Stocks fell and global oil prices settled at $100 per barrel for the first time since 2022 as the effective closure of the Strait of Hormuz [due to the war trump started] continued to roil markets.
The major US stock indexes each closed lower by more than 1.5%, extending a recent bout of volatility.
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Quote Originally Posted by fubah2:
The US economy *LOST* 92,000 jobs
HEADLINES March 12 . . .
Stocks take pounding; Oil pushed to $100!
CNN, New York —
Stocks fell and global oil prices settled at $100 per barrel for the first time since 2022 as the effective closure of the Strait of Hormuz [due to the war trump started] continued to roil markets.
The major US stock indexes each closed lower by more than 1.5%, extending a recent bout of volatility.
WASHINGTON (AP) — Chief Justice John Roberts warned Tuesday that personal criticism of federal judges is dangerous and “it’s got to stop,” - two days after Trump called a federal judge who ruled against the administration “wacky, nasty, crooked and totally out of control.”
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Chief Justice rebukes trump!
WASHINGTON (AP) — Chief Justice John Roberts warned Tuesday that personal criticism of federal judges is dangerous and “it’s got to stop,” - two days after Trump called a federal judge who ruled against the administration “wacky, nasty, crooked and totally out of control.”
A Republican-appointed federal judge has ordered that more than 1,000 Voice of America (VOA) employees be reinstated after a Trump administration order effectively dismantled the radio network, triggering mass layoffs.
In two separate rulings made Tuesday, the US district judge Royce Lamberth said that attempts to shut down operations of the US Agency for Global Media (USAGM), an independent federal agency that oversees VOA, are illegal and mandated that employees return to work by 23 March.
Lamberth further instructed the agency to create a plan for how it will return VOA back to the air.
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Court rebukes trump
A Republican-appointed federal judge has ordered that more than 1,000 Voice of America (VOA) employees be reinstated after a Trump administration order effectively dismantled the radio network, triggering mass layoffs.
In two separate rulings made Tuesday, the US district judge Royce Lamberth said that attempts to shut down operations of the US Agency for Global Media (USAGM), an independent federal agency that oversees VOA, are illegal and mandated that employees return to work by 23 March.
Lamberth further instructed the agency to create a plan for how it will return VOA back to the air.
US stocks dipped lower Wednesday afternoon as Federal Reserve Chair Jerome Powell delivered remarks. The Dow was down 720 points
Stocks took a step lower as Powell discussed the Fed’s view of inflation, noting the potential for inflationary impacts from the Middle East conflict [started by trump] as well as some impacts from tariffs [also started by trump].
“The implications of events in the Middle East for the US economy are uncertain,” Powell said. “In the near term, higher energy prices willpush up overall inflation, but it is too soon to know the scope and duration of the potential effects on the economy.”
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Stocks extend losses
as Fed Chair Powell discusses trump's INFLATION
US stocks dipped lower Wednesday afternoon as Federal Reserve Chair Jerome Powell delivered remarks. The Dow was down 720 points
Stocks took a step lower as Powell discussed the Fed’s view of inflation, noting the potential for inflationary impacts from the Middle East conflict [started by trump] as well as some impacts from tariffs [also started by trump].
“The implications of events in the Middle East for the US economy are uncertain,” Powell said. “In the near term, higher energy prices willpush up overall inflation, but it is too soon to know the scope and duration of the potential effects on the economy.”
Dow tumbles more than 750 pts to lowest level of the year!
CNN - US stocks closed lower Wednesday as traders grappled with hotter-than-expected inflation data, spiking oil prices and a Federal Reserve that will hold interest rates steady.
Meanwhile, [because of trump's WAR!] global oil prices moved higher: Brent crude, the international oil benchmark, rose to $107.38 per barrel, its highest level since July 2022.
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Dow tumbles more than 750 pts to lowest level of the year!
CNN - US stocks closed lower Wednesday as traders grappled with hotter-than-expected inflation data, spiking oil prices and a Federal Reserve that will hold interest rates steady.
Meanwhile, [because of trump's WAR!] global oil prices moved higher: Brent crude, the international oil benchmark, rose to $107.38 per barrel, its highest level since July 2022.
Fortune- Trump’s economy was already exploding the national debt before his $1 billion-a-day war in Iran. Analysts warn about what comes next
According to Washington post, pentagon seeks over $200 billion to fund Trump's illegal and unnecessary war while millions of Americans lose healthcare insurance and infrastructure nationwide is falling apart. This is what republicans always do. Start a war. Increase federal debt. Cut taxes for the rich. Tank US economy. But people always vote them back in when democrats cannot fix everything in 4-8 years. Since Trump didn't ask congress to approve his war, request for more funding should be ignored.
