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Newsom gives pep talk to DNC staff: ‘Worry less’: report
President Biden’s campaign held an all-hands conference call on Monday with Democratic National Committee staffers, hoping to address collapsing morale, according to a report. The Biden team is reportedly holding the events to tamp down concerns among the staffers with pep talks from DNC superstars as widespread criticism and calls to step down from both […]
U.S. Job Market Surges: September Payroll Exceeds Expectations
The Labor Department’s payroll report revealed remarkable strength in the United States job market, with 254,000 new jobs created in September. This figure surpassed market expectations, which had predicted only 147,000 new positions. September’s job growth marked a significant increase from August’s 142,000 new positions. The unemployment rate slightly decreased from 4.2% to 4.1%, with […]
U.S. Industrial Production Falls 0.3% in September
The Federal Reserve reported a 0.3% decline in US industrial production for September 2024, reversing August’s 0.3% gain. This drop exceeded analysts’ expectations of a 0.2% decrease. Two major factors contributed to this decline. A strike by Boeing aircraft machinists impacted production by an estimated 0.3%. Additionally, Hurricanes Helene and Milton caused disruptions, accounting for […]