The latest U.S. jobs report led investors to raise the yield on the 2-year Treasury note to its highest level in 16 years while dumping their stocks. There was serious concern that strong U.S. employment levels would encourage the Federal Reserve to continue raising interest rates. The latest jobs estimate from ADP put pressure on…
Two-Year U.S. Treasury Yields Hit 16 Year High, as Investors Are Spooked by Latest Jobs Report
July 8, 2023
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US to Grant $12 Million to Promote Climate Change and Gender Studies in Iraq
The State Department is granting millions of dollars for gender and climate change training in Iraq, saying it’s to create stability in the region. Lawmakers are voicing support for the ongoing fight for freedom in China, as Monday marks the 34th anniversary of the Tank Man’s picture during the 1989 Tiananmen Square massacre. Former Vice…
Will Tucker Carlson’s Exit Revolutionize the Way We Consume News?
May 5, 2023
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We speak with activist Brandon Straka—a man who was silenced by most media after Jan. 6—about the experience he had with the mainstream media and Tucker Carlson. April’s jobs report beat expectations. Over 200,000 jobs were added, with unemployment going down, but will this help or hurt other areas of the economy? Heated testimony takes…
US Economy Adds 253,000 New Jobs in April, Unemployment Rate Ticks Lower
The U.S. economy added 253,000 new jobs in April, up from a downwardly revised 165,000 in March, according to the Bureau of Labor Statistics (BLS). This was higher than the market estimate of 180,000. Employment gains were revised down for February by 78,000 to 248,000 and changed downward for March by 71,000 to 165,000. The…
NTD Business (April 7): JPMorgan Discrimination Probe up for Vote; IRS Pledges More Audits of Wealthy
April 7, 2023
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Is the U.S. labor market starting to cool? The U.S. economy added 236,000 jobs in March—lower than February numbers. An economic analyst tells us that moderation is the theme of the day. The IRS releases details on how it plans to use $80 billion in new funding for improved operations. It is pledging more audits…
Jobs Prints at 311,000, but Economy Still on Track for Recession in Third Quarter 2023
March 10, 2023
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Commentary New jobs created printed at 311,000 on Mar. 10, according to the Establishment Survey, far exceeding market expectations of 205,000 jobs. The Household Survey printed lower at 150,000. Net revisions were down 34,000 from December and January. The overwhelming majority of jobs were in the lower-wage sector, and job losses occurred in some of…
US Economy Adds 311,000 New Jobs as Labor Growth Remains Strong
The U.S. economy added 311,000 new jobs in February, down from 504,000 in January, according to the Bureau of Labor Statistics (BLS). Economists had projected 205,000 new positions last month. The unemployment rate climbed to 3.6 percent, up from 3.4 percent, and matched market expectations. The labor force participation rate edged up to 62.5 percent….
Stronger-Than-Expected Jobs Report Signals More Inflation Pressure
The latest private sector employment report came in far above consensus forecasts, suggesting persistent inflationary forces and more pressure on the Federal Reserve to keep cooling the economy aggressively. Payroll processor ADP reported on Mar. 8 that U.S. private employment increased by 242,000 jobs last month, considerably higher than consensus forecasts of 200,000 positions. Also,…
Strong January Jobs Report Means Fed Raises Rates Higher Than Forecast, Says Atlanta Fed Chief
February 7, 2023
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It appears that the stronger-than-expected U.S. jobs report last week likely means that the Federal Reserve may be open to raising the interest rate higher than planned, said a member of the Fed board. Federal Reserve Bank of Atlanta president Raphael Bostic, in an exclusive interview with Bloomberg News on Jan. 6, said that the…
Capitol Report: CCP Spy Balloon Continues to Float Above US; Jobs Report Exceeds Expectations
February 3, 2023
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The White House revealed that President Joe Biden learned about the Chinese spy balloon three days ago. What’s the latest, and will the United States ultimately shoot it down? To weigh in on the Chinese spy balloon, as well as what the Chinese Communist Party is up to on the ground in the United States, we…
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