Top Story: Layoffs Surge to 14-Month High as Inflation Crushes Employers —
Day: April 5, 2024
Layoffs Surge to 14-Month High as Inflation Crushes Employers
The number of people laid off from American companies reached the highest point since January 2023, according to data from outplacement firm Challenger, Gray & Christmas, Inc.
American employers cut 90,309 employees in March, 7 percent higher than the 84,638 employees laid off in February and higher than the 82,307 positions cut in January, according to a report from Challenger, Gray & Christmas, Inc. The layoffs are in contrast to seemingly strong job gains, which totaled 275,000 in February, while the unemployment rate ticked up to 3.9 percent.
Read MoreTop Commentary: The Unattainable American Dream Commentary: The Unattainable American Dream
Redistricting Won’t Hurt GOP Chances at Keeping the House, Experts Say
Changes in congressional district boundary lines across several states do not appear to have damaged Republicans’ chances of maintaining a majority in the House of Representatives after 2024’s elections, experts told the Daily Caller News Foundation.
North Carolina, Alabama, Louisiana and New York have experienced redistricting processes ahead of the 2024 election. While experts had previously forecast adverse changes from redistricting in these states that could have cost GOP incumbents their seats, the processes have resulted, on balance, in races where likely losses of some GOP seats could be offset by the gains in other states, experts told the DCNF.
Read MoreWeiss Acknowledges ‘Ongoing Investigation’ in Biden Tax Case, Spurring Congressional Probe
In the legal back-and-forth between Hunter Biden’s defense team and prosecutor Special Counsel David Weiss, the government appeared to acknowledge in court filings the existence of an ongoing investigation as part of the Hunter Biden tax investigation.
The government said in a request to seal certain documents that “The justification for the redaction and the sealed exhibits is that the redacted information contained in the filing and the sealed exhibits relates to a potential ongoing investigation(s) and the investigating agency(cies) specifically requested that the government request that the court seal the exhibits, as well as any accompanying reference in the pleading, in order to protect the integrity of the potential ongoing investigation(s).”
Read MoreTSNN Featured: Arizona House Committee Warns AG Kris Mayes Against Using Tax Dollars to ‘Influence Water Policy’ and ‘Harass’ Farmers
D.C. Bar Disciplinary Panel Makes Nonbinding Preliminary Determination of Culpability for a ‘Thought Crime’ in Disbarment Trial of Trump’s Former DOJ Official Jeffrey Clark
The disciplinary trial of Donald Trump’s former DOJ official Jeffrey Clark wrapped up on Thursday with the D.C. Bar’s disciplinary panel making a nonbinding preliminary determination that Clark was culpable on at least one of the two counts against him.
Read More‘The Swamp is Getting Deeper’: EPA Awards Billions from Biden’s Landmark Climate Bill to Organizations Loaded with Democrat Insiders
The Environmental Protection Agency (EPA) awarded nearly $14 billion Thursday to three organizations with deep ties to the Biden administration and the Democratic Party.
The EPA announced the winners of $20 billion of funding from the massive Greenhouse Gas Reduction Fund (GGRF), a program created by President Joe Biden’s signature climate bill, the Inflation Reduction Act. Among the selected awardees are Climate United, the Coalition for Green Capital and Power Forward Communities, three groups that are taking home almost $14 billion combined to establish financing operations for a wide variety of green technology and energy projects under the GGRF’s National Clean Investment Fund.
Read MoreTrump Calls for Sanctions, Censure of Special Counsel Jack Smith
Former President Donald Trump called for special counsel Jack Smith to be sanctioned or censured for “attacking” the judge in Trump’s classified documents case.Â
Trump’s comments on Thursday come after Smith and his team of prosecutors made it clear they think Judge Aileen Cannon’s latest ruling was based on “an unstated and fundamentally flawed legal premise.” Prosecutors objected to Cannon’s order to produce proposed jury instructions under two different legal scenarios. Smith said both legal scenarios were flawed.
Read MoreOhio Congressman Introduces Bill to Repeal 16th Amendment, Arguing Government Shouldn’t Tax Income
Congressman Warren Davidson, R-Ohio, introduced legislation to repeal the 16th Amendment, stating that the government should not tax people’s income.
“Originally the country didn’t have an income tax,” Davidson said on the Wednesday edition of the “Just the News, No Noise” TV show. “They passed the 16th amendment to make it legal to tax people’s income. It was originally just going to be for the really, really rich people. And of course, now it’s hitting everybody.”
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