Five takeaways from explosive Trump, Mar-a-Lago filing
The government has delivered the latest dramatic twist in the saga of the FBI, former President Trump and the documents he was holding at Mar-a-Lago. A new filing released late on Tuesday casts more light on a case that exploded into public view when the former president’s Florida estate was raided on Aug. 8. The filing came in response to the Trump legal team’s request for the courts to appoint a so-called Special Master to review seized documents. Trump’s lawyers argue investigators should not have unfettered access to everything that was taken, saying that s
Read MoreMortgage applications sunk as interest rates spiked to end August
Mortgage applications dropped last week as interest rates on home loans spiked higher, according to data released Wednesday by the Mortgage Bankers Association (MBA). The MBA’s market composite index, which measures mortgage lending among the trade group’s members, fell 3.7 percent last week after seasonal adjustments. The drop came as the average 30-year fixed mortgage rate rose to 5.8 percent, the highest level since mid-July. Home sales have fallen sharply since March as the Federal Reserve began a series of interest rate hikes meant to slow the economy. Higher mortga
Read MoreSnapchat maker cutting 20 percent of global workforce
Snap Inc., the parent company of Snapchat, has announced plans to cut 20 percent of its global workforce due to the rise in inflation and interest rate hikes. In a statement on Wednesday, Snap Inc. CEO Evan Spiegel confirmed the job layoffs, saying that the company restructuring itself on three new strategic priorities: “community growth, revenue growth, and augmented reality.” “As a result, we have made the difficult decision to reduce the size of our team by approximately 20%,” Spi
Read MoreOz likens abortion to murder in unearthed audio
Republican Pennsylvania Senate candidate and former celebrity doctor Mehmet Oz referred to abortion as “murder” during a tele townhall in May, according to audio obtained by The Hill. “I do believe life starts at conception, and I’ve said that multiple times," Oz said in the audio. "If life starts at conception, why do you care what stage our hearts starts beating at? It’s, you know, it’s still murder, if you were to terminate a child whether their heart’s beating or not,” he said. The Senate candidate was responding to a question from
Read MoreHow the government vastly underreports its labor statistics
In July, according to the U.S. Census Bureau, more than 425,000 new business applications were filed. Just to give you an idea how huge that is, there were approximately 292,000 and 283,000 new business applications filed in July 2018 and 2019. Then things really got going. In July 2020 and July 2021, there were 553,000 and 445,000 new business applications filed. All in all, there
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