Tag Archives: Reason

Utah congressman switches vote to ‘no’ on Mayorkas impeachment at the last minute — for this reason

Utah congressman switches vote to ‘no’ on Mayorkas impeachment at the last minute — for this reason

Department of Homeland Security Secretary Alejandro Mayorkas narrowly avoided impeachment Tuesday, as the vote to oust him failed by a vote of 216-214. It had been 215-215, but a Utah congressman switched his vote from “yes” to “no” in the last moments before voting closed. Rep. Blake Moore, who was recently elected as vice chair of the House Republican Conference, switched his vote to join three other Republicans who voted no on the impeachment articles — Reps. Mike Gallagher,… Source link

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Another reason not to fear the top-heavy stock market rally

Another reason not to fear the top-heavy stock market rally

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Large-cap tech stocks ripped higher Wednesday for the fifth straight day — up to another record high, widening their lead over the broader market. Many investors remain skeptical of the gains this year, as a handful of tech-centered stocks are once again accounting for nearly all the returns in the S&P 500. Comparisons with the dot-com-era boom and bust abound. To be fair,… Source link

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One key reason inflation is cooling: Immigrant workers

One key reason inflation is cooling: Immigrant workers

There’s one hot-button topic that could hold the key to where inflation goes: immigration. It’s already done a great deal in bringing down consumer price growth to where it is now, experts say, even though the most recent data showed that inflation increased more than expected in December. Investors would be wise to track the flow of immigrants as they assess the future direction of interest rates and the US economy. Not only did the foreign-born population in the US finally exceed its… Source link

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