Author Archives: JR

President Xi Orders Chinese Army To “Prepare For War”

In just a few short days, China has proved that investors who have been underestimating the geopolitical risks stemming from the simmering tensions between the US and China over the latter’s territorial claims in the South China Sea and paranoia over the fate of Taiwan – a de facto independent state that President Xi Jinping is aggressively seeking to bring

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Coinbase Bans Conservative Social Media Network Gab — Again

For the second time in less than a year, popular cryptocurrency exchange Coinbase has banned conservative-leaning social media network Gab and founder and CEO Andrew Torba from transacting on its platform, joining a long list of companies – including Medium, Joyent, GoDaddy, PayPal and Stripe – that have cut ties with the social network, according to CoinSpice. Gab announced the

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Poll: 63% Say Govt Shutdown Has Had No Impact On Them At All

Though our political class is whining incessantly about the partial government shutdown, the overwhelming majority of Americans say the shutdown has had zero effect on their lives. From 13 News Now: [A] new Rasmussen Reports poll of 1,000 likely voters shows that only nine percent say the shutdown has had a major impact on their personal lives. Sixty-three percent say

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Hispanic Unemployment Rate Hits Record Low in December

The national seasonally-adjusted unemployment rate for Hispanics and Latinos in the U.S. labor force hit its lowest level on record in December of 2018, U.S. Bureau of Labor Statistics (BLS) datareleased Friday show. In December, the unemployment rate for Hispanics and Latinos, aged 16 and up, was 4.4%, down from 4.5% in November – tying its record low of 4.4%

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Manufacturing posts best calendar year for job gains since 1997

The manufacturing industry posted net job gains of 284,000 over 2018, capping its best calendar year since 1997. A priority for President Donald Trump, manufacturing saw marked hiring in December with an additional 32,000 jobs. Most of the gains occurred in blue-collar durable goods manufacturing, with growth in fabricated metals and computer and electronic products, the Labor Department said in

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US employers went on a surprising hiring spree in December

U.S. employers went on a hiring spree in December, adding a surprising 312,000 jobs and providing a dose of reassurance about the economy after a turbulent few months on Wall Street. The job gains reported Friday by the Labor Department came despite a trade war with China, a global slowdown and a partial government shutdown now entering its third week.

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