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Joe Biden Is Third Least Popular President in American History, Poll Shows

Conservative TimesFebruary 13, 20240

During President Joe Biden’s third full year in office, from Jan. 20, 2023, to Jan. 19, 2024, an average of 39.8% of Americans approved of his job performance. This places him among prior presidents in the Gallup polling era who were elected to their first term, with only Jimmy Carter faring worse in his third year, averaging 37.4% approval. Biden’s third-year average was lower than both his first-year (48.9%) and second-year (41.0%) averages, making it the second lowest for recent presidents, ahead of only Trump in both years. He registered new personal lows of 37% job approval in April, October,

Six people unaccounted for, feared dead in burned out house near Philadelphia

ReutersFebruary 8, 20240

(Reuters) -Investigators on Thursday said six members of a family were unaccounted for and feared dead in the charred ruins of a house in a Philadelphia suburb after the home was set ablaze by a suspect who shot and wounded two responding police officers. The family, whose surname is Le, were residents of the house, according to Delaware County District Attorney Jack Stollsteimer. Investigators also found the charred torso of one individual and have recovered a rifle, he said. The incident began on Wednesday when police officers responded to a home in East Lansdowne, a suburb just west of Philadelphia,

At least 6, including children, feared dead in Philadelphia-area fire

ReutersFebruary 7, 20240

(Reuters) – Six to eight people are feared dead in a house fire that broke out near Philadelphia on Wednesday, and two police officers responding to the blaze were wounded by gunfire from inside the home, officials said. The suspected shooter was believed to have set fire to the home and was among those still inside, Delaware County District Attorney Jack Stollsteimer said. News video showed flames and smoke billowing out of the two-story, wood-frame home. The fire was burning too intensely to enter, so officials said they would wait until Thursday to search for victims, Stollsteimer told reporters. “I

Malaysia central bank likely to keep rates untouched until at least 2026

ReutersJanuary 19, 20240

By Susobhan Sarkar and Indradip Ghosh BENGALURU (Reuters) – Bank Negara Malaysia (BNM) will leave its overnight policy rate (OPR) unchanged at 3.00% on Jan. 24 and hold it there until at least end-2025 as price pressures are expected to increase and growth remains steady, a Reuters poll of economists showed. That outlook was despite inflation easing to 1.5% in November – its lowest since March 2021 – and remaining far below the government’s estimate of 3%-4% for 2023, partly due to BNM hiking rates by a cumulative 125 basis points between May 2022 and May 2023. With the Malaysian

Illicit crypto addresses received at least $24.2 billion in 2023 – report

ReutersJanuary 18, 20240

By Elizabeth Howcroft LONDON (Reuters) – At least $24.2 billion worth of crypto was sent to illicit crypto wallet addresses in 2023, including addresses identified as sanctioned or linked to terrorist financing and scams, crypto research firm Chainalysis said on Thursday. Cryptocurrencies enable people to send money around the world without using the mainstream financial system. The underlying blockchain technology creates a record of transactions where senders and receivers are identified only by their wallet addresses, which are a string of letters and numbers. Chainalysis said the $24.2 billion number is almost certainly an underestimation and will rise as it

Maersk CEO sees Red Sea shipping disruption lasting ‘at least a few months’

ReutersJanuary 17, 20240

By Jacob Gronholt-Pedersen and Megan Davies DAVOS, Switzerland (Reuters) -Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels in the Red Sea will probably last at least a few months. Maersk and other large shipping lines have instructed hundreds of commercial vessels to stay clear of the Red Sea, sending vessels on the longer route around Africa in response to attacks on shipping by Iranian-backed Houthi militants. “So for us this will mean longer transit times and probably disruptions of the supply chain for a few months at least, hopefully shorter,

Bank Indonesia to stay put on Jan 17, no cut until at least Q3

ReutersJanuary 11, 20240

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Bank Indonesia (BI) will keep its key interest rate unchanged at 6.00% on Wednesday and until the third quarter as inflation is within the central bank’s target and to ensure rupiah stability, a Reuters poll of economists showed. Inflation, at 2.61% in December, declined steeper than expected and has been within BI’s 2023 target range of 2.0% to 4.0% for the last seven months. That was partly down to the central bank hiking rates between August 2022 and October 2023 by a cumulative 250 basis points. All 30 economists in the Jan.

India likely to surpass FY24 target for state-run firms’ dividends by at least $1.4 billion – source

ReutersJanuary 4, 20240

NEW DELHI (Reuters) – The Indian government will likely exceed its fiscal year target for dividends from state-run companies by at least 120 billion rupees ($1.4 billion), partly offsetting an expected shortfall from share sales, a government source aware of the matter said on Thursday. The dividend receipts could range from 550 billion rupees to as much as 600 billion rupees, the source said, potentially topping not only the government’s target of 430 billion rupees for the April-March fiscal year but also the 595 billion rupees it collected in dividends last fiscal year. So far this fiscal, India has received