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Quote Originally Posted by fubah2:
Fortune- Trump’s economy was already exploding the national debt before his $1 billion-a-day war in Iran. Analysts warn about what comes next
According to Washington post, pentagon seeks over $200 billion to fund Trump's illegal and unnecessary war while millions of Americans lose healthcare insurance and infrastructure nationwide is falling apart. This is what republicans always do. Start a war. Increase federal debt. Cut taxes for the rich. Tank US economy. But people always vote them back in when democrats cannot fix everything in 4-8 years. Since Trump didn't ask congress to approve his war, request for more funding should be ignored.
You put down the right, but the left is just as awful in many different areas...no need to sponsor a disdain for one party when the other party is just as bad....problem is, none of these politicians get us where we need to go....
COVERS allows u to tell someone they are sexually frustrated so long as ur hands are clean
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What did your side do when it was in office?
You put down the right, but the left is just as awful in many different areas...no need to sponsor a disdain for one party when the other party is just as bad....problem is, none of these politicians get us where we need to go....
Quote Originally Posted by fubah2: Fortune- Trump’s economy was already exploding the national debt before his $1 billion-a-day war in Iran. Analysts warn about what comes next According to Washington post, pentagon seeks over $200 billion to fund Trump's illegal and unnecessary war while millions of Americans lose healthcare insurance and infrastructure nationwide is falling apart. This is what republicans always do. Start a war. Increase federal debt. Cut taxes for the rich. Tank US economy. But people always vote them back in when democrats cannot fix everything in 4-8 years. Since Trump didn't ask congress to approve his war, request for more funding should be ignored.
@thirdperson
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Quote Originally Posted by thirdperson:
Quote Originally Posted by fubah2: Fortune- Trump’s economy was already exploding the national debt before his $1 billion-a-day war in Iran. Analysts warn about what comes next According to Washington post, pentagon seeks over $200 billion to fund Trump's illegal and unnecessary war while millions of Americans lose healthcare insurance and infrastructure nationwide is falling apart. This is what republicans always do. Start a war. Increase federal debt. Cut taxes for the rich. Tank US economy. But people always vote them back in when democrats cannot fix everything in 4-8 years. Since Trump didn't ask congress to approve his war, request for more funding should be ignored.
Under trump regime many Americans Are Skipping Meals
And Borrowing Money To Pay For Health Care
P.Skinner-
Research released Thursday revealed that 11% of Americans are skipping meals in order to afford health care.
Republicans allowed the Affordable Care Act’s enhanced premium tax credits to expire at the beginning of the year, forcing Americans enrolled in ACA health care plans to pay higher premiums.
An article from KFF, an independent information organization on national health issues, said that without the enhanced premium tax credits, payments would increase by more than 75%.
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Under trump regime many Americans Are Skipping Meals
And Borrowing Money To Pay For Health Care
P.Skinner-
Research released Thursday revealed that 11% of Americans are skipping meals in order to afford health care.
Republicans allowed the Affordable Care Act’s enhanced premium tax credits to expire at the beginning of the year, forcing Americans enrolled in ACA health care plans to pay higher premiums.
An article from KFF, an independent information organization on national health issues, said that without the enhanced premium tax credits, payments would increase by more than 75%.
M.Gertz - Fox News isn’t bothering to sell the staggering cost of the ill-conceived war President Donald Trump launched against Iran.
Trump’s Fox propaganda wing isn’t engaged in trying to make the case for the $200 billion figure. It has not been mentioned on the programs of Fox stars Laura Ingraham, Sean Hannity, or Greg Gutfeld, or on the panel show The Five.
On Jesse Watters Primetime, guest host Charlie Hurt spent 44 seconds of Thursday’s show accusing Democrats who refuse to support the spending of siding with Iran and against the troops.
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MAGA propaganda network
M.Gertz - Fox News isn’t bothering to sell the staggering cost of the ill-conceived war President Donald Trump launched against Iran.
Trump’s Fox propaganda wing isn’t engaged in trying to make the case for the $200 billion figure. It has not been mentioned on the programs of Fox stars Laura Ingraham, Sean Hannity, or Greg Gutfeld, or on the panel show The Five.
On Jesse Watters Primetime, guest host Charlie Hurt spent 44 seconds of Thursday’s show accusing Democrats who refuse to support the spending of siding with Iran and against the troops.
A Georgia appeals court rules Fulton County can reject GOP election board picks
ATLANTA (AP) — A Georgia appeals court ruled on Friday that the state's largest county doesn't have to appoint two Republican nominees to the county election board, a decision that could tamp down GOP challenges to how elections are administered in predominantly Democratic areas.
The state Court of Appeals found that while elected leaders of Fulton County must appoint two county election board members from nominees provided by the county Republican Party, county commissioners have the freedom to reject names and ask for other choices.
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A Georgia appeals court rules Fulton County can reject GOP election board picks
ATLANTA (AP) — A Georgia appeals court ruled on Friday that the state's largest county doesn't have to appoint two Republican nominees to the county election board, a decision that could tamp down GOP challenges to how elections are administered in predominantly Democratic areas.
The state Court of Appeals found that while elected leaders of Fulton County must appoint two county election board members from nominees provided by the county Republican Party, county commissioners have the freedom to reject names and ask for other choices.
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