Audio

5 Minutes at the Top of the Hour

Latest news stories from around the world brought to you at the top of the hour

Listen Now »

News

Consumer sentiment drops to 6-month low on inflation, unemployment fears

Fri, May 10, 2024 at 11:08 am

( ) -q-20- UNDATED (Correspondent Jeremy House) “a year ago.”

Consumer sentiment fell sharply in May to the lowest level in six months.

[CutID: <Cuts> CONSUMER-SENTIMENT-house-q-FRIam.mp3
Time: 20s
Title: CONSUMER-SENTIMENT-house-q-FRIam
Out-cue: a year ago]

TAG: Correspondent Jeremy House reporting. Consumers’ outlook has generally been gloomy since the pandemic and particularly after inflation first spiked in 2021.

————————————–
VERBATIM: The drop came as Americans cited concerns about stubbornly high inflation and interest rates as well as fears that unemployment could rise. The University of Michigan’s consumer sentiment index dropped to 67.4 this month from a final reading of 77.2 in April. That is still about 14% higher than a year ago.

Listen Download

TikTok to start labeling AI-generated content as technology becomes more universalFri, May 10, 2024 at 11:06 am
European companies are less upbeat about China’s vast market as its economy slowsFri, May 10, 2024 at 11:05 am
Despite healthy economic indicators, lower-income spenders are showing the strainFri, May 10, 2024 at 11:00 am

Greg Clugston SRN News White House correspondent

Hunter Biden’s trial on gun charges set for June

Sat, May 11, 2024 at 7:03 am

Hunter Biden’s trial on firearms charges is set to move forward next month. Lawyers for the president’s son were not successful in getting the judge in the case to dismiss the prosecution, and a federal appeals court did not rule on the merits of the claim. As a result, the judge announced that Hunter Biden’s trial should begin on June 3rd in Delaware. It’s expected to last 3 to 6 days. The younger Biden has pleaded not guilty to lying about his drug use in 2018 in order to buy a gun.

Listen Download

U.S. announces new $400 million package of weapons for UkraineFri, May 10, 2024 at 3:34 pm
New Biden rule aims to speed up asylum processingFri, May 10, 2024 at 10:13 am
White House defends Biden’s red line warning to IsraelThu, May 9, 2024 at 12:49 pm

Bob Agnew SRN News U.S. Senate correspondent

Montana Senator Tester First Democrat To Co-Sponsor Laken Riley Act

Thu, May 9, 2024 at 5:02 pm

Red-state Democrat Senator Jon Tester [D-MT] is taking some Republican-friendly positions as he aims to hold on to his seat this November. Tester on Thursday became the first Democrat to co-sponsor the Laken Riley act. It would require federal officials to arrest illegals who commit certain crimes until they can be deported. On Wednesday Tester used a committee hearing to confront Defense Secretary Lloyd Austin about the crisis at the southern border, something the senator called “unacceptable”.

Listen Download

Sen. Rick Scott: Biden Now Part of Pro-Hamas Wing Of Democrat PartyThu, May 9, 2024 at 3:05 pm
Likely Senate GOP Leader Cornyn Blasts Biden Threat To Cut Arms Shipments To IsraelThu, May 9, 2024 at 1:28 pm
Senator Graham: Trump Re-election Would Put End To Anti-Jewish ProtestsWed, May 8, 2024 at 1:55 pm

Bernie Bennett SRN News U.S. House correspondent

Michael Harrington SRN News religion desk editor

The 2024 election might be all about faith

Wed, May 1, 2024 at 10:14 pm

The 2024 election might be all about faith

VERBATIM: People of faith, that is. Leaders of both conservative and liberal church groups are planning national get-out-the-vote campaigns heading into an election that many believe will be one of the most important in U.S. history. The National Council of Churches, which includes most liberal denominations, has announced a “Freedom Summer” initiative. The conservative Faith and Freedom group will spend 60 million to register voters.

Listen Download