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January jobs numbers CRUSH expectations despite rocking markets

On Friday, the Bureau of Labor Statistics (BLS) released the newest job numbers, which show steady growth, despite the coronavirus and Boeing Co. halting production temporarily tanking markets due to the global ramifications of the crisis. 225,000 jobs were created, with a 3.6% unemployment rate In January, BLS released December’s statistics showing 145,000 new jobs

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‘JOBS, JOBS, JOBS!’—Trump praises huge market recovery as Dow jumps 400+ points

On Tuesday, stock markets snapped back after a 600-point drop due to concerns about the deadly coronavirus originating in China. The recovery was somewhat due to Tesla’s soar after billionaire investor Ron Baron told CNBC that the electric-vehicle maker’s revenue will reach $1 trillion in 10 years. Tesla’s shares soared 19.9 percent on Monday, closing

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WATCH: New ad crushes Democrat lies about Trump’s great economy

A new ad from one of the largest pro-Trump super PACs, The Committee to Defend the President, is targeting 2020 Democrats on their lies about who the economy is “really working for.”  The ad interweaves clips of Democrat presidential candidates bashing Trump’s economy with liberal news commentators disproving their spin, with one CNN clip of

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Dow hits record 29,000 for the first time EVER—Trump says ‘the best is yet to come’

Shortly after the December jobs report was released, showing continued record lowe unemployment rates and 145,000 news jobs added to the economy, the Dow Jones Industrial Average hit a record high of 29,000, with an increase of 48 points.  The S&P 500 went up 0.2% while the Nasdaq Composite climbed 0.3%. The markets are on

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New jobs report: 145,000 jobs added to the economy

The government’s monthly jobs report released Friday once again shows healthy growth in the economy, with 145,000 jobs added in December.  Another huge stat shows the unemployment rate at a record low 3.5%.  According to the Washington Examiner, “Gains in industries such as restaurants and hotels, which added 40,000 jobs, healthcare, which added 28,000 jobs,

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U.S. markets hit record highs after Trump’s address to the nation

On Wednesday, following President Trump’s address to the nation on Iran, the S&P 500 hit a record high, gaining 0.7%. According to CNBC, the Dow Jones Industrial Average gained 213 points or 0.8%, and the Nasdaq Composite advanced 0.7% and hit an all-time high. During President Trump’s speech, he indicated that Iran appears to be

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Boeing fires CEO Dennis Muilenburg amid 737 Max crisis and failed Starliner mission

On Monday, Boeing announced that it had fired its CEO, Dennis Muilenburg, effective immediately as it grapples with regaining trust of the public and regulators following two fatal deaths with its most popular plane, the 737 Max.  Muilenberg had been given multiple changes to fix the Boeing 737 crisis, notably being taken off of the

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FDA permits two new reduced nicotine cigarettes for public sale

On Tuesday, the FDA cleared applications from 22nd Century Group for its Moonlight and Moonlight Menthol cigarettes, both products contain less nicotine than their peers, which the FDA hopes will help reduce the number of people addicted to nicotine. Moonlight and Moonlight Menthol have nicotine content between 0.2 to 0.7 mg per cigarette. The new

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Trump’s 2017 tax cuts reduced U.S. tax burden to 4th lowest in the world

According to a new report by the intergovernmental organization Organization for Economic Cooperation and Development (OECD), President Trump’s 2017 “Tax Cuts and Jobs Act” has reduced the U.S. tax burden to one of the lowest in the world. “U.S. tax bur­dens dropped by the largest amount among those coun­tries in 2018, and the U.S. now

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Trump takes on the Fed during NY Economic Club speech

On Tuesday, President Trump addressed the Economic Club of New York to speak about the booming economy he has created during his time in office, touting low unemployment numbers and soaring stock markets.  Trump said jokingly, “most of you wouldn’t know these numbers because most of you aren’t very active in the market, but since

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