Tesla added to China government’s official car purchase list in boost for Elon Musk
China has added the Tesla Model Y to the list of electric and hybrid vehicle models that local governments can purchase as service cars, reportedly marking a major boost for billionaire CEO Elon Musk as he seeks to increase Tesla’s sales in the country. Chinese state media outlet The Paper reported that this is the […]
US added surprisingly strong 206K jobs last month, unemployment rose to 4.1%
The U.S. labor market added more jobs than expected last month, but the unemployment rate rose more than expected, providing mixed results for investors who were hoping for news that would prompt the Federal Reserve to cut interest rates to tame inflation once and for all. Nonfarm payrolls increased by 206,000 in June, and the […]
Private companies added just150,000 jobs in June, less than expected
Construction is booming in states such as Arizona, California, Florida and Texas. U.S. companies started hiring more slowly than expected in June, according to the ADP national employment report released Wednesday morning, signaling that the labor market continues to cool on the back of rising interest rates. The company will create 150,000 jobs Last month’s […]
Christian Scott joining Mets’ rotation as Jose Butto could be added to bullpen
WASHINGTON — The Mets are set to add a dynamic pitcher to their starting rotation and may soon add to their bullpen. Christian Scott is expected to return to the Mets’ starting rotation after being recalled from Triple-A Syracuse on Wednesday, and team officials are discussing the possibility of adding Jose Bout to their struggling […]
Who added more to the national debt, Biden or Trump?
Former Council of Economic Advisers Chairman Jason Furman and Strategas Securities Chairman and CEO Jason Trennert appeared on “Kudlow” to discuss growing concerns about slowing U.S. economic growth. With great fanfare and a lack of context or anything beyond linear thinking, Hill recently The article was titled “Trump Added Twice as Much to the National […]
Trump added twice as much to the national debt as Biden: Analysis
A new analysis finds that the Trump administration’s fiscal policies pushed the national deficit by twice as much as President Biden’s policies. According to an analysis by the Committee for a Responsible Federal Budget (CRFB), a Washington think tank, the Trump administration borrowed $8.4 trillion during the former president’s term in office, while the Biden […]
Americans Suffered $7B In Tax Penalties Last Year Following Biden Admin’s Additional Funding Of IRS, Thousands Of Added Positions
(Photo by Zach Gibson/Getty Images) OAN’s Brooke MalloryFriday, June 14, 2024 3:11 PM The Internal Revenue Service reportedly assessed $7 billion in additional tax penalties last year, nearly four times the $1.8 billion it assessed in 2022 following the Biden administration’s push to fund the IRS and beef up enforcement. advertisement In 2022, the Biden […]
U.S. Economy Added 272,000 Jobs In May, Shutting Door On Rate Cuts Early This Summer
The Labor Department said Friday that U.S. employers added 272,000 workers in May, all but eliminating the possibility of the Federal Reserve cutting interest rates early this summer. Hiring was very strong in May, with the unemployment rate rising to 4% despite a slight decline in the labor force participation rate. Economists had expected payrolls […]
Josh Gibson dethrones Ty Cobb as baseball’s lifetime batting average champ after Negro League stats added to MLB stats
Baseball legend Ty Cobb’s career batting average of .367 has stood as a major league record for nearly a century, but there is now a new leader in the category: Josh Gibson, with a career batting average of .372. The sudden dethronement was one of several notable changes after the records of more than 2,300 […]
The unemployment rate barely rose, but only 175,000 jobs were added in April
Job additions in April were lackluster at 175,000, many of them in the health care sector. (iStock) The U.S. added 175,000 jobs in April, according to the Bureau of Labor Statistics. employment status report. This is a small increase compared to the average monthly increase of 242,000 over the past 12 months. The unemployment rate […]