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Sunday, feb 16
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28°
Sunday, feb 16
Tag:
Economics
Politics
Trump Wants US Treasury To Stop Making Pennies: Here's Why
President Donald Trump is calling for an end to the production of pennies, arguing that the cost of minting them far exceeds their actual value. As he departed the Super Bowl in New Orleans on Sunday night, Trump took to Truth Social to announce his directive to halt penny production, calling it a "wasteful" government expense. "For far too long the United States has minted pennies which literally cost us more than 2 cents," Trump wrote. "Let's rip the waste out of our great nations budget, even if it's a penny at a time." The financial burden of the penny has long been debated. Acco…
Business
Marriott Plans To Lay Off Over 800 Corporate Employees
Global hotel chain Marriott International is planning to lay off hundreds of employees by the start of the new year. According to a Maryland Work Adjustment and Retraining Notification (WARN) filing, the company, based in Bethesda, listed 833 people slated to lose their jobs by Wednesday, Jan. 3. Despite the development, Chief Executive Officer Anthony Capuano said business is solid. "Our business momentum is excellent, and as a company that embraces change, we continue to evolve our business to support our global growth," Capuano said in a third-quarter earnings call late last month,…
Schools
West Point Grad From Region Awarded Rhodes Scholarship
A West Point grad from the region is one of only 32 students nationwide to be awarded a Rhodes Scholarship at the University of Oxford in the fall of 2025. Orange County resident Shepherd Dzina of Tuxedo Park and three other cadets were awarded the scholarship on Saturday, Nov. 16. Dzina is an economics major currently serving as the Brigade Executive Officer at West Point, managing logistics and operations for over 4,400 cadets. He also leads the Finance Club and conducts research with the Army’s Office of Economics and Manpower Analysis. He has interned with the US International Develop…
Politics
Competitive Long Island, Hudson Valley Races Seen As Key To What Party Controls House
As Election Day draws closer, political pundits are closely watching three New York congressional races that could determine which party controls the House next year. Freshmen Republican Reps. Mike Lawler, Marc Molinaro, and Anthony D’Esposito – supporters of former President Donald Trump in districts won by President Joe Biden in 2020 – are all hoping for repeat wins in November. Here’s a closer look at their races. Mondaire Jones (left) and Rep. Mike Lawler. Campaign Facebook Pages 17th District: Lawler vs. Jones Lawler, whose 17th District represents all of Rockland and Pu…