Most of Biden-Harris Economy Job Growth Going to Foreign Workers, Including Illegal Aliens
“The economy is changing, and the economy is changing,” said EJ Antoni, an economist at the Heritage Foundation. Breitbart News Saturday Most of the job growth under the Biden-Harris administration was due to “foreign-born workers.” Anthony said: Breitbart News Saturday The unemployment rate jumped to 4.3% in July, with employers adding 114,000 workers, well below […]
US job growth slows to 114K in July while unemployment unexpectedly jumps
Construction is booming in states such as Arizona, California, Florida and Texas. U.S. job growth slowed sharply in July and the unemployment rate unexpectedly rose to its highest level in nearly three years. The Labor Department said on Friday that employers 114,000 jobs The number of people employed in July rose by 15,000 year-on-year, short […]
‘Runway Must Be Running Out’: Massive Government Spending Propping Up Economic Growth, Experts Say
Continued high levels of government spending under the Biden administration have supported U.S. economic growth in the second quarter of 2023, economists told the Daily Caller News Foundation. Real gross domestic product (GDP) grew 2.8% in the second quarter of 2024, well above the 2.1% growth economists had expected. according to According to the Bureau […]
Growth and Inflation Are Too Hot for the Fed to Cut in September
Economic growth exceeds expectations Economic growth accelerated more than expected in the spring, weakening the case for rate cuts and The Federal Reserve is still not doing enough to cool the economy We intend to bring inflation down to our 2% target. The Bureau of Economic Analysis said Thursday that real gross domestic product (GDP) […]
US Economic Growth Beats Expectations In Second Quarter
The US economy grew by 2.8% According to gross domestic product (GDP) statistics released by the Bureau of Economic Analysis (BEA) on Thursday, the global economy is expected to recover in the second quarter of 2024. Growth in the first quarter of 2024 was low, but growth in the second quarter was 1.4% After being […]
Google parent Alphabet posts 29% jump in profit on digital ad growth, AI offerings
Alphabet Inc. on Tuesday reported better-than-expected second-quarter revenue and profit, helped by rising digital advertising sales and solid demand for its cloud-computing services, but warned that capital spending will remain high for the year. Alphabet’s results highlighted strong demand for digital advertising, driven by events such as the Paris Olympics and elections in several countries, […]
30 Million Migrants Taking U.S. Jobs, Far Outpacing Growth of Americans
According to a Pew Research Center study, working- and middle-class Americans are competing for jobs with more than 30 million immigrants, including legal immigrants, visa workers and illegal immigrants. Latest from the Pew Research Center show As of 2022, there are more than 30 million legal and illegal immigrants in the United States working American […]
2 Growth Stocks That Could Skyrocket in the Back Half of 2024 and Beyond – Yahoo Finance
Lululemon Athletica (Nasdaq: LULU) and Celsius Holdings (Nasdaq: CELH) are two consumer brands that have been hugely popular for years. Both stocks have performed well over the past few years but have seen significant sell-offs this year. Let’s take a look at why these stocks were sold off and why they are likely to rebound […]
Regional bank growth is being impeded by higher rates – Yahoo Finance
Along with major banks, regional banks are also announcing their quarterly financial results. The bank has forecast that its net interest income (NII) will decrease. Rising interest rates have stifled lending activity this year, forcing regional banks to focus on retaining customers, pushing up deposit costs as a result. Additionally, Comerica (CMA) is facing an […]
Amex Earnings: Gen Z, Millennials Drive Credit Card Volume Growth – PYMNTS.com
American Express The earnings, released on Friday (July 19), showed that consumers continue to spend money on experiences, especially dining out, driven by younger generations who are using their cards more frequently. Spending by millennial and Gen Z customers increased 13% year over year, according to executives. CFO Christophe Le Caillec Spending growth was seen […]