Jobless claims drop after weak jobs report triggered concerns

Initial claims for jobless benefits fell by 17,000 last week, a small but positive sign for overall employment levels amid resurfacing fears of a U.S. economic recession. The Labor Department said Thursday that jobless claims for the week ending Aug. 3 fell to 233,000 from 250,000 the previous week. The four-week moving average increased by […]
Mortgage rates hit lowest level in over a year: report

New data showed mortgage rates hit their lowest since April 2023 as recession fears spread to the housing market. The real estate company Redfin report The company said Thursday that mortgage rates hit a daily average of 6.34% earlier this week, citing recent weak employment data and resulting “recession fears” as the main driver for […]
Cook Political Report shifts Arizona, Georgia, Nevada toward Harris

The Cook Political Report, an election forecasting organization, has tilted Arizona, Georgia and Nevada in favor of VP Harris as she continues to close the gap in approval ratings with former President Trump. In early July, all three of these states were considered “Republican” states, but President Biden was still in the race and had […]
‘Unacceptable’: Bombshell report on terrorists crossing border prompts outcry from top House committees

The chairmen of two key House committees are slamming the FBI and the Department of Homeland Security (DHS) for failing to respond following the release of a warning report about potential terrorism threats at the border. House Intelligence Committee Chairman Mike Turner (R-Ohio) and House Homeland Security Committee Chairman Mark Green (R-Tenn.) responded to the […]
Biden could drop out as soon as this weekend: Report

‘Outnumbered’ panelists discuss the Democratic leaders’ ‘coordinated’ effort to push President Biden to suspend his campaign … source
Portland mayoral candidate spent $6,400 of taxpayer dollars to spruce up his Wikipedia page: report

Portland City Commissioner and mayoral candidate Rene Gonzalez recently paid more than $6,000 in taxpayer money to make favorable edits to his Wikipedia page, according to a new report. Gonzalez’s office in March hired New York City-based White Hat Wiki to oversee the desired changes to Wikipedia profiles. Oregon Live reported“The White Hat Wiki also […]
Trump praised Walz’s handling of 2020 George Floyd protests in governors call: Report

Former President Trump recently criticized Minnesota Governor Tim Walz (D) during his campaign for his handling of the 2020 George Floyd protests, though he praised the governor in a phone call at the time. In a previously obtained call, PBS News Hour Reported on Wednesday ABC NewsPresident Trump cited the protests in Minneapolis in May […]
12:30 Report — Tim’s Walz into the spotlight

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FACT CHECK: Did Fox News Report That Simone Biles Announced That She Is Pregnant And Retiring?

post Share on Facebook Olympic gymnast Simone Biles has announced she is retiring due to her pregnancy, Fox News reported. Verdict: False This claim is inaccurate: A Fox News spokesperson confirmed to Check Your Fact that the media outlet had not reported the story. Fact check: Biles and her teammates bowed to Brazilian gymnast Rebeca […]
JPMorgan, big banks facing probe over Zelle scams: report

The Consumer Financial Protection Bureau is investigating major U.S. banks for how they handled customer funds on the Zelle network of peer-to-peer payments platform. The Wall Street Journal reported. Wednesday. The investigation is reportedly focusing on major banks including JPMorgan, Bank of America and Wells Fargo. The investigation is reportedly focusing on major banks including […]