May 8, 2024

Businesses Make More Cuts In August, Signaling An Increasingly Weakening Economy

Preliminary data from S&P’s Purchasing Managers’ Index, a prominent measure of business activity, indicates that U.S. businesses are cutting activity at the highest rate in more than two years.The Flash US PMI Composite Output Index, which represents a preliminary ‘flash’ of expected business activity in August 2022 across a composite of both manufacturing and services,…

MSNBC’s Melber: Biden Increasingly Liberal –

MSNBC anchor Ari Melber said Tuesday on “The Beat” that President Joe Biden was governing to the left and “at times, can sound a bit like” progressive Sen. Bernie Sanders (I-VT). Melber said, “Joe Biden has begun his presidency on a more liberal footing than the last two Democratic presidents, which makes this the most…

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