2024

TL/DR - Congressman Jim Jordan is facing accusations of hypocrisy as he takes credit for the benefits of Joe Biden's Inflation Reduction Act, a measure he voted against. Jordan, a staunch opponent of Biden and co-leader of the push to investigate the president for potential impeachable offenses, celebrated the act's successes on social media.…

TL/DR - Harvard Professor and former Treasury Secretary, Larry Summers, discussed the impacts of the green investment boom and the AI revolution on interest rates during a Bloomberg interview. He expressed confusion about the Federal Reserve's belief that the neutral rate will remain at 2.6, suggesting it is likely to be much higher due to…

TL/DR - The US Senate has approved a $1.2 trillion spending package for fiscal year 2024 in a 74-24 bipartisan vote, which will now be sent to President Biden for his signature. The decision was made six months behind schedule and caused a minor funding lapse that isn't expected to have a significant effect. The package includes funding for…

TL/DR - A shooting incident in Tempe, Arizona, resulted in two people, including one juvenile, being hospitalized for non-life-threatening gunshot wounds. The incident, which took place on the evening of March 22 near Evergreen Road and University Drive, involved an exchange of gunfire between the individuals and occupants of a vehicle, who left…