"The next stage of the policy cycle is a weakening of the labor market. Once it starts gradually weakening, it then weakens more sharply. I think that's exactly what's playing out now."
"Higher rates are intended to cool consumer demand; the trouble for the Fed is: it's not working."
WASHINGTON >> A U.S. soldier has been detained in Russia on charges of criminal misconduct, the U.S. Army said today, that country’s latest high-profile detention of an American.
A U.S. soldier was detained in Russia over the weekend, according to four U.S. officials. He had been stationed in South Korea and traveled to Russia on his own and not on official business. The soldier is accused of stealing from a woman. The U.S. Army did not immediately return a request for comment. The soldier, who officials did not name, is one of a number of Americans detained in Russia, including several civilians. Among the most prominent U.S. citizens to be detained are Wall Street...
How will Biden conceal the inflation rampaging throughout his term? The latest scheme appears to be draining the Strategic Petroleum Reserve to the last drop. It’s already down to 17 percent, because Biden opened the spigot when his idiotic sanctions on Russian energy back in 2022 boosted prices at the pump into the stratosphere, always a terrifying development for homo politicus. Biden tamed gas prices by emptying most of the SPR. Now he may finish it off, because no, he can’t have gas prices...
U.S. officials said the soldier, Staff Sgt. Gordon Black, 34, was stationed in South Korea and was in the process of returning home to Texas.
CHICAGO (May 7, 2024) – The 2024 Lamar Hunt U.S. Open Cup Round of 32 is
An American soldier is being held in custody in Russia after he was arrested last week on charges of criminal misconduct, U.S. Army officials revealed Monday.
Americans have expressed that the most important issue in the United States right now is related to the topic of immigration, for the third month in a row. A Gallup poll found that in April, 27 percent of Americans felt that immigration
Ukraine for the first time has begun using long-range ballistic missiles—ATACMS—provided secretly by the United States, officials said.
The U.S. paused a shipment of bombs to Israel last week over concerns that Israel was approaching a decision on launching a full-scale assault on the southern Gaza city of Rafah against the wishes of the U.S., a senior administration official said Tuesday.
The reason the Fed may be tempted to cut rates would be to help the U.S. cover interest payments on the national debt, according to fund manager Freddie Lait.