This Day in History:, FDR Signs the Beer
and Wine Revenue Act.
March 22, 1933.
After 14 years of Prohibition, the Beer and Wine Revenue
Act finally allowed the sale and government taxation of
alcoholic beverages with no more than 3.2% alcohol.
The act was part of FDR's New Deal,
a series of economic measures intended
to pull America out of The Great Depression.
It was one of his first actions as president.
Its passage signaled the repeal of the
18th Amendment and the Volstead Act,
which prohibited the sale of alcohol in the U.S.
While a victory for the powerful temperance
movement, Prohibition increased illegal trafficking
of alcohol. It had little effect on its consumption.
Later that year in December,
the 21st Amendment was passed,
bringing the era of Prohibition to an end
Credit: Wibbitz Top Stories Duration: 00:48Published
FTC to Decide , Whether Noncompete Agreements , Should Be Banned.
After receiving over 26,000 public comments about the issue, the Federal Trade Commission is set to deliver its verdict on April 30, NPR reports. .
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
Approximately one in five Americans, spanning minimum wage workers to CEOs, are subject to noncompete agreements, the FTC estimates. .
The Biden administration says that these types of agreements hurt workers by decreasing wages.
The White House also argues that these
agreements harm the U.S. economy because entrepreneurship isn't allowed to freely flourish. .
FTC Chair Lina M. Khan issued a statement when
the proposed ban was initially introduced.
The freedom to change jobs is
core to economic liberty and to
a competitive, thriving economy, FTC Chair Lina M. Khan, via statement.
Noncompetes block workers from
freely switching jobs, depriving
them of higher wages and better
working conditions, and depriving
businesses of a talent pool that
they need to build and expand, FTC Chair Lina M. Khan, via statement.
Businesses argue that noncompete agreements are essential for safeguarding investments and proprietary information.
Those businesses also question whether
the agency has the power "to regulate
such agreements," NPR reports. .
If the FTC votes to issue a final rule, enforcement wouldn't occur for 180 days,
and legal challenges would likely ensue.
Credit: Wibbitz Top Stories Duration: 01:31Published
Millennials Want a 4-Day Workweek, , Poll Indicates.
Redfield and Wilton Strategies recently conducted a poll for 'Newsweek' to find
out how Americans feel about the idea of moving toward a four-day workweek.
4,000 U.S. voters were
surveyed between April 6 and 7.
63% were in favor of a four-day workweek.
46% think the model makes
employees more productive.
Out of all age groups surveyed,
millennials accounted for 74% of those
who want to work less hours.
Of that 74%, 44% "were strongly in favor of a shorter working week," 'Newsweek' reports.
50% of people born in 1964 and before supported a four-day workweek.
The results come as more companies are adopting shorter workweeks, and politicians are pushing to advance the trend in Congress.
The results come as more companies are adopting shorter workweeks, and politicians are pushing to advance the trend in Congress.
The sad reality is, Americans now
work more hours than the people
of most other wealthy nations, Bernie Sanders, via March 2024 health committee hearing.
Lisa Countryman-Quiroz, CEO of non-profit JVS, called a 5-day, 40-hour workweek outdated.
The five-day workweek was created in a
different time. It served its purpose, but
today's world is more fast-paced and
technology-driven than our workplace
predecessors could have imagined, Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'.
Since implementing a
four-day workweek, our
results have been incredible. , Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'.
We've found our employees are more
productive, report better work-life balance,
and experience less burnout. Incredibly, our
turnover rate has been cut nearly in half, Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:31Published
Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.
Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.
NBC reports that President Joe Biden will mark
Earth Day with the announcement of $7 billion
in federal grants for residential solar projects.
NBC reports that President Joe Biden will mark
Earth Day with the announcement of $7 billion
in federal grants for residential solar projects.
The grants will bring solar energy
to over 900,000 households in both
low- and middle-income communities. .
According to senior administration officials, the
projects receiving additional funding will reduce emissions
by 30 million metric tons and save $350 million every year. .
According to senior administration officials, the
projects receiving additional funding will reduce emissions
by 30 million metric tons and save $350 million every year. .
