake decision
And in Phoenix, the Suns and Toronto Raptors stood in a circle and linked arms for the American and Canadian anthems. “It’s an embarrassing and shameful day in our country,” New Orleans coach Stan Van Gundy said. Wednesday's events came one day after the decision to not to bring charges against the officer who shot Jacob Blake in Kenosha, Wisconsin, last year was announced. The NBA had a rule for decades that players and coaches must stand for the national anthem. The Bucks said after the game they held the ball for 7 seconds to reflect the seven times Blake was shot.
The Latest: 8 German players test positive at world juniors
The school said Friday, Dec. 18, 2020, the players have decided to opt out of any potential bowl game. The IIHF also said two members of Sweden’s team staff tested positive. The network did not say if Michaels had tested positive or had been in contact with someone who had tested positive. The Huskies said in a statement that no one from their program was in close contact with the individual who tested positive at Seton Hall. Ferentz is the 23rd FBS coach to reveal publicly that he tested positive for the virus.
The Latest: Washington-Oregon football game canceled
___Utah State’s men’s basketball team is pausing full team activities and has canceled its game against Weber State on Saturday due to positive COVID-19 tests within the program. Texas (6-3, 5-3) returned three positive tests after blowing out Kansas State last week, prompting school officials to shut down practice. ___Citing a surge of positive COVID-19 cases and contact tracing in the football program, West Virginia has paused all football activities for the next seven days and will not host No. ___South Carolina has called off its men’s basketball game at George Washington on Monday because of a positive COVID-19 test. ___Georgia has canceled its women’s basketball game against Radford because of a positive COVID-19 test within the Highlanders’ program.
The Latest: Biden unleashes scathing attacks on Trump
(AP Photo/Andrew Harnik)WASHINGTON – The Latest on the presidential campaign (all times local):8 p.m.Joe Biden is letting loose against President Donald Trump in the final days of the presidential campaign. Noting Trump has called himself a “perfect physical specimen,” Biden, a devout Catholic, jokingly made the sign of the cross. The former president spoke Saturday at a drive-in rally at his first joint campaign event with Joe Biden. ___12:20 p.m.President Donald Trump says the nation is at a crossroads as Election Day approaches. But the Biden campaign is looking to capitalize on the favorable political environment in the state as the coronavirus pandemic drags down President Donald Trump in typically GOP-leaning states.