NEWS - FRIDAY, AUGUST 12, 2022 - NEWS
Western countries have agreed to continue long-term funding to help Ukraine’s military keep fighting nearly 5½ months after Russia invaded its neighbor ABC
VOA VIEW: How long will the world have to put up money to fight Russia - sanctions would be better and cheaper.
Attorney General Merrick Garland spoke Thursday after FBI agents searched former President Donald Trump's Mar-a-Lago residence in Palm Beach, Florida, on Monday ABC
VOA VIEW: Why did it take this long?
The agency says the new revisions acknowledge "the pandemic is not over" but should not disrupt daily life as much as it used to. CBS
VOA VIEW: About time for more double talk.
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John Mackey, who co-founded the grocery chain, is set to end his 44-year career at the company later this month. CBS
VOA VIEW: Socialists are trying to take over the US.
Credit bureau said fewer than 300,000 people were affected, while a lawsuit claims the true number could be in the millions. CBS
VOA VIEW: All should check their credit scores.
Economy is "experiencing a healthy deceleration, not a recession," Goldman Sachs analyst says. CBS
VOA VIEW: Don't accept this report as being correct - time will tell.
Inflation Reduction Act's $80 billion in IRS funding would come as the risk of getting audited is at a decade-long low. CBS
VOA VIEW: The answer is, yes.
Some customers could pay as much as $6.45 in additional costs for mailing packages during the holiday season. CBS
VOA VIEW: Once prices go up, don't count on a quick reduction.
The national average for a gallon of gas dropped below $4 on Thursday for the first time since March. Is more relief coming? CNBC
VOA VIEW: Supply and demand.
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The Justice Department had been under pressure to explain why the FBI raid the Florida home of former President Donald Trump. CNBC
VOA VIEW: No explanation made, yet.
As the balance of power in the startup world shifts back to those holding the purse strings, the industry has settled on a new math that founders need to accept. CNBC
VOA VIEW: People are tired of the monopoly.
Disney is raising prices on the strength of its brand and products rather than because of inflation. CNBC
Since the beginning of the pandemic high-earning households have moved to Sun Belt states, with Florida as the top destination by a wide margin. CNBC
VOA VIEW: Blue states are hurting their economies.
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With inflation running at 40-year highs, 36% of adults in a new survey said they have had to turn to savings to cover their living expenses. CNBC
VOA VIEW: These are bad times and getting worse.
White House officials are zeroing in on canceling $10,000 for all borrowers who earn less than $150,000 per year, CNBC reports. CNBC
VOA VIEW: No loan should be forgiven.
The Fed's interest rate hikes crushed tech stocks, but the longer-term truth is that an inflationary period for the economy is one in which technology wins. CNBC
VOA VIEW: Time will tell.
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Proposed tax credits of up to $7,500 for EVs under the Inflation Reduction Act could be counterintuitive for sales of EVs, according to several companies. CNBC
VOA VIEW: EV is not ready, and neither is the infostructure to support them.
Facebook on Thursday announced plans to test a new secure storage feature for backups of users' end-to-end encrypted chats on Messenger. CNBC
VOA VIEW: Facebook cannot be trusted or believed.
U.S. Attorney General Merrick Garland said Thursday the Justice Department has filed a motion to unseal the warrant and FBI property receipt for the search at former President Donald Trump's Mar-A-Lago residence. UPI
VOA VIEW: That is not an explanation why they took the action.
Sparked by a plunge in gasoline and energy costs, wholesale prices dropped for the first time in two years in a sign of easing inflation, the Labor Department said. UPI
The number of U.S. workers filing new unemployment claims has risen to its highest point since last fall, but analysts say the job market continues to show signs of strength. UPI
VOA VIEW: not a good sign.
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FBI Director Christopher Wray, the bureau's top official who signed off on the raid of former President Donald Trump's home in Florida this week, has condemned threats coming from far-right corners of social media. UPI
VOA VIEW: Threats are not a smart response.
North Korean leader Kim Jong Un declared a "brilliant victory" in the battle against COVID-19, state media said Thursday, three months after the isolated country officially reported its first case. UPI
A new dating app expected to be released in the United States next month will seek to spark romances among like-minded political conservatives "who aren't offended by everything." UPI
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Several Russian warplanes have been destroyed in dramatic explosions at a base in Crimea, the part of Ukraine that was annexed by Russia eight years ago, according to satellite imagery. UPI
VOA VIEW: Russia is paying a price.
Sen. Elizabeth Warren has opened an investigation into the effects state-level abortion bans are having on women's access to healthcare. UPI
VOA VIEW: Warren is an idiot.
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Former President Trump addressed the Conservative Political Action Conference. Voters will fight for the country and Trump in November and in 2024.
“The proud patriots here today are the beating heart of the conservative movement,” Trump said after taking the stage to the stirrings of The Village People’s hit “Y.M.C.A “ “You are the loyal defenders of our heritage, culture, our Constitution and our God-given rights. You never stop fighting for America, and I will never ever stop fighting for you.” Trump was frequently interrupted by raucous applause from the GOP activists who gathered for the CPAC conference in the Hilton Anatole’s Trinity Ballroom in Dallas.
In a nearly two-hour address, the former president threw out hefty chunks of red meat, coming out in favor of stop-and-frisk policing and the death penalty for drug dealers — a punishment he said was used in China for such offenses. The speech also came with the standard denunciations of old foes like Republican Senate Minority Leader Mitch McConnell — who he branded an “old broken crow” — and, of course, President Joe Biden. “You could take the five worst presidents in American history and put them together and they would not have done the damage Joe Biden has done to our country in two years,” he said. Trump, however, was mum on whether he would seek a rematch with Biden in 2024.
“I ran twice and won twice, and I did much better the second time than I did the first. And now we may have to do it again,” was all he offered. The question of whether or not Trump will seek to reclaim the White House in 2024 has dominated GOP political circles in recent months. The former president — now 76 years old — has publicly teased the possibility with little subtlety. “I’ve already made that decision,” he told New York Magazine last month, adding that the only decision left for him was whether he would announce something before or after the midterm elections.