Salem Radio Network News Saturday, January 28, 2023

Audio

5 Minutes at the Top of the Hour

Latest news stories from around the world brought to you at the top of the hour

Listen Now »

News

View More »

UK Treasury chief: Tax cuts must wait for inflation to fall

Fri, Jan 27, 2023 at 11:44 am

( ) -q-25- UNDATED (Correspondent Jeremy House) “since the 1980s.”

Britain’s Treasury chief says taming inflation is more important than cutting taxes.

[CutID: <Cuts> UK-ECONOMY-house-q-FRIam.mp3
Time: 25s
Title: UK-ECONOMY-house-q-FRIam
Out-cue: since the 1980s]

TAG: Correspondent Jeremy House reporting. At a speech Friday in London, Hunt said “the best tax cut right now is a cut in inflation.” Hunt said he wanted Britain to be a low-tax economy but “with volatile markets and high inflation, sound money must come first.”

—————————-
VERBATIM: Jeremy Hunt is resisting calls from some in the governing Conservative Party for immediate tax breaks for businesses and voters. The U.K.’s annual inflation rate hit a four-decade high of 11.1% in October, fueling a cost-of-living crisis and a wave of strikes. It has since eased but still reached a painful 10.5% in December and is the highest since the 1980s.

Listen Download

Greg Clugston SRN News White House correspondent

View More »

White House condemns Jerusalem synagogue “terror attack”

Fri, Jan 27, 2023 at 4:49 pm
The White House is denouncing the deadly violence in Jerusalem that left several people dead and wounded.  Press Secretary Karine Jean-Pierre said “we strongly condemn the heinous terror attack” at a Jerusalem synagogue. In a written statement, she said the White House is “shocked and saddened by the loss of life.” And she noted that the attack took place on International Holocaust Remembrance Day,
Listen Download

Bob Agnew SRN News U.S. Senate correspondent

View More »

Sales, Inflation Rate Indicate Rate Hikes Slowing Economy

Fri, Jan 27, 2023 at 11:33 am

It’s the latest evidence that the Fed’s series of interest rate hikes is slowing the economy. Prices rose 5% last month compared to the previous year, DOWN from the 5.5% year-over-year increase seen in November. It was the third straight drop.

Listen Download

Bernie Bennett SRN News U.S. House correspondent

View More »

New Inflation Report

Thu, Jan 12, 2023 at 2:03 pm

Inflation eased again in December, assuring economic policymakers that price increases are pulling back after soaring to 40-year highs last year. More details from Correspondent Bernie Bennett.

The consumer price index shows that inflation cooled last month to 6.5%, as expected, down from 7.1% in November and well below a June peak of 9%.
The Consumer Price Index for all items fell .1 percent, even as gasoline prices are in decline.

The CPI report shows signs that the Federal Reserve’s interest rate increases are cooling the overheated economy.

It was the slowest rate of price increases in more than a year. Inflation is still well above normal levels, and the economy remains vulnerable to shocks that could send prices back up.
Bernie Bennett in Washington.

Listen Download

Michael Harrington SRN News religion desk editor

View More »

Indictments handed up in attacks on pro-life pregnancy centers

Fri, Jan 27, 2023 at 9:38 am

Indictments have been handed up in attacks on pro-life pregnancy centers

VERBATIM: A federal grand jury has charged two Florida men with vandalizing pro-life facilities in Winter Haven, Hollywood and Hialeah. Marjorie Dannenfelser of Susan B. Anthony Pro-Life America says it’s about time, adding “Since the leak of the Dobbs decision eight months ago, there have been at least 79 attacks — including firebombings and threats of violence — on pregnancy centers and other nonprofits working to save lives.” She credits GOP lawmakers for pressuring the Department of Justice. Michael Harrington, SRN News.

 

Listen Download

Business

View More »

WALL STREET BUSINESS REPORT 1-27

Fri, Jan 27, 2023 at 5:41 am

WALL STREET BUSINESS REPORT 1-27

Listen Download

Sports

View More »

AM SPORTSCAST 1-27

Fri, Jan 27, 2023 at 5:39 am

AM SPORTSCAST 1-27

Listen Download

Editorial Cartoons

View More »

Gary Varvel
Fri, Jan 20, 2023

X CLOSE