At least 113 killed in attacks in central Nigeria -local official

ReutersDecember 25, 20230

LAGOS (Reuters) – The death toll in weekend attacks in the central Nigerian state of Plateau has risen to 113, a local official said on Monday, in a region where clashes between herders and farmers are common. It is the worst outbreak of violence in Plateau since May, when more than 100 people were killed in farmer-herder attacks. AFP News Agency had cited the Nigerian army on Sunday as saying 16 people were killed in the latest attacks. The acting chairman of Bokkos Local Government Area of Plateau State, Monday Kassah, said 113 people had been killed in the attacks

At least 66% of jobs lost in Gaza, more losses possible, ILO says

ReutersDecember 20, 20230

GENEVA (Reuters) – At least 66% of jobs have been lost in Gaza since the Israel-Hamas conflict erupted in October, the International Labour Organization (ILO) said on Wednesday, warning that employment losses could continue to increase in the enclave. The losses amount to a total of 192,000 jobs in the small Palestinian territory, the ILO said in its second assessment of the impact of Israeli ground and air strikes on Gaza which began after a deadly cross-border incursion by Hamas gunmen on Oct. 7. In a first assessment released in early November, ILO estimated that 182,000 jobs had been lost

Woodside, Santos proposed $52 billion tie-up unlikely to be sealed until at least Feb -source

ReutersDecember 14, 20230

By Scott Murdoch and Lewis Jackson SYDNEY (Reuters) – Australia’s Woodside Energy and rival Santos are unlikely to announce any agreement on a proposed A$80 billion ($52 billion) tie-up to create a global oil and gas giant until at least February, said a person with direct knowledge of the talks. Woodside and Santos last week confirmed speculation they were in preliminary discussions to create a joint entity that would have assets stretching from Australia to Alaska, the Gulf of Mexico, Papua New Guinea, Senegal and Trinidad and Tobago. Bankers are currently getting data and details on both companies, and work

Cuba’s gasoline is a bargain – at least for those with dollars

ReutersDecember 13, 20230

By Dave Sherwood and Mark Frank HAVANA (Reuters) – Cuban gasoline, already one of the world’s best bargains, is getting cheaper by the day for those with access to dollars, as the local peso currency continues its freefall against the greenback. “Special” (94 octane) gasoline sells on the Caribbean island nation for 30 pesos, or 11 cents per liter (42 cents/gallon) at the current black market exchange rate, among the world’s cheapest fuel, according to online database GlobalPetrolPrices.com. A typical half-liter of bottled water in Cuba, by comparison, sells for between 100 and 200 pesos, more than ten times the

SNB to hold rates through at least September, longer than the ECB- Reuters poll

ReutersDecember 11, 20230

By Indradip Ghosh BENGALURU (Reuters) – The Swiss National Bank will hold its key policy rate until at least the third quarter of next year, longer than the European Central Bank, despite price pressures having eased, according to the forecasts of a majority of economists polled by Reuters. Despite a downward trend in inflation, which was within the SNB’s target range of 0-2% for a sixth consecutive month in November, SNB Chairman Thomas Jordan recently said it would not hesitate to tighten monetary policy further if necessary. Markets have ignored Jordan’s comments and are pricing in the first rate cut

At least 11 dead after violent clash in central Mexican town

ReutersDecember 8, 20230

MEXICO CITY (Reuters) -A violent confrontation between suspected criminals has left at least 11 people dead in the town of Texcaltitlan in central Mexico, state security officials said on Friday. Eight of the deceased were suspected to be tied to criminal activities, the security ministry for the state of Mexico said in a statement, adding that three victims were members of the community. State police were working with the National Guard and other authorities to provide more details on the incident, the statement added. A video shared by a Mexican media outlet on social media showed fighting break out among

Fed to hold rates until at least July; first cut not start of stimulus wave: Reuters poll

ReutersDecember 6, 20230

By Prerana Bhat and Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will hold interest rates until at least July, later than earlier thought, according to a slim majority of economists in a Reuters poll who said the first cut would be to adjust the real rate of interest, not the start of stimulus. All but five of 102 economists in the Dec. 1-6 Reuters poll said the Fed was done hiking in this cycle, even though Chair Jerome Powell said last week policymakers were “prepared to tighten policy further if it becomes appropriate to do so”. The debate

Bank of Korea to hold rates at 3.50% until at least mid-2024: Reuters poll

ReutersNovember 27, 20230

By Devayani Sathyan BENGALURU (Reuters) – The Bank of Korea will hold its key policy rate at 3.50% when it meets on Thursday as inflation remains sticky, according to a Reuters poll which also forecast the first rate cut won’t be until the third quarter of 2024. Although the Bank of Korea (BOK) expected a brief rise in inflation in November the figure came in at nearly twice the central bank’s 2.0% target. Signs of a soft landing in Asia’s fourth-largest economy, coupled with a rebound in household debt in one of the most indebted countries in the world, indicate

Alaska landslide kills at least 3 people, more believed to be missing

ReutersNovember 22, 20230

By Steve Gorman (Reuters) -At least three people have been killed, and three others are believed to be missing, in a landslide on the principal highway serving an island community in Southeast Alaska, state officials said on Tuesday. A steep, heavily wooded mountain slope gave way on Monday night along a coastal stretch of the Zimovia Highway in Wrangell, Alaska, a fishing and logging town of about 2,000 residents 155 miles (250 km) south of Juneau, the state capital, officials said. One person was also injured. The collapse of the mountainside followed a storm that swept Southeast Alaska with heavy

