economy

On Thursday, the U.S. Federal Reserve pumped $75 billion into the financial system through overnight repurchase, or “repo” agreements, marking the third time it intervened in U.S. money markets in as many days. The last time the Federal Reserve flushed the banking sector with this much cash was the financial crisis of 2008. On Thursday’s
0 Comments
A Democratic California state lawmaker found herself caught in a debate between exotic dancers and a porn worker over a new law aimed at the gig economy. The San Diego dancers were protesting Assembly Bill 5, which has gotten national attention for targeting the “gig economy,” including apps like Uber and Lyft. The bill has
0 Comments
A new poll shows that for the first time in President Donald Trump’s first term, more Americans believe the economy is worsening than the percentage of Americans who believe the economy is getting better. The Quinnipiac University poll found that 37 percent of Americans responded that the economy was deteriorating, 6 percentage points more than
0 Comments
Many were astounded at the compliment that Sen. Bernie Sanders (I-Vt.) delivered to China and its economy in the midst of political turmoil surrounding the crackdown on political dissidents in Hong Kong. The presidential candidate made the comments during an interview with The Hill TV. “But what we have to say about China, in fairness
0 Comments
A group of U.S. billionaires has proposed to lawmakers the notion of taxing the wealthy more to help the nation’s economy. According to the Daily Mail, billionaire liberal activist George Soros is one of those people. What are the details? The group — featuring 19 billionaires — penned and signed a letter addressed to candidates
0 Comments
Former Wisconsin governor Scott Walker reminded Sen. Sanders (I-Vt.) of the failures of socialism after he encouraged socialist activists to protest at a Walker speaking engagement in Vermont. “Scott Walker made his name busting unions, cutting health care, and gutting funding for public education,” Sanders said in a statement on Wednesday. “Scott Walker’s brand of
0 Comments
The new Quinnipiac University National Poll released Tuesday had a lot of interesting numbers, particularly on the topics of the economy and approval ratings. Not just for President Donald Trump, but for the 2020 Democratic contenders, too. With regard to the economy, America is doing very well by the numbers. On the question of whether
0 Comments
Children in Lordstown, Ohio, are writing letters to General Motors, begging the company to spare their town’s auto plant. In November, GM announced that they would be closing several plants in North America — including the plant in Lordstown — in March 2019. About 15,000 people are expected to be impacted by the plant closures.
0 Comments
This morning’s key headlines from GenerationalDynamics.com Japan finds ‘semi-infinite supply’ of rare earth minerals in its territorial waters Japan’s rare earths discovery represents a defeat for China Japan finds ‘semi-infinite supply’ of rare earth minerals in its territorial waters Researchers have found rare earth minerals just 2-4 meters below the seabed, at a depth of
0 Comments
Bob Paduchik, co-chair of the Republican National Committee, told Breitbart News Saturday host Matt Boyle, Washington political editor for Breitbart News, and co-host Amanda House, Washington deputy political editor for Breitbart News, that the strong economy puts Republicans “in a great position in the midterms.” Many Democrats and members of the media are predicting a
0 Comments
A record number of small business owners have raised wages for their American workers as President Trump’s administration has ushered in a new era of a tighter labor market with strict immigration enforcement. The National Federation of Independent Business (NFIB) monthly jobs report found that a record number of small businesses say they have increased the
0 Comments