American consumers have never been this pessimistic about the economy, with the University of Michigan consumer confidence index plunging to a record low, as soaring inflation erodes household purchasing power and threatens a cost-of-living crisis.
Fox News White House correspondent Peter Doocy hit a raw nerve during Thursday’s news briefing when he tried to get President Joe Biden’s press secretary to tell us all just how much financial pain the president expects of us all where it concerns Joe’s cause célèbre, the electric vehicle.
A former U.S. military pilot pleaded guilty on June 23 to acting as a paid agent of China, admitting that he provided American aviation-related technology to the communist regime, the U.S. Department of Justice said in a press release.
A Tesla Model S spontaneously burst into flames at a California junkyard earlier this month and fire crews used thousands of gallons of water to put out the blaze, the Sacramento Metropolitan Fire District said.