The U.S. Federal Reserve’s favorite measure of inflation showed prices rose at a 2.1-percent annual rate in April, next door to the Fed’s long-held 2-percent target rate.
Author: admin
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U.S. ECONOMY SHRINKS 0.2 PERCENT IN FIRST QUARTER
The American economy contracted by 0.2 percent in 2025’s first quarter, compared to 2.4 percent growth in 2024’s final three months. It was the first quarterly contraction since 2022.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Elon Musk resigned as a special government employee with the Department of Government Efficiency last week, coinciding with the end of his 130-day term.
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BIDEN ADMINISTRATION IDENTIFIED SOME COVID-19 VACCINE CRITICS AS ‘DOMESTIC VIOLENT EXTREMISTS’, ACCORDING TO DECLASSIFIED DOCUMENT
The U.S. Director of National Intelligence Tulsi Gabbard declassified a Biden-era document that identified some critics of the experimental COVID-19 jab and mask mandates as “Domestic Violent Extremists.” The document’s release was in response to a Freedom of Information request by journalist Catherine Herridge, who noted on X that the papers seem to “draw a......
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PETER THIEL’S PALANTIR WILL HELP TRUMP DEVELOP PLATFORM CONTAINING DATA ON MILLIONS OF AMERICANS
The Trump administration will use Peter Thiel’s Palantir to help it smooth out how government agencies share data on millions of Americans, raising privacy concerns given the company’s deep ties to the CIA and Israel’s military.
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GWU STUDENT FACES THE WRATH THAT COMES WITH SPEAKING OUT AGAINST GENOCIDE
The decision by George Washington University to ban a student from campus after she spoke out about the Gaza genocide during a graduation ceremony was criticized by the school’s International Youth and Students for Social Equality group that said it is in “full solidarity with all students facing repression.”
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TRUMP’S SONS TALK AT BITCOIN CONFERENCE, TAKE AIM AT TRADITIONAL BANKS
Eric Trump and Donald Trump Jr., were two of the marquee guests at last week’s bitcoin conference in Las Vegas and spoke about the promise of cryptocurrencies—just as their family has taken a major stake in the industry that has raised ethical concerns.
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TRUMP’S MEDIA COMPANY ANNOUNCES PLAN TO RAISE $2.5B TO BUY CRYPTO
Trump Media & Technology Group announced last week that it struck a deal to raise $2.5 billion in capital to buy cryptocurrencies as U.S. President Donald Trump and his family continue to increase their exposure to bitcoin and other digital currencies.
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UKRAINE CARRIES OUT MAJOR DRONE STRIKE ON RUSSIAN AIR BASES BEFORE TRUCE NEGOTIATIONS
Ukraine carried out a major drone operation on Russian airfields on Sunday in an attack codenamed Spiderweb, in what some pro-Russian bloggers called Moscow’s “Pearl Harbor.”
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