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Dow soars over 400 points as Wall Street cheers Fed rate cuts are on the way

Stocks rose on Friday as dovish comments from Federal Reserve Chairman Jerome Powell bolstered expectations that the central bank will cut its key policy interest rate in September. The Dow Jones Industrial Average rose 462.30 points, or 1.1%, to 41,175.08, just 23 points off its all-time high. The S&P 500 rose 1.2%, and the Nasdaq […]

Wall Street analysts blast feds over botched release of jobs revision report

Wall Street analysts slammed the federal government this week for releasing the biggest downward revision to employment numbers in 15 years, botching the release in the process and causing turmoil in the stock and bond markets. The Bureau of Labor Statistics was scheduled Announces annual “Interim Benchmark Revision” Wednesday at 10 a.m. Eastern time. The […]

Thug confesses to brutally beating 74-year-old man who died next day in hospital; attack on Baltimore street caught on video

A man has confessed to brutally beating a 74-year-old man on a Baltimore street on Saturday. WJZ-TV reportedThe victim died at a hospital the following day, according to court documents. Surveillance Video. police said Police arrested 43-year-old Timothy Clinedinst for his involvement in the attack on David Philpott. “Without this person, he wouldn’t have died.” […]

Harmful Credit Legislation Targets Main Street

The following content is Electronic Payments Union. Whenever you stroll down the main street of any beautiful, charming small town, the bustling family-owned storefronts remind you of just how important small businesses are to the U.S. economy. Unfortunately, Senators Dick Durbin (D-IL) and Roger Marshall (R-Kansas) are seriously disrupting the economic future of our small […]

Bipartisan Opposition Grows to Debanking by Wall Street

A bipartisan coalition of unlikely “allies” is emerging to oppose financial blacklisting by Big Tech and Wall Street giants. Independent Journalist Lee Fang Written In a court filing last week, CFPB Director Chopra noted that entire political and religious groups have been “debanked” by major financial institutions and have lost banking services — a practice […]