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07.20.2023

Republicans Are Joining Liberals to Reward Woke Retailer Target

By Rick Manning U.S. Rep. Max Miller (R-Ohio) has just delivered his support to the woke corporations that are forcing Americans to embrace their left-wing politics. He has joined Sen. Dick Durbin (D-Ill.), Sen. Roger Marshall (R-Kan.), and Sen. J.D. Vance (R-Ohio) to give more power to […]

07.12.2023

Inflation crashes down to 3 percent annualized with 2022 price spikes baked into the cake, but core inflation remains elevated at 4.8 percent

By Robert Romano Inflation over the past 12 months has crashed to 3 percent in June according to the latest data from the Bureau of Labor Statistics after a massive uptick following the more than $6 trillion that was printed, borrowed and spent into existence for Covid coupled with the economic lockdowns and production halts—literally too much money […]

07.07.2023

As hiring slows down, so does the economy

By Robert Romano The U.S. economy added 209,000 jobs in June, according to the latest establishment survey by the Bureau of Labor Statistics, less than expected as 306,000 were added in May, as hiring slowed down nationwide. Meanwhile, the unemployment rate remained about the same at 3.6 percent. Historically, […]

06.30.2023

If racial preferences in college admissions are violate 14th Amendment’s equal protection, then so do ESG’s ‘diversity, equity and inclusion’ racial and gender hiring quotas

By Robert Romano It’s a simple ruling: “Eliminating racial discrimination means eliminating all of it.” On June 29, the Supreme Court affirmed Title VI of the Civil Rights Act, 42 U.S. Code § 2000d’s prohibition on racial discrimination in federally funded programs, including higher education, at both public and private universities, in […]

06.29.2023

Biden says America is the ‘strongest economy in the world’ but is the recovery already in the rear-view mirror?

By Robert Romano President Joe Biden wants to run on the strength of the U.S. economy , in a June 28 campaign speech in Chicago Illinois , touting the U.S. as the “strongest economy in the world”. He might not have much choice — presidents are judged by the health of the economy in many respects when […]

06.28.2023

‘Bidenomics’ are leaving Americans behind with permanently higher prices, interest rates and a lower standard of living

By Robert Romano “When you think about wages going up, when you think about inflation at its lowest by more than 50 percent than it was a year ago, that’s because of the work that this President has done.  And he’s going to continue to focus on […]

06.27.2023

Blackrock’s Larry Fink wants to rebrand ESG as ‘decarbonization… governance … or social issues’. It’s still the same exact thing.

By Robert Romano “I’m not going to use the word ESG because it’s been misused by the far left and the far right.” That was Blackrock CEO Larry Fink on June 25 at Aspen Ideas Festival attempting to put some distance between himself and the Environmental, Social and Governance (ESG) investment model that directs investor funds to companies […]

06.15.2023

Fed pauses interest rate hikes as inflation continues to collapse to 4 percent and global economy heads into recession

By Robert Romano The Federal Reserve has halted increasing its target interest rate, the Federal Funds Rate , at 5 percent to 5.25 percent, as consumer inflation reported by the Bureau of Labor Statistics continues to slow down, now down to an elevated 4 percent the past twelve months. Last month it was 4.9 […]

06.07.2023

Durbin’s stale, failed processing fee legislation only benefits the woke corps

By Rick Manning Woke retailers like Target are lining up in support of what last year I called ‘smash and grab’ legislation worth billions of dollars by mandating changes to how credit cards are processed. Senator Dick Durbin succeeded in getting language put into the 2010 Dodd-Frank […]

06.02.2023

Unemployment rate ticks up to 3.7 percent in May as job openings swell back to 10.1 million

By Robert Romano The unemployment rate has ticked up off of historic lows to 3.7 percent in May, as 310,000 fewer Americans reported having jobs and those saying they were unemployed increased by 440,000, the latest data by the Bureau of Labor Statistics shows . That’s still pretty low by historic standards, but nothing lasts forever. Following […]

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