U.S. created only 73,000 jobs in July, with earlier figures adjusted downward.
US Job Growth Slows in July Amid Rising Unemployment The pace of non-farm job growth in the US fell below expectations in July, with unemployment rates increasing and indications of potential challenges in the labor market. Employment added only 73,000 jobs for the month, which is an improvement over the 14,000 jobs added in June, […]
Australian Dollar remains steady after Retail Sales and China’s PMI figures are released.
The Australian dollar holds steady as retail sales experienced a rise of 1.2% month-over-month in June, significantly surpassing the anticipated 0.4% increase. The NBS Manufacturing Purchase Managers Index in China dropped to 49.3, while the non-manufacturing PMI eased to 50.1 in July. The Federal Reserve maintained benchmark interest rates in the range of 4.25%-4.5% during […]
Two Journalists Collaborate to Criticize Conservative Women for Their Slim Figures
The constant attempts by the left to label conservatives often result in some amusing self-inflicted wounds. Recently, an article titled “Thin, White, Correct: The Ideal Christian Woman” came out from the New York Times. It’s certainly a bold take, and while I find it intriguing, others might not be so convinced. The piece features opinion […]
Rick Santelli Praises ‘Better Than Expected’ GDP Figures During Trump’s Presidency
Economic Insights from CNBC Editor On Wednesday, CNBC editor Rick Santelli shared observations regarding the recent GDP figures and the implications of President Donald Trump’s announced tariffs. He mentioned that, despite worries about what he called “liberation date” tariffs, the gross domestic product (GDP) showed an increase of about 3%, according to the Bureau of […]
Pelosi believes Democrats will regain control of the House, stating Trump’s figures are ‘awful’
Former House Speaker Nancy Pelosi (D-Calif) expressed a strong sense of optimism while speaking to Z-activists at the Voters of Tomorrow summit in 2026, asserting that the House would indeed be regained. “We’ll win the election with the House of Representatives,” she declared, receiving enthusiastic cheers from the crowd. “No doubt,” she added, reinforcing her […]
GBP/USD pulls back from 1.3600 due to robust US employment figures
Jobless claims decrease to 217k, surprising some; however, PMI data is encouraging. UK Flash PMI points to rising layoffs, bolstering expectations for a BOE rate cut in August. Interest rate disparity supports the dollar as the BOE considers cuts while the Fed stays put. The GBP/USD rally has hit a snag, with the dollar recovering […]
Biden publishes memoir for modest $10 million, falling short of Obama and Bill Clinton’s figures.
Biden’s Memoir Deal at $10 Million Former President Biden has secured a $10 million advance for his memoir, which is notably less than the deals made by both the Obamas and Bill Clinton. Biden, aged 82, signed this agreement with Hachette Book Group. While the publication date remains undisclosed, he confirmed the deal to the […]
Forex Today: ECB policy decisions and PMI figures to increase market volatility
Market Update for July 24th Here’s a quick look at today’s developments in the financial markets. On Thursday, July 24th, the focus has shifted from trade headlines to the European Central Bank’s upcoming monetary policy announcement. The Economic Calendar will also reveal July’s manufacturing and service purchasing manager index (PMI) data from Germany, the Eurozone, […]
EUR/USD falls under 1.1600 as the US Dollar gains strength from strong Retail Sales figures.
The strength of the US dollar is causing the EUR/USD to dip below 1.1600. US retail sales exceeded expectations for June, rising by 0.6% month-on-month. Inflation in the Eurozone remained stable in June, with a headline CPI of 2.0% and core CPI at 2.3%, matching forecasts. The Euro (EUR) continued its downward trend against the […]
Treasury reveals sanctions against Tren de Aragua leaders and other major gang figures
Treasury Sanctions Leaders of Venezuelan Gang On Thursday, the Treasury sanctioned Hector Lucenford Guerrero Flores, known as “Ne Guerrero,” along with five other prominent members of the dangerous Venezuelan gang, Tren de Aragua. The Office of Foreign Assets Control has stated that all assets and profits belonging to Guerrero Flores, as well as those of […]