Ousters, upsets halfway through 2022 primary election season
More than halfway through a tumultuous primary season, voters have rendered verdicts in a number of contests, many of which featured candidates arguing they best represented a continuation of policies favored by former President Donald Trump.
Georgia GOP picks Collins and McCormick in Congress runoffs
Georgia Republicans chose their nominees in two heavily GOP districts in Tuesday runoffs. In the 10th Congressional District east of Atlanta, Mike Collins beat former Democrat Vernon Jones. In suburban Atlanta’s 6th District, Rich McCormick beat Jake Evans.
Kemp backs Collins in Georgia race in further slap at Trump
Gov. Brian Kemp on Thursday endorsed Mike Collins in Georgia's 10th Congressional District runoff, a move that once again puts him at odds with former President Donald Trump while helping him settle the score against a former opponent. Kemp is the latest member of the Republican establishment to back Collins, a trucking company owner and son of the late congressman Mac Collins. Collins is running against Vernon Jones, a former primary foe of Kemp's who has received Trump's backing.news.yahoo.com
CDC issues halt on evictions nationwide through December
JACKSONVILLE, Fla. To help renters affected by the pandemic, Gov. Ron DeSantis extended his order preventing foreclosures and evictions in Florida for tenants who can prove theyve been affected by the pandemic. The halt on evictions is through Dec. 31. I can say, Ive never seen something like this is 30 years practicing law, said Jim Kowalski, president and CEO of Jacksonville Area Legal Aid. Kowalski said Jacksonville Area Legal Aid has several resources to help with rental assistance, including FloridaEvictionHelp.org.
The plunge in bond yields is scary now but could be helpful later
Government bond yields have reached what were once-unthinkable levels. Bond prices and yields move inversely to one another. Remember, we had a lot of economic momentum going into this." But Rupert also thinks the drop in yields, while signifying near-term panic, are signaling what could be a better path ahead. The debate over lower yieldscnbc.com
The market now sees the Fed cutting by 75 basis points in March
Friday's stock market rout and a fresh record low in government bond yields pushed traders to assign a 65% chance of a 75 basis point cut by the March 17-18 Federal Open Market Committee meeting, according to the CME's FedWatch tracker. If the market is correct, the cut in the federal funds rate would take the borrowing cost in short-term markets down to a range of 0.25%-0.5%. On Tuesday, the Fed announced a 50 basis point cut that put the current target to 1%-1.25%. In afternoon trading Friday, the market was pricing in a 0.53% funds rate, but that was drifting lower through the day. The possibility of the Fed going to zero, where it went in December 2008 and stayed for seven years, rose through the day Friday.cnbc.com
Astronauts hailed as heroes 50 years after historic moon landing
We honor these men today, and America will always honor our Apollo astronauts.Armstrong, the first man on the moon, died in 2012 at age 82. Trump instead repeated his interest in a NASA mission that would take astronauts directly to Mars, a vastly more challenging and costly endeavor. Slideshow (15 Images)To get to Mars, you have to land on the moon, they say. Any way of going directly without landing on the moon? Is that a possibility? the Republican president asked Bridenstine during an event in the White House Oval Office.feeds.reuters.com