Border Patrol chief: Surge of dangerous migrants are entering the US
‘VERY SERIOUS THREAT’: Border Patrol Chief Jason Owens details the rising number of dangerous illegal immigrants … source
Wholesale inflation comes in hotter than expected as food prices surge
U.S. wholesale costs rose sharply last month, showing that price pressures remain significant in the economy even as inflation has fallen from its peak level more than two years ago. The Labor Department said Thursday that the producer price index, which tracks inflation before it reaches consumers, rose 0.4% last month from October, up from […]
Immigration surge under Biden is largest in US history: NYT
The immigration surge under President Biden is the largest in U.S. history, The New York Times reported Wednesday. America's net annual migrationAccording to the Times, the Congressional Budget Office announced that admissions minus departures averaged 2.4 million people from 2021 to 2023. Overall, net immigration is likely to exceed 8 million people under the Biden […]
Alphabet shares surge on quantum computing breakthrough ‘Willow’
Shares in Google's parent company Alphabet soared as much as 6% on Tuesday after the company hinted at major advances with its new quantum computing chip, Willow. Google CEO Sundar Pichai said the Willow chip would take about 10 billion years, or “far beyond the age of the universe,” for current “state-of-the-art supercomputers” to solve […]
'All the pieces are in place for this bull market to end': A technical strategist who called the S&P 500's surge to 6,000 warns that stocks are a negative catalyst away from a 20% drop – Business Insider
Tyler Ritchie said the S&P 500 index rose to 6,000 in February. Now, the co-editors of the Sevens Report are warning of a possible market pullback. However, fundamentals remain generally strong and could continue to push the stock higher. Back in February, Tyler Ritchie explained why: S&P500 It could go up to 6,000. Investor sentiment […]
US Consumer Borrowing Jumps on Surge in Credit-Card Balances – Yahoo Finance
(Bloomberg) – U.S. consumer borrowing rose more than expected in October, reflecting the largest increase in credit card balances since mid-2022. Most Read Articles on Bloomberg Total credit outstanding rose $19.2 billion after a $3.2 billion increase in September, according to data released Friday by the Federal Reserve. The median forecast in a Bloomberg survey […]
GameStop shares surge after cryptic post from ‘Roaring Kitty’
GameStop stock soared Thursday following a cryptic post from meme stock influencer Keith Gill. Mr. Gill shot to fame with his online persona and bullish bets on video game retailers that sparked a trading frenzy among mother-and-son investors. Gil Posted A photo and computer screen resembling a 2006 Time magazine cover was posted on social […]
Path to 270: Early voting surge looking ‘scary’ for Democrats
‘America’s Newsroom’ co-anchor Bill Hemmer breaks down the early voting data and the latest polling ahead of Election Day. source
US sees surge in Indian immigrants at border with Canada
The U.S.-Canada border has seen a sharp increase in attempts by illegal Indian immigrants to cross the border in recent years. According to the latest figures from the U.S. Customs and Border Protection data portal, nearly 44,000 Indians attempted to cross the U.S.-Canada border illegally in fiscal year 2024, compared to about 30,000 in fiscal […]
Online sales surge to record-setting $10.8B on Black Friday as stores see thin crowds
Americans shopped freely on Black Friday as online spending soared to a record $10.8 billion. According to data provided by Adobe Analytics, that sales figure includes a breathtaking $11.3 million spent every minute between 10 a.m. and 2 p.m. the day after Thanksgiving, when most purchases were made. Customers were reportedly using their mobile phones […]