President Trump Lead Roundtable Discussion on Vocational Training with United States and German Business Leaders
Washington, DC…President Trump Lead Roundtable Discussion on Vocational Training with United States and German Business Leaders
President Trump’s Speech Today At American Center for Mobility
Detroit, MI…Thank you very much. It is truly great to be back here in Michigan — great. (Applause.) And it’s also wonderful to be here with the leaders, workers, engineers and suppliers of Ford, and Fiat-Chrysler, and General Motors, and many others. We have so many leaders that we just met, all of the leaders […]
Fed Pushes Rate Up Another Quarter Point As Economy Strengthens
Washington, DC…Information received since the Federal Open Market Committee met in February indicates that the labor market has continued to strengthen and that economic activity has continued to expand at a moderate pace. Job gains remained solid and the unemployment rate was little changed in recent months. Household spending has continued to rise moderately while […]
Caliburger Unveils “Flippy” The Burger Flipping Robot
Pasadena, CA…Miso Robotics and Cali Group today unveiled Flippy, an artificial intelligence-driven robot that will work alongside kitchen staff to grill burgers at CaliBurger restaurants. Flippy had its debut at the CaliBurger location in Pasadena, California. A video demonstration captured the robotic kitchen assistant flipping burgers and placing them on buns. Flippy will roll out […]
US Economy Adds 227,000 Nonfarm Jobs In January, Labor Participation Rate At 62.9%
Washington, DC…According to the Bureau of Labor Statistics Nonfarm payroll employment rose by 227,000 in January, and the unemployment rate was little changed at 4.8 percent. Job gains occurred in retail trade, construction, and financial activities. In 2016, job gains averaged 187,000 per month. Incorporating revisions for November and December, which decreased nonfarm payroll employment […]
Starbucks Chairman & CEO Sends Message To Partners In Regards To Trump Administration
Seattle, WA…Starbucks chairman and ceo sent the following message to all partners (employees) on January 29, 2017. Dear partners- I write to you today with deep concern, a heavy heart and a resolute promise. Let me begin with the news that is immediately in front of us: we have all been witness to the confusion, […]
Gross Domestic Product Only 1.6% In 2016 & 1.9% For 4th Quarter
Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 1.9 percent in the fourth quarter of 2016 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.5 percent. The Bureau emphasized that the fourth-quarter advance estimate released today is based […]
Dow Jones Industrial Average Tops 20,000 During Intraday Trading
New York, NY…The “Trump Bump” continues as the Down Jones Industrial Average has climbed past 20,000 for the first time. If past is prologue sometimes giddy highs are followed by a downward trend. We shall see…
Ringling Bros. and Barnum & Bailey® Circus Will End Its 146 Year Run in May
Ellenton, Fl…Feld Entertainment Inc., parent company of Ringling Bros. and Barnum & Bailey® and the world’s largest producer of live family entertainment, announced today that the iconic 146-year-old circus would hold its final performances later this year. Ringling Bros.®’ two circus units will conclude their tours with their final shows at the Dunkin’ Donuts Center […]
SpaceX Successfully Launched 10 Iridium Satellites Today As Launches Resume
Vanderberg, CA…From Spacex: “On January 14, 2017, SpaceX’s Falcon 9 successfully delivered 10 satellites to low-Earth orbit for Iridium, a global leader in mobile voice and data satellite communications. The 10 satellites are the first of at least 70 satellites that SpaceX will launch for Iridium’s next generation global satellite constellation, Iridium NEXT. Below is […]