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Growing Number of Americans Turning to TikTok for News, Research Finds
A growing number of TikTok users now get their news from the video-sharing app, with almost a third of adults between 18 and 29 regularly using the platform for news while consumption of news across other social media sites has declined, according to new research published Nov. 15. According to the survey data by Pew […] Read More.
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Inflation Is Being Driven More by Investment Than Consumption
Commentary The Federal Reserve recently released a confusing signal to the market about their policy stance of being hawkish or dovish. This is expected given their “argument” that the bond market has done the tightening job for them. Unless the Federal Reserve has lost credibility with the market, long-tenor Treasury yield should be a predictor […] Read More.
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Dollar Shakes Off Weakness After Investors Rethink Fed Outlook
LONDON—The dollar edged up on Wednesday after its biggest drop in a year the day before when cooler U.S. inflation data added to investor conviction that the Federal Reserve may not raise rates again, while the pound fell after slower UK inflation figures. Tuesday’s steep drop in the dollar was sparked by data showing U.S. […] Read More.
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Gas Prices Across US Decline Ahead of Thanksgiving Holiday
Gas prices across the United States have declined in all 50 states ahead of the busy Thanksgiving holiday next week, with prices in Oregon down to their lowest levels since May, no doubt bringing relief to Americans who plan to hit the roads. Thanks to lower crude oil prices putting downward pressure on gas prices, […] Read More.
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Workers United Calls for Walkouts at Hundreds of Starbucks Stores on Red Cup Day
The Workers United union said on Monday that thousands of employees at hundreds of Starbucks stores will walk out on the coffee chain’s key Red Cup Day promotional event this week, citing staffing and scheduling issues. Starbucks hands out free reusable holiday-themed cups with coffee purchases on the popular promotional event Red Cup Day, which […] Read More.
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Trump’s Truth Social Announces Merger ‘Milestone’ as Filings Show $73 Million Loss
Former President Donald Trump’s company, Trump Media & Technology Group (TMTG) has reached another “important milestone” in its merger with Digital World Acquisition Corp., officials announced on Nov. 13. In a press release, the two firms unveiled the filing of “Amendment No. 1” to its Form S-4 Registration statement with the Securities and Exchange Commission […] Read More.
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Ford Production Workers at Kentucky, Louisville Vote Against New Labor Deal-1
Production workers at Ford’s Louisville assembly and Kentucky truck plants have voted against the tentative labor agreement, while skilled trades workers voted in favor, the local chapter of the United Auto Workers (UAW) said on Monday. The ratification of the contract was voted down by 55 percent of the production workers whereas 69 percent of […] Read More.
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Dollar Rises to Fresh One-Year High Versus Battered Yen
LONDON—The dollar climbed to its highest levels in over a year against the Japanese yen on Monday, supported by a scaling back of expectations for U.S. Federal Reserve interest rate cuts next year. Japanese authorities were unusually quiet as the yen, down almost 14 percent this year, weakened again although markets remained alert to potential […] Read More.
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Wall Street Inches Up as Traders Digest Powell’s Comments, Await More Data
Wall Street’s main indexes opened higher on Friday as investors assessed Federal Reserve Chair Jerome Powell’s hawkish commentary and looked forward to key economic data next week for more cues on the monetary policy path. The Dow Jones Industrial Average rose 128.88 points, or 0.38 percent, at the open to 34,020.82. The S&P 500 opened […] Read More.
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Biden’s ‘Ghost Gun’ Restrictions Are Illegal: Federal Court
Appeals court upholds lower court ruling against new gun restrictions. Read More.
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Billionaire Investor Ken Griffin Warns High Inflation Will Persist for Decades
Citadel hedge fund founder Ken Griffin has warned that higher baseline inflation could last “for decades” and urged the government to rein in spending. Read More.
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Trial begins for man accused of attacking Paul Pelosi with hammer
DePape, 43, has pleaded not guilty to charges of attempted kidnapping of a federal official and assault of an immediate family member of a federal official. Read More.
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Confronting Pandemic Tyranny
Commentary I am pleased to share this splendid review of “The New Abnormal” by Paul Seaton, originally published in Law and Liberty. In 2019, Aaron Kheriaty was a professor of psychiatry and chair of medical ethics at the University of California Irvine. A year later he found himself on the front lines of our COVID wars. […] Read More.
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California woman goes missing on yoga trip in Guatemala, witnesses refuse to cooperate
“For me, this is now becoming a criminal investigation because the witnesses who were there at a material time are not being forthcoming,” Sharpe said. Read More.
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Attempt to Censure Rashida Tlaib Over Israel Rhetoric Goes to Floor Vote
The House will vote on a censure resolution against Rep. Rashida Tlaib (D-Mich.) over her statements amid the war between Israel and Hamas. Read More.
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