Showing posts with label CNBC. Show all posts
Showing posts with label CNBC. Show all posts
Tuesday, July 8, 2025

$30 billion is not jet fuel for the economy

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  ‘Big beautiful bill’ may help some seniors on Social Security. But it doesn’t eliminate taxes on benefits  ... The new additional senior d...

Trump again reverses course on Ukraine out of the blue

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He cuts their weapons, he sends them weapons. He cuts their weapons, he sends them weapons.   Trump says U.S. will send more weapons to Ukra...
Monday, July 7, 2025

When relying on technology in Flash Flood Alley lets you down

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 Girls camp grieves loss of 27 campers and counselors in Texas floods that killed nearly 90 people ... Operators of Camp Mystic, a century-o...
Sunday, July 6, 2025

If it hasn't been jet fuel since 2017, it won't be now

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Real GDP has been 2.43% compound annual 1Q2017 through 1Q2025. And that includes all the obscene pandemic spending. This isn't even clos...

U. S. House GOP majority declines to 219-212 as Mark Green of TN-7 resigns, as expected

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  Story . Democrats are down three seats temporarily due to deaths. 
Saturday, July 5, 2025

Billionaire becomes homeless

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 Welcome to the club, bub. OpenAI CEO Sam Altman says he’s ‘politically homeless’ in July 4 post bashing Democrats  
Wednesday, July 2, 2025

CNBC also is wondering where the fuel comes from for future GDP under the Trump tax cuts since they are already not cutting it lol

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House GOP can't agree to proceed to debating Senate reconciliation bill, vote stands at 206 Yea, 216 Nay (4 GOP against), with 10 GOP not voting

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Yikes.  Even if all not voting GOP vote Yea, there's a tie. Not good enough. And moments ago Thomas Massie changed his Yea to Nay lol.  ...

S&P 500 closes at another new high today

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Jobs going bye-bye in the news

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  Microsoft laying off about 9,000 employees in latest round of cuts   The private sector lost 33,000 jobs in June, badly missing expectatio...

Every major bank passes stress test from the US Federal Reserve

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507 banks failed in the United States 2008-2014 inclusive, costing the Deposit Insurance Fund nearly $90 billion. Many millions of homes we...

Ukraine suffered its largest attack yet from Russia, Trump's response is to cut weapon shipments while dithering yet another two weeks on his Putin ultimatum

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Trump is a detestable, amoral fiend. Pentagon halts weapons shipment to Ukraine amid concerns over U.S. stockpile ... The weapons being dela...

Senate reconciliation bill gives chipmakers like TSMC more tax credits while cutting Medicaid

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  Chipmakers get larger tax credits in Trump’s latest ‘big beautiful bill’    ... Under the bill, passed by the Senate Tuesday, tax credits ...
Tuesday, July 1, 2025

The US Senate's biggest phony, Republican Senator Ron Johnson of Wisconsin, boasted he had enough votes to stop Trump's bill, but voted for it all three times in the end

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    The roll call votes are here , here , and here . June 4, 2025, here : Republican Sen. Ron Johnson on Wednesday blasted President Donald ...
Saturday, June 28, 2025

Trump administration fails to intimidate Canada, goes Galt and ends trade talks

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  Trump ends all U.S. trade talks with Canada over digital services tax             ... The first payments from Canada’s digital services ta...

S&P 500 closed at a record of 6,173.07 on Friday 27 June 2025

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  S&P 500 closes at a record Friday, overcoming even more trade angst

Trump is the Uniparty, floats an Iran policy similar to Obama's

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  Trump administration exploring $30 billion civilian nuclear deal for Iran   ... The potential deal would mark a major reversal in policy f...
Friday, June 27, 2025

Daddy's inflation

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Wednesday, June 25, 2025

Federal Reserve floats proposal to ease bank capital requirements which were increased in the wake of the Great Financial Crisis of 2008, Fed Governors Kugler and Barr in opposition

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  Divided Fed proposes rule to ease capital requirements for big Wall Street banks   ... The Fed board put the proposal open for a 60-day pu...
Saturday, June 21, 2025

The U.S. Senate parliamentarian still has not ruled on the GOP's wacky current policy vs. current law baseline

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The current policy is the temporary Trump tax cuts from 2017.  The current law is the tax compromise worked out by Barack Obama and John Boe...