Anna Edwards, Author at GanamRadio

26 Oct

Why the U.A.W.’s President Has Taken a Hard Line

Anna Edwards

When Shawn Fain sought the presidency of the United Automobile Workers union last year, he ran on a platform that promised: “No corruption. No concessions. No tiers.”That pledge encapsulated many members’ frustrations with years of union scandal and concessions to the three big Detroit automakers, including the creation of a lower tier of wages for newer employees. The platform helped propel Mr. Fain to the top job — where he has led a mounting wave of walkouts in recent weeks to demand more favorable contract terms.But the platform largely predated Mr. Fain’s candidacy. It was devised by a group called…

After Testifying, Trump Is Fined ,000 for Breaking Gag Order

26 Oct

After Testifying, Trump Is Fined $10,000 for Breaking Gag Order

Anna Edwards

A Manhattan judge on Wednesday ordered Donald J. Trump to the witness stand, questioned him personally, found that his answers were not believable and fined him $10,000.The judge, Arthur F. Engoron, who is presiding over Mr. Trump’s civil fraud trial, issued the punishment after determining that Mr. Trump had violated an order against discussing court staff when he spoke to reporters earlier in the day.From the stand, Mr. Trump, wearing a navy suit and curtailing his usual monologue, insisted that his spontaneous comments in a courthouse hallway had been about his former lawyer, Michael D. Cohen, a witness.They were not,…

25 Oct

Justice Thomas’s R.V. Loan Was Forgiven, Senate Inquiry Finds

Anna Edwards

Mr. Welters, in response to questions from the Finance Committee, shared loan documents dated Dec. 6, 1999, showing that he lent Justice and Mrs. Thomas the entire purchase amount at an annual interest rate of 7.5 percent. While that rate was in line with what might have been found in the marketplace at the time, what made the arrangement unusually favorable was that over the course of the five-year loan, Justice Thomas did not have to pay down any of the principal.Instead, he simply had to make annual interest payments of $20,042. The principal amount borrowed would come due in…

25 Oct

Opinion | Why Jews Cannot Stop Shaking Right Now

Anna Edwards

There is a reason so many Jews cannot stop shaking right now. The concept of intergenerational trauma doesn’t begin to describe the dark place into which this month’s attack plunged Jewish communities around the world.On Oct. 7, a Jewish holiday, Hamas terrorists went house to house in southern Israel murdering and abducting children and grandparents, pulling them from their beds, displaying victims’ dead bodies online, in a massacre of at least 1,400 people. In at least one instance, terrorists were reported to have uploaded a video of the murder of one victim to her own social media account for her…

25 Oct

Biden Seeks to Tame Oil Prices if Mideast Conflict Sends Them Soaring

Anna Edwards

Biden administration officials, worried that a growing conflict in the Middle East could send global oil prices soaring, are looking for ways to hold down American gasoline prices if such a jump occurs.Those efforts include discussions with large oil-producing nations like Saudi Arabia that are holding back supply and with American oil producers that have the ability to pump more than they already are producing, administration officials say.A senior administration official said in an interview that it was also possible that President Biden could authorize a new round of releases from the nation’s Strategic Petroleum Reserve, an emergency stockpile of…

25 Oct

Michael Cohen Testifies Against Trump at NY Fraud Trial

Anna Edwards

For five years, Michael D. Cohen has waged battle with Donald J. Trump from afar: on social media, on cable television and in the pages of his books.But on Tuesday, Mr. Cohen confronted his onetime boss from the witness stand in a Manhattan courtroom, attacking the former president as a criminal and a cheat and defending his own credibility under a barrage of questions.Mr. Cohen, once Mr. Trump’s loyal fixer and now his antagonist, was testifying in a civil fraud case that threatens to upend the former president’s family business and undermine his public image as a businessman. It was…

25 Oct

What the U.S. Has Argued in the Google Antitrust Trial

Anna Edwards

Since Sept. 12., the Department of Justice and a group of state attorneys general have questioned more than 30 witnesses as they try to prove that Google broke antitrust laws, in a landmark monopoly trial that may affect the power of the technology industry.The government is now wrapping up its side in the case — U.S. et al. v. Google — setting the stage for the internet giant to mount its defense starting this week.Two prime threads have emerged from the government’s case: what it said Google did to illegally maintain its search and search ads monopolies and how those…

25 Oct

G.O.P. Nominates Mike Johnson for House Speaker After Spurning Emmer

Anna Edwards

House Republicans chose and then quickly repudiated yet another of their nominees for speaker on Tuesday and rushed to name a fourth, pressing to put an end to a remarkable three-week-long deadlock that has left Congress leaderless and paralyzed.Representative Mike Johnson, a little-known social conservative from Louisiana, emerged on Tuesday night as the latest contender for the post after Representative Tom Emmer of Minnesota, the No. 3 House Republican, dropped his bid only hours after securing the nomination. Mr. Emmer’s downfall followed a swift backlash from the right, including former President Donald J. Trump, that left his candidacy in shambles…

24 Oct

New Normal or No Normal? How Economists Got It Wrong for 3 Years.

Anna Edwards

Economists spent 2021 expecting inflation to prove “transitory.” They spent much of 2022 underestimating its staying power. And they spent early 2023 predicting that the Federal Reserve’s rate increases, meant to cure the inflation, would plunge the economy into a recession.None of those forecasts have panned out.Rapid inflation has now been a fact of life for 30 consecutive months. The Fed has lifted rates above 5.25 percent to hit the brakes on price increases, but the economy has remained surprisingly strong in the face of those moves. Americans are working in greater numbers than predicted, and recent retail sales data…