Billionaire Michael Bloomberg, the failed Democrat presidential primary candidate and former New York City mayor, is paying less than half the federal income tax rate the average American taxpayer pays, newly published Internal Revenue Service (IRS) data reveals. The revelation is part of a broad investigation by ProPublica that gives a glimpse into the tax…
IRS Data: Democrat Billionaire Mike Bloomberg Pays Less than Half the Tax Rate Paid by Average American
LIVE at 2:30 PM ET: Federal Reserve Chair Jerome Powell Gives Update on Interest Rate Policy
The Federal Reserve is expected on Wednesday to announce that it is speeding up the end of its pandemic-era bond purchases and signal a turn to interest rate increases next year as a guard against surging inflation. Watch it in the live player above. Read More
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…
‘Blood On Her Hands’: Chicago 911 Dispatcher Slams Mayor Lori Lightfoot Over Skyrocketing Murder Rate
A Chicago 911 dispatcher slammed Chicagoâs Democrat Mayor Lori Lightfoot over the skyrocketing crime rate in the Windy City, saying that she has âblood on her hands.â âAll hell has broken loose,â dispatcher Keith A. Thornton, Jr. told Fox News on Tuesday. âIn my opinion and fact, the blood is on her hands,â Thornton said.…
Florida Job Growth Rate 6 Times Faster than the Nation’s
Joe Raedle/Getty Images Floridaâs job growth rate was six times faster than the countryâs as a whole in November, Gov. Ron DeSantis (R) announced on Friday. âOur job growth rate is six times faster than the rest of the nation because weâve worked hard to keep Florida open and protect the jobs of individual Floridians,â…
Still Winning: Florida Reporting Lowest Coronavirus Case Rate Per Capita in U.S.
The Sunshine State is continuing to defy the opinions and attacks offered by members of the far-left and establishment media, reporting the lowest coronavirus cases per capita in the United States. As of Monday, Florida continued to report the lowest case rate per 100,000 standing at seven, per the New York Timesâ latest tally. Floridaâs…
Edisonâs New Rate Plans Increases Costs for Solar Panel Customers
As Southern California Edison (SCE) begins to roll out its new âtime-of-useâ plans to its residential customers, many solar panel owners are seeing their energy bills increase. For years, SCE operated on a tiered energy billing system, where customersâspanning across Orange, Los Angeles, San Bernardino, and Riverside Countiesâwould pay based on the amount of energy…
Consumer Prices Soar 6.2%, Fastest Rate of Inflation Since 1990
Consumer prices rose at their fastest rate in decades in October, data from the Department of Labor showed Wednesday. The Consumer Price Index rose 0.9 percent in October from September, exceeding expectations for a 0.6 percent rise. Compared with the prior October, prices are up 6.2 percent, exceeding expectations for a 5.8 percent rise and…
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…
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…
Nolte: Nearly Two-Thirds Rate Joe Biden Negatively on Economy
In a stunning development, a majority of 51 percent now rate His Fraudulency Joe Bidenâs handling of the economy as âpoor.â Another 13 percent rate it as âfair.â So that means nearly two-thirds, a full 64 percent, hold a negative opinion of Bidenâs economic stewardship. Meanwhile, only 32 percent rate Biden as excellent (14 percent)…
âIâm Trying To Talk About Dead Mississippiansâ: Jake Tapper Presses Gov. Tate Reeves On COVID Death Rate
CNNâs Jake Tapper pressed Republican Mississippi Gov. Tate Reeves on his response to the continued spread of coronavirus in his state.Reeves made a Sunday morning appearance on âState of the Union,â and Tapper repeatedly confronted the Mississippi governor over his objections to President Joe Bidenâs vaccine mandate. (RELATED: âI Donât Think Scolding Is The Approachâ:…
EXCLUSIVE: BLM PAC Paid Nearly Triple The Market Rate For Disastrous Live Stream Event, Industry Experts Say
Black Lives Matter PAC, which was founded and led by Patrisse Cullors, paid an art company run by the father of her only child $148,300 to co-produce a live stream in November, records show. It was mired with technical issues. The owners of two video production companies told the Daily Caller News Foundation that they…
CNN’s Cuomo on NYC School Closure: ‘Why Close the Schools?’ ‘What’s Magic’ about a 3% Positivity Rate?
On Thursdayâs broadcast of CNNâs âCuomo Primetime,â host Chris Cuomo criticized New York Cityâs closure of schools by wondering, âThe rate in the city is 3%. Whatâs magic about 3%? The rate in the schools is .17%. Why close the schools? Why not close everything else before you close the schools?â Cuomo said, âI am…
CNN Poll: Overwhelming Majority of Americans Rate the US Economy Positively, And Yet…
A new CNN poll contains a significant data point that ought to be very good news for President Trump and the Republican Party. Â Under their stewardship, the US economy is thriving. Â Americans recognize the progress and are increasingly inclined to credit the GOP for it. Â In the new survey, fully 69 percent of respondents rate […]
201,000 Jobs Added in August, Unemployment Rate Remains at 3.9%
Total nonfarm payroll employment grew by 201,000 in August, an increase from last monthâs downwardly revised reading of 147,000, according to the Bureau of Labor Statistics. The national unemployment rate remained at 3.9%. Private service-providing industries gained 178,000 jobs, led by professional and business services and education and health services, which both added 53,000 jobs. […]
Hispanic Unemployment Rate Reaches Record Low Two Months in a Row.
