President Joe Biden said after the June jobs report: “Our economy is on the move.” Biden was referring to the Department of Labor report released July 2 which said that job growth in June was […]
The May unemployment report wasn’t much better than the April disaster. Business news site CNBC summed it up: “Job creation disappointed again in May, with nonfarm payrolls up what normally would be considered a solid […]
In Capital, Karl Marx wrote about the laws of capitalism and the ruthless capitalist competition for greater profits. In the drive to increase profits, capitalists try to reduce their costs by increasing productivity through the […]
The New York Times has called the Biden presidency “an echo of Franklin Roosevelt.” Today, support for labor unions is broader and more widespread than at any time in the last five decades, including support […]
No matter how you look at it, the Labor Department’s April jobs report is miserable — unless you’re on Wall Street. The stock market hit record highs after the report was released. Business Insider reported, […]
On April 16, U.S. President Joe Biden and Japanese Prime Minister Yoshihide Suga, the first foreign leader to visit the Biden White House, issued a joint statement lashing out at China. The statement, which covers […]
U.S. President Joe Biden said at his first major news conference that North Korea was a top foreign policy crisis for his administration, and that Washington would “respond accordingly” if Pyongyang continued to carry out […]
How crazy is the stock market? The stock of the totally bankrupt Blockbuster Video chain store — all stores closed in 2014 — surged more than 700% on Jan. 26. The stock of AMC, the […]
Make no mistake about it: Trump and the Pentagon played key roles in the Jan. 6 coup attempt at the Capitol in Washington, D.C. The Pentagon was deeply involved. Members of the U.S. military, both […]
“Wall Street sets new highs to end 2020,” the Associated Press reported on Jan. 1, 2021. “Wall Street closed out a tumultuous year for stocks with more record highs on Thursday, a fitting coda to […]
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