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☆ More than 250 business leaders back Julie Su for Labor secretary as nomination hangs in the balance
▼ + stars: | 2023-05-04 | by ( Emma Kinery | ) www.cnbc.com time to read: +3 min

Deputy Labor Secretary Julie Su testifies before the Senate Health, Education, Labor and Pensions Committee during her confirmation hearing to be the next secretary of the Labor Department in the Dirksen Senate Office Building on Capitol Hill on April 20, 2023 in Washington, DC. More than 250 business leaders are urging the Senate to confirm acting Labor Secretary Julie Su to helm the department, according to a letter first obtained by CNBC. "Julie Su is a trailblazer whose track record speaks for itself," reads the letter, which cited her experience as Labor secretary of California. Additionally, her experience as U.S. Deputy Labor Secretary has given her a thorough understanding of the Labor Department and the current issues facing the economy, businesses, and workers." She was confirmed to be deputy secretary to former Labor Secretary Marty Walsh in 2021 by a party-line vote, but several key moderate Democrats have yet to say whether they will support her this round.

☆ Horse racing-Kentucky Derby goes on after four horse deaths at facility
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +3 min

[1/2] May 3, 2023; Louisville, KY, USA; A horse walks on Churchill Downs' backside Wednesday morning May 3, 2023, in Louisville, Ky. Mandatory Credit: Matt Stone-USA TODAY SportsMay 4 (Reuters) - A series of horse deaths at Churchill Downs cast a shadow over the 149th running of the Kentucky Derby, which kicks off the prestigious Triple Crown thoroughbred racing series on Saturday. Churchill Downs on Thursday handed an indefinite suspension to Saffie Joseph, Jr., who trained two of the horses that died, Parents Pride and Chasing Artie. The suspension forced another derby entrant, Joseph-trained Lord Miles, to scratch from Saturday's race. "And then Tapit Trice isn't super quick but hopefully he can get into the first turn, save some ground, get in a good position.

☆ First, a Run for the Roses. Then, a Dash to the Breeding Shed.
▼ + stars: | 2023-05-04 | by ( Joe Drape | ) www.nytimes.com time to read: 1 min

VERSAILLES, Ky. — Flightline had put on 100 pounds in the five months since the end of his brief but astonishing racing career. He was still light on his feet, though, as he high-stepped into a breeding shed last month as if he were on a red carpet. After her career, she fetched $1.2 million at auction to do what she was about to do. Bernina Star whinnied. The two tangoed and tangled, oblivious to the man holding the mare’s tail or the two other chaperones circling this tryst.

A person who works with the group, American Edge Project, told CNBC that the $34 million was from Facebook. A Meta spokesman declined to comment and referred CNBC to American Edge instead. The person who works with American Edge told CNBC that the $4 million was also entirely from Facebook. American Edge launched a wave of TV and digital ads from late 2020 through 2021, taking on antitrust proposals. American Edge spent over $5 million between TV and digital ads in 2021, according to data from AdImpact.

☆ GOP Gov. Jim Justice set to launch bid for Joe Manchin's Senate seat in West Virginia this week
▼ + stars: | 2023-04-24 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

West Virginia Governor Jim Justice (R) and US Senator Joe Manchin (L), Democrat of West Virginia, attend a roundtable discussion on the opioid epidemic with local and state officials at the Cabell-Huntington Health Department in Huntington, West Virginia, July 8, 2019. West Virginia offers the GOP perhaps its best chance to flip a Democratic seat next year. Justice's team believes a Senate bid by the governor could make Manchin less likely to seek reelection, the GOP source told CNBC last month. Former President Donald Trump, who is deeply popular in West Virginia, backed Mooney in his most recent House election. Justice is set to announce his Senate bid at his own resort, furthering intermingling the governor's business and politics.

