A Bit of Wisdom from Churchill on Life’s Battles
“War is a game that is played with a smile. If you can’t smile, grin. If you can’t grin, keep out of the way till you can.” ~ Winston Churchill
Jobs Numbers Roar Ahead in February with 273,000 Jobs Added
Washington, DC…Total nonfarm payroll employment rose by 273,000 in February, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in health care and social assistance, food services and drinking places, government, construction, professional and technical services, and financial activities. This news release […]
McConnell Defends Judicial Independence Following “Reckless” Schumer Comments
Washington, DC…U.S. Senate Majority Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the Supreme Court: ‘A few weeks ago, I spoke on this floor about a dangerous trend that threatens our self-government. ‘I explained how some in the Democratic Party appear more interested in attacking the institutions of our […]
Briefing by Vice President Pence and Members of the White House Coronavirus Task Force
Washington, DC…We just completed another meeting of the White House Coronavirus Task Force. It’s been a very busy and productive day here at the White House. President Donald Trump has no higher priority than the safety and health of the American people. And the President has directed our task force — employing the full resources […]
Mike Bloomberg Drops Out of Presidential Race and Endorses Joe Biden
New York, NY…Three months ago, I entered the race for President to defeat Donald Trump. Today, I am leaving the race for the same reason: to defeat Donald Trump – because it is clear to me that staying in would make achieving that goal more difficult. I’m a believer in using data to inform decisions. […]
Federal Reserve FOMC On Dropping Interest Rates Due to Coronavirus
Washington, DC…The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. In light of these risks and in support of achieving its maximum employment and price stability goals, the Federal Open Market Committee decided today to lower the target range for the federal funds rate by 1/2 percentage […]
Dow Jumps Posts Largest Single Day Gain Ever!! Up 1,293.96 Points!
New York, NY…The Dow Average soared to 26,703.32 +1,293.96 (5.09%). This was the largest single day point gain in history. The NASDAQ & S&P 500 all set records as well. What tomorrow holds we will see but for now it looks as if the markets are on the road to recovery even as the Coroavirus […]
Pete Buttigieg Bows Out of Presidential Race. Full Speech Below…
South Bend, IN…Statement from his campaign…”Thank you for inviting me into your homes, sharing your stories, and putting your trust in me. We launched our campaign because Americans are hungry for a new kind of politics that brings us together. And together we’ll beat this president and build the era that must come next.”
Dow Opens Up Modestly in Early Trading
New York, NY…The financial markets have opened up slightly this morning in early trading. Traders are looking for profit opportunities and the Fed was active in repos overnight as well. Have we found the bottom? Who knows but aggressive searching for footing is underway…
Afghan, U.S., NATO Officials Call Declaration a Path for Peace in Afghanistan
Kabul, Afghanistan…Under an agreement signed in Doha, Qatar, all foreign troops may be out of Afghanistan in 14 months, officials said in the Afghan capital of Kabul. Afghan President Ashraf Ghani, Defense Secretary Dr. Mark T. Esper and NATO Secretary General Jens Stoltenberg all said today that any withdrawal would be conditions-based, and the Taliban […]