BANGKOKâShares were mostly lower in Asia and U.S. futures fell after China reported Monday that its economy expanded at a 4.8 percent annual pace in January-March. Benchmarks fell in Tokyo, Seoul, Taipei, and Shanghai. Seoul edged higher. Markets in Europe and in Hong Kong and Sydney were closed for holidays. Wall Street benchmarks declined last…
Mortgage Refinance Applications Dip 62 Percent as Rates Rise at Faster-Than-Expected Pace
Mortgage refinance demand dropped for the week ending April 8 according to the Mortgage Bankers Association (MBA), while it also expects refinance originations to drop by double digits in 2022. MBAâs Refinance Index slipped 62 percent for the week when compared to the same week a year back. The index was lower by 5 percent…
Crime Jumps 36.5 Percent in New York City as Bail Laws Shape Gubernatorial Race
Overall index crime in New York City jumped a staggering 36.5 percent last month compared to March of 2021 as the stateâs soft on crime bail laws begin to shape the 2022 gubernatorial race. There were 1267 robberies city-wide in March, which is a 48.4 percent leap from the 854 robberies in March of 2021,…
Hereâs Why Baird Slashed PayPalâs Price Target by 15 Percent
A sign is posted in front of PayPal headquarters in San Jose, Calif., on Feb. 2, 2022. (Justin Sullivan/Getty Images) Baird analyst Colin Sebastian lowered the price target on PayPal Holdings Inc. to $175 from $205 (51.3 percent upside) and kept an Outperform rating on the shares. He believed steady or even accelerating trends concerning merchant integration with digital…
Democrat Midterm Chief Releases Internal Poll Showing Lead, But with Under 50 Percent Support
Democrat Midterm Chief Rep. Sean Patrick Maloney (D-NY) released an internal poll of him leading Republican challenger New York state Rep. Colin Schmitt in a hypothetical matchup but only receiving under 5src percent of support. Maloney showed a 12 point lead against the Republican challenger, with less than half of the vote, 49 percent. Thirty-seven percent…
Australiaâs Unemployment Rate Drops to 4 Percent
Australiaâs unemployment rate has dropped to four percent, the lowest rate since August 2008, as the economy added around 77,000 jobs according to the latest figures from the Australian Bureau of Statistics (ABS). The countryâs overall employment increased to 13,372,000 with monthly hours worked increasing by 149 million hours. âWith employment increasing by 77,000 people…
Report: 1-Bedroom Average Rent Rose 12.3 Percent Nationally in One Year
Justin Sullivan/Getty Images The national median prices for one-bedroom and two-bedroom rental units have skyrocketed as rent climbs sharply in cities across the country amid inflation, according to a report. Rental platform Zumper has released its February National Rent Index report, which found the median rent for a one-bedroom apartment in the United States is…
Number of Americans Living Paycheck to Paycheck Jumps 7 Percent, Report Shows
A growing number of Americans are living paycheck to paycheck despite increasing wages, a newly released report found. PYMNTS and Lending Club released the report, which says that 61 percent of Americans are living paycheck to paycheck, an increase of 7 points since May 2021. The report also found 54 percent of Baby Boomers and…
Trimble Clocks 12 Percent Revenue Growth in Q4; Issues FY22 Guidance
Trimble Inc. reported fourth-quarter FY21 revenue growth of 12 percent year-on-year to $926 million, beating the consensus of $895.6 million. Annualized recurring revenue was $1.41 billion, up 9 percent Y/Y. Product revenue grew 14.6 percent Y/Y to $562 million. Service revenue was flat at $165.1 million…
CDC: Coronavirus Deaths Increase 40 Percent in One WeekÂ
Coronavirus deaths have increased 4src percent in one week, Centers for Disease Control and Prevention (CDC) Director Rochelle Walensky told reporters Wednesday. While Joe Biden said Donald Trump was responsible for U.S. coronavirus deaths in 2src2src, the death rate in the past week has increased 4src percent, or per the CDCâs moving seven-day average, 1,633 deaths per day. An estimated 339,srcsrcsrc individuals have died from…
CDC Confusion: Omicron 95 Percent of Coronavirus Strains, Up from 22 Percent
Centers for Disease Control and Prevention (CDC) estimated the omicron variant now accounts for 95 percent of coronavirus strains as of January 1. While omicron has defied the CDCâs past infectious calculations, 95 percent is an increase from December 18, when the CDC estimated 22 percent of all infections were due to omicron. Biden said he would…
Poll: Joe Biden’s Job Approval Crashes to 36 PercentÂ
Just 36 percent of registered voters approve of President Joe Bidenâs job performance, Civiqs polling revealed Sunday. Bidenâs approval has reached historic lows amid high crime, 4src-year-high inflation, and Americans stranded in Afghanistan: 55 percent disapprove of Bidenâs job performance. Among those 18 to 34 years old, Bidenâs approval rating is only 28 percent, while…
Poll: 77 Percent of Americans Believe Bidenflation is Impacting Their Holiday Season Â
Seventy-seven percent of Americans believe inflation is impacting their holiday season, according to Tuesdayâs Yahoo News/YouGov poll. While a majority of Americans blame President Joe Biden for the inflation stifling their holiday season, only 18 percent believe âBiden is doing enough to address it.â The poll also shows overall eight in ten Americans are impacted by…
Prosecution of Project Veritas Sounds Warning About Two-Tier Justice and Big State Corruption
Commentary Whatever else can be said about the FBIâs vendetta against James OâKeefe and Project Veritas, his investigative journalism enterprise, it is a useful reminder of two things: 1) that we increasingly live in a two-tier society in which the lower tier can expect the arbitrary intrusion of all the coercive elements of the state,…
Canadian Governments Have Overshot Spending and Tax Revenue Targets for 20 Years: Report
