U.S. Stocks Plunge as Recession Fear Takes Hold
Major stock indexes fell sharply on Monday morning as concerns grew that the U.S. economy was heading for a severe economic downturn. The drop underscores the extent of investor concern after economic data released last week showed a sharper-than-expected rise in unemployment and slower job growth. Surveys of manufacturing also showed a sharp decline in […]
Woke U.S. Olympian Sha’Carri Richardson Loses Shot at Gold After Bad Start
Highly motivated U.S. Olympic sprinter Sha’Carey Richardson failed to win the gold medal Saturday despite being the favorite to win the race. Richardson was expected to win gold in the 100m final, but a slow start meant he had to settle for silver. New York PostRichardson is last She was the quickest on the pace […]
U.S. Government Sends Billions in Taxpayer Dollars to Architects of Online Censorship
The Freedom Online Foundation reports that members of the Global Alliance for Responsible Media (GARM), which has been accused of censoring online speech and trying to silence media outlets, including Breitbart News, have received billions of dollars in contracts from the federal government. The federal government is sending billions of dollars of U.S. taxpayer money […]
U.S. Automakers in China Suffer Dire Situation with ‘Tumbling’ Sales
American automakers, as well as those based in other parts of Europe and Asia, are seeing their sales in China plummet and are being forced to withdraw from the market. General Motors (GM) and Ford Motor Company Fighting Auto expert Michael Dunn has described sales in China as “plunging.” Other automakers, including Germany’s Volkswagen and […]
U.S. military expands presence in Middle East, repositions forces around Iran
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U.S. Recognizes Opposition Head as President-Elect of Venezuela
US Secretary of State Anthony Blinken said on Thursday that the United States will recognize Edmundo Gonzalez as the winner of Venezuela’s presidential election, which socialist dictator Nicolas Maduro and his regime-controlled election authorities have claimed was won by Maduro. “Based on the overwhelming evidence, it is clear to the United States and, above all, […]
U.S. And Allies Believe Venezuela’s Election Results Are ‘Illegitimate’
CARACAS, VENEZUELA – JULY 29: Demonstrators run waving Venezuelan flags as they protest the official results of the presidential elections (National Electoral Commission) (Photo by Jesús Vargas/Getty Images) By Blake Wolf, OAN StaffFriday, August 2, 2024, 11:15 a.m. Venezuela’s recent presidential election, sparked by claims of an unfair victory by current Socialist President Nicolas Maduro, […]
Report: U.S. Economy Added 114K Jobs In July, Unemployment Increases To 4.3%
(Photo: Olivier Dourilley/AFP via Getty Images) By James Myers, OAN StaffFriday, August 2, 2024 7:56 AM U.S. job growth slowed more than expected in July and the unemployment rate rose to 4.3%, raising concerns that the labor market is stagnating and the economy could tip into recession. advertisement The Labor Department’s Bureau of Labor Statistics […]
U.S. Economy Added Just 114,000 Jobs in July, Unemployment Surges
The Labor Department said Friday that U.S. employers added 114,000 workers in July, helping push the unemployment rate up to 4.3%. Economists had expected 180,000 jobs and an unemployment rate of 4.1%. Disappointing employment growth and a sharp rise in the unemployment rate suggest the economy may be heading toward a recession. The unemployment rate […]
Bringing Japan and South Korea together as U.S. security partners
The announcement was made jointly by Secretary of Defense Lloyd Austin, Japanese Foreign Minister Harumi Kimura and South Korean Foreign Minister Shin Won-sik earlier this week. A new agreement The rather lengthy title is “Memorandum of Cooperation on the Trilateral Security Cooperation Framework.” The agreement marks another major step toward realizing Washington’s long-held goal of […]