☆ He Leaned Modern. She Liked a Classic Look. ‘This House Is the Both of Us.’
▼ + stars: | 2023-04-19 | by ( Nancy Keates | Photographs Jane Beiles | ) www.wsj.com time to read: 1 min

When people visit Michael and Mallory Bollinger’s newly built home in Lexington, KY., everyone has a different name for its style. Some are sure it’s Californian casual, while others call it a Kentucky farmhouse or classic Connecticut. That’s because the painted white brick house, which cost about $5 million to build and is 15,117 square feet, with five bedrooms, five full bathrooms and three half bathrooms, could fit any of those descriptions. It has a clean, modern, minimalist feel inside but a traditional exterior, with a front porch, low slung roof, black shutters, dormers and columns.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow tax money is wasted in the U.S. The U.S. government wasted almost $2.4 trillion on just payment errors over the last two decades, according to the Government Accountability Office. Oversight reports from nonprofits and lawmakers like Rand Paul, R-Ky., claim that billions more are being wasted every year on duplicative and needless programs. So just how much of our taxpayer dollar is wasted every year and what can be done about it?

☆ The federal government wastes at least $247 billion in taxpayer money each year. Here's how
▼ + stars: | 2023-04-18 | by ( Juhohn Lee | ) www.cnbc.com time to read: +2 min

Improper payments, which refer to payments that are made incorrectly by the government, cost the U.S. $247 billion in 2022, according to the Government Accountability Office. "In the federal government, everything is 'Go spend more money' and if that doesn't work, it's 'Go spend more money.'" It's the job of the GAO to audit and report any wasteful spending by the federal government. Nevertheless, wasteful spending by the government can have painful consequences to the health of the economy, according to watchdog groups. Watch the video to find out more about why taxes feel so high in the U.S. and why so much taxpayer money gets wasted.

☆ Inside the Online Market for Overseas Abortion Pills
▼ + stars: | 2023-04-13 | by ( Allison Mccann | ) www.nytimes.com time to read: +17 min

A selection of abortion pill kits available online from overseas sellers. A chart of the estimated number of abortion pills provided outside the U.S. health care system from July through December 2022. For most patients, the cost of the service remains the most important factor in deciding where to get pills online. A chart showing the minimum, average and maximum cost of abortion pills from overseas providers: Aid Access, Las Libres and for-profit online sellers. A chart showing the minimum, average and maximum delivery speeds of abortion pills from overseas providers: Aid Access, Las Libres and for-profit online sellers.

☆ Louisville, Ky., Gunman Bought AR-15 Rifle Legally Last Week, Police Say
▼ + stars: | 2023-04-11 | by ( Jennifer Calfas | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/louisville-ky-gunman-bought-ar-15-rifle-legally-last-week-police-say-11f3477

☆ Five Dead After Shooting in Louisville, Ky., Police Say
▼ + stars: | 2023-04-10 | by ( Jennifer Calfas | ) www.wsj.com time to read: 1 min

At least five people have died in a shooting in Louisville, Ky., Monday morning, police said. The Louisville Metro Police Department said at least five people were killed and six were transferred to local hospitals Monday after an incident involving an “active aggressor” in downtown Louisville along the 300 block of East Main Street. Police said before 10:20 a.m. local time the “suspected shooter has been neutralized.”

☆ At Least Four Dead After Bank Shooting in Louisville, Ky., Police Say
▼ + stars: | 2023-04-10 | by ( Jennifer Calfas | ) www.wsj.com time to read: 1 min

At least four people died and eight were injured in a shooting at a bank in Louisville, Ky., Monday morning, police said. The Louisville Metro Police Department said the suspected shooter, who they said they believe was a lone gunman, was also killed. The shooter was connected to the bank, police said, but it wasn’t known if the suspect was a current or former employee.

