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Strong jobs report, port strike deal bolster Harris

Much better-than-expected jobs numbers, released just hours after the longshore workers' strike was abruptly called off, are providing momentum and relief to Vice President Harris' campaign. The port strike threatens to cripple the economy and is the most politically threatening of the three recent challenges facing Harris and the White House. The White House has […]

Biden’s $2 trillion deficit proves the ‘strong economy’ is a lie

Agenda-focused economists and Democratic Party spokespeople keep repeating the claim that the economy is strong. But economic power can often be a deception. We've all seen families with big, beautiful homes, luxury cars, designer clothes, and country club memberships. At first glance, things seem to be going well, right? But if you borrow a lot […]

Powell Touts Strong Economy Even While Indicating More Rate Cuts Ahead

Federal Reserve Chairman Jerome Powell on Monday reaffirmed his view that the U.S. economy is fundamentally strong, despite the central bank's surprise move to cut interest rates earlier this month. Speaking at the National Association for Business Economics' annual meeting in Nashville, Powell sought to explain the Fed's decision to cut interest rates while expressing […]

Biden-Harris Have Been Strong on ‘Keeping’ Tariffs, Trump’s Would Be a Tax

On Monday's broadcast of MSNBC's “Read Out,” Sen. Amy Klobuchar (D-Minn.) said the Biden-Harris administration is “very strong on 'China steel dumping' and maintaining those tariffs.” But 2024 Republican presidential candidate former President Donald Trump's proposed tariffs “represent this tax, rather than applying it to specific industries or specific countries on an as-needed basis.” Klobuchar […]

Bank of America sees strong jobs report Friday reigniting stock rally – CNBC

Another important U.S. jobs report this week will set the tone for the market, and Bank of America strategists say it's likely to push stocks further to record highs. “Risks are up, absent [a] “It was a huge failure,” the Wall Street firm said in a note to clients on Sunday. “We believe the data […]