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Finance

Latest News

S_and_P_500_Manic_Monday_August_5_2024

August 7, 2024 at 7:20 pm

What’s the Sahm Rule? Alarming Jobs Report Raises Recession Risk…

A key indicator has predicted every recession since 1970, and the alarm just sounded…

Stock_Market_Trader_gettyimages_Michael_M_Santiago

August 5, 2024 at 7:03 pm

$1 Trillion Wipeout: Market Rout Punishes Megacap Tech…

As U.S. markets opened for trading on Monday, tech’s megacap companies lost about $1 trillion in market cap, deepening a downturn that sent the Nasdaq into correction territory last week….

Larry_Kudlow_Recession

August 5, 2024 at 6:55 pm

Larry Kudlow: Recession Risk Grows Larger and Stocks Are Getting Clobbered…

It’s a shakier economy than the media admits, Kudlow says…

S_and_P_500_Manic_Monday_August_5_2024

August 5, 2024 at 6:29 pm

And Suddenly Things Change…

“The global economy is becoming unburdened by what has been.” — Jordan Schachtel on “X”…

Jared_Kushner_Affinity_Partners

August 2, 2024 at 8:16 pm

All the Ex-President’s Men* at Jared Kushner’s Affinity Partners…

Members of Congress – Democrats and Republicans – have expressed concerns about Jared Kushner’s acceptance of a $2-billion investment from Saudi Arabia in his private equity firm shortly after he left the White House…

Senior_Citizens_Elderly

August 2, 2024 at 8:09 pm

President Trump Announces New Policy Proposal – No Taxes on Social Security for Seniors…

The T-Room.us supports this policy due to the fact Seniors have already spent a lifetime paying the beast known as taxes. Why should they pay taxes on their Social Security income. Seems rather silly to us…

July_2022-July_2023_Nonfarm_Payroll_Adjustment

August 2, 2024 at 8:04 pm

Big Miss on Unemployment, Jumps to 4.3%…

Illegals are doing great in getting jobs in today’s market but American born, not so much…

Gold_currency

July 31, 2024 at 6:04 pm

U.S. Strategic Bitcoin Reserve to Be Funded Partly by Revaluing Fed’s Gold, Draft Bill Shows…

The office of Senator Cynthia Lummis, who proposed the strategic reserve at the Bitcoin Nashville conference on Saturday, shared a draft of the legislation with CoinDesk…

Bitcoin

July 31, 2024 at 5:59 pm

Bolivia Lifts Ban on Bitcoin, Authorizes Crypto Transactions via Banks…

The change in regulatory stance marks the end of a ban on crypto use in the country in place since 2014…

Inflation_Recession_Household_Budget

July 30, 2024 at 6:53 pm

U.S. Households Lose More Than $15,000 a Year, Thanks to Biden Admin Regulations, Report Says…

Federal regulatory costs tax the average American household more than $15,000 per year under the Biden administration, according to a Competitive Enterprise Institute annual report released Tuesday….

Donald_Trump_Bitcoin_Keynote_Speaker_07-27-2024

July 29, 2024 at 7:20 pm

Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench U.S. Financial Hegemony…

Trump’s recent speech on bitcoin and crypto embraced policies that will seek to mold bitcoin into an enabler of irresponsible fiscal policy and will employ programmable, surveillable stablecoins to expand and entrench dollar dominance…

Bitcoin_07-29-2024

July 29, 2024 at 7:19 pm

Bitcoin Tumbles Below $67K as U.S. Government Moves $2B of ‘Silk Road’ Tokens…

The government is the owner of about $12 billion worth of seized bitcoin, according to Arkham Intelligence….

Donald_Trump_Bitcoin_Keynote_Speaker_07-27-2024

July 29, 2024 at 7:04 pm

President Trump Delivers Keynote Address to BitCoin Conference in Nashville

President Donald Trump was keynote speaker at Bitcoin’s 2024 national conference in Nashville, Tennessee…

Bitcoin_Donald_Trump

July 26, 2024 at 6:58 pm

Trump’s Bitcoin Conference Fundraiser Highlights Crypto’s Growing Political Clout…

President Trump’s upcoming meeting with wealthy donors at a Bitcoin conference this weekend underscores the rising influence of the digital-asset sector in the current political campaign cycle…

plunder_men.in_.suits

July 26, 2024 at 6:16 pm

The Plunder of Private Equity Billionaires…

Proposals are now circulating in Washington to radically increase the privatization of the U.S. federal government and its programs. If past is prologue, such proposals may not be implemented with sound terms and conditions or at market prices, but as forms of “piratization” that richly reward the private equity industry and further central control…

Joe_Biden_Illegal_Immigrants

July 24, 2024 at 8:05 pm

Pew Research: More than 30 Million Migrants Taking U.S. Jobs, Far Outpacing Growth of Native-Born Americans…

Working- and middle-class Americans are competing for jobs against more than 30 million migrants, including legal immigrants, visa workers, and illegal aliens, the Pew Research Center revealed…

Graduates

July 18, 2024 at 6:45 pm

In Major Order, Appeals Court Blocks Student Loan Forgiveness and Lower Payments for 8 Million Borrowers…

Biden knew he lacked any authority over student loan forgiveness, yet it didn’t matter to him nor his campaign team. To think that those who have paid off their loans and those who never took out a student loan were on the hook as taxpayers to repay his “debt forgiveness” is the epitome of political pandering…

Audrey_Miller_Fasil_Teklemariam

July 11, 2024 at 6:41 pm

BEWARE: Man’s Thumb Cut Off by Suspects Who Used it to Steal Money Off His Phone, Court Documents…

Once upon a time, it was part of a television show. Not anymore. It’s real life and you better believe it’s only going to get worse…

Bitcoin_CoinDesk

July 8, 2024 at 5:11 pm

Bitcoin Drops as German Government Unloads Over $900M Worth of BTC…

Wallets linked to the German government still hold some 23,788 bitcoin, meaning that it has already sold more than half of its seized assets, according to Arkham Intelligence data…

Gavin_Newsom

July 2, 2024 at 7:07 pm

Typical Dem: Job Growth in California Is All Government Jobs, That’s Not Stopping Pretty Hair Newsom from Pandering His Job Creation Skills…

With California’s net growth coming from government hiring in spite of private sector decline, Republicans jumped to say “I told you so.”…

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Editor’s Picks

Happy Independence Day!

The One Big Beautiful Bill Act: A Comprehensive Holland & Knight Analysis…

H.R.1 – One Big Beautiful Bill Act…

AFTER ‘8 HOURS OF HOGWASH’ FROM REP JEFFRIES, HOUSE REPUBLICANS PASS TRUMP’S ‘BIG BEAUTIFUL BILL’ – 218 – 214…

Paramount, Parent Company of CBS, Settles Trump Lawsuit for $16 Million over Election Interference After Editing Kamala Harris’s Answers in 60 Minutes Interview…

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