Sen. Mark Warner rallying fellow Dems to urge Biden to drop out: report
Sen. Mark Warner (D-VA) is reportedly trying to organize a delegation of Democratic senators to urge President Biden to withdraw from the 2024 presidential race. Warner, chairman of the Senate Intelligence Committee, has reportedly told colleagues he fears the 81-year-old Trump will lose to former President Donald Trump, 78, in a November debate following his […]
Evening Report — Wounded Biden enters vital stretch
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Dow Jones Today: Big Tech Boosts Nasdaq to Record; Yields Slip After Jobs Report – Investopedia
Retail investors hold back on purchases ahead of earnings season 1 hour 4 minutes ago Individual investors are not increasing their investments ahead of the upcoming earnings season as they have in past quarters. “While investors typically become active ahead of earnings releases to try their luck with their favorite stocks, there are no signs […]
Power Boat Crashes Into Jetty And Kills One, Hospitalizes 10: REPORT
Authorities said one person was killed and 10 others were taken to hospital after a motorboat crashed into a pier in Southern California’s Alamitos Bay on Wednesday night, the Associated Press reported. Captain Jack Crabtree of the Long Beach Fire Department Said The 48-foot boat was likely speeding at the time of the crash, according […]
June jobs report adds to signs that economy may be cooling
The rise in the unemployment rate in June and a sharp downward revision to job gains for April and May are the latest signs that the economy may be slowing under the Federal Reserve’s high interest rates. Figures released Friday by the Labor Department showed the unemployment rate rose to 4.1% in June from 4% […]
Netflix, Disney ask Canada court to stop proposed tax on streaming revenue: report
Major U.S. video streaming services including Netflix and Disney have asked a Canadian court to block a plan to force authorities to use 5% of their domestic sales to fund local news broadcasts and other domestic content. The Motion Picture Association of Canada, which represents streaming distributors, said last month’s order by the Canadian Broadcasting […]
Report: U.S. Job Market Weakens In June
(Photo by Justin Sullivan/Getty Images) James Myers of OANFriday, July 5, 2024 8:08 AM advertisement The Labor Department said on Friday that payrolls increased by 206,000 in June, but the unemployment rate remained above 4% for the same month. The federal government also revised down its May payroll numbers to 218,000 from an earlier estimate […]
White House staff are ‘miserable’ as pressure on Biden grows: report
White House aides and Biden campaign staff are reportedly in a “dire situation” amid growing concerns that President Biden may not be able to continue his reelection campaign and serve a second term. The latest reports of worsening tensions within the White House Axiosreported Friday that staff morale is declining due to poor communication with […]
June jobs report, Federal Reserve
John Lynch, CIO of Comerica Wealth Management, explains why he encourages investors “not to get out yet” of the market rally. U.S. employers added 206,000 jobs in June, beating expectations and slightly below the revised 218,000 gain in May, signaling continued strength in the labor market. The unemployment rate rose slightly to 4.1% from 4%. […]
Longtime Biden friends say president didn’t remember their names in social settings: Report
Biden holds “crisis meeting” with Democratic governors Fox News Senior White House Correspondent Jackie Heinrich will report on “Special Report” about President Biden’s meeting with Democratic governors and a leaked video of former President Trump criticizing Vice President Kamala Harris. A New York Magazine article published Thursday cited multiple examples showing how President Biden’s declining […]