Trump’s favorability soars since election as Biden’s slumps #shorts
‘Fox & Friends First’ host Todd Piro questions why the mainstream media is still shocked over Trump’s approval rating. Subscribe … source
Pound Sterling slumps as UK unemployment rate jumps to 4.3% – FXStreet
The pound sterling fell to nearly 1.2800 against the US dollar following the release of weak UK employment data. Britain's unemployment rate jumped to 4.3% and average incomes rose faster than expected in the three months to September. Investors are waiting for US inflation data to guide new interest rates. The pound fell against its […]
Oil Tumbles, ‘Singles Day’ Shopping Slumps After China’s Disappointing Stimulus Plan
Global oil prices fell about 2% on Monday after falling similarly on Friday due to investors' disappointment with the Chinese government's weak economic stimulus package. In another bad sign for China's economy, the Singles' Day online shopping holiday was disappointing, posting the lowest sales since the event began in 2009. Phil Flynn, Senior Analyst, Price […]
Harvard fundraising slumps after antisemitism controversy
New York Post political reporter John Levine reacts to anti-Semitic stickers posted around Harvard's campus while appearing on “Bernie & Co.” Harvard University and its endowment have fallen by more than $150 million in the Ivy League's fiscal year 2024 following backlash against the administration. Responding to anti-Semitism On campus. Total donations in FY2024 decreased […]
Dollar slumps 1% versus yen as US election debate gives Harris momentum – Yahoo Finance
Kevin Backlund TOKYO (Reuters) – The dollar fell more than 1 percent against the yen on Wednesday to its lowest this year after Senator Kamala Harris put rival Donald Trump on the defensive in the only scheduled debate of the U.S. presidential election. The yen was forced to rise further after Bank of Japan board […]
EUR/USD slumps as Fed seems to cut interest rates gradually – FXStreet
EUR/USD fell below 1.1050 as the US Dollar strengthened on expectations that the Federal Reserve will opt for a small interest rate cut this month. Investors are awaiting the US Consumer Price Index (CPI) on Wednesday for new guidance on interest rates. The ECB is expected to cut interest rates this week. EUR/USD is trading […]
Stocks drop as manufacturing activity slumps
Manufacturing investment and activity are slowing ahead of a turn in the business cycle as the Federal Reserve considers cutting interest rates later this month. The S&P Global Purchasing Managers' Index (PMI) fell to 47.9 in August from 49.6 in July, the lowest level in eight months. S&P reported its first production cuts since January. […]
New-home construction slumps for 5th straight month
U.S. single-family home construction fell to its lowest level in a year and a half in July, partly due to the disruption to housing activity caused by Hurricane Beryl, but an increase in new home supply may limit any recovery. Home construction numbers released by the Commerce Department on Friday fell for the fifth straight […]
Construction Spending Sinks Again in June as Homebuilding Slumps and Manufacturing Surge Fades
The construction industry’s boom years may be over as one of its key strengths, the labor market, has weakened over the past year. Construction spending fell 0.3% in June to an annualized rate of $2.5 trillion, Commerce Department data showed. Economists had expected a 0.2% increase. None of those surveyed by Econoday expected a decline. […]
Biden campaign launches black voter outreach effort as minority support slumps
President Joe Biden and Vice President Kamala Harris are making a concerted effort to reach out to black voters by launching “Black Voters for Biden-Harris,” a national organizing program. The campaign within a campaign comes as Biden and Harris struggle to generate enthusiasm among a voter demographic that has supported them, and Democrats more broadly, […]