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The Best in Alternative News

AOC Chief of Staff Confirms: Green New Deal Was Not Really About Saving the Planet After All…

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The chief of staff for Rep. Alexandria Ocasio-Cortez stated that her signature Green New Deal was not really about saving the planet after all. In a report by the Washington Post, Saikat Chakrabarti revealed that “it wasn’t originally a climate thing at all … we really think of it as a how-do-you-change-the-entire-economy thing.” The revelation […]

Trump’s Latest Iran Sanctions Target $200B Economic Empire of Supreme Leader…

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The Trump administration’s latest sanctions against Iran reinstate an embargo on some of Supreme Leader Ali Khamenei’s front companies that President Barack Obama lifted as part of the nuclear deal and could further expose the Iranian dictator’s corrupt economic empire. Khamenei oversees a vast network of corporate and financial assets worth $200 billion, the Foundation […]

White House Economist: Jobs Report Shows Risks to Economy, But Still Reasons for Optimism…

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Top Trump economic adviser Kevin Hassett said that Friday’s jobs report indicates higher risks to the economy but that he remains hopeful job growth will pick up in June and the U.S. will avoid a recession. Hassett, the outgoing chairman of the White House Council of Economic Advisers, acknowledged that the estimated 75,000 jobs created […]

Oil Just Had Its Worst Run Since 2008…

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Oil has entered a bear market as fears of an economic downturn mount. The fundamentals look much tighter than the swoon might suggest, but the supply and demand picture is also beginning to look more negative. The EIA report was exceptionally weak, showing a strong build in crude oil (+6.8 million barrels), gasoline (+3.2 million […]

Personal Income Posted Solid Gains in April, Beating Forecasts…

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The Bureau of Economic Analysis (BEA) said personal income gains beat the consensus forecast in April, rising $92.8 billion (0.5%). The reflected increases were fueled by personal interest income, wages and salaries, and government social benefits to persons. Disposable personal income (DPI) rose $69.3 billion (0.4%) and personal consumption expenditures (PCE) gained $40.8 billion (0.3%). […]

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