Economy

“US weekly jobless claims decline more than expected”

“…Initial claims for state unemployment benefits dropped 16,000 to a seasonally adjusted 207,000 for the week ended Jan. 25, the Labor Department said on Thursday. Economists polled by Reuters had forecast 220,000 claims for the latest week… Companies have scaled… Continue Reading…

Economy

“US Economy Ends 2024 With 2.3% GDP Growth on Consumer Resilience”

“Inflation-adjusted gross domestic product increased an annualized 2.3% in the fourth quarter after rising 3.1% in the prior three-month period, according to the government’s initial estimate published Thursday. The median forecast in a Bloomberg survey of economists called for a… Continue Reading…

Banking

“ECB Cuts Rates for Fifth Time as Euro-Zone Economy Flatlines”

“The European Central Bank lowered borrowing costs for a fifth time since June, with the region’s economy stalling and the 2% inflation target in reach… Officials reduced the deposit rate by a quarter-point to 2.75% — as predicted by all… Continue Reading…

Economy

Website Update: Info

The main menu has been updated. Hopefully this will make logging in and registering easier to find and or access. Also donation and affiliate menus were added. This should minimize the amount of plugs and advertisements. Basically this was a… Continue Reading…

Economy

Davos Meeting “Trump Tells The Globalists World Government Is DEAD! – ALEX JONES [FULL] Thursday 1/23/25 • Historic!”

Click link to watch the video. https://www.bitchute.com/video/a4wub54B1cmx For those who dont know The Davos Meeting is a annual meeting of the World Economic Forum.

Economy

“Working Americans Turn to Food Banks as Fed Inflation Battle Drags On”

“…The Flagstaff Family Food Center in Arizona broke records in 2022 serving nearly 28,000 meals per month on average… On the other side of the country, Capital Area Food Bank distributed 64 million meals last fiscal year in Washington and the… Continue Reading…

Stocks

“Nvidia plummets 11% to lead global tech sell-off as China’s DeepSeek raises questions about AI chip spending”

“U.S. technology firms like Nvidia plunged, as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector, triggering a global sell-off. DeepSeek launched a free, open-source large language model in late December, claiming it was… Continue Reading…

Business

[Chinese Computer Chip Maker] “DeepSeek’s ‘Sputnik moment’ sparks rout in AI-linked stocks”

“…Investors hammered technology stocks on Monday, sending the likes of Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts on dominance of U.S. companies in this sector. Startup DeepSeek last week launched a… Continue Reading…

Banking

“Bank of America Braces for Massive Bond Losses as Yields Soar”

“A sharp rise in rates since the end of the third quarter widened losses on bank securities portfolio and could become an investor issue again when banks start reporting their fourth-quarter results in the next week. Bank of America has… Continue Reading…

Business

“Ford CEO says China operations earned $600 million in 2024”

“”Ford Motor’s operations in China earned roughly $600 million last year. Farley said those earnings included the export of vehicles such as the Lincoln Nautilus, which is exclusively produced in China for other markets such as the U.S. China has been… Continue Reading…