The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in the first place.
Tesla announced Thursday that it has received 325,000 preorders for its recently unveiled Model 3. If it sells every car that’s been reserved, the company says it will earn enough revenue to make this the “biggest one-week launch of any product ever.” A few days ago, the electric car company was saying it had received twice the number of preorders it originally expected to get. Now it’s quickly approaching three times that number, which raises questions about the company’s ability to meet its increasingly complex production goals.
The Washington, D.C.-based nonpartisan think tank said Americans will pay a total of $4.9 trillion in taxes this year – 3.34 trillion in federal taxes and $1.64 trillion in state and local taxes. The combination of the three basic necessities totals $4.105 trillion, with $1.629 trillion spent on food, $360 billion on clothing and $2.117 trillion on housing.
When it comes to jobs growth in the US, all one can say is thank god for waiters and bartenders: after all, a Starbucks barista is precisely what a recently fired oil chemical engineer making half a million dollars really wants to do with their life.
“I’ve been around guns all my life. I know how to use them, and arming our people on our military bases and allowing them to carry concealed, privately owned weapons — I do not recommend that as a force protection,” Army Chief of Staff General Mark Milley told Congress on Thursday.
Pick your child up from school and you could be charged with trespassing. That’s the threat against parents at Bear Branch Elementary School in Magnolia ISD. This is the school’s tactic to keep parents who live close to the school from walking on school grounds.
A Spartanburg woman has been arrested after police say she allowed her 3-year-old son and 9-year-old nephew to walk, unsupervised, to a McDonald’s restaurant near her home.
One of the activists reportedly carried a sign that referenced Hillary Clinton’s use in 1996 of the term “super-predator” to describe young black people. That sign prompted Bill Clinton to launch into a lengthy defense of his administration’s crackdown on crime and welfare abuse in the 1990’s, policies which have come under repeated attack by black activists.
Dozens of text messages that a teenage girl sent to her boyfriend that encouraged him to kill himself were just words and do not constitute a crime, her lawyer told the state’s highest court Thursday.
GOP front-runner Donald Trump now has more delegates that the four remaining candidates combined. Trump has 285 delegates. The remaining four candidates have 281 delegates combined.
CNN’s Dana Bash reported that the retired neurosurgeon — the only man left in the GOP race who has never finished first or second — will be encouraged Wednesday to run for Florida’s open U.S. Senate seat.
A teacher at Union County High School has resigned after a student spread a nude picture of her through text messages and social media, according to Union County School District interim superintendent David Eubanks.
You can leave your measuring tape at home — Subway has agreed to take all of the steps necessary to make sure its footlong sandwiches aren’t 11 inches, or even 11-and-a-half, but a full 12.
GOP Rep. Jeff Miller 75% has offered an alternative to the department’s byzantine disciplinary process, but the VA has opposed the legislation at every turn. The bill, called the VA Accountability Act, provides Secretary of Veterans Affairs Robert McDonald with the authority to kick out employees for poor performance or misconduct. The bill passed in the House in July 2015 but has stalled in the Senate.
“People seem to believe that these robotic systems know more about the world than they really do, and that they would never make mistakes or have any kind of fault,” said Alan Wagner, a senior research engineer in the Georgia Tech Research Institute (GTRI). “In our studies, test subjects followed the robot’s directions even to the point where it might have put them in danger had this been a real emergency.”
Taxing medical marijuana could generate tens of millions of dollars and sustain 10,000 jobs for the state of Michigan, according to an economic impact analysis.
An email containing the whereabouts and plans of murdered U.S. Ambassador Chris Stevens passed through Hillary Clinton’s private server, dispatches released Monday in the final group of messages from Clinton’s emails reveal.
After a walk-out by a member who called the proceedings a “witch hunt,” the Allen County Ethics Commission on Monday ruled that probable cause exists to believe County Councilman Paul Moss was guilty of a conflict of interest when he telephoned Sheriff Ken Fries following a June traffic stop.
