Tag: arent
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The Fed is finally cutting rates, but banks aren’t in the clear just yet
Falling interest rates are usually good news for banks, especially when the cuts aren’t a harbinger of recession. That’s because lower rates will slow the migration of money that’s happened over the past two years as customers shifted cash out of checking accounts and into higher-yielding options like CDs and money market funds. When the Federal Reserve cut…
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Consumers aren’t likely to see major shortages from port strike in the near-term
The AFBF said feedstocks that go into other food products, including soybeans, cocoa beans and sugar cane, could also be affected, but consumers aren’t likely to feel a hit from these immediately. Furniture and other manufactured goods, especially machinery like farm equipment, vehicles and auto parts, could also be disrupted, the lobbying group said. Most…
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Virginia GOP Senate candidate suggests people tolerant of drag queens aren’t tough enough for the military
Hung Cao, the Republican Senate nominee in Virginia, disparaged people who are tolerant of drag queens by implying Wednesday that they are not tough enough to serve in the military. The remarks came during a televised debate against Democratic Sen. Tim Kaine when one of the moderators asked Cao about his previous comments tying what…
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Vance says allegations against Mark Robinson ‘aren’t necessarily reality’
LEESPORT, Pa. — Sen. JD Vance on Saturday reacted for the first time to the bombshell report about Mark Robinson, the Republican candidate for governor in North Carolina, saying that the allegations against Robinson “aren’t necessarily reality.” “The allegations are pretty far out there, of course, but I know that allegations aren’t necessarily reality,” Vance,…