US dollar’s weakness could drag down price of Bitcoin: report
Economists expect the US Dollar to continue to weaken, potentially dragging Bitcoin down with it, and have warned investors to “prepare for troubled times.” Bitcoin has surged this year, starting the year at $44,187.14 and trading at $59,130.31 on Tuesday, but the cryptocurrency's price began to fall in late August and has continued to fall […]
Dallas Fed highlights warning pointing to ‘economic weakness’
Gerald Storch, CEO of Storch Advisors, responded to Target's decision to cut prices on 5,000 common products during an appearance on “Varney & Co.” The Federal Reserve Bank of Dallas released its monthly Texas manufacturing outlook this week, which assesses the sector based on a survey of manufacturers, with many of them sounding warnings in […]
Dave McCormick Ad Hits Bob Casey for Weakness on China
According to a source familiar with the matter, the ad will accuse Sen. Bob Casey, D-Pennsylvania, of being weak on China when it comes to protecting American manufacturing jobs. “On the campaign trail, Bob Casey talks tough stuff. But in Washington it’s a different story,” the ad begins. The ad accuses Casey of receiving “thousands […]
Republicans can’t ignore Kamala Harris’ biggest weakness
The 2024 presidential race was upended last week when Joe Biden dropped out of the race and Kamala Harris was selected as his de facto successor. With just weeks to go until polls open, the sprint is on to cement the presumptive Democratic nominee in voters’ minds. Fortunately for Republicans, Harris has plenty of weaknesses […]
House Republicans prepare to hit Harris over border ‘weakness’ with her at top of ticket
House GOP lawmakers plan to amp up the criticism of Democrats’ handling of the border crisis if Vice President Kamala Harris is the nominee, arguing that it is her “Achilles’ heel” in the 2024 election. With immigration as a top concern among voters, Republicans have spent the majority of President Joe Biden‘s administration attacking him […]
ROOKE: Biden’s Camp Thinks They Know Vance’s Biggest Weakness, But Trump Is One Step Ahead
The Biden campaign posted old quotes from vice presidential candidate J.D. Vance in hopes that it would make him look disloyal to former President Trump, but it’s having the opposite effect. Shortly after Trump announced via Truth Social that Vance would be his vice president, a Biden campaign account on X posted a screenshot of […]
Van Jones highlights ‘strength vs. weakness’ after Trump survives assassination attempt and Biden gets COVID
CNN political commentator Van Jones described the stark contrast between “strength and weakness” between President Donald Trump surviving an assassination attempt and President Biden’s contracting COVID-19 on Wednesday. In a heartbreaking assessment for Democrats, the former Obama adviser said Trump’s quick recovery from being grazed by a bullet in Saturday’s assassination attempt showed toughness, but […]
Levi’s shares drop 15% amid weakness in wholesale business
Shares of denim maker Levi Strauss & Co. fell more than 15% on Thursday after the company reported weak second-quarter earnings due to a slump in its wholesale business. Despite denim dominating the latest fashion trends, including a resurgence of the short shorts of the early 2000s, the San Francisco-based company reported that its wholesale […]
Slowed job growth shows weakness of Bidenomics
Two pieces of labor market data released midweek depict a bleaker picture of the economy than the one commonly touted by President Joe Biden. A Bureau of Labor Statistics report from Tuesday shows that job openings fell to the lowest level in April since February 2021. The 8.06 million jobs available, down 300,000 from March, […]
Fed Hasn’t Seen Enough Weakness to Cut Rates
John Carney, economics editor at Breitbart News, said on Fox Business Network’s “Kudlow” show on Tuesday that a few months of economic weakness won’t be enough for the Federal Reserve to cut interest rates. “John Carney, it looks like we’re starting to see an economic downturn. What are your thoughts on that?” host Larry Kudlow […]