Monthly Archives: August 2022

Marco Rubio slams the White House’s ‘lame attempts’ to bash GOP lawmakers who got their PPP loans forgiven but are calling Biden’s student-debt cancellation ‘unfair’

Florida Republican Sen. Marco Rubio. Drew Angerer/Getty Images The White House called out GOP lawmakers who criticized student-loan relief, but got PPP loans forgiven. GOP Sen. Marco Rubio called it a “lame” argument, and said the two policies shouldn’t be equated. This came after Biden announced up to $20,000 in federal student-loan forgiveness. President Joe…

Lowering inflation will ‘bring some pain’ to Americans through lost jobs and smaller raises, Powell says

Federal Reserve Board Chair Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, U.S., July 27, 2022. Elizabeth Frantz/Reuters Cooling sky-high inflation will “bring some pain” to firms and households, Fed Chair Jerome Powell said. Failing to slow the price surge, however, “would mean…

A variable annuity can provide you with more retirement income, since its payouts rise with the stock market

Variable annuities are insurance contracts that provide a guaranteed income stream, but at a fluctuating rate. Jose Luis Pelaez Inc/Getty Images With variable annuities, you invest a sum that’s returned with interest in periodic payments.Unlike traditional annuities, variable annuities earn and pay a fluctuating rate, based on investments you select.Variable annuities can offer bigger returns,…

Former AG Bill Barr says no one except Steve Bannon knew of Trump’s plans to prematurely declare victory and subvert the 2020 election

Former White House strategist Steve Bannon, accompanied by his attorney M. Evan Corcoran, right, depart federal court on July 22, 2022, in Washington. AP Photo/Jose Luis Magana Bill Barr says no one but Steve Bannon knew of Trump’s plans to stay in office in 2020. “I don’t know anyone else who heard of it —…

Qantas CEO says the airline received 25,000 job applications for 2,500 roles

Alan Joyce said staff absences related to Covid-19 were behind Qantas’ operational problems. James D. Morgan / Contributor / Getty Qantas received 25,000 applications for 2,500 recently advertised jobs, its CEO told CNBC.  According to Alan Joyce, Qantas is one of the best employers in Australia. Joyce also highlighted the role that staff sickness had…

Disney+ buys a documentary about the ‘Wagatha Christie’ saga

A blockbuster court case centering on who had access to a celebrity’s Instagram Stories will be the subject of a new documentary on Disney+. Wagatha Christie will tell the story of broadcaster Coleen Rooney, who is married to former Manchester United and England football superstar (and current DC United coach) Wayne Rooney. After stories about…

‘Mario Kart’ is 30 years old, if you can believe that

Released a few years after Super Nintendo, Super Mario Kart was an odd proposition: Nintendo mascot Mario, his brother, friends and enemies get in go-carts, racing around flat, pseudo-3D tracks based on some very familiar Mario worlds. The weapons included turtle shells, fire flowers and, er, bananas. They’re all linchpins of the Mario Kart experience…