5 questions Trump must answer following poor jobs report and BLS commissioner dismissal
President Trump’s economic strategy took a significant blow on Friday when the latest federal employment report revealed unexpected weakness in the labor market. In response, he dismissed a Commissioner from the Bureau of Labor Statistics (BLS), citing a politically motivated revision that had previously removed hundreds of thousands of jobs from estimates earlier this summer. […]
Australian Dollar weakens after poor PMI data from China.
The Australian dollar remains stable, maintaining a 10% baseline tariff on Australian goods. China’s Caixin Manufacturing PMI dropped to 49.5 in July from 50.4 in June, falling short of the anticipated 50.3. Non-farm salaries in the US are expected to remain in a positive range. On Friday, the Australian Dollar (AUD) hit a notable point, […]
Biden’s aide Mike Donilon claims Democrats reacted too strongly to the poor debate.
Mike Donilon Defends Biden Amid Congressional Scrutiny WASHINGTON – Mike Donilon, a longstanding confidant of President Biden, criticized Congressional Democrats for what he views as an overreaction to Biden’s debate performance. This came during a six-hour closed-door session with the House Oversight Committee. At 66, Donilon has been a senior adviser to Biden since the […]
Harrison Ford reflects on Trump’s presidency, noting that the wealthy are becoming wealthier while the poor are becoming poorer.
Harrison Ford Discusses Politics and Kamala Harris In a recent interview released on Wednesday, actor Harrison Ford shared his thoughts on President Donald Trump’s potential second term. He reflected on the realities of politics, stating, “In politics and life, you’re not always getting what you want, but you get what you get and you’re not […]
Terribly Poor: Even CNN’s Ex-Employees Are Criticizing the Network’s Low Ratings
Former CNN employees Chris Cillizza and Oliver Darcy have weighed in on the network’s current ratings, noting a rather bleak situation. In July, CNN managed to pull in an average of 498,000 viewers during prime time, with total daily viewership sitting at 361,000, according to AdWeek. Cillizza and Darcy both expressed concern, describing the ratings […]
Trump might not attend the G20 summit in South Africa due to its poor policies.
Trump Critiques South Africa’s Policies, Skipping G20 Summit On Tuesday, Donald Trump announced that he would not attend the G20 summit in South Africa this November due to what he described as “very bad policies” in the country. He hinted that another representative might attend on behalf of the U.S. While speaking to reporters aboard […]
EUR/USD declines to 1.1550 as the Dollar gains strength despite poor US data
EUR/USD has dipped 0.33%, marking its biggest daily decline since December 2024 on Monday. US job openings fell short of expectations at 200k, and while consumer confidence has improved, concerns about the job market linger. Traders are on edge, awaiting insights from the Fed, EU inflation, as well as employment and growth data to inform […]
Vance’s half-brother attributes the Cincinnati brawl to poor handling.
The Vice President’s half-brother has criticized local leaders in Cincinnati for their handling of a brawl that occurred over the weekend. “We need to examine the core issue here. It’s mismanagement, plain and simple. This reflects a broader incompetence that trickles down from the top,” stated Corey Bowman, who is campaigning for mayor, in a […]
Author of Rich Dad Poor Dad Gives Caution on ‘Paper Bitcoin’ as BTC ETFs Surpass $152 Billion
Robert Kiyosaki Discusses Bitcoin ETFs Personal finance author Robert Kiyosaki mentions that he prefers to gain Bitcoin (BTC) exposure through exchange-traded funds (ETFs) instead of holding physical coins. In a recent post on social media platform X, known for his book “Rich Dad’s Poor Dad,” he referred to Bitcoin ETFs as merely “paper,” suggesting that […]
Regions Losing Residents to Low-Tax States with Poor Policies Need SALT to Retain People
Rep. Suozzi Discusses Population Loss and High Taxes During a recent appearance on CNBC’s “Squawk Box,” Representative Tom Suozzi (D-NY) shared his concerns about raising taxes, citing the loss of population in blue states. He pointed out that as taxes climb, residents are moving to lower-tax states like Florida, Texas, and Tennessee. Suozzi added, “The […]