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Posts published in “Asides”

Russian Sabotage Of The Nord Stream Pipeline Marks A Point Of No Return

History once again rhymed when on September 27 th , 2022, seismographs near Bornholm, Denmark recorded two explosions emanating from the Nord Stream pipeline. While this comprehensively discredits earlier Russian statements that these are simple leaks, don’t expect Russian President Vladimir Putin to come clean like Soviet President Mikhail Gorbachev eventually did. On April 28…

Americans Now Paying 15% More On Mortgage Payments Compared To Last Month As Rates Surge

Updated Sep 29, 2022, 04:07pm EDT Topline Americans are paying 15% more on mortgage payments now than six weeks ago, according to data released Thursday by real estate brokerage Redfin, as the market continues to bleaken for prospective home buyers amid a mortgage-rate spike. Key Facts The typical monthly mortgage payment on the median asking…

Yankees’ Aaron Judge Ties Roger Maris’ Single-Season Home Run Record

Updated Sep 29, 2022, 05:09pm EDT Topline Aaron Judge’s home run against the Toronto Blue Jays Wednesday night tied Roger Maris’ single-season home run record—a record that has stood in the American League for more than 60 years—although baseball analysts still debate who holds the true record. Key Facts Judge’s home run was his 61st…

Hurricane Ian: These Are The Florida Areas Hardest Hit By The Category 4 Storm

Topline Millions of Floridians are without power and damage across the state from powerful winds and storm surges caused by Hurricane Ian has been catastrophic, according to officials, with the cities of Sanibel, Cape Coral and Fort Myers—where the Coast Guard is rescuing people from roofs—as well as other areas along the southwestern coast hit…

Technical Recession Confirmed: Economy Shrank 0.6% Last Quarter, Final GDP Shows

Topline The U.S. economy shrank for a second quarter in a row this year, a third and final estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in the coming quarters, likely prompting the official scorekeeper…

Biden Walks Back Student Loan Forgiveness—Some Borrowers With Privately Held Federal Loans No Longer Eligible

Topline The Biden administration will no longer offer loan forgiveness to borrowers with privately held federal student loans as a part of its new student debt relief program, the Education Department said in updated guidance on Thursday, a move that comes as the administration faces legal challenges from some GOP-led states. Key Facts The Biden…

Ginni Thomas Testifying To House Jan. 6 Committee Today

Updated Sep 29, 2022, 10:22am EDT Topline Right-wing activist Ginni Thomas, wife of Supreme Court Justice Clarence Thomas, will testify to the House January 6 Committee Thursday, multiple outlets report , reversing course after she initially refused to testify in the probe amid controversy over her alleged efforts to help overturn the 2020 election—even as…