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Grassley_Kavanaugh_hearing_GettyImages_Mark_Wilson

Sen. Chuck Grassley Denounces ‘EB-5’ Giveaway to China Hidden in India Outsourcing Bill…

July 19, 2019 at 7:29 pm

Iowa Sen. Chuck Grassley is throwing a flag on the stealth push by technology investors to expand the unregulated U.S.-India outsourcing economy. The business-backed bill to expand the binational outsourcing economy, titled HR.1044, quadruples the supply of valuable green cards to Indian workers who agree to take college-level jobs from American graduates. On July 10, […]

America_Open_for_Business

Strong U.S. Retail Sales Boost Economic Outlook…

July 16, 2019 at 5:54 pm

U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment. The report from the Commerce Department on Tuesday did not change market expectations that the Federal Reserve will cut interest rates this month for the […]

Saikat_Chakrabarti

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

July 12, 2019 at 5:52 pm

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 […]

Khamenei

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

June 28, 2019 at 7:01 pm

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 […]

Operation Ayatollah Moneybags…

June 28, 2019 at 7:01 pm

Employment_Jobs_Fair

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

June 7, 2019 at 8:40 pm

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 […]

Stocks_and_Bonds_Stock_Market

Oil Just Had Its Worst Run Since 2008…

June 6, 2019 at 7:31 pm

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 […]

hundred dollar bills_currency

Personal Income Posted Solid Gains in April, Beating Forecasts…

May 31, 2019 at 8:16 pm

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%). […]

Trump Announces Escalating Tariff Program for “All Mexican Goods” Until Illegal Central American Migration is Stopped…

May 30, 2019 at 8:22 pm

President Trump Statement Regarding Emergency Measures to Address the Border Crisis…

May 30, 2019 at 8:20 pm

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