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America is shedding its status as the default choice for foreign governments to park money, buy weapons and send students. Why it matters: Even modest shifts away from the U.S. could chip away at advantages that have helped sustain American economic and geopolitical power for decades. Driving the news: The Netherlands moved 86 tons of gold out of the U.S. and Canada last week, citing the move as a hedge against "extreme systemic risks." France already moved all of its gold out of New York, while Germany debated doing the same. - Norway's sovereign wealth fund — the world's largest — announced plans to reduce its holdings of U.S. government bonds amid turbulence in the Treasury market. The big picture: Beyond finance, European…
Chris Cuomo questions President Trump’s promise at the GOP Midterm Convention to give $5,000 to each adult American if Republicans keep control of the House and Senate in November. Cuomo argues it would be better to ensure workers receive the fair wages they are seeking as labor’s share of the economy falls to its lowest level in decades. He then examines the growing divide within the Democratic Party and what Democrats need to do before November. With Democrats projected to have a chance to win the House and gain seats in the Senate, Democratic strategist James Carville weighs in. Ohio could be a warning sign for Republicans. Trump won Ohio by 11 points in 2024, but Democrats are tied or leading in the state’s two biggest statewide…
Tennis analyst Patrick McEnroe and sports personality Rich “Big Daddy” Salgado weigh in on the US Open, predicting American success while discussing sports betting, influencers and the tournament's growing popularity.
By J.R. Dunn The revelation that the Holdout Juror was a “person of color” has sent the internet and the left as a whole into gyrations usually limited to taser victims.
Teetotaling youngsters may find they are missing out on an important part of life. The post Will the Decline of Drinking Kill Socialization? appeared first on The American Conservative .
Culture Will the Decline of Drinking Kill Socialization? Teetotaling youngsters may find they are missing out on an important part of life. (Room 76/Shutterstock) Older adults, according to new data from the UK , are 50 percent more likely than those under 40 to be regular drinkers. Alcohol consumption in the USA, meanwhile, is at a record low . The youth are more health-conscious, and appear to be increasingly risk-averse as well. This sensitivity to risk, as Whitaker et al. have written , refers not just to health consequences, but also to the potential embarrassment associated with public drunkenness. On the flip…Open
Antisemitic threats have pushed the nationwide cost of protecting Jewish synagogues, schools and community centers past $1 billion a year, new estimates reveal as congregations prepare for big crowds during the High Holy Days , which began Friday with Rosh Hashanah. Why it matters: Enhanced security has become a growing expense for Jewish communities, congregation leaders say, often taking up money that could pay for teachers, summer camps, elder care and other programs. By the numbers: Jewish communal institutions are now spending an estimated $1.02 billion annually on security, a record high, according to new data from the Jewish Federations of North America (JFNA). - That's up 33% from the federation's previous annual estimate of…
