U.S. Trade Deficit Narrows Sharply in October, Exceeding Expectations
The U.S. trade deficit narrowed significantly in October, falling 11.9% to $73.8 billion, according to data released Thursday by the Commerce Department. This was a much smaller deficit than expected, as economists had expected a deficit of $75.4 billion. The trade gap for September has been revised downward to $83.7 billion from the original estimate […]
Job openings bounced in October on need for IT workers
The number of job openings and job separations trended upward in October, while layoffs gradually declined, indicating a slight improvement in employment conditions as the labor market tightens broadly. The number of job openings rose to 7.7 million from 7.3 million in September, while job openings in the technology and information sector surged to 208,000, […]
Job Openings Rise in October, Casting Wisdom of Fed Cuts Into Doubt
The U.S. labor market showed signs of stabilizing in October, with job openings rising and voluntary resignations reaching a five-month high, according to data released Tuesday by the Labor Department. According to the monthly Job Openings and Labor Turnover Survey (JOLTS), the number of job openings rose to 7.74 million from 7.37 million in September. […]
American Hostage Omer Neutra Confirmed Dead; Murdered October 7, Body in Gaza
The Israel Defense Forces (IDF) announced on Monday that Omer Neutra, an American-Israeli hostage thought to have been kept alive in Gaza, was actually killed in a terrorist attack on October 7, and his body was abducted by Hamas. . Omer, who was 21 years old at the time of his murder, immigrated to Israel […]
Fed’s favored inflation gauge showed price growth picked up in October
Chicago Fed President Austan Goolsby spoke candidly about the impact of the Federal Reserve's actions on the “Craman Countdown.'' Inflation measures closely monitored by Fed policymakers rose in October but remain close to the Fed's inflation target. The Commerce Department said Wednesday that the personal consumption expenditure (PCE) index rose 0.2% in October, up 2.3% […]
Mortgage rates after home sales jumped in October
David Bahnsen, Managing Partner of Bahnsen Group, discusses market volatility and analyzes the real estate market on The Big Money Show. Mortgage rates rose nearly 7% this week, and existing home sales rebounded from falling interest rates two months ago. Freddie Mac's latest Primary Mortgage Market Study, released Thursday, found that the average benchmark interest […]
UK government borrowing in October tops forecasts at £17.4bn | Government borrowing
The British government borrowed more than expected in October as debt interest payments pushed the budget deeper into deficit and increased pressure on Rachel Reeves to boost economic growth. Borrowings rose to £17.4bn last month, the second highest October figure since monthly recording began in 1993. City economists had expected October's figure to be lower […]
Family of pregnant Indiana mother of four who vanished in October beg for help searching for her
Desperate family and friends of a pregnant mother of four who went missing in Indiana last month are hoping to rally support to bring her and possibly her newborn child home. . Emma Bohm, 25, was last seen at her boyfriend's home in Gary, Indiana, on October 10, according to her family. She was pregnant […]
Harris’ campaign spent $2.6 on private jet travel in October: report
Vice President Harris' debt-ridden presidential campaign spent $2.6 million on commercial flights in the final weeks of the election season, documents show. The release of the findings comes as the debt-laden campaign, which spent $1 billion on its campaign, is under scrutiny for financial decisions it made before losing the Nov. 5 election to President-elect […]
Israel Hit Iran’s Nuclear Program in October: Axios Confirms Earlier Report
Axios reported Friday that Israel did indeed attack Iranian nuclear facilities in response to Iran's ballistic missile attack last month, a Breitbart News report based on a theory first advanced by Israeli columnist Caroline Glick. confirmed. As Breitbart News reported in October: [Glick] Israel pointed to the attack on Iran's secret military base Parchin, which […]