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“#American optimism drops 20 points to mark Biden’s six months in office” The honeymoon is officially over. Americans’ optimism about the country’s direction has plummeted almost 20 points since the spring. Sadly, that’s a rational reaction to President Joe Biden’s first six months. It’s not just that the public gives the prez low marks on…
“# IMF issues veiled warning against El Salvador’s Bitcoin law ” The International Monetary Fund is warning that some of the consequences of a country adopting Bitcoin as a national currency “could be dire.” According to IMF marketing department financial counsellor and director Tobias Adrian and legal department general counsel and director Rhoda Weeks-Brown, a…
“#American Airlines warns pilots of nationwide fuel shortages” American Airlines on Monday reportedly warned pilots of fuel delivery delays at midsize airports across the country and asked pilots to conserve gas when possible. “American Airlines station jet fuel delivery delays initially affected mostly western U.S. cities, but are now being reported at American stations across…
“#Biden’s inflation-boosting spending will undo policy goals” “Inflation would eventually undo the good things the government is trying to do.” Will President Biden’s $4.2 trillion, 10-year spending package cause inflation? The number to look at isn’t the consumer price index, which is up 5.4 percent over the year, twice as high as the average 2.1…
“#New York will be buzzing with union jobs thanks to pot industry” Union jobs in New York are about to be so dope. Thousands of well-paying gigs — with great benefits to boot — are on the horizon in the state, thanks to the recent legalization of recreational marijuana, labor leaders tell The Post. The…
“# Bitcoin price weekly outlook: BTC bulls await breakout above 50-day EMA ” A four-day winning streak brought the Bitcoin (BTC) prices closer to testing its 50-day exponential moving average (~$35,115) as resistance. The wave, which was instrumental in strengthening Bitcoin’s bullish bias across 2020 as support, flipped to become a resistance during the May…
“#American labor crisis has hit all small businesses on this street” PITTSBURGH — It’s 4:30 in the morning and Raymond Mikesell’s alarm has gone off. Within an hour, as the first rays of pink and orange morning light reflect off the skyscrapers in the city, Mikesell is at his restaurant Café Raymond in the Strip…
“#Tourism struggles in NYC are keeping inflation at bay” The sluggish recovery of New York City tourism offers one bright spot — it appears to be keeping some costs that have spiked nationwide in check in the Big Apple. In cities across the country, higher prices for airfare, hotels, restaurants, car rentals and other items…
“#CNN’s desperation, BLM’s new low and more” Diary of disturbing disinformation and dangerous delusions: This headline from July 14, 2021: Inflation has risen during President Biden’s tenure but CNN tried to paint a rosier picture.NY Post composite We say: The left is desperate for good economic news to protect President Joe Biden and Democrats’ congressional…
“# DoubleLine CEO sees Bitcoin buy moment at $23K, predicts US dollar will drop ‘pretty substantially’ ” Jeffrey Gundlach, the CEO of investment management firm DoubleLine, implied that Bitcoin could see more favorable activity in the long term than that of the U.S. dollar. In a Wednesday interview on CNBC’s Halftime Report, Gundlach said he…