Author: Press Room

Will the Fed Double Down on September’s Mistake? The September jobs report was a jolt to the system, upending expectations for the Federal Reserve’s next moves. The addition of 254,000 jobs in September—well above the 140,000 forecast—paired with a dip in the unemployment rate to 4.1 percent, makes one thing clear: the labor market has not significantly weakened. It’s powering ahead. Wage growth came in stronger than expected at four percent, further complicating the Fed’s narrative that the economy needs propping up with lower rates. After the Fed’s surprise 50-basis-point cut in September, the burning question now is whether the…

Former President Donald Trump has surged five points in Michigan over the past month and now has a three-point lead over Vice President Kamala Harris there, according to a Quinnipiac University poll. The poll, which spells significant trouble for Harris and Democrats, finds that 50 percent of 1,007 likely Michigan voters back Trump, while 47 percent are behind Harris. Independent Cornel West and Libertarian Chase Oliver tie at one percent. Trump is surging in the election’s home stretch as Harris is showing signs of collapse. In September’s Quinnipiac poll, Harris had a 5-point lead on Trump, with 50 percent of…

Amazon is one of the latest companies to mandate employees return to the office.Nathan Stirk/Getty ImagesMany major companies are requiring employees to return to the office full or part-time.Business Insider compiled a running list of the companies calling employees back.The list includes companies like Amazon, Apple, and BlackRock.Last month, Amazon mandated corporate workers return to the office five days a week beginning January 2nd.The Seattle-based tech giant is just one of the many companies calling their employees back to the office following the pandemic as COVID-19 restrictions have eased.Major employers, including JPMorgan and Goldman Sachs, have also abandoned the hybrid…

Israel’s response to the Iranian missile attack will be “deadly, pinpoint accurate, and surprising,” Defense Minister Yoav Gallant has said.Tehran’s missile barrage pummeled Israel earlier this month, in what was said to be reprisal for the killings of the heads of Hamas and Hezbollah, as well as a general of the Islamic Revolutionary Guard Corps (IRGC).”The Iranian attack was aggressive but inaccurate,” Gallant said on Wednesday. “In contrast, our attack will be deadly, pinpoint accurate, and most importantly, surprising – they will not know what happened or how it happened. They will just see the results.”Gallant was speaking to Intelligence…

Vice President Kamala Harris’ presidential campaign and affiliated party committees have raised more than $1 billion since she entered the race for the White House in late July, NBC News and The New York Times reported Wednesday.The pace of Harris’ fundraising is historic and eye-popping. The $1 billion is more than rival GOP Donald Trump and his affiliated party committees have announced raising in all of 2024, according to the newspaper. The former president also declared his candidacy much earlier, in November 2022.The campaign has not yet made the $1 billion haul public “out of concern that bragging about the…

The global cost of crude has risen 3% on concerns about disruption of supplies from the Middle East The escalating conflict between Iran and Israel could leave the global economy vulnerable to a 1970s-style energy shock, Bank of England Governor Andrew Bailey said on Thursday, in an interview with the Guardian.The warning comes shortly after Israel’s invasion of southern Lebanon and Iran’s subsequent launch of ballistic missiles at Israel. The prospect of an all-out regional war in the Middle East immediately sent oil prices surging as much as 3%.Brent futures for December delivery was up 1.91% at $75.31 per barrel,…

The Biden administration has long talked about Russia as America’s greatest adversary, particularly in the context of the long-raging Ukraine war. The CIA and US national intelligence community, as well as the Pentagon, have more broadly named China as America’s #1 ‘pacing threat’ globally and in the long term.This is why it’s somewhat curious and unexpected for Vice President Kamala Harris to name Iran as the United States’ top “adversary” when asked in her 60 Minutes interview. It seems she’s just jumping on the bandwagon, going with the geopolitical hot spot of the moment which happens to be grabbing the headlines, just…

getty There’s been a dramatic twist in online imposter scams. In the traditional imposter scam, the crooks pretend to be a government agency or well-known company. They generally use emails, texts, or phone calls to try to induce targets to part with money or sensitive personal information. In the latest scams, which so far appear to be mostly on WhatsApp, the crooks set up chat rooms that purport to be hosted by legitimate and sometimes well-known financial advisors. The chat rooms use information from the legitimate advisor’s web site or social media to give it the appearance of the real…

University of Kansas professor A University of Kansas professor was placed on leave on Wednesday after he said men who don’t vote for Kamala Harris should be shot. A professor was teaching a class on sleep cycles when he veered off and made a statement against men who won’t vote for Kamala Harris simply because she is a woman. Of course, according to the left, it is okay to vote for Kamala Harris just because she is a woman. The unidentified instructor said men who don’t vote for Kamala Harris should be shot. “If you believe guys are smarter than…

Topline The link Taylor Swift shared to vote.gov after announcing her support for Vice President Kamala Harris and encouraging others to register to vote had nearly 406,000 people click on it—emphasizing the impact the billionaire pop star’s endorsement could have on the election. The billionaire pop star encouraged her fans to register to vote when accepting an award at the MTV … [+] Music Video Awards one day after she said she would be voting for Vice President Kamala Harris.AFP via Getty Images Key Facts In the 24-hour period Swift’s Instagram story linking to vote.gov was live, there were a…