Bank Indonesia to maintain key rate at 6.00% until at least mid-2024: Reuters poll

ReutersNovember 20, 20230

By Susobhan Sarkar BENGALURU (Reuters) – Bank Indonesia (BI) will leave its key policy rate unchanged at 6.00% on Thursday and likely keep it at that level until at least mid-2024, according to a Reuters poll of economists in which a few respondents still expected another rate hike. Despite inflation inching up to 2.56% in October from 2.28% in September, it was still within the central bank’s 2%-4% target range for the year, suggesting price pressures were less of a concern in Southeast Asia’s largest economy. Indeed, Bank Indonesia’s surprise 25-basis-point rate hike on Oct. 19 was aimed at propping

New York, New Jersey Ranked the Least Free States in America

Phil StiltonNovember 19, 20230

The latest “Freedom in the 50 States” index has ranked New Hampshire and Florida among the top states for personal and economic freedom in the United States. This comprehensive index, which evaluates both personal and economic freedoms, placed South Dakota, Nevada, and Arizona also in the top five. Conversely, New York has been ranked as the least free state, a position it has consistently held since 2000. Hawaii’s recent decline placed it below California, with New Jersey and Oregon completing the bottom five. The rankings reflect the states’ situations as of the beginning of 2023, accounting for legislative changes made

Six dead, 18 sent to hospitals after Ohio highway crash

ReutersNovember 14, 20230

By Steve Gorman (Reuters) -Six people were killed and 18 others were injured on Tuesday in a fiery chain-reaction crash involving a charter bus, a tractor-trailer truck and three other vehicles on a highway in central Ohio, state police said. The bus, carrying students and adult chaperones from the Tuscarawas Valley school district in eastern Ohio to an education conference, accounted for three of the dead and 16 of the injured, including the bus driver, according to Ohio highway patrol. The injured were all taken to area hospitals. The three bus passengers who perished were students – two 18-year-old males

Repairs to arson-damaged Los Angeles freeway expected to take at least 3 weeks

ReutersNovember 14, 20230

By Steve Gorman LOS ANGELES (Reuters) – A Los Angeles freeway section heavily damaged by a weekend fire can be salvaged and reopened after extensive repairs rather than having to be demolished and rebuilt, a project that nevertheless will likely take three to five weeks, officials said on Tuesday. The decision to brace and repair the stricken portion of the Santa Monica Freeway in lieu of a more costly, months-long effort to tear down and replace it, was based on engineering tests showing the structural integrity of the freeway deck remained stronger than anticipated. The project was expected to commence

Starbucks to raise wage for U.S. store workers by at least 3% from 2024

ReutersNovember 6, 20230

(Reuters) – Starbucks will raise the hourly pay for its U.S. retail workers by at least 3% from 2024, it said on Monday as it plans to expand its store count amid strong demand for its coffees from younger and more affluent customer base. The company had last week said it would increase the number of stores globally to 55,000 by 2030 from 38,000, while aiming to double the hourly income of baristas over the next two year from 2020 levels through more working hours and higher pay. It has about 17,000 stores in North America and its U.S. workers

Australia’s NAB targets at least $633 million in lending to indigenous businesses

ReutersOctober 31, 20230

(Reuters) – National Australia Bank Ltd said on Wednesday it has set a new target to more than double its lending to indigenous businesses and communities to at least A$1 billion ($633.70 million) over the next three years. The move comes at a time when banks have borne the brunt of increased regulatory scrutiny in a push for better banking outcomes for indigenous consumers, including access to better finances and quality of life. Earlier this year, a review by the country’s corporate regulator found banks were falling short of meeting targets for moving First Nations people into low-fee accounts. NAB,

Multiple Shootings Across Philadelphia Send At Least Five to City Hospitals

Ryan DickinsonOctober 30, 20230

PHILADELPHIA, PA – Philadelphia witnessed a series of shootings Friday night into Saturday morning. At around 11:30 pm on Friday, police attended a double shooting on the 2800 block of West Oxford Street. Two men were injured but are currently recuperating. In a separate incident, at roughly 3:45 am on Saturday in West Philadelphia, shots were fired on the 5900 block of Market Street, injuring a man and a woman. The woman was transported to Penn Presbyterian Medical Center, while the man reached Presbyterian using personal means. Both victims are listed as stable. Another incident took place at about 1:15

ECB hiking campaign is over but no easing until at least July: Reuters poll

ReutersOctober 19, 20230

By Jonathan Cable LONDON (Reuters) – The European Central Bank’s rate hiking cycle is over, according to all 85 economists polled by Reuters, but it won’t be until at least July 2024 before it begins easing as the battle against elevated inflation rattles on. In September the ECB raised its key interest rates by 25 basis points, taking the deposit rate to 4.00% and the refinancing rate to 4.50%, but signalled its 10th hike in a 14-month-long streak was likely to be its last. None of the 85 economists polled by Reuters Oct. 12-19 had another lift in their outlook,