Author: nick
The Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred measure of inflation, rose 4.1 percent year-over-year (YOY) in May following a monthly increase of 0.4 percent. That annual rate is the highest since April 2023.Core PCE, which excludes volatile items like energy and food, similarly rose 3.4 percent YOY, its highest level since October 2023.Much of the rise comes from increased expenditures on financial services and insurance, following a rally in the S&P 500. April’s PCE report had revealed a similar three-year high. The upward trend puts further pressure on the Federal Reserve to raise interest rates. Markets…
The Trump administration is considering a pilot program that could bring much-needed transparency to the 340B drug discount program, created by Congress to help hospitals and clinics serving low-income patients provide medications at discounted rates. Read Full Article ⟶ Source link
President Donald Trump has often talked up the stock market’s rise during his second term, saying increases in 401(k) retirement plan balances have made Americans wealthier. During a June 23 speech at a Mack truck plant in Macungie, Pennsylvania, Trump said, “The typical 401(k), as you know, is up almost $30,000 in … 13 months.” He’s made similar points going back to his Feb. 24 State of the Union address. The stock market has risen during Trump’s second term. But the average $30,000 gain he cited is not supported by data; that’s about triple the increase found in a large…
Are the Democratic Socialists of America (DSA) surging to victory in New York City because foreigners and immigrants are smuggling this ideology into the U.S.? That seems to be the takeaway for many conservatives bemoaning that “Third World-ism”—i.e., the nominally communist brand of authoritarianism that is prevalent in some African and Latin American countries—is winning at the ballot box. Their solution, unsurprisingly, is to curb all categories of immigration, legal and illegal. You are reading Free Media from Robby Soave and Reason. Get more of Robby’s on-the-media, disinformation, and free speech coverage. The victories of Claire Valdez and Darializa Avila…
“At this point, I can draw no other conclusion than that Trump is a Trojan horse”. On today’s vlog, Sean from SGT Report and I are talking about the so-called influencers who claim that Trump is showing a once conquered nation that it’s been freed. Despite the great big neon flashing arrows pointing out the opposite. It’s a Big Cult and you’re probably in it. All it takes to be part of the mind control gang is 12 years of government indoctrination camp and drinking the CIA/Mossad Kool Aid. We need to talk about the collective psychological breakdown happening across…
Iran Deal 2.0 is taking shape. It looks disturbingly similar to Iran Deal 1.0, where President Obama gave Iran access to billions in frozen funds for its radical Islamist regime and proxies. As nuclear inspections and final terms are negotiated, criticism is coming from all sides. Former Obama official Susan Rice has called the Memorandum of Understanding (MOU) “egregious.” Former George W. Bush official Marc Thiessen compared it to offering a Marshall Plan to rebuild Germany while the Nazis were still in power. Meanwhile, Iran’s negotiators are openly celebrating what they see as Trump’s failure. But all of that misses the real story. Trump’s failure to…
It's Official: Palestine Has Changed U.S. Politics Source link
Image by Sohaib Ghyasi. On June 23, the European Union hosted a five-member Taliban delegation in Brussels for discussions on migration and the return of Afghan nationals whose asylum claims have been rejected. Led by Taliban Foreign Ministry spokesman Abdul Qahar Balkhi, the visit marked the first EU-hosted meeting with Taliban representatives on European soil since the movement returned to power in August 2021. European officials emphasized that the talks did not constitute diplomatic recognition. Instead, they described them as technical discussions focused on migration management and the readmission of Afghan nationals without legal residency status in Europe. Public reporting…
Not to be melodramatic, but I really believe the future of American democracy has been hanging in the balance the past few years. Source link
Whoever figures out how to mobilize the folks fed-up with the current state of the city can make New York City great again. Source link