NBC reports that solar power has gained
traction as a clean energy source that could
help reduce U.S. reliance on fossil fuels.
However, the high cost of initial installation
makes solar energy inaccessible
for many households in the U.S.
However, the high cost of initial installation
makes solar energy inaccessible
for many households in the U.S.
49 of the new grants will be awarded at
the state level, six more will serve Native American
tribes and another five are multi-state awards.
The grants will be used for renewable
investments that include rooftop solar
and community solar gardens. .
The grants will be used for renewable
investments that include rooftop solar
and community solar gardens. .
Officials say that the latest environmental
announcements are part of an effort to energize
young voters ahead of his upcoming reelection campaign.
Biden also reportedly plans to expand the
American Climate Corps green jobs training program,
which was created last year by executive action. .
Biden also reportedly plans to expand the
American Climate Corps green jobs training program,
which was created last year by executive action. .
The corps, which will offer nearly 2,000 positions across
36 states, is meant to offer young Americans the chance
to help enact the Biden administration's climate agenda. .
The corps, which will offer nearly 2,000 positions across
36 states, is meant to offer young Americans the chance
to help enact the Biden administration's climate agenda.
Credit: Wibbitz Top Stories Duration: 01:31Published
March Retail Sales , Exceeded Expectations.
New Commerce Department data surprised
some analysts on April 15, 'The Hill' reports. .
The agency's latest estimates indicate
that March retail sales increased by 0.7%.
They were only expected
to rise 0.3% last month.
While sales exceeded estimates for March, the jump
was still below the 0.9% increase in February.
Compared to the same time last year, total sales
for the first three months of 2024 were up 2.1%.
On April 10, the Labor Department released data showing that inflation rose last month. .
The consumer price index (CPI)
increased 0.4% in March and 3.5% annually.
In February, consumer prices
increased 3.2% year-over-year. .
Still, the newest Commerce Department data suggests that Americans continue to spend despite prolonged inflation, 'The Hill' reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to seek safe havens like gold and bonds.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to seek safe havens like gold and bonds.
By mid-afternoon, the Dow had fallen
1.4%, the S&P 500 went down 1.6%,
and the Nasdaq dropped 1.8%.
The dip came after the White House announced
that both the U.S. and Israel are on alert for
a potential attack by Iran or its allies.
The dip came after the White House announced
that both the U.S. and Israel are on alert for
a potential attack by Iran or its allies.
The warning comes after Iran
accused Israel of a deadly airstrike
on a consulate in Damascus, Syria. .
The news also sent oil prices up amid
fears of regional tensions escalating
as a result of the ongoing war in Gaza. .
The news also sent oil prices up amid
fears of regional tensions escalating
as a result of the ongoing war in Gaza. .
Brent crude futures jumped up to $90.42
a barrel, and West Texas Intermediate crude
futures increased to $86.65 a barrel.
Those geopolitical concerns and subsequent
rising oil prices sent investors to safe havens like
gold futures, which rose to $2,379 a troy ounce.
Those geopolitical concerns and subsequent
rising oil prices sent investors to safe havens like
gold futures, which rose to $2,379 a troy ounce.
CNN reports that Americans' opinions of
the economy have dipped in the past few
months amid persistently high inflation.
The geopolitical fears come as investors are already
contending with concerns that the Federal Reserve could
wait to bring interest rates down from a 23-year high.
Officials at the Fed have signaled that further rate
hikes could still be on the way if the central
bank's efforts to fight inflation stall.
Credit: Wibbitz Top Stories Duration: 01:31Published
UNRWA’s commissioner general says attacks on the agency’s reputation were intended to strip Palestinians of refugee status, a day after independent report found Israel still hadn’t provided any evidence staff had links to terror groups.
