In an appalling move to keep low-wage workers locked in poverty, the Iowa legislature this week gave final approval to a bill that reverses local minimum wage increases already approved in several counties and bans cities and counties from setting any wage and benefit standards. It is the first time that a state has nullified local minimum wage ordinances that had already taken effect and forced jurisdictions to lower minimum wage rates that had previously been raised.

Senator James Inhofe, Republican of Oklahoma, claimed that the Environmental Protection Agency is releasing “propaganda” that is “brainwashing our kids,” during a CNN interview on Thursday.

“We want to deliver the services. We ought to make things clean,” Inhofe said. “But we ought to take all this stuff that comes out of the EPA that’s brainwashing our kids, that is propaganda, things that aren’t true, allegations.”

U.S. computer chip and processor giant Intel will acquire the Israeli smart car tech firm Mobileye in a deal valued at $15.3 billion.

Supplying such automotive giants as General Motors and Volkswagen AG, Mobileye is one of the key producers of the onboard vision systems that anchor current advanced driver assistance systems — as well as tomorrow’s autonomous vehicle technology. The acquisition will help position Intel as a major player in the development of smart and driverless car systems.

Illinois just can’t catch a break. The state is home to 67 of the 1,000 biggest companies in the U.S. by revenue—fourth most among states. They include Boeing, Abbott Labs, Caterpillar and Kraft Foods. However, the net migration rate out of Illinois over the last five years is the worst in the U.S.

The state’s finances are also in shambles: in June 2016, Moody’s downgraded Illinois’ credit rating to Baa2—lowest in the country among the states—and maintained its negative outlook. Moody’s cited the state’s “continuing budget imbalance due to political gridlock.” It was the fourth downgrade since 2012.

Wall Street visitors and tourists will notice a new addition if they’re walking down Broadway in New York this week. About 20 feet across from the famous Charging Bull statue — a symbol of Wall Street’s strength and might that has loomed over the street since 1989 — a bronze statue of a girl stands facing it, hands on hip, a defiant expression carved into her face.

Don’t be fooled by Trump’s and Republican promises to “repeal and replace” Obamacare. They could repeal it, but they can’t and won’t replace it.

They’ve tried for years to come up with a replacement that keeps at least as many people covered. Their “replacement” never appears.

So why do Republicans want to repeal Obamacare and leave millions without insurance?  Because it would mean a huge tax windfall for the wealthy.

This past Sunday on Meet the Press, Chuck Todd spent 13 minutes trying to get Trump spokeswoman Kellyanne Conway to explain “why President Trump sent out his press secretary to essentially litigate a provable falsehood” about Trump’s inauguration. The falsehood, delivered by Press Secretary Sean Spicer on Saturday, was that Trump had attracted “the largest audience to witness an inauguration, period.” Spicer had also dismissed photos of the crowd, claiming they “were intentionally framed” to make it look small.