Boeing 737 MAX Cleared to Resume Flying in US
BY TOM OZIMEK The U.S. Federal Aviation Administration (FAA) on Nov. 18 cleared Boeing’s 737 MAX to take to the skies again, after two fatal crashes led to the jetliner’s grounding and drove nearly two years of regulatory scrutiny into the beleaguered plane. In issuing a rescission of its Emergency Order of Prohibition (pdf), the FAA cleared the way for Boeing […]
FEC Chairman: If Sidney Powell Says There Was Rampant Voter Fraud, ‘I Believe Her’
BY TOM OZIMEK Trey Trainor, head of the Federal Election Commission (FEC), said in a tweet Tuesday that he believes Trump campaign lawyer Sidney Powell’s claim of widespread election fraud. Powell, a former federal prosecutor, recently claimed the president’s legal team has been receiving a deluge of evidence concerning voter fraud and other irregularities, telling Fox Business that she […]
Weekly Jobless Claims Edge Down to Lowest Level Since March
BY TOM OZIMEK The number of U.S. workers seeking unemployment benefits last week ticked down by 7,000 to its lowest level since March, when the outbreak of the CCP (Chinese Communist Party) virus threw the economy into a tailspin. A report from the Labor Department on Thursday (pdf) showed 751,000 people filed for state unemployment benefits in the week ending […]
US Consumer Spending and Personal Income Climb More Than Expected in September
BY TOM OZIMEK U.S. consumer spending and personal income both increased more than expected in September, with higher wages, growth in owner-operated business profits, and remaining pandemic aid contributing to the income boost. The Commerce Department said in a release Friday that personal consumption expenditures (PCE), a reflection of household spending on goods and services, rose by $201.4 billion […]
Weekly Jobless Claims Drop to Lowest Level Since March as Recovery Continues
BY TOM OZIMEK The number of U.S. workers seeking unemployment benefits last week fell by 40,000 to the lowest level since March, when the outbreak of the CCP (Chinese Communist Party) virus delivered a colossal blow to the economy. A report from the Labor Department on Thursday (pdf) showed 751,000 people filed for state unemployment benefits in the week ending […]
US Economy Grew by Record 33.1 Percent in Third Quarter
BY TOM OZIMEK The Department of Commerce announced Thursday that U.S. economic output in the third quarter grew by 33.1 percent, the largest expansion on record, after falling by 31.4 percent in the second quarter, the largest shrinkage on record. In a release detailing the agency’s “advance” estimate for third-quarter gross domestic product (GDP), the Commerce Department noted, […]
US Business Activity Soars to 20-Month High in October: IHS Markit
BY TOM OZIMEK U.S. business activity rose to a 20-month high in October, although the rate of new business growth and new orders eased slightly, in part driven by political uncertainty ahead of the Nov. 3 presidential election and concerns about the CCP (Chinese Communist Party) virus outbreak. Data firm IHS Markit said on Friday its flash […]
Project Veritas Recordings Portray Colorado Democrat Operative as Antifa Militant Ready for Violence
BY TOM OZIMEK Project Veritas, in a report accompanying its latest hidden camera reveal, alleged that a prominent member of a partner organization to Colorado’s Democratic Party is an Antifa militant who supports using violence for political ends. “We have Jacks on tape saying: ‘I will knock people down the stairs as long as they don’t die to make this […]
US Economy Adds 661,000 Jobs in September, Unemployment Falls Below 8 Percent
BY TOM OZIMEK The U.S. economy added 661,000 jobs in September, while the unemployment rate fell from 8.4 percent in August to 7.9 percent last month, the Labor Department said in a release Friday. The agency’s last monthly employment report ahead of the Nov. 3 presidential election shows labor market recovery continues from the lockdown-driven lows of March and April, although […]
US Private Hiring Exceeds Expectations in September
BY TOM OZIMEK Private employers added 749,000 jobs; economists surveyed by Refinitiv predicted 650,000 Private employers in the United States hired more workers in September than economists predicted, with the ADP National Employment Report on Sept. 30 showing 749,000 new jobs. Economists surveyed by Refinitiv anticipated a figure of 650,000, with the better-than-expected jobs number a […]
