Saturday, February 1

News

RFK Jr. faces grilling from senators at his first confirmation hearing
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RFK Jr. faces grilling from senators at his first confirmation hearing

On Wednesday, Robert F. Kennedy Jr., President Donald Trump's nominee to be the next secretary of health and human services, will face his first Senate confirmation hearing. He is anticipated to be questioned about his opinions on abortion and vaccines, as well as any potential conflicts of interest that may arise in the position. Although a number of Trump's Cabinet choices have caused controversy, few have sparked as much outside opposition from the left and right as former third-party presidential candidate John F. Kennedy has. Kennedy has been the target of derogatory paid advertising efforts, with conservatives denouncing his views on abortion and liberals condemning his anti-vaccine views. Nobel laureates and doctors have publicly warned about him and charged him with politicizing sc...
Democratic Sen. Gary Peters won’t run for re-election in battleground Michigan
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Democratic Sen. Gary Peters won’t run for re-election in battleground Michigan

Sen. Gary Peters, a Democrat, declared on Tuesday that he would not seek reelection in Michigan in 2026, setting up a crucial open-seat contest in one of the country's most evenly divided swing states. In an interview with The Detroit News, Peters announced that he would not retire but would not run for reelection because he did not believe that serving in Congress was something that should be done for the rest of one's life. He told the newspaper, "I always thought there would come a time when I would step aside and pass the reins for the next generation." This is a fairly common statement, in my opinion, for everyone to make: I've done a job, and I'm proud of it, but I have other goals for my life. I can contribute to the community in various ways. Peters announced his choice via a press...
Trump to sign sweeping executive order to expand school choice
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Trump to sign sweeping executive order to expand school choice

WashingtonAccording to two people familiar with his plans, President Donald Trump is anticipated to sign a comprehensive executive order on Wednesday that will prioritize and free up government resources to expand school choice programs. According to a senior White House official, the directive is anticipated to have an impact on a number of government departments, including the Department of Education, which would be instructed to give school choice initiatives priority when allocating discretionary grants and to advise states regarding federal funding for districts and schools. According to the source, the Department of Health and Human Services will be required to publish guidelines outlining how states that receive block grants for families and children can utilize those funds for priv...
Super Bowl ads beckon up to $8 million apiece for Fox
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Super Bowl ads beckon up to $8 million apiece for Fox

This Super Bowl, Fox Corporation is winning big. According to a person familiar with the situation, the broadcaster has sold out of commercial space for Super Bowl 59 on February 9; over ten of those advertisements sold for $8 million each. Fox announced that it had sold out of Super Bowl advertising spaces for the fall of 2024 during its results call with investors in November. Media reports at the time estimated average rates at almost $7 million per ad. On the call in November, Fox CEO Lachlan Murdoch stated, "We're sold out for the Super Bowl at record what we believe [is] a record pricing." According to a person familiar with the situation, who spoke on condition of anonymity to discuss nonpublic matters, a large portion of the Super Bowl ad inventory was sold during Fox's Upfront pre...
Mortgage demand drops further, even as interest rates settle
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Mortgage demand drops further, even as interest rates settle

Although there was no change in mortgage rates last week, the demand for new house loans kept declining. The higher loan rates of today are a hindrance to both prospective and existing homeowners. The seasonally adjusted index from the Mortgage Bankers Association showed a 2% drop in the overall volume of mortgage applications from the previous week. on 30-year fixed-rate mortgages with conforming loan balances of $766,550 or less, the average contract interest rate stayed at 7.02%, while points on loans with a 20% down payment increased from 0.62 to 0.63 (including the origination fee). Home loan refinance applications fell 7% for the week and increased 5% over the same period last year. Few people are able to take advantage of the 24 basis point increase in interest rates from a year ago...
Former Sen. Bob Menendez to be sentenced in gold bar bribery case
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Former Sen. Bob Menendez to be sentenced in gold bar bribery case

