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Calls for Supreme Court Justice Clarence Thomas to resign—or face impeachment proceedings—mounted late Thursday after text messages revealed that his wife urged former White House Chief of Staff Mark Meadows to aggressively pursue efforts to overturn the 2020 election results. The Washington Post and CBS News obtained dozens of texts that Ginni Thomas, a long-time far-right activist who attended the January…Continue Reading

On Thursday, March 24, journalists Bob Woodward and Robert Costa reported that the Washington Post and CBS News had obtained copies of text messages from November 2020 in which far-right GOP activist Ginni Thomas — the wife of U.S. Supreme Court Justice Clarence Thomas — promoted the Big Lie and repeatedly urged then-White House Chief of Staff…Continue Reading

The rate for the most common kind of mortgage just surged again.The average rate on the 30-year fixed mortgage shot significantly higher Friday, rising 24 basis points to 4.95%, according to Mortgage News Daily. It is now 164 basis points higher than it was one year ago.”That’s the second time this week, and it puts…Continue Reading

Supreme Court Associate Justice Clarence Thomas, left and his wife Virginia Thomas, right, leave the the Basilica of the National Shrine of the Immaculate Conception in Washington after attending funeral services of the late Supreme Court Associate Justice Antonin Scalia, on Feb. 20, 2016.Pablo Martinez Monsivais | APA top Senate Democrat on Friday said Supreme…Continue Reading

Traders on the floor of the NYSE, March 15, 2022.Source: NYSEThe S&P 500 rose Friday to close out a winning week even as investors weighed interest rate hikes and war in Ukraine.The Dow Jones Industrial Average rose about 150 points, or 0.4%. The S&P 500 added 0.5%. The Nasdaq Composite dipped 0.2%.All three major averages…Continue Reading

The 10-year U.S. Treasury yield hit a fresh two-year high Friday as investors anticipate a more aggressive Fed.The 10-year rate at its highs of Friday’s session hit 2.503%, its highest level since May 2019. The yield started the week near 2.15%.The yield on the benchmark 10-year Treasury note moved 14.3 basis points higher to 2.484%…Continue Reading

Federal Aviation Administration chief Steve Dickson said Friday that the agency’s “zero tolerance” policy toward unruly passengers will continue, even though reports of bad behavior have declined from last year’s record.The FAA established the policy in January 2021 in hopes of stemming a surge of disruptive passengers, threatening fines of up to $35,000 and possible…Continue Reading