During a campaign speech in Definance, Ohio, last Thursday, Romney did misstate Jeep’s plans, claiming Chrysler was considering moving “all” Jeep production to China:
“I saw a story today that one of the great manufacturers in this state Jeep — now owned by the Italians — is thinking of moving all production to China[.]”
Romney was apparently responding to a confusing statement by Mike Manley, president and CEO of the Jeep brand early last week:
Fiat SpA (F), majority owner of Chrysler Group LLC, plans to return Jeep output to China and may eventually make all of its models in that country, according to the head of both automakers’ operations in the region.
Let’s set the record straight: Jeep has no intention of shifting production of its Jeep models out of North America to China. It’s simply reviewing the opportunities to return Jeep output to China for the world’s largest auto market. U.S. Jeep assembly lines will continue to stay in operation. A careful and unbiased reading of the Bloomberg take would have saved unnecessary fantasies and extravagant comments.
oming hot on the heels of speculation that some Jeep production may be moved to China comes a bombshell from a Bloomberg report. Fiat is now considering moving Chrysler and Jeep production to Italy.
According to the piece, “To counter the severe slump in European sales, (Fiat CEO Sergio) Marchionne is considering building Chrysler models in Italy, including Jeeps, for export to North America. The Italian government is evaluating tax rebates on export goods to help Fiat. Marchionne may announce details of his plan as soon as Oct. 30, the people said.”
So, let’s be real clear here, we are talking about vehicles that will be built in Italy and exported to America. The evidence is clear that Fiat is looking at ways to move production of vehicles from the US to elsewhere, whether it be China or Italy, costing American jobs. This is becoming indisputable, despite outcries from certain parties to the contrary.
The misery of superstorm Sandy’s devastation grew on Tuesday as millions along the US East Coast faced life without power or mass transit for days, and huge swaths of New York City remained eerily quiet. The US death toll climbed to 39, many of the victims killed by falling trees, and rescue work continued.
The way Victor Whitlock sees it, he’s the last holdout against an unconstitutional bureaucratic grab for still more money, land and control.
To those same officials, however, he’s flouting established law and endangering public health simply to make a point even Whitlock admits will probably be futile.
A traditionally sleepy race for Indiana’s top elected school position has turned into a referendum on education policies that are endorsed by conservatives across the country
Public schools in Indiana have added teachers and administrators much faster than they’ve added students in the past two decades, according to a new report from The Friedman Foundation for Educational Choice.
“Indiana has had a more extreme trend relative the national average in terms of becoming more top heavy,” says the report’s author, Ben Scafidi, a professor of economics at Georgia College. “Administrators increased at five times the rate of students and three times the rate of teachers.”
Disney (DIS) is buying Lucasfilm for $4 billion, adding the legendary Star Wars
franchise to the entertainment giant’s stable of characters. Lucasfilm is 100% owned by Founder George Lucas.
The buyout ranks among one of the largest ever made by Disney. It’s fourth behind the $19.7 billion, $7.6 billion and $5.2 billion buyouts of Capital Cities/ABC in 1995, Pixar in 2006 and Fox Family in 2001, respectively, says S&P Capital IQ. It tops the $3.96 billion Disney paid for Marvel in August 2009.
In his Wall Street Journal op-ed titled “The imaginary teacher shortage,” University of Arkansas professor Jay Greene points out that decades of hiring increases have not boosted academic outcomes.
Olson, Kyle”This strategy of just simply putting more people into the school is not working, and that’s why this idea of just hiring more people or reducing class sizes and those sorts of things are not going to work — because that’s been done for the last several decades and nothing has changed,” comments Kyle Olson of the Education Action Group Foundation.
In US, 15% of Registered Voters Have Already Cast Ballots, and Romney Is Winning
In U.S., 15% of Registered Voters Have Already Cast Ballots
Latest Rasmussen Polls Project Romney To Win 279+ Electoral Votes
According to the latest Rasmussen state polls, Mitt Romney is in position to win the presidency; he should win at least 279 electoral votes. Romney leads in Florida, Ohio, Virginia, Colorado, and New Hampshire; Obama leads in Nevada.
