Inflation ran hotter than expected in
January, complicating the Fed's rate decision
Posted By: NorthernDog, 2/13/2024 9:45:04 AM
Inflation ran hotter in January than had been forecast by economists, signaling that higher prices remain sticky and complicating the Federal Reserve's decision about when to begin cutting its benchmark rate. As with inflation last month, higher housing and food prices were the big drivers. Consumer prices rose 3.1% in January from a year earlier, the government said on Tuesday. Economists had expected January prices to rise at a 2.9% pace from a year ago, according to FactSet. Even so, the pace reflected an improvement from December, when inflation rose at an annual rate of 3.4%. The January inflation data
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Arab Americans feel 'a bone-deep sense
of betrayal.' And they want Joe Biden
defeated in 2024 18 replies
of betrayal.' And they want Joe Biden
defeated in 2024 18 replies
DEARBORN, Mich. – Mohammad Enayah was asleep when his pinging cell phone alerted him to the message from Gaza. It was 2 a.m. “I hate to tell you this news,” his cousin wrote. Thirty-seven members of his extended family had been killed in an Israeli air strike on a Palestinian refugee camp. Enayah read the first name on the list of victims, his father’s cousin. He scrolled further, then put the phone aside. He couldn’t read on. It would take a week before he would finally make it through the list of those who had died. Enayah would eventually learn
SAN DIEGO — The migrant community in shelters in Tijuana is worried over the possibility that Donald Trump could win the presidential election in November, according to José María García Lara, director of the Juventud 2000 shelter. García Lara says asylum seekers fear that migrating to the U.S. will become almost impossible with Trump in the White House. “The community thinks the moment he wins the presidency, the doors will close,” he said. García Lara recalls a time in 2018 when Trump took measures to return Central American migrants to their respective countries to keep them from coming to the
A California lawmaker has proposed an ambitious plan to raise the minimum wage to $50 per hour. Democratic Representative Barbara Lee argued that, due to the affordability crisis in the San Francisco Bay Area, a family of four needs at least $127,000 to survive. Lee's proposal means that minimum wage workers would earn more than $100,000 per year. She made these comments while debating with Reps Adam Schiff (D-CA), Katie Porter (D-CA) and Republican Steve Garvey. Schiff and Porter have both called for the minimum wage to be increased to at least $20 an hour. However, Garvey has resisted raising
Inflation ran hotter in January than had been forecast by economists, signaling that higher prices remain sticky and complicating the Federal Reserve's decision about when to begin cutting its benchmark rate. As with inflation last month, higher housing and food prices were the big drivers. Consumer prices rose 3.1% in January from a year earlier, the government said on Tuesday. Economists had expected January prices to rise at a 2.9% pace from a year ago, according to FactSet. Even so, the pace reflected an improvement from December, when inflation rose at an annual rate of 3.4%. The January inflation data
DENVER — A Denver woman said she has been left with an unexpected mess after she sold her van to an undocumented migrant.
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Defense Secretary Lloyd Austin was transported to Walter Reed National Military Medical Center Sunday afternoon following symptoms of an "emergent bladder issue," according to the Pentagon. "Today, at approximately 2:20 pm, Secretary of Defense Lloyd J. Austin III was transported by his security detail to Walter Reed National Military Medical Center to be seen for symptoms suggesting an emergent bladder issue," Pentagon Press Secretary Maj. Gen. Pat Ryder said in a statement Sunday afternoon. The statement said that the Deputy Secretary of Defense, Joint Chiefs of Staff, White House, and Congress have been notified. Austin is retaining his duties
Democratic strategist James Carville slammed President Joe Biden‘s decision not to sit down for an interview prior to the Super Bowl, saying it shows a lack of confidence to perform well. Carville noted the massive television audience of the Super Bowl, which has regularly exceeded 100 million viewers several times in recent years, and questioned why the White House turned down the opportunity, while speaking on CNN on Saturday. “It’s the biggest television audience — not even close — and you get a chance to do a 20, 25-minute interview on that day,” Carville said. “And you don’t do it?
Spooked Dems push for makeup, lighting
fixes for Biden’s age as prez rails
against Merrick Garland 28 replies
fixes for Biden’s age as prez rails
against Merrick Garland 28 replies
Panicked Democrats are wringing their hands in the wake of the damning special counsel’s report that accused President Biden of being too senile to be blamed for mishandling classified documents — with insiders even pushing for better makeup to hide the commander-in-chief’s advanced age as his re-election campaign grinds on despite his cognitive decline. “The cake is already baked,” a despondent former Biden White House aide told The Post. “Most Democrats feel that way about the president already. They think he’s effective and a good person, but nobody really wants him to run. ..and Democrats don’t have the guts to
Hospitals’ uncompensated care for migrants
in Colorado ‘is not sustainable,’
UCHealth warns 20 replies
in Colorado ‘is not sustainable,’
UCHealth warns 20 replies
UCHealth needs more money and support to keep responding to the surge in migrants arriving in metro Denver, the health system’s leaders are warning after University of Colorado Hospital provided $10 million in uncompensated care in just three months. Health care workers want to help, but hospitals can’t keep providing this level of uncompensated care, let alone meet migrant patients’ full needs, said Dr. Richard Zane, an emergency medicine physician and UCHealth’s chief innovation officer. UCHealth needs to receive reimbursement and to have somewhere to refer patients for housing and other supports, he said. “It is not sustainable,” Zane said.