☆ Five Dead After Bank Shooting in Louisville, Ky., Police Say
▼ + stars: | 2023-04-10 | by ( Jennifer Calfas | Jon Kamp | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/five-dead-after-shooting-in-louisville-ky-police-say-491f441a

☆ Four Dead After Bank Shooting in Louisville, Ky., Police Say
▼ + stars: | 2023-04-10 | by ( Jennifer Calfas | Jon Kamp | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/five-dead-after-shooting-in-louisville-ky-police-say-491f441a

☆ Schumer, McConnell Call for Russia to Release Evan Gershkovich
▼ + stars: | 2023-04-07 | by ( Siobhan Hughes | ) www.wsj.com time to read: 1 min

WASHINGTON—The Senate’s Democratic and Republican leaders called for Russia to free jailed Wall Street Journal reporter Evan Gershkovich , who was detained last week in the first case of an American journalist arrested by Moscow on allegations of spying since the Cold War. “We strongly condemn the wrongful detention of U.S. citizen and Wall Street Journal reporter Evan Gershkovich, and demand the immediate release of this internationally known and respected independent journalist,” Senate Majority Leader Chuck Schumer (D., N.Y.) and Senate Minority Leader Mitch McConnell (R., Ky.) said in a joint statement.

☆ Top lawmakers invite South Korean president to address Congress
▼ + stars: | 2023-04-07 | by ( Megan Lebowitz | ) www.cnbc.com time to read: +2 min

South Korea's President Yoon Suk Yeol attends a meeting with Japan's Prime Minister Fumio Kishida (not pictured) at the prime minister's official residence in Tokyo on March 16, 2023. Congressional leaders on Thursday invited South Korean President Yoon Suk Yeol to address a joint meeting of Congress on April 27. A bipartisan delegation arrived in Taiwan on Thursday, a day after McCarthy defied Beijing by meeting with the president of the self-ruling island. It was the delegation's third overseas trip following visits to U.S. allies in Japan and South Korea. During that trip, Biden and his South Korean and Japanese counterparts vowed to stand together in coordinating a response to North Korea's nuclear programs.

☆ Nine Soldiers Killed After Two U.S. Army Black Hawk Helicopters Crash in Kentucky
▼ + stars: | 2023-03-30 | by ( Gareth Vipers | ) www.wsj.com time to read: 1 min

A U.S. Black Hawk helicopter during a demonstration drill in July. Nine U.S. soldiers died when two Black Hawk helicopters crashed during a training exercise in Kentucky, the Army said. The HH-60 Black Hawk helicopters, which were flying a routine training mission out of the Fort Campbell military base, crashed in Trigg County, Ky., at around 10 p.m. local time Wednesday, an Army spokesman said during a press conference Thursday.

☆ Two U.S. Army Helicopters Crash in Kentucky, Fatalities Expected
▼ + stars: | 2023-03-30 | by ( Gareth Vipers | ) www.wsj.com time to read: 1 min

A U.S. Black Hawk helicopter during a demonstration drill in July. Two Black Hawk helicopters crashed near a U.S. Army base in Kentucky in an incident that likely left fatalities, the state’s Gov. Andy Beshear said. At around 10 p.m. local time Wednesday the HH60 Black Hawk helicopters crashed in Trigg County, Ky., Nondice Thurman, spokeswoman for the Fort Campbell military base said.

☆ San Diego State Joins a Men’s Final Four Field That Is Missing the Marquee Brands
▼ + stars: | 2023-03-27 | by ( Laine Higgins | Robert O Connell | ) www.wsj.com time to read: 1 min

San Diego State Aztecs players celebrate after beating Creighton to advance to the Final Four. San Diego State, a No. 5 seed, on Sunday defeated sixth-seeded Creighton 57-56 in a thriller that came down to a string of controversial calls in the final moments. They join a Final Four that already includes a No. The winner of a Texas-Miami game in the Midwest regional final later on Sunday will join them at the Final Four in Houston next week.

☆ Senate Minority Leader Mitch McConnell Is Home After Injury Rehabilitation
▼ + stars: | 2023-03-26 | by ( Siobhan Hughes | ) www.wsj.com time to read: 1 min

Mitch McConnell said he was in frequent touch with Senate colleagues and staff. WASHINGTON—Senate Minority Leader Mitch McConnell (R., Ky.) is home from an inpatient rehabilitation facility where he was recovering from a concussion suffered after tripping at a hotel during a private dinner a little over two weeks ago. “I want to sincerely thank everyone for all the kind wishes,” Mr. McConnell said in a Saturday statement, adding that he planned to work from home for the next few days on the advice of his physical therapists.

