NEWS - MONDAY, OCTOBER 14, 2024 - NEWS
Former President Trump's campaign has called the economy the central issue, but in the final weeks it is airing ads during NFL games attacking transgender rights. LA Times
VOA VIEW: It has gone to far.
Amid the veneer of unity that Vice President Kamala Harris and President Biden have displayed ahead of the Nov. 5 election, some of their staffers have reportedly been butting heads behind the scenes. New York Post
VOA VIEW: Biden does not want to be accused of taking part of losing.
"She would have periods in time where she’d suddenly wake up in the middle of the day and she couldn’t remember anything from the last few hours." New York Post
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Four of the injured are in critical condition, with five others seriously wounded, according to Magen David Adom Director General Eli Bin. New York Post
VOA VIEW: Hezbollah will pay heavily.
Republican U.S. presidential candidate Donald Trump on Sunday suggested he could impose tariffs higher than 200% on vehicles imported from Mexico, saying his aim would be to prevent the selling of cars from Mexico into the United States. New York Post
Latino voters said they were open to Donald J. Trump’s immigration policies and hungry for change. New York Times
With the strikes in the Odesa region, Russia appears to be trying again to prevent Ukraine from exporting grain, harming its economy and pushing up world prices. New York Times
VOA VIEW: Russia must end quick.
They can’t tell you what you want to know. New York Times
VOA VIEW: Liberals want you to ignore Dems are losing.
NASA’s Europa Clipper mission represents something bigger than just the study of an icy moon of Jupiter. New York Times
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The U.S. Consumer Product Safety Commission announced the recall, which one of its commissioners said was “doomed to fail.” New York Times
Placing a high value on personal growth, millennials and Gen Z appear more likely than older generations to make hobbies and nonessential purchases a spending priority. New York Times
VOA VIEW: Two wasteful and foolish generations.
Kanye West has been accused of drugging and sexually assaulting his former assistant at a Sean ‘Diddy’ Combs party. OANN
Movie Star Dennis Quaid made an appearance during former President Donald Trump’s rally on Saturday, telling the crowd it is “time to pick a side.” OANN
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Democratic vice presidential candidate Tim Walz spent Saturday morning tramping through tall grass on the opening day of Minnesota's pheasant hunting season, giving the campaign a chance to highlight the governor's rural roots and love of outdoor sports. Washington Times
VOA VIEW: A worthless gesture.
Voters will decide in November whether California should raise its hourly minimum wage to $18 by 2026 and pay workers what would be the highest statewide minimum wage in the country. Washington Times
VOA VIEW: Workers will lose if it passes.
No sooner had residents of the Bahia Vista Gulf condominium complex dug out and from Hurricane Helene than they were faced with the same daunting cleanup from new damage inflicted by Hurricane Milton. Washington Times
VOA VIEW: Risks are taken a toll, but someone will take the chance.
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Florida residents continued their Hurricane Milton cleanup efforts while over one million were still without power. Florida Gov. Ron DeSantis said 37 million gallons of fuel arrived at Florida ports Saturday, but frustration boiled over north of Tampa where a fight broke out at a pump over its long wait times. CBS
VOA VIEW: These are hard times.
Two weeks after Hurricane Helene downed power lines across western North Carolina, volunteers are bringing solar power to communities in the region. CBS
Endangered whale species face a major threat on the high seas: cruise and container ships that have difficulty avoiding collisions with whales. CBS
Using laser scans and GPS cameras, accurate down to one inch, the U.S. Geological Survey has so far mapped more than 600 landslides caused by Hurricane Helene. CBS
SpaceX launched its fifth test flight of its Starship rocket on Sunday, taking a major step forward in the vehicle's development. CNBC
VOA VIEW: Great ingenuity.
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Despite women's stride in the workplace over the years, as they approach their 30s and 40s, their share of the labor force shrinks. CNBC
A gunman shot at least 10 people during a shooting near Tennessee State University on Saturday. At least one victim was killed. FOX News
Five former University of Michigan students have been charged after they allegedly covered up spying on a National Guard training center in Michigan for China. FOX News
VOA VIEW: They should be arrested, tried and put away for a long time.
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A Pennsylvania man was awarded $78 million after a jury agreed with his argument that he developed cancer from using the weed killer Roundup. FOX News
VOA VIEW: That is a large verdict.
The United Nations' peacekeeping force in Lebanon has warned Israel for the fourth time in as many days against "further flagrant violation of international law." UPI
VOA VIEW: Israel has given warning of safe havens - get out of the way when warned.
Secretary of State Antony Blinken has announced "mutually beneficial" trade and defense agreements with representatives of the Association of Southeast Asian Nations. UPI
The Federal Communications Commission Friday announced a six-month waiver to assist people affected by Hurricane Milton stay connected to phone and broadband service. UPI
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Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business conditions, the Conference Board reported. This was due to Biden/Harris stupidity.
The board’s consumer confidence index slid to 98.7, down from 105.6 in August, the biggest one-month decline since August 2021. The Dow Jones consensus forecast was for a reading of 104. By contrast, the index had a reading of 132.6 in February 2020, a month before the Covid pandemic hit. Each of the five components the organization samples fared worse on the month, with the biggest fall coming among those aged 35-54 and earning less than $50,000.
“Consumers’ assessments of current business conditions turned negative while views of the current labor market situation softened further. Consumers were also more pessimistic about future labor market conditions and less positive about future business conditions and future income,” said Dana Peterson, chief economist at The Conference Board. The last time the confidence index dropped more came as inflation was just beginning a climb to what ultimately was the highest level in more than 40 years. Stocks saw some brief losses following the release, while Treasury yields moved lower.
In addition to the steep drop in the confidence index, the present situation measure worsened by 10.3 points to 124.3 and the expectations index was off 4.6 points to 81.7. On the expectations measure, a reading below 80 is consistent with a recession. Respondents’ concerns focused mostly on jobs and inflation. Those saying jobs are plentiful continued to decline, falling to 30.9% from 32.7% in August, while the jobs “hard to get” measure rose to 18.3%, up from 16.8%. On inflation, the 12-month outlook rose to 5.2%, with concerns over price increases topping the list of economic concerns.
“The proportion of consumers anticipating a recession over the next 12 months remained low but there was a slight uptick in the percentage of consumers believing the economy was already in recession,” Peterson said. The survey comes less than a week after the Federal Reserve voted to lower benchmark interest rates by a half percentage point, citing a more favorable outlook for inflation and worries over a potentially softening labor market. It was the first rate cut in four years and double the traditional quarter-point reduction.