On Wednesday, former Senator Bob Menendezis will be sentenced in federal court in New York on accusations of bribery and corruption. Prosecutors are recommending that he be imprisoned for 15 years. The 71-year-old former leader of the influential Senate Foreign Relations Committee calls the plan "vindictive and cruel" and "a life and death sentence" for the New Jersey Democrat. In July, following a dramatic trial in which prosecutors accused Menendez of accepting bribes, including cash and gold bars, to favour the governments of Qatar and Egypt, he was convicted guilty of extortion, conspiracy, obstruction of justice, and operating as a foreign agent. Menendez entered a not guilty plea and promised to challenge the verdict. According to NBC News, he has also been requesting a pardon from P...
Tesla investors want Elon Musk to answer questions about ‘salute,’ role in Trump White House
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Tesla investors want Elon Musk to answer questions about ‘salute,’ role in Trump White House

A little more than a week after President Donald Trump took office for a second term with Elon Musk at his side, Tesla released its fourth-quarter earnings report. Shareholders of the electric car manufacturer have some concerns now that the CEO of Tesla is firmly established in Washington, D.C., in a prominent advisory position. More than 100 shareholders posted questions regarding Musk's politics, including his official position at Trump's Department of Government Efficiency (DOGE) and his support of far-right candidates, on the forum that Tesla uses to ask investors questions before its earnings calls. In comparison to his public interactions with Trump, DOGE, and political activities, how much time does Elon Musk spend expanding Tesla, resolving product difficulties, and increasing sha...
Defense secretary revokes Mark Milley’s security detail and orders IG review
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Defense secretary revokes Mark Milley’s security detail and orders IG review

WASHINGTON — According to the Pentagon, Defense Secretary Pete Hegseth informed former Joint Chiefs of Staff Chairman Mark Milley that he ordered a review of the retired general's actions to determine whether his rank should be reevaluated and that he was rescinding his security detail and clearance. The Defense Department's inspector general was instructed by Hegseth, who began his tenure at the Pentagon on Monday, to investigate "the facts and circumstances" surrounding Milley's actions "so that the Secretary may determine whether it is appropriate to reopen his military grade review determination," according to Pentagon spokesman John Ullyot. Although Defense Department chief of staff Joe Kasper stated that restoring accountability is a top goal for the Defense Department under Presiden...
Scottie Scheffler is returning to golf after injuring his hand making ravioli
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Scottie Scheffler is returning to golf after injuring his hand making ravioli

California's Pebble Beach. While recuperating from glass piercing his right palm while creating ravioli, Scottie Scheffler was irritated by having to remain at home for two events that he usually participates in. He was grateful that the injury wasn't more severe. Scheffler discussed in detail on Tuesday how he hurt his hand preparing Christmas dinner and how he worked out hard in Dallas's frigid temperatures early last week to ensure he wasn't making an early comeback to the PGA Tour. With an 80-man field that includes amateur partners for the first two rounds at Pebble Beach and Spyglass Hill, he makes his season debut at the AT&T Pebble Beach Pro-Am, the second $20 million signature event. Without a bandage and swinging as easily as ever, Scheffler performed at Cypress Point on Mo...
Police say at least 30 people have died in a stampede at the massive Maha Kumbh festival in India
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Police say at least 30 people have died in a stampede at the massive Maha Kumbh festival in India

India's Prayagraj Millions of pilgrims flocked to plunge in holy waters during the Maha Kumbh festival in northern India early Wednesday, causing a stampede that left at least 30 people dead and several others injured, according to police. Another 60 injured people were taken to hospitals, according to Prayagraj city police official Vaibhav Krishna. Authorities anticipated that a record 100 million devotees would take a ceremonial bath at the meeting point of the Ganges, Yamuna, and the fabled Saraswati rivers on Wednesday, a sacred day during the six-week Hindu holiday. Hindus think that taking a swim at the sacred location can absolve them of their previous transgressions and put an end to the cycle of rebirth. Yogi Adityanath, the top elected official in Uttar Pradesh state, said in ...