Push Alert – National

Idaho Republicans poised to reject 2020 election results

The Idaho Republican Party will consider 31 resolutions at its three-day convention, including one already adopted by Texas Republicans that President Joe Biden isn’t the legitimate leader of the country. Another calls for not recognizing “imaginary identities,” a resolution aimed at transgender people. Multiple resolutions at the convention that begins Thursday involve voting. One resolution calls for changing Idaho’s system for statewide elections into a national-style electoral college, a process that sometimes leads to candidates winning without receiving the most votes.

Asian markets rise ahead of US inflation data

Asian stock markets are higher as investors wait for U.S. inflation data some worry might lead to more interest rate hikes. Shanghai, Tokyo, Hong Kong and Seoul rose on Wednesday. Sydney declined. Oil prices rebounded from Tuesday’s plunge but stayed below $100 per barrel. Wall Street’s benchmark S&P 500 index declined Tuesday ahead of the government’s release of data on June consumer prices and company results. Investors worry U.S. and European central bank action to cool inflation that is running at a four-decade high might derail global economic growth. The U.S. bond market is flashing warning signals of a possible recession.