Governments need to budget better and more reliably meet budget commitments, say authors Over the past 20 years, Canadian federal, provincial, and territorial governments have spent a cumulative $119 billion more than they budgeted for, while taxing Canadians $143 billion more than their budgets intended, a new report shows. Since the 2000-01 fiscal year, these…
Nelly Korda, Lexi Thompson Tied for Lead in Low-Scoring LPGA
BELLEAIR, Fla.âNelly Korda started with two birdies and finished the same way Saturday, making up plenty of ground along the way for a 7-under 63 that gave her a share of the lead with Lexi Thompson in the Pelican Womenâs Championship. Low scores ruled the day again at Pelican Golf Club, with 10 rounds at…
GOP Leaders Betray Their Voters Over Murkowski
The other day, I received the following email from Lisa Murkowski, currently Republican senator from Alaska: âFellow Conservative, âToday I announced my campaign for re-election to continue representing the great state of Alaska. Youâve been there from the beginning, Fellow Conservative, and I wanted you to hear the news directly from me. âAs a born…
Trafalgar Poll: Biden Approval Plummets Under 40 Percent, Under 30 with Independents
President Joe Bidenâs approval rating hit a new low in the Trafalgar Group poll released Friday, showing Bidenâs approval just below 40 percent overall. The poll showed Bidenâs approval lingers at 39.6 percent. The presidentâs disapproval spiked to 56 percent, with over 50 percent of the respondents who said they âstrongly disapprove.â Only 4.3 percent had no opinion…
Mexicoâs Central Bank Raises Interest Rate to 4.75 Percent Over Inflation Concern
The Bank of Mexico raised the benchmark interest rate by one-quarter percent to 4.75 percent in a 4:1 split vote on Thursday over short-term inflation concerns. The central bank of the second-largest Latin American economy, also known as Banxico, revised upward the inflation in the latest inflation forecasts because of âglobal inflationary pressures and bottlenecks…
Poll: Biden Approval Plummets to Under 38 Percent as Republicans Take Commanding 8-Point Lead in Generic Midterm Ballot
Democrat President Joe Bidenâs approval rating keeps sinking, now down to 37.8 percent in the latest USA Today/Suffolk University poll. The sharp turn against the sitting president comes as Republicans take a commanding lead in the generic congressional ballot, and the public sours on Bidenâs agenda. A strong majority of 59 percent disapproves of Biden,…
Experts Fear Bidenâs Global Minimum 15 Percent Tax Rate on Big Corporations Could Harm Small Businesses
Experts are concerned that President Joe Bidenâs new global minimum tax rate of 15 percent on large multinational business will harm the small businesses that support them. Treasury Secretary Janet Yellen confirmed on Saturday that leaders of the worldâs 20 biggest economies (G-20) have endorsed the âhistoric agreementâ on new international tax rules…
Lumber Prices Rose 50 Percent Since August and May Climb Higher
The price tag on lumber, after declining since its all-time high in May, could climb higher through the early months of the coming year, experts recently told Insider. The outlet reported Saturday: Lumber futures as of October 8 were hovering around $713 per thousand board feet â still 58% lower than the record high of…
Poll: Iowa Democrat Cindy Axne Trails Generic Republican Opponent by 9 Percent
Rep. Cindy Axne, the lone congressional Democrat from Iowa, whom Republicans are looking to unseat, is trailing in a poll against a generic Republican as she sides with President Joe Bidenâs partisan agenda. According to the latest poll from the American Action Network, Axne loses in a head-to-head election against a generic Republican on the ballot. The poll…
Study: 68 Percent of People over Age 6 in India Have Coronavirus Antibodies
More than two-thirds of people in India aged above six years have antibodies against the Chinese coronavirus, the Times of India reported on Friday, citing a new analysis by the state-run Indian Council of Medical Research (ICMR). âTwo-thirds of the general population above the age of six, or 67.6 percent were found to have SARS-CoV-2…
DeSantis: 70 Percent of Migrants Apprehended in Del Rio, Texas, Headed to Florida
Photo: Randy Clark/Breitbart Texas Florida Governor Ron DeSantis expressed surprise at reports from the border in Del Rio, Texas, saying that 70 percent of apprehended migrants are headed to his state. The Florida governorâs comments came following a border briefing with Texas Governor Greg Abbott on Saturday. Governor DeSantis told reporters that 70 percent of…
Poll: Only 15.5 Percent of Democrats Blame Hamas for Current Violence in Israel
Only 15.5 percent of Democrats blame Hamas for the current Middle East violence, according to the Trafalgar Group. Nearly 38 percent of Democrats believe Israel is to blame for the current violence, while 34.4 percent do not know. pic.twitter.com/Z15NYZRT3d â Wendell Husebø (@WendellHusebo) May 19, 2021 It appears President Joe Biden has sided with the…
Anti-Critical Race Theory School Curriculum Candidates Win Big in Texas Town With 70 Percent of Vote
Voters in Southlake, Texas, a suburb of the Dallas/Fort Worth area, gave school board and city council candidates who oppose putting critical race theory in public school curriculums 70 percent of the vote in an election on Saturday. The election comes nine months after the Carroll Independent School District introduced a proposal to install so-called…
Strikeout!: MLB Favorability Among Republicans Crashes 35 Percent
Major League Baseballâs favorability rate among Republicans has collapsed 35 percent, down from 47 percent to 12 percent in only a month. In the wake of MLBâs decision to remove its All-Star Game from Atlanta over Georgiaâs new election integrity law and its increasing number of woke proclamations, Republican support for pro-baseball has cratered, according…