US Announces $930 Million in Grants to Improve Internet Access
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
US Announces $930 Million in Grants to Improve Internet Access
US Announces , $930 Million in Grants , to Improve Internet Access.
ABC reports that the government's push
to expand internet access to every home in
America took a major step forward on June 16.
The Department of Commerce announced $930 million
in grants meant to increase connectivity in parts of
Alaska, Texas and over a dozen other U.S. locations.
The Department of Commerce announced $930 million
in grants meant to increase connectivity in parts of
Alaska, Texas and over a dozen other U.S. locations.
The middle mile grants are intended to develop the infrastructure necessary to improve access for areas previously out of reach of retail broadband providers.
ABC reports that Department officials have compared
the importance of this infrastructure to how the
interstate highway bridged the gap between communities.
These networks are
the workhorses carrying
large amounts of data
over very long distances.
They’re the ones that are bridging the gap
between the larger networks and the last
mile connections, from tribal lands to
underserved rural and remote areas
to essential institutions like hospitals,
schools, libraries and major businesses, Mitch Landrieu, White House infrastructure coordinator, via ABC .
They’re the ones that are bridging the gap
between the larger networks and the last
mile connections, from tribal lands to
underserved rural and remote areas
to essential institutions like hospitals,
schools, libraries and major businesses, Mitch Landrieu, White House infrastructure coordinator, via ABC .
ABC reports that a number of state government
agencies, along with tribal governments,
are among those who will receive the funding.
.
ABC reports that a number of state government
agencies, along with tribal governments,
are among those who will receive the funding.
.
The initiative aims to lay over
12,000 miles of high-capacity fiber lines
through 35 states and Puerto Rico.
The Middle Mile program
is a force multiplier in
our efforts to connect
everyone in America, Alan Davidson, Commerce Assistant Secretary, via ABC .
These grants will help build the foundation
of networks that will in turn connect
every home in the country to affordable,
reliable, high-speed Internet service, Alan Davidson, Commerce Assistant Secretary, via ABC
Biden Asserts Executive Privilege , Over Audio of Interview With Robert Hur.
In February, Hur's yearlong investigation
into whether President Biden mishandled classified documents ended without enough evidence to support criminal charges.
In February, Hur's yearlong investigation
into whether President Biden mishandled classified documents ended without enough evidence to support criminal charges.
House Republicans were provided a
transcript of Biden's interview with Hur, but they wanted the audio, which the DOJ denied.
As a result, House Republicans were
moving to hold Attorney General
Merrick Garland in contempt of Congress.
On May 16, the Department of Justice told House Republicans that the president asserted executive privilege over audio from his interview with the special counsel.
The move protects Garland from criminal exposure as GOP lawmakers seek to hold him accountable.
Assistant Attorney General Carlos Uriarte
explained the DOJ's actions in a letter.
The Attorney General must draw a line
that safeguards the Department from
improper political influence and protects
our principles, our law enforcement work,
and the people who carry out that work
independently, without fear or favor, Assistant Attorney General Carlos Uriarte, via letter .
The Committees seek to hold the
Attorney General in contempt
not for failing in his duties,
but for upholding them, Assistant Attorney General Carlos Uriarte, via letter .
With the information you now have,
the Committees ought not to proceed
with contempt and should instead avoid
unnecessary and unwarranted conflict, Assistant Attorney General Carlos Uriarte, via letter .
White House Counsel Ed Siskel also wrote a letter supporting the assertion of executive privilege. .
The absence of a legitimate need
for the audio recordings lays bare
your likely goal—to chop them up,
distort them, and use them for
partisan political purposes, White House Counsel Ed Siskel, via letter
Credit: Wibbitz Top Stories Duration: 01:31Published
Consumer Outlook , Plunges Amid Fears of , More Price Hikes Ahead.
CNN reports that sentiment about the economy among
consumers in the United States has plummeted
to the lowest level in the past six months.
According to the latest consumer survey by the
University of Michigan, consumers are also bracing
for more price increases in the year ahead. .
The consumer expectations gauge,
which is closely monitored by the White House,
dropped 13%, representing the most significant
single month decline since mid-2021.
The latest news is still better than
last May when inflation was at 4%
compared to the current 3.5% reading.
However, CNN points out that despite inflation
being lower than the same time last year, the numbers
have been moving in the wrong direction.
The trajectory has shifted
economist expectations for
the Federal Reserve to cut rates. .
The latest Fed report saw expectations
for year-ahead inflation increase
to 3.5% from the 3.2% forecast in April. .
At the same time, long-run
expectations for inflation also
increased to 3.1% from April's 3.0%. .
According to Chicago Federal Reserve
President Austan Goolsbee, the latest data , "bodes awful for progress on inflation.".
There isn’t, at this time,
much evidence in my view that
inflation is stalling out at 3%, Austan Goolsbee, Chicago Federal Reserve President, via CNN
Credit: Wibbitz Top Stories Duration: 01:31Published
A driver died after crashing a car into the exterior gate of the White House late Saturday, the US Secret Service said. "Shortly before 10:30 pm a vehicle travelling at a high speed collided with an outer perimeter gate on the White House complex" the service said in a statement on social media platform X. The Secret Service, along with the police and fire departments of the District of Columbia, have launched an investigation into the fatal crash, according to Secret Service spokesman Anthony Guglielmi. He added there was "no threat or public safety implications". In January, authorities detained another person who crashed a vehicle into the exterior gate of the same complex.
