Ousters, upsets halfway through 2022 primary election season
More than halfway through a tumultuous primary season, voters have rendered verdicts in a number of contests, many of which featured candidates arguing they best represented a continuation of policies favored by former President Donald Trump.
Kemp backs Collins in Georgia race in further slap at Trump
Gov. Brian Kemp on Thursday endorsed Mike Collins in Georgia's 10th Congressional District runoff, a move that once again puts him at odds with former President Donald Trump while helping him settle the score against a former opponent. Kemp is the latest member of the Republican establishment to back Collins, a trucking company owner and son of the late congressman Mac Collins. Collins is running against Vernon Jones, a former primary foe of Kemp's who has received Trump's backing.news.yahoo.com
Rice uses 5 interceptions to upset No. 15 Marshall 20-0
The Rice defense held — and took its frustrations out on the Thundering Herd the rest of the game. Safety Naeem Smith returned one of five Marshall interceptions for a touchdown and Rice shocked the 15th-ranked Thundering Herd 20-0 on Saturday for their first loss. Marshall had not played in three weeks, while Rice was playing only its fourth game of the entire season. Marshall: The Thundering Herd were shut out for the first time since 2000 and for the first time at their home stadium. The Thundering Herd had been scheduled to play at Florida International the same night, but Conference USA announced Saturday that the game has been canceled.
The plunge in bond yields is scary now but could be helpful later
Government bond yields have reached what were once-unthinkable levels. Bond prices and yields move inversely to one another. Remember, we had a lot of economic momentum going into this." But Rupert also thinks the drop in yields, while signifying near-term panic, are signaling what could be a better path ahead. The debate over lower yieldscnbc.com
The market now sees the Fed cutting by 75 basis points in March
Friday's stock market rout and a fresh record low in government bond yields pushed traders to assign a 65% chance of a 75 basis point cut by the March 17-18 Federal Open Market Committee meeting, according to the CME's FedWatch tracker. If the market is correct, the cut in the federal funds rate would take the borrowing cost in short-term markets down to a range of 0.25%-0.5%. On Tuesday, the Fed announced a 50 basis point cut that put the current target to 1%-1.25%. In afternoon trading Friday, the market was pricing in a 0.53% funds rate, but that was drifting lower through the day. The possibility of the Fed going to zero, where it went in December 2008 and stayed for seven years, rose through the day Friday.cnbc.com
Astronauts hailed as heroes 50 years after historic moon landing
We honor these men today, and America will always honor our Apollo astronauts.Armstrong, the first man on the moon, died in 2012 at age 82. Trump instead repeated his interest in a NASA mission that would take astronauts directly to Mars, a vastly more challenging and costly endeavor. Slideshow (15 Images)To get to Mars, you have to land on the moon, they say. Any way of going directly without landing on the moon? Is that a possibility? the Republican president asked Bridenstine during an event in the White House Oval Office.feeds.reuters.com