☆ Republicans Push for Access to Trump Case Documents on Potential Indictment
▼ + stars: | 2023-03-25 | by ( Natalie Andrews | ) www.wsj.com time to read: 1 min

Manhattan District Attorney Alvin Bragg this week rebuffed an initial request by the lawmakers. House Republicans pressed Manhattan District Attorney Alvin Bragg to cooperate with their request for information about the potential indictment of former President Donald Trump over his role in paying hush money to a porn star. In a Saturday letter to Mr. Bragg, House Judiciary Chairman Jim Jordan (R., Ohio), Oversight Chairman James Comer (R., Ky.), and House Administration Committee Chairman Bryan Steil (R., Wis.) outlined their reasoning for why Congress should have access to communications, documents and testimony relating to the Manhattan district attorney’s investigation.

☆ Mitch McConnell leaves rehab facility after therapy for concussion
▼ + stars: | 2023-03-25 | by ( ) www.cnbc.com time to read: +2 min

Senate Minority Leader Mitch McConnell, R-Ky., conducts a news conference in the U.S. Capitol after the senate luncheons on Tuesday, January 24, 2023. Senate Republican leader Mitch McConnell said Saturday he has been released from the rehabilitation facility where he had physical therapy for a concussion caused by a fall earlier this month. McConnell was at dinner on March 8 after a hotel reception for a campaign committee aligned with him when he tripped and fell. He was released from the hospital on March 13 and, upon the advice of his doctor, moved to an inpatient rehabilitation facility for physical therapy and to continue his recovery. In January, he became the longest-serving Senate leader when the new Congress convened, breaking the previous record of 16 years.

The four No. 1 seeds in the NCAA tournament are the most coveted currency in college basketball. The country’s top teams slug it out in the regular season to earn what is supposed to be an easier journey to a championship on the rough road of March Madness. And on Friday, the value of the 2023 top seeds dropped to zero in a historic crash of tournament elites.

☆ Jim Jordan's push for Alvin Bragg's testimony on Trump probe is 'unprecedented,' Manhattan DA's office says
▼ + stars: | 2023-03-23 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

A push from House Republicans to get Manhattan District Attorney Alvin Bragg to testify about his probe and expected indictment of former President Donald Trump is "unprecedented," an advisor to Bragg told GOP lawmakers Thursday. In responding to Republicans, Dubeck questioned congressional authority to look into Bragg's investigation. "Congress is not the appropriate branch to review pending criminal matters," Dubeck said in the letter to Jordan and the two other House Republicans dated Thursday. "To assist Congress in understanding the ways in which the DA's Office has used federal funds, we are preparing and will submit a letter describing its use of federal fund," Dubeck said. Dubeck's response to House Republicans comes as Jordan and other Trump defenders leverage the power of their committees to try to discredit the Manhattan investigation.

☆ Op-ed: ESG investing and 2018 change in bank laws didn't cause Silicon Valley Bank to collapse, says former Sen. Heitkamp
▼ + stars: | 2023-03-21 | by ( Heidi Heitkamp | Former Democratic U.S. Senator North Dakota | ) www.cnbc.com time to read: +6 min

Within hours of the Silicon Valley Bank collapse, political spin machines on both the left and right got cranking. I was one of the Democrats on the Senate Banking Committee who negotiated that legislation, which granted regulatory relief to small community and mid-sized regional banks. Under the burden of increased regulation, smaller institutions and many regional banks were struggling to stay competitive. If all the bank depositors withdrew their deposits on the same day, any bank would fail regardless of liquidity or bank capitalization.) The Fed had the authority to enhance the current level of regional bank supervision, a step the central bank is considering in the wake of the SVB failure.

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