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Here are today's featured stories, posted by DU members and curated by the Administrators. More news items can be found in our Latest Breaking News forum, and for all the most up-to-the-minute stories that are being talked about by DU members, visit the Latest Discussions page.

September 8, 2024

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Yellen says U.S. economy remains solid, on path to 'soft landing' with no meaningful layoffs

Published Sat, Sep 7 2024 7:05 PM EDT Updated Moments Ago Treasury Secretary Janet Yellen sought to reassure the public on Saturday that the U.S. economy remains strong, despite a string of weak job reports that have rattled investors and weighed on the stock market. “We’re seeing less frenzy in terms of hiring and job openings, but we’re not seeing meaningful layoffs,” Yellen said at the Texas Tribune Festival in Austin. “I’m attentive to downside risk now on the employment side, but what I ...

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It's 'not a fact of life': Walz responds to Vance's school shooting comments

09/07/2024 09:49 PM EDT Minnesota Gov. Tim Walz sharply criticized Sen. JD Vance’s response to this week’s school shooting in Georgia, telling an LGBTQ+ advocacy group Saturday evening that such events are “not a fact of life.” Vice President Kamala Harris, Walz and Democrats have fiercely condemned Vance’s comments about the shooting after he responded to a reporter’s question Thursday by saying: “I don’t like that this is a fact of life.” A 14-year-old boy is accused of using a semiautomat ...

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'Hillbilly Elegy' director: 'There's no version of me voting for Donald Trump'

09/07/24 5:48 PM ET The director of the 2020 movie based on Ohio Sen. JD Vance’s (R) book, “Hillbilly Elegy,” said that he won’t be casting a vote for former President Trump despite Vance being his VP in a video posted Saturday. “There’s no version of me voting for Donald Trump to be president again, whoever the Vice President was,” Ron Howard said in a video from Variety. Howard had previously said in 2022 that he was “surprised by some of the positions [Vance has] taken and statements he’ ...

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Biden Aides Working On Plan for American 'Sovereign Wealth Fund': Report

Published 09/07/24 AT 4:24 PM EDT President Joe Biden's top national security officials have reportedly been crafting a plan that would allow the country to invest in emerging technologies, energy and critical links in the supply chain. The project has been in the works for months but didn't surface until Friday, the day after former President Donald Trump floated a similar idea for an investment fund to finance "great national endeavors," according to Bloomberg, which cited people ...

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Republican Leader Warns of 'Real Problem' Heading Into Election

Published Sep 07, 2024 at 2:55 PM EDT Updated Sep 07, 2024 at 5:35 PM EDT Jason Thielman, executive director of the National Republican Senatorial Committee (NRSC), warned on Friday about a "real problem" of cash flow when it comes to the GOP's ability to maintain momentum going into this year's election. Control of the Senate is up for grabs this year as Democrats and Republicans view themselves as having a chance of winning a majority. Democrats are defending several seats in com ...

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