Economy - Page 20

This week’s shockingly large downward revision of jobs suggests that the Biden-Harris economy’s job record is not benefiting Americans as much as it appeared to be because a huge number of the jobs are going to illegal border crossing migrants.

The Chinese government issued record-high mining quotas for rare earth minerals this week, reaching a new high of 270,000 tons that exceeds 2023’s total by 5.88 percent.

The Greek-flagged oil tanker MV Sounion was left adrift and burning in the Red Sea after attacks from the Houthi terrorists of Yemen.

Vice President Kamala Harris’s economic plan would increase taxes by $5 trillion over ten years, according to Americans for Tax Reform (ATR).

Google sales representatives have been accused of providing ad buyers with tips on how to target teenage users, despite the company’s policy prohibiting targeted advertising to users under the age of 18, according to a report from Adweek.

A Tesla semi-truck’s battery pack caught fire on California’s Interstate 80 near Emigrant Gap in the Sierra Nevada mountains this week, prompting a hazardous materials response and causing a full closure of the freeway for more than half a day. California firefighters resorted to airdropping fire retardant on the Tesla truck, a technique normally reserved for forest fires.

Because she heard them first from Trump.

Tim Walz repeated a lie told by California’s Gavin Newsom. Curating age-appropriate material for children is not the same as “banning” books.

Breitbart News economics editor John Carney said Wednesday on Fox Business Network’s “Kudlow” that Vice President Kamala Harris’ economic policies will drive jobs out of the United States.

Ford Motor Company is delaying production of an all-electric pickup truck at its Electric Vehicle (EV) plant in Stanton, Tennessee, while canceling plans to produce an all-electric SUV. 

United Auto Workers (UAW) President Shawn Fain is shrugging off concerns over mass immigration and its historically crushing impact on labor unions. 

Despite Kamala Harris’s claims, manufacturing employment is shrinking, and the manufacturing sector has been contracting.

Congress and President Joe Biden’s government have reportedly paid the Texas arm of Catholic Charities USA $769 million since 2021 to help deliver a huge population of poor migrants up to U.S. communities, workplaces, and housing.

Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool.

United Auto Workers (UAW) President Shawn Fain used his speech at the Democrat National Convention (DNC) this week to portray Vice President Kamala Harris as “a fighter for the working class.” Harris’s green energy agenda, though, paints a different picture — one that risks millions of American auto jobs and millions more jobs in supporting industries. 

South Korean officials found toxic substances in women’s accessories that Chinese e-commerce giants Shein, AliExpress, and Temu sell.

Vice President Kamala Harris vowed to reduce grocery costs “when” elected president by “making sure markets are competitive and fair.”

The administration of Canadian Prime Minister Justin Trudeau is heeding left-wing demands to stay out of a dispute between railroad companies and unions.

Axios got nuked by Xwitter’s community notes Tuesday after lying to protect Kamala Harris from the fact she favors price controls.

NASA faces a major dilemma as it works to bring home two astronauts stranded on the International Space Station (ISS) due to technical problems with Boeing’s Starliner spacecraft. The astronauts’ Boeing spacesuits are “incompatible” with the SpaceX craft, representing yet another hurdle to bring the pair of Americans back to Earth.

Democrats are suppressing concerns about Kamala Harris’s Soviet-style economic policies in exchange for potential election victories.

Silicon Valley is experiencing another round of significant job cuts as major companies announce layoffs in response to economic pressures and shifting industry priorities.

The revision undercuts claims by Kamala Harris that the Biden administration’s policies have created a very strong jobs market.

CLAIM: Sen. Bernie Sanders (I-VT) on Tuesday claimed during the Democrat National Convention that former President Donald Trump would cut Social Security, Medicare, and Medicaid if he were elected again.

A leftist speaker in support of Green Party candidate Jill Stein said on Tuesday that the Biden-Harris administration “sold out the working class in every sense of the term,” warning that former President Donald Trump could win again for that very reason.

A federal judge in Texas is blocking the Federal Trade Commission’s (FTC) rule banning non-compete employment agreements that would have prohibited United States businesses from imposing such clauses on millions of American workers.

The Democrat National Convention (DNC) has “ghosted” Teamsters President Sean M. O’Brien after he requested to speak, a new report suggests. O’Brien gave a speech last month at the Republican National Convention (RNC) and praised former President Donald Trump. 

The Biden-Harris administration’s claim to be building prosperity “from the bottom up” is belied by the lagged and building wage effects of their open borders policy.

CHICAGO, ILLINOIS–Rep. Byron Donalds (R-FL) said Tuesday at a press conference that the “joy and vibes” around the Harris-Walz ticket “is a cover-up for the fact that their policies are a disaster for the American people.”

Marsha Blackburn said the key to victory in November is to compare the radical, inflationary policies of Kamala Harris to the economic boom under Trump.

Harris and Biden keep making the same misleading and false claims about the state of American manufacturing.

Customers are waiting for a downturn in interest rates, the CEO of Lowe’s said.

Sen. Marsha Blackburn (R-TN) discussed the many issues facing Tennesseans as she completed her 95 county tour for the sixth year in a row: inflation, open borders, and safe communities.

Ikea, the Swedish furniture retail giant, has embraced the use of autonomous inventory drones to streamline operations and improve efficiency in its massive warehouses across Europe. If the rollout is successful, it is likely that American jobs will also be sacrificed at the altar of automation.

Tesla’s Model 3 and Model Y are commanding the used electric vehicle (EV) market, even as their prices continue to fall dramatically, according to recent data from a major online car marketplace. The price of a used Tesla Model 3 has dropped by 29 percent over the last year due to a lack of demand, a huge glut of supply, and lower prices for new EVs.

Leftists around the world have been flocking to alternative social media platforms over the last year, fleeing Elon Musk’s X/Twitter. Although Mark Zuckerberg’s Threads has been touted as the ultimate X replacement, the reality is that many users find the platform “deathly dull.”