Beware the Ides of July: Trump assassination attempt, Biden ends reelection bid
It is my custom this month to write a post entitled “Beware the 15th of August.” It is an interpretation of Shakespeare where Julius Caesar is warned to “Beware the 15th of March.” Mid-March meant disaster for Caesar. And over the years, I have found that August (often the midpoint) is one of the most […]
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57,000 illegal border crossers arrested in July, lowest in Biden’s presidency
Apprehension rates at the U.S. southern border have fallen to their lowest since President Biden took office. Three sources familiar with the situation reportedly told The New York Times that the number of arrests in July was below 60,000. A source familiar with Homeland Security border data told Fox News Digital that the number of […]
July Jobs Report ‘Generally’ ‘An Indicator of Continued Strength’
In an interview with Bloomberg on Friday, Acting Labor Secretary Julie Su responded to the July jobs report by saying that the number of jobs in July was “still above 100,000. It’s still broad-based,” adding, “Generally, this is an indicator that the economy remains strong.” Host Katie Greifeld asked, “You actually spoke to us back […]
July Jobs Report ‘Part of’ Transition to ‘Steadier’ Growth, We Don’t Look at Just One Month
On Friday’s “CNN News Central” broadcast, Acting Labor Secretary Julie Su responded to the July jobs report, saying “we’re looking at trends, not just one month of data,” and that while the July number is “lower than expected, it’s part of a transition to continued job growth, growth at a steadier, more sustainable pace.” Su […]
July 13 Butler Rally First Time Secret Service Sent Counter-Sniper
The assassination attempt at former President Donald Trump’s rally in Butler, Pennsylvania on July 13 marked the first time the Secret Service had deployed snipers to a Trump event to protect the 45th president, the service confirmed. “This is the first time that Secret Service counter-sniper personnel have been deployed to assist a former president’s […]
Harris Campaign Hauls In $310 Million For July
Vice President Kamala Harris’ campaign announced Friday that her campaign had raised $310 million in July, according to multiple reports. The vice president’s new figures came after President Joe Biden wrapped up his reelection effort and endorsed Harris as the party’s new presumptive nominee. In addition to the more than $300 million this month, her […]
July jobs report breakdown: Which industries hired the most workers?
Olu Omodunbi, chief economist at Huntington Private Bank, said on “The Craman Countdown” that the jobs report points to a slowdown in the labor market. Job growth slowed in July as many industries, including manufacturing, retail and trade, cut jobs. Employer Added 114,000 jobs added in JulyThe Labor Department said in its monthly payroll report […]
July Jump in Unemployment Triggers Key Recession Indicator
The economy may already be in recession. The sudden and unexpected rise in the unemployment rate in July meant that the U.S. jobless rate crossed a key threshold that usually means the economy is in recession. The U.S. Labor Department said Friday that the unemployment rate rose to 4.3% in July, bringing the three-month moving […]
A closely tracked recession signal just got triggered by the July jobs report
Economist Peter Morici criticized the Biden administration’s economic policies, discussing tax cuts on Social Security benefits that former President Trump promoted during his election campaign. Weaker than expected July employment report A reliable recession indicator The policy, closely watched by Wall Street, has rekindled concerns about the health of the U.S. economy and triggered a […]