#WhiteHouseGate #SecurityBreach #USNews #DriverIncident #InvestigationLaunched #SecretService #BreakingNews #USIncident #SecurityAlert #DriverFatality
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The White House defended President Biden's comments on 'xenophobia' regarding India, China, and Japan, stressing the positive role of immigrants in the US. Biden's remarks, made at a Democratic Party fundraiser, linked economic challenges in these countries to xenophobia, but faced criticism. Nonetheless, the White House reaffirmed Biden's commitment to strengthening ties with allies like India and Japan.
#WhiteHouse #PresidentBiden #JapanIndia #USIndia #USJapan #Xenophobia #BidenGaffe #USnews #Worldnews #Oneindia #Oneindianews
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Join us as we delve into Donald Trump's candid conversation with the Milwaukee Journal Sentinel regarding his plans if he loses the 2024 White House race to Biden. Trump's remarks on election integrity and potential outcomes shed light on his post-election strategy. Stay tuned for insights and analysis on this critical issue.
#USNews #USPresidentialElection #UnitedStates #AmericanElection #DonaldTrump #JoeBiden #BidenvsTrump #TrumpSpeech #Oneindia
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Key Federal Reserve Inflation Gauge , Rose 2.8% in March.
According to Commerce Department
data released on April 26.
the personal consumption expenditures
(PCE) price index, not including food or energy, rose 2.8% year-over-year in March. .
That exceeded Dow Jones
estimates of 2.7%, CNBC reports. .
When also accounting for food and energy, the all-items PCE measure rose 2.7%,
which was above the 2.6% estimate.
Inflation reports released this morning
were not as a hot as feared, , George Mateyo, chief investment officer at Key Wealth, via CNBC.
... but investors should not get
overly anchored to the idea that
inflation has been completely
cured and the Fed will be cutting
interest rates in the near-term, George Mateyo, chief investment officer at Key Wealth, via CNBC.
The prospects of rate cuts remain,
but they are not assured, and the
Fed will likely need weakness in
the labor market before they
have the confidence to cut, George Mateyo, chief investment officer at Key Wealth, via CNBC.
Consumers continue to spend despite
higher prices, CNBC reports.
Personal spending increased 0.8% in March, while personal income rose 0.5%.
The personal saving rate dropped to 3.2% as more people are having to dip into their savings to cover the cost of living.
The Fed continues to target 2% inflation, which the core PCE has exceeded for
the last three years, CNBC reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
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
A 9-year-old boy in Texas had to dodge bullets from the comfort of his own home -- which can be seen in distressing new footage ... and it's a miracle he made it.. TMZ.com
Rashee Rice has been accused of hitting a photographer so hard in the face during an altercation outside of a Texas nightclub earlier this week, he left the man.. TMZ.com
The disappearance of Rupesh Chandra Chintakindi, a 25-year-old student from Telangana studying in Chicago, has alarmed the Indian community. Last seen on May 2nd, efforts to locate him have been fruitless. He vanished after allegedly traveling to Texas to meet an unidentified individual. His case highlights a troubling trend of Indian students facing danger abroad, prompting calls for increased safety measures.
#RupeshChintakindi #Telangana #IndianinUS #IndianStudents #Texas #Chicago #IndianCommunity #USnews #Indianews #Worldnews #Oneindia #Oneindianews
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Haiti's Transitional Council , Looks to Rebuild Following , 'Collapse' of Institutions.
NBC reports that Haiti's transition council formally
took power on April 25. It seeks to restore order
after suffering the effects of years of gang violence.
Former Prime Minister Ariel Henry's finance minister,
Michel Patrick Boisvert, will serve as Haiti's interim prime
minister until a new head of government can be appointed. .
Today is an important day
in the life of our dear republic,
this day in effect opens
a view to a solution, Michel Patrick Boisvert, interim prime minister, via NBC .
Non-voting council member Regine Abraham
said the council would focus on security,
constitutional reform and elections. .
Abraham said that the group must also rebuild the
nation's judiciary system and fix the economy. .
We are seeing the total
collapse of our institutions
and failure of a government, Regine Abraham, non-voting council member, via NBC News.
We are seeing the total
collapse of our institutions
and failure of a government, Regine Abraham, non-voting council member, via NBC News.
Facing this unprecedented crisis,
the entire population has recognized
the urgent need of a firm hand
to take us out of this spiral
of despair and destruction, Regine Abraham, non-voting council member, via NBC News.
Facing this unprecedented crisis,
the entire population has recognized
the urgent need of a firm hand
to take us out of this spiral
of despair and destruction, Regine Abraham, non-voting council member, via NBC News.
NBC reports that armed gangs have been tightening their
grip on the capital and toppling Henry for years, largely
equipped with weapons trafficked from the United States.
NBC reports that armed gangs have been tightening their
grip on the capital and toppling Henry for years, largely
equipped with weapons trafficked from the United States.
Last month, Henry announced that he would
step down once the council was in place. .
In late February, the now-former
prime minister fled to Puerto Rico as
gangs threatened to overtake the capital. .
In late February, the now-former
prime minister fled to Puerto Rico as
gangs threatened to overtake the capital.
Credit: Wibbitz Top Stories Duration: 01:31Published
NASA Invested $45 Million, In Seeding Cutting-Edge , U.S. Space Businesses.
NASA is looking to accelerate the development
of new technologies at hundreds
of small aerospace businesses.
NASA is..
Credit: Wibbitz Top Stories Duration: 01:31Published
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