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☆ The US dollar is at a crossroads
▼ + stars: | 2023-03-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —Wall Street investors are reaching for their neck braces in preparation for yet another volatile swing in stock markets: A surging US dollar. What’s happening: The US dollar “finds itself at a significant crossroads yet again,” said Krosby. Don’t forget the debt ceiling: Another significant threat to the dollar is looming in Congress — the ongoing debt ceiling fight. “It would certainly undermine the role of the dollar as a reserve currency that is used in transactions all over the world. Initial claims have come in lower than expected in recent weeks and remain well below their pre-pandemic levels.

☆ Analysis: Southwest got billions of dollars in taxpayer aid. Why is its service still a mess?
▼ + stars: | 2022-12-28 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

Southwest Airlines received more than $7 billion from that program. However, analysts say, Southwest’s service meltdown is unrelated to the taxpayer assistance the airline received in 2020. Cancelled Southwest Airlines flights are seen on the flight schedules at LaGuardia Airport, Tuesday, Dec. 27, 2022, in New York. In April 2020, airline passenger traffic plummeted 96% and stayed 60% below 2019 levels in 2020, according to the US Government Accountability Office. “The problems at Southwest Airlines over the last several days go beyond weather,” she said in a statement.

2 Democrat, told CNN when asked if party leaders should stay out of the race. “I’m just not worried about folks who may not like this approach,” Sinema told CNN on Thursday. On Monday, he wouldn’t say if he believes Democratic leaders should try to knock her off in 2024. Like Sinema, party leaders are now watching Manchin closely as he weighs whether to run in 2024. “I worked very closely with Sen. Sinema – two years now to get stuff done,” Kelly said.

The NDAA is expected to get a vote in the Senate this week and be approved with bipartisan support. Sen. Richard Shelby of Alabama, the ranking Republican member on the Senate Appropriations Committee, has told reporters the two sides are roughly $26 billion apart. Or it could extend the shutdown deadline into the next Congress, which will convene on January 3, and when Republicans take control of the House. That change in majority in the House would dramatically alter the dynamic for negotiations and likely make it far harder to reach a broader funding deal. Senate Appropriations Committee Chairman Patrick Leahy, a Vermont Democrat, outlined the argument for his party in his own floor remarks on Thursday.

☆ Amy Coney Barrett joked about abortion rights protesters to a room of right-wing lawyers
▼ + stars: | 2022-11-14 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

While there, she joked that the applause she received was nicer than hearing pro-choice protesters. Barrett's vote solidified the majority that overturned Roe v Wade and limited abortion rights. As the most recent appointee to the nation's highest court, Barrett's vote solidified the conservative court majority that overturned Roe v Wade and limited abortion rights across the nation. Trump-nominated Barrett was also the only woman on the court to vote to roll back the protections offered by Roe. Representatives for the Supreme Court did not immediately return Insider's requests for comment.

CNN —The Senate ratified an international climate treaty to phase out hydrofluorocarbons – potent greenhouse gases used in air conditioning and refrigeration. In 2016, the United Nations struck an agreement known as the Kigali Amendment to the 1987 Montreal Protocol on Substances that Deplete the Ozone Layer. The Kigali amendment is supported by business groups like the Chamber of Commerce and environmental groups like the Natural Resources Defense Council. “Today’s Senate vote was a decade in the making and a profound victory for the climate and the American economy,” said US Special Presidential Envoy for Climate John Kerry. And in May, the Senate Foreign Relations Committee sent the ratification of the Kigali Amendment to the Senate floor without opposition.

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