USA – Page 9880 – Prologue Journal

Turkey’s Erdogan Faces Biggest Election Challenge Over Economy

Wall Street Journal Once celebrated as the leader who lifted millions of Turks into the middle class, President Recep Tayyip Erdogan is losing support over his handling of the economy as the rising cost of food, energy, medicine and other essentials unravel the standard of living for most people. https://www.wsj.com/articles/turkeys-erdogan-faces-biggest-election-challenge-over-economy-6ba8c6bc

Today’s Logistics Report: Enduring Supply Chain Changes; Reshoring Logistics Hurdles; Shipyard Shortfall

Wall Street Journal https://createsend.com/t/d-47EA18737FC528F02540EF23F30FEDED

Washington lawmakers approve $69 billion budget for next 2 years

Fox News Lawmakers in Washington state closed out the legislative session by adopting a $69 billion operating budget for the next two years that pays for teacher and state employee raises, and devotes new money to mental health support, emergency housing and rental aid. It was the sixth year running that lawmakers finished their budget…

Sliding Diesel Prices Signal Warning for U.S. Economy

Wall Street Journal A “freight recession” means fewer trucks carrying goods across the country. https://www.wsj.com/articles/sliding-diesel-prices-signal-warning-for-u-s-economy-3351e8f3

Stocks Still Aren’t Close to Cheap

Wall Street Journal Investors should take note when many of the methods of valuing the stock market say it is still expensive. https://www.wsj.com/articles/stocks-still-arent-close-to-cheap-c0455453

U.S. Says Russia’s Military Actions in Syria Raise Risk of Escalation

Wall Street Journal Russian jet fighters and drones are harassing U.S. forces in Syria with increasing frequency, creating new risks of a deadly miscalculation between the two military superpowers. https://www.wsj.com/articles/u-s-says-russias-military-actions-in-syria-raise-risk-of-escalation-7a858d77

Wisconsin Assembly set to vote on bill that would limit unemployment aid

Fox News People in Wisconsin would receive fewer unemployment benefits and face stricter qualification requirements under a package of bills slated for votes in the state Assembly on Tuesday. The eight Republican-backed measures follow a statewide April election in which more than three-quarters of voters supported a nonbinding ballot question saying they believe able-bodied adults…

Trump slams Biden’s ‘calamitous and failed presidency’ as president announces 2024 re-election campaign

Fox News As President Biden declared his bid for re-election Tuesday morning, former president and Republican 2024 contender Donald Trump welcomed Biden to the race with a blistering indictment of the current president’s record. “You could take the five worst presidents in American history, and put them together, and they would not have done the…

GE Sales Rise on Demand for Jet Engines

Wall Street Journal The manufacturer’s first-quarter revenue jumped 25% in the aerospace business while orders rose 14%. https://www.wsj.com/articles/general-electric-ge-q1-earnings-report-2023-625cd601

Ernst looks to rein in bloated federal projects, proposes bill targeting Biden’s ‘reverse Midas touch’

Fox News EXCLUSIVE: Sen. Joni Ernst, R-Iowa, will unveil new legislation today aimed at curbing the amount of taxpayer dollars being spent on delayed and over-budget projects. The Senate Republican Policy Committee Chair is introducing the Billion Dollar Boondoggle Act, which would force government agencies to disclose detailed reports on taxpayer-subsidized government projects that are…