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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.

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

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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.

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Greg Clugston SRN News White House correspondent

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Biden faces blowback on weapons ultimatum to Israel

Sun, May 12, 2024 at 7:10 am
President Biden is facing blowback on his threat to stop sending certain weapons to Israel if it invades the city of Rafah. The president’s ultimatum was not well received by Israel, including from former ambassador to the United States Dr. Michael Oren, who called it “potentially disastrous, extremely dangerous.” But at the White House, national security spokesman John Kirby insisted on continued support and said the U.S. is not walking away from Israel. Meanwhile, more than two dozen House Democrats sent the White House a letter criticizing the Biden administration’s withholding of weapons shipments to Israel.
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Bob Agnew SRN News U.S. Senate correspondent

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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”.
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Bernie Bennett SRN News U.S. House correspondent

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Michael Harrington SRN News religion desk editor

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Going to church is good for your health

Sun, May 12, 2024 at 5:22 pm
Going to church is good for your health. 
VERBATIM- And not just your spiritual health.  A new report from Harvard Public Health compiles numerous studies and concludes that people who attend worship regularly feel better.  The report says weekly church attendance is associated with “lower mortality risk, lower depression, less suicide, better cardiovascular disease survival, better health behaviors, and greater marital stability, happiness, and purpose in life.”  Michael Harrington, SRN News.
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Business

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WALL STREET BUSINESS REPORT 5-10

Fri, May 10, 2024 at 5:47 am

WALL STREET BUSINESS REPORT 5-10

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Sports

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AM SPORTSCAST 5-10

Fri, May 10, 2024 at 5:46 am

AM SPORTSCAST 5-10

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Editorial Cartoons

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Michael Ramirez
Mon, Apr 29, 2024

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