The Bureau of Labor Statistics reported Friday the Hispanic unemployment rate sunk to a record low in the month of July â marking two consecutive months where this figure hit all-time lows. The Hispanic unemployment rate dropped from a previous record of 4.6 to 4.5 percent in July. President Donald Trump has made job creation for […]
US Economy Grew At 4.1 Percent Rate In Second Quarter Of 2018
The U.S. economy grew at the strongest rate in roughly four years in the second quarter of 2018, matching economistsâ high growth expectations heading into Fridayâs announcement. Gross domestic product â the total value of all final goods and services in the U.S. economy â grew at a 4.1 percent rate in the second quarter, […]
Hispanic Unemployment Reaches Record Low, Media Praise Labor Force Rate.
The June jobs report has a lot of rosy details in it. For instance, Hispanic unemployment is at a new low, according to the Bureau of Labor Statistics. In June, the unemployment rate for Hispanics and Latinos, aged 16 and up, was 4.6%, down from its May level of 4.9%. Before Juneâs record, the lowest […]
TRUMP BOOM: Record-Low Unemployment Rate As Economy Picks Up 223,000 Jobs.
On Friday, President Trump hinted that a solid jobs report was forthcoming: Looking forward to seeing the employment numbers at 8:30 this morning. — Donald J. Trump (@realDonaldTrump) June 1, 2018 This violated a longstanding taboo against the president biasing the markets in advance of the reportâs release. But Trump wasnât wrong to be excited, […]
Unemployment Rate Drops to 3.9 Percent–The Lowest on Record Since December 2000.
U.S. employers stepped up hiring modestly in April, and the unemployment rate fell to 3.9 percent, evidence of the economy’s resilience amid the recent stock market chaos and anxieties about a possible trade war. Job growth amounted to a decent 164,000 last month, up from an upwardly revised 135,000 in March. The unemployment rate fell […]
The US economy created 103,000 jobs in March; Unemployment rate remains at 4.1 percent.
President Trump has focused heavily on tariffs, which worries some employers. (AP Photo / Susan Walsh) The US economy created 103,000 jobs in March, the Bureau of Labor Statistics reported on Friday. The unemployment rate remained at 4.1 percent and wage growth rose slightly by 2.7 percent from March 2017. There is now a job […]
Look at the Crime Rate in This US Town Where Guns Are Required by Law.
There’s One US Town Where Guns Are Required by Law While many politicians are scrambling to curb the Second Amendment rights of Americans in an effort to ensure public safety, one U.S. town has had the opposite approach for decades: require all residents to have a gun. According to local law in Kennesaw, Georgia, âevery […]
Prosperity: January Jobs Report Beats Expectations With 200K Jobs Added, Wages Grow at Fastest Rate in Years.
Somewhere, Nancy Pelosi is chewing the inside of her cheek as she glares icily at a life-size Donald Trump ‘FatHead’ decal she’s plastered onto the ceiling over her bed. Â Yes, friends, the news for the US economy and American workers is that good. Â In all seriousness, the January jobs report isn’t a blockbuster, but it’s […]
Black unemployment rate falls to record low.
The Bureau of Labor Statistics reports 6.8 percent unemployment rate for black workers in December, the lowest in the 45 years the data has been tracked. Unemployment overall was 4.1 percent. Unemployment among black workers is at its lowest since at least the early 1970s, when the government began tracking the data. The black unemployment […]
BREAKING: Somali Refugees Arriving in U.S. at Highest Rate Ever in First Two Months of FY 2017
Somali refugees are arriving in the United States at the highest rate ever in the first two months of Fiscal Year 2017, according to the State Departmentâs interactive website. Between October 1, 2016, the beginning of the fiscal year, and December 7, 2016, a total of 2,775 Somali refugees have arrived in the United States. […]
Cuban-Americans Voted for Trump at Higher Rate than ‘White’ Americans
While âWhiteâ American voters supported Trump at a rate of 56%, Cuban American voters went for the Republican candidate at a rate of 58%–or perhaps even higher. Gosh? What could possibly account for such deplorable behavior? Well, if the quip âyou had to be thereâ applies anywhere, itâs in explaining the voting habits of Americans […]
The Black Lives That DON’T Matter To The Left: Chicago Murder Rate Among Blacks Skyrockets
While the Left continues to stand on the graves of African-Americans who have died in officer-involved shootings, every week in Chicago there are dozens of new graves for blacks, particularly young black males, largely ignored by Black Lives Matter activists and Democratic leaders. The reason, of course, is the anti-police “systemic racism” narrative, which the devastating facts involving gang violence and black-on-black crime in […]