Author: superadmin

We had assumed the Fed would be doing all they can to help Kamala Harris in her contest with Trump. A rate cut in September, a full two months before the election will serve that purpose allowing the media and Kamala to take credit for any expected short term ‘boom’. The Federal Reserve has set the stage for a potential interest rate cut in September, following the conclusion of its two-day meeting. However, this anticipated reduction may offer minimal relief to Americans grappling with high borrowing costs. Fed Chair Jerome Powell indicated that a rate cut could be “on the…

Read More

Recently, several food recalls have been issued due to contamination risks and health hazards. The U.S. Bureau of Labor Statistics’ latest data shows that the average expenses for people aged 65 and older were $52,141 a year, with around $6,490 dedicated to grocery purchases. Many retirees find it challenging to manage their budget, often skipping certain grocery items or opting for cheaper alternatives. A significant concern involves Boar’s Head and Old Country deli meats linked to a Listeria monocytogenes outbreak. Over 30 hospitalizations have been reported, with symptoms including fever, muscle aches, nausea, and in severe cases, convulsions. Affected products…

Read More

Amazon’s stock took a significant hit, falling 8% in afternoon trading Friday, following a forecast for the current quarter that failed to meet expectations on both revenue and profit margins. This downturn was exacerbated by a weak July jobs report, which negatively impacted the tech sector and broader market. Amazon stock tumbles 11% as profit, revenue outlook disappoints https://t.co/8eZoKV0KvN — Kamal Mustafa ✪ (@MeKamalMustafa) August 2, 2024 For the third quarter, Amazon projected sales to fall between $154 billion and $158.5 billion, slightly below the analyst forecast of $158.43 billion as per Bloomberg data. Additionally, its expected operating income range…

Read More

In an unexpected twist, state Attorneys General from multiple states have launched investigations into ActBlue, a leading Democratic political action committee, amid alarming reports of fraud and money laundering. Investigative journalist Parker Thayer, among others, uncovered perplexing donation patterns that prompted intense scrutiny. 🚨Virginia AG Miyares sends demand letter to ActBlue about money laundering allegations Wants a responsive summary by August 12 Now THIS is the action we expect from our law enforcement officials More Attorneys General need to do the same and help unravel this national money… https://t.co/XYtuLxCpTy — DC_Draino (@DC_Draino) August 2, 2024 Thayer, collaborating with the Capital…

Read More

NASA’s Perseverance rover has discovered a rock on Mars that may have once hosted microbial life. The rock, nicknamed Cheyava Falls, has chemical compositions and structures that could have been formed by ancient life, although non-biological processes cannot yet be ruled out. The search for extraterrestrial life is as much about basic biology, geology, and chemistry as it is about seeking to understand our place in the universe. This quest came into the spotlight last month when NASA’s Perseverance rover found a rock with features and chemistry that could have been produced by ancient microbial life on Mars. NEWS |…

Read More

Elon Musk’s SpaceX has been a success for America and the human race. SpaceX launched another batch of its Starlink satellites to orbit early Friday (Aug. 2), continuing the company’s bounce-back from a July 11 failure. A Falcon 9 rocket topped with 23 Starlink craft lifted off from NASA’s Kennedy Space Center in Florida on Friday at 1:01 a.m. EDT (0501 GMT). SpaceX has launched its 74th mission of the year 🚀 ✅ The first stage Falcon 9 B1078 landed on the ASOG platform after its 12th flight ✅ 23 Starlink satellites deployed in orbit ✅ Successful launch of the…

Read More

The U.S. Bureau of Labor Statistics’ recent data reveals that the average annual expenses for individuals aged 65 and older are $52,141, translating to $4,345 per month. Approximately $6,490 of this is dedicated to groceries, which equals about $541 per month. Retirees like George Yang, who has a slightly higher budget of $6,500 per month, find ways to manage their expenses smartly by making strategic choices at the grocery store. Yang, a 60-year-old retiree, derives his income from investment returns, pension, and retirement accounts, including an IRA and a 401(k). Here’s a thought: tracking your food intake is like giving…

Read More

No one is fooled as the FBI investigates how fellow Deep State actors in the SS looked the other way as President Trump was shot. The U.S. Secret Service and FBI have responded to a video recorded by James Copenhaver, a victim wounded in the July 13 attempt on former President Trump’s life, showing a mysterious figure moving across the roof from which gunman Thomas Crooks fired. The Secret Service and FBI are investigating a video of a July 13 assassination attempt on Trump. The US Secret Service and FBI are looking into a video captured by James Copenhaver, one…

Read More

Apple reported impressive fiscal third-quarter earnings on Thursday, surpassing Wall Street’s projections with a 5% increase in overall revenue. Despite the strong performance, shares remained stable in after-hours trading. Apple $AAPL reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations, with overall revenue rising 5%. Apple shares fell over 1% in extended trading. pic.twitter.com/3A3ICS7I9Q — CommSec (@CommSec) August 1, 2024 Quarterly Performance Highlights: Earnings Per Share (EPS): Apple achieved an EPS of $1.40, exceeding the anticipated $1.35. Revenue: The company’s revenue hit $85.78 billion, surpassing the estimate of $84.53 billion. Product-Specific Revenue: iPhone: $39.30 billion, above the $38.81…

Read More