Justice Ketanji Brown Jackson emerged as an unlikely ally of former President Trump on Thursday when the Supreme Court heard arguments over an effort to block Trump from Colorado’s Republican primary ballot via the 14th Amendment’s Insurrection Clause.
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Most Active Articles (last 48 hours)
Truckers to the rescue—again.
Truckers bravely exposed some of the worst COVID shutdowns in the world when they parked their trucks in Ottowa to protest the iron-fisted approach used against citizens by the Justin Trudeau regime. Truckers in the US showed solidarity for their Canadian neighbors and helped block shipping between the US and Canada in Detroit, Michigan. Democrat Governor Gretchen Whitmer, who was being considered for Joe Biden’s VP, quickly threatened arrest for truckers who dared to block the Ambassador Bridge.
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Trump Derangement Syndrome sufferer Rob Reiner appeared on MSNBC this week to promote his new film about ‘Christian Nationalism’ and used the segment to explain that he understands real Christianity better than Christians.
His documentary is obviously just his latest attempt to demonize conservatives and Trump supporters, yet he tries to suggest that the project is somehow not bashing Christians.
Isn’t it hilarious when people on the far left claim to speak for conservatives and Christians?
Fulton County District Attorney Fani Willis is used to prosecuting high-profile, challenging cases. But as she parried questions about her own personal conduct from the witness stand against the legal teams for defendants her office has accused of election interference, many Black women recognized a dispiriting scene.
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Students in a Seattle English class were told that their love of reading and writing is a characteristic of “white supremacy,” in the latest Seattle Public Schools high school controversy.
Potentially damning text messages detailing when Georgia District Attorney Fani Willis’ affair with Nathan Wade began won’t be considered by a judge when he rules on whether the top prosecutor should be thrown off the Trump election fraud case — in a blow to former president’s case.
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I don’t see the judgment surviving an appeal, that’s for sure. (snip) And so, I think that this latest assault on Trump, rather than filling people with revulsion, will bring many around.
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The Silent Radio: A Third Year Without Rush
18 replies
A third year has passed since the death of Rush Limbaugh. The day of the sad news, millions of people were sensible of a loss. Something they depended on for reassurance, reinforcement, confidence, strength, amusement, and interest was now gone and never would come again.
Limbaugh was an optimist, and optimists are like bonfires. The shivering gathered about him for warmth -- those fearing an awful and incomprehensible transformation in their country, those to whom the triumph of Marxism looked to be inevitable. His listeners had this consolation -- that at the appointed hour the ebullient voice would issue from the radio,
Arab Americans feel 'a bone-deep sense
of betrayal.' And they want Joe Biden
defeated in 2024 18 replies
of betrayal.' And they want Joe Biden
defeated in 2024 18 replies
DEARBORN, Mich. – Mohammad Enayah was asleep when his pinging cell phone alerted him to the message from Gaza. It was 2 a.m. “I hate to tell you this news,” his cousin wrote. Thirty-seven members of his extended family had been killed in an Israeli air strike on a Palestinian refugee camp. Enayah read the first name on the list of victims, his father’s cousin. He scrolled further, then put the phone aside. He couldn’t read on. It would take a week before he would finally make it through the list of those who had died. Enayah would eventually learn
President Trump held another one of his massive political rallies Saturday night in Waterford Township, Michigan.
The rally was held one day after a New York City judge ordered him to pay $355 million to New York State for paying his business loans off on time and with interest. This case could possibly be the start of the end of the United States as we know it if it is not overturned.
The unprecedented lawfare suits against America’s favorite president has not put a dent in his popularity with voters. In fact, it is having the opposite effect.
Blasphemy: University Mixed Purple Glitter
With Ashes on Ash Wednesday for LGBTQ Inclusion 16 replies
With Ashes on Ash Wednesday for LGBTQ Inclusion 16 replies
The LGBTQ community continues to segregate itself while preaching that all it wants is inclusion. If that’s the case, then why continue to attack the values of those who don’t agree with your beliefs?
Ash Wednesday is a sacred day for many Christians. It signals the beginning of Lent, six weeks of repentance and self-denial meant to remind the faithful of Jesus’s forty days of fasting in the desert. For centuries,
(Snip) The LGBTQ community knows and understands how sacred and important the time of Lent is to Christians. Yet one group chose to desecrate that tradition by blending purple glitter in with the ashes.
Biden Once Threatened 'Devastating Consequences'
for Russia if Alexei Navalny Died in Prison 16 replies
for Russia if Alexei Navalny Died in Prison 16 replies
The world was shaken when the death of Russian dissident Alexei Navalny was announced on Friday. After having fought a long, hard, battle against the country’s authoritarian government, his death is a major blow to the fight for freedom worldwide.The question now is, what happens next?
President Joe Biden once told Russian President Vladimir Putin that there would be consequences if Navalny perished in prison. Since this unfortunate scenario has now materialized, it is unclear how the White House will respond.
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You have to read deep into the story to see grocery prices are up 25% since the year 2020. But Pres. Cornpop blames smaller Doritos bags for all the angst.