Credit: euronews (in English) Duration: 02:16Published
Joe Biden has suggested his uncle may have been eaten by cannibals after his plane was shot down during the Second World War - as he said Donald Trump was.. Sky News
A far-right German politician will continue to run in the upcoming European parliamentary elections despite allegations that his advisor was spying for China. Sky News
Rishi Sunak and German Chancellor Olaf Scholz held a joint press conference. Speaking today in Berlin, the prime minister confirmed the reduction in civil service headcount to pre-pandemic levels would partly fund the defence spending uplift. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Rishi Sunak visits Germany, the day after announcing in Poland that the UK will spend 2.5% of GDP on defence by 2030. The prime minister is welcomed with military honours by Chancellor Olaf Scholz in the country's capital. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Amid the speculations that Congress might field him from the Hamirpur parliamentary seat against BJP’s Anurag Thakur, the deputy chief minister Mukesh.. IndiaTimes
BJP's Kerala challenge, Modi's Congress attack, Lok Sabha polls for 89 seats, key leaders like Rahul Gandhi, Shashi Tharoor, Uddhav Thackeray, and heatwave.. IndiaTimes
Congress aims to win over 13 seats in Rajasthan, countering BJP's divisive strategies. Dotasra criticizes Modi's lies and vindicates Rahul Gandhi's stance on.. IndiaTimes
Congress dissociated itself from chairman of Indian Overseas Congress Sam Pitroda's comments on inheritance tax and said his remarks were being sensationalised.. IndiaTimes
News and information for Exceptional Americans. December 7, 1941 a day that will live in infamy. Remember Pearl Harbor! Will recognize the attack on America by the 5th Column and the..
![This Day in History: FDR Signs the Beer and Wine Revenue Act [Video]](https://video.newsserve.net/300/v/20240322/1370290524-This-Day-in-History-FDR-Signs-the-Beer.jpg)
![FTC to Decide Whether Noncompete Agreements Should Be Banned [Video]](https://video.newsserve.net/300/v/20240423/1373526476-FTC-to-Decide-Whether-Noncompete-Agreements-Should-Be.jpg)
![Millennials Want a 4-Day Workweek, Poll Indicates [Video]](https://video.newsserve.net/300/v/20240422/1373469894-Millennials-Want-Day-Workweek-Poll-Indicates.jpg)
![Biden Looks to Energize Young Voters With Earth Day Solar Energy Grants [Video]](https://video.newsserve.net/300/v/20240422/1373447144-Biden-Looks-to-Energize-Young-Voters-With-Earth.jpg)
![March Retail Sales Exceeded Expectations [Video]](https://video.newsserve.net/300/v/20240416/1372826444-March-Retail-Sales-Exceeded-Expectations.jpg)
![Fears of Potential Iranian Attack Drive US Stocks Down Nearly 500 Points [Video]](https://video.newsserve.net/300/v/20240412/1372522960-Fears-of-Potential-Iranian-Attack-Drive-US-Stocks.jpg)
![EU foreign policy chief compares Gaza destruction with German cities in WWII [Video]](https://video.newsserve.net/300/v/20240424/1373586678-EU-foreign-policy-chief-compares-Gaza-destruction-with.jpg)
![World War II: Preserving the historical record for future generations [Video]](https://video.newsserve.net/300/v/20240411/1372403594-World-War-II-Preserving-the-historical-record-for.jpg)
![Germany begins deployment of permanent Lithuania brigade in first since WWII [Video]](https://video.newsserve.net/300/v/20240409/1372220128-Germany-begins-deployment-of-permanent-Lithuania-brigade-in.jpg)
![PM: ''We are making a choice to prioritise defence'' [Video]](https://video.newsserve.net/300/v/20240424/1373643060-PM-We-are-making-choice-to.jpg)
![Germany's Scholz urges Europe to do more for Ukraine as UK PM ups defence spending [Video]](https://video.newsserve.net/300/v/20240424/1373639432-Germany-Scholz-urges-Europe-to-do-more.jpg)
![Rishi Sunak meets Chancellor Olaf Scholz in Berlin [Video]](https://video.newsserve.net/300/v/20240424/1373619092-Rishi-Sunak-meets-Chancellor-Olaf-Scholz-in-Berlin.jpg)
![AGENDA 21 RADIO DECEMBER 7, 2022 [Video]](https://video.newsserve.net/300/v/20221207/1670422831-AGENDA-21-RADIO-DECEMBER-2022.jpg)
