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U.S. employers add 199,000 jobs in November, hinting U.S. economy headed for soft-landing

The latest report showed that employment rose further in November and the unemployment rate fell. (iStock) Latest figures show employment rose by 199,000 in November Overview of employment situation The U.S. Bureau of Labor Statistics (BLS) said the increase was slightly higher than economists expected, but lower than the average monthly increase of 240,000 over […]

Pending Home Sales Unexpectedly Rose in September, Hinting at a Housing Market Rebound

Home sales may rebound despite the highest mortgage rates in decades. The National Association of Realtors announced Thursday that pending home sales, a key barometer for the real estate sector, increased in September. The NAR index rose 1.1% month-on-month, contrary to expectations for a 1% decline. NAR’s Home Sales Pending Index tracks existing home sales […]

Chinese balloons hinting to an attack

A Chinese airspace violation certainly looks like a harbinger of an attack. The Chinese balloon that we shot down on February 4 hovered over Malmstrom Air Force Base, where about one-third of America’s intercontinental ballistic missiles are located. The balloon then flew near both FE Warren and Minot Air Force Bases. This base houses the […]

Hinting at 2024 re-election, Biden tells Democrats ‘we’re just getting started’

PHILADELPHIA – President Biden was repeatedly serenaded with “four more years” chants as he addressed a partisan audience of Democratic officials and activists assembled at a major party meeting on Friday night. And the president further hinted that a 2024 re-election announcement is likely in the near future. “We’re just getting started,” Biden said, addressing […]