Americans are tired of Covid and ready to spend
CNN
The Omicron variant may be hurtling the labor market, hospitals, travel and in-person events into states of upheaval, but it's not expected to deter consumers from spending, Wells Fargo economists said Wednesday.
Consumer spending is expected to remain strong in 2022, despite an obstinate virus, a new variant causing a surge in infections, and some of the highest rates of inflation ever experienced by the majority of Americans, Wells Fargo economists Tim Quinlan and Shannon Seery wrote in their report.
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Air Force Secretary Troy Meink told lawmakers on Thursday that it will “probably” cost the Air Force less than $400 million to retrofit a luxury Qatari plane that President Donald Trump has said he is getting from the Qataris as a gift to use as the new Air Force One.
A program designed to flag travelers for potential extra screening and monitoring at airports and on airplanes will be discontinued, Homeland Security Secretary Kristi Noem announced Thursday.
President Donald Trump first focused on Joe Biden’s use of the autopen in March, leaning into the idea that the former president’s use of the tool to sign documents showed that he wasn’t in charge while in the White House and that his actions were “null and void.”
President Donald Trump appeared to confirm the deterioration of his relationship with Elon Musk, saying he was “very disappointed” in the tech billionaire after he repeatedly blasted the president’s sweeping domestic agenda bill in recent days.
Columbia University could find itself facing far-reaching consequences as the Trump administration threatens its accreditation and accuses the school of violating federal anti-discrimination laws.
The Supreme Court on Thursday tossed out a lawsuit from the Mexican government that alleged American gun manufacturers should be held responsible for cartel violence on the Southwest border, a decision that shields the companies from a suit that had claimed billions in damages.
The Supreme Court on Thursday cleared the way for a Catholic Charities chapter in Wisconsin to secure an exemption from certain state taxes in a decision that could expand the type of religious entities entitled to tax breaks under the First Amendment’s protections for religion.
The Supreme Court on Thursday sided with a straight woman in Ohio who filed a “reverse discrimination” lawsuit against her employer when her gay boss declined to promote her in a ruling that will make it easier to file such suits in some parts of the country.
President Donald Trump held a long-awaited phone call Thursday with China’s Xi Jinping, a person familiar with the matter said, as the two leaders tussle over trade policy.
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President Donald Trump signed a proclamation to suspend international visas for new students at Harvard University, the White House announced Wednesday, in a dramatic escalation of its efforts to block foreigners from enrolling at the elite university.
A federal judge issued an order Wednesday to prevent the deportation of the wife and five children of an Egyptian man charged in the firebomb attack in Boulder, Colorado.
A telling moment early in President Donald Trump’s second term foreshadowed how the administration is often now operating.