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The economic recovery gained momentum in the spring as buoyant consumer spending and resurgent business investment helped, once again, to keep a recession at bay. Gross domestic product, adjusted for inflation, rose at a 2.4 percent annual rate in the second quarter, the Commerce Department said Thursday. That was up from a 2 percent growth rate in the first three months of the year and far stronger than forecasters expected a few months ago. Consumers led the way, as they have throughout the recovery from the severe but short-lived pandemic recession in 2020. Spending rose at a 1.6 percent rate,...

The floundering Walt Disney Company’s Disney+ streaming service is expected to record a $800 million third-quarter loss. That’s nearly a billion dollars lost in a single quarter. I tell ya, Disney’s slow-motion collapse is more entertaining than anything these child predators have created in years. Apparently, grooming little kids doesn’t pay. Who knew? In better news, Disney stock took a dive after it was announced disgraced CEO Bob Iger extended his contract to 2026. The smart money knows Groomer Bob is not good for business. Wanna good laugh? The Disney sycophants in the corporate media have been portraying these massive...

The U.S. economy was much stronger in the first quarter of 2023 than it initially seemed, according to data released Thursday by the Commerce Department. U.S. gross domestic product (GDP) grew at an annualized rate of 2 percent in the first quarter, according to revised data released Thursday, far faster than the 1.3 percent annualized growth rate estimated by government officials earlier this year. The first-quarter growth rate has been revised substantially higher from the 1.1 percent annualized rate first reported by the Bureau of Economic Analysis earlier this year. The revision is much bigger than what is normally announced...

LOS ANGELES — As a 14-year-old girl, the daughter of immigrants in this city’s Chinatown, Anna May Wong talked her way into her first role in a movie. Over the decades-long career that followed, she rose to become the first Asian American film star in Hollywood. When Wong died in 1961, The New York Times called the actress, known for her large, expressive eyes and flapper-era styles, “one of the most unforgettable figures of Hollywood’s great days.” Now Wong is gaining another coveted role — on the quarter. Part of a new effort that also put writer Maya Angelou and...

JULY 29, 2022 The INITIAL GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the THIRD quarter of 2022 is 2.1 percent on July 29. APRIL 29, 2022 The INITIAL GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the SECOND quarter of 2022 is 1.9 percent on April 29

Sen. Lisa Murkowski’s (R-Alaska) campaign announced on Thursday that she raised over $1.5 million in the first quarter of 2022, leaving her campaign with $5.2 million in cash-on-hand. Murkowski is among a handful of Republicans fighting for reelection against a Trump-backed primary challenger.

President Biden spent 28 percent of his first year as commander in chief back home in Delaware, worrying transparency advocates who note that he exempted his homes from visitor log disclosure. Biden, who returns to the White House on Monday night from his house in Wilmington, simply likes being home, his press representatives say.

Cheney raises $1.7 million in third quarter © AFP/Pool Rep. Liz Cheney (R-Wyo.) raised $1.7 million in the third quarter of 2021 as she faces off against a Trump-backed primary challenger in her reelection bid. The quarterly fundraising haul is the second largest she has ever raised for a three-month period, just shy of her personal $1.9 million record, which she achieved in the second quarter of 2021. Cheney’s campaign said she finished the quarter with nearly $3.7 million in the bank, having raised over $5 million in total this year.

A study of adults in Switzerland who had contracted COVID-19 found that a quarter of them still had symptoms for six to eight months following their illness. Fatigue, shortness of breath and depression were the most common long-term symptoms reported among the group, which the study authors said highlights the need for post-COVID-19 care. “This cohort study based on a representative, population-based sample of SARS-CoV-2 infected individuals found that 26 percent did not fully recover within 6-8 months after diagnosis and 40 percent had at least one further health care contact related to COVID-19,” the study authors, from University of...

The United States Mint last month announced that poet and civil rights activist Maya Angelou and NASA astronaut Sally Ride will be the first two women featured on the quarter as part of the American Women Quarters program. Twenty women will be featured on quarters through 2025, with up to five women honored per year as a result of the Circulating Collectible Coin Redesign Act of 2020.

Keep an eye out for a shiny new quarter with a raised image of fruit bats and be careful not to let the coin fly out of your wallet or pocket. As part of the U.S. Mint's America the Beautiful Quarters Program, the new National Parks quarter dollar celebrates American Samoa and on the relief features a mother fruit bat and her pup hanging upside down.

Come on all you lurkers and posters, make your quarterly contribution ASAP and turn the bar green! It has been sitting in low 90% far too long.

EPS grew by 40 percent year-over-year, and revenue grew by 17 percent year-over-year. The 41.3 million iPhones shipped during the third quarter is basically flat from the year-ago period, but the ASP of $724 is a notable jump. The quarterly report comes after a market rout for major tech stocks. Apple reported strong third-quarter results Tuesday, posting big beats on earnings per share and average iPhone selling price. Here's how the company did compared with Wall Street projections: EPS: $2.34 vs. $2.18, according to Thomson Reuters consensus estimates Revenue: $53.3 billion vs. $52.34 billion, according to Thomson Reuters consensus estimates...

For the most part, reporting on 2nd quarter growth has been pretty decent. But I haven’t seen clear explanations of why one quarter’s growth tells us so little about longer-term growth prospects. I’m sure that reporters get it; maybe they assume that readers already know (a very bad assumption), or maybe they’re afraid of sounding too technical. But anyway, it seems as if there’s a gap worth filling; so here it comes. The key point when you look at real GDP is that the economy’s actual output depends both on its capacity – the amount it is capable of producing...

1st Quarter 2018 Results are just starting to be reported for US companies and expectations are that because of President Trump’s economic measures, the ‘bottom line’ or net profits for these companies will be the best 1st Quarter results ever! 2017 was a very good year for the Dow, S&P 500 and all the major US stock indices. The Dow set numerous records such as having 70 all- time highs by year’s end.  President Trump’s first year in office was arguably the best year ever for the Dow. (See our summary of year-end results including the Dow).As a result of...

The U.S. economy unexpectedly maintained a brisk pace of growth in the third quarter. An increase in inventory investment and a smaller trade deficit offset a hurricane-related slowdown in consumer spending and a decline in construction. Gross domestic product increased at a 3.0 percent annual rate in the July-September period after expanding at a 3.1 percent pace in the second quarter The U.S. economy unexpectedly maintained a brisk pace of growth in the third quarter as an increase in inventory investment and a smaller trade deficit offset a hurricane-related slowdown in consumer spending and a decline in construction. Gross domestic...

"If I win, I am going to instruct my Attorney General to look into your situation. Because there's never been so many lies, so much deception" "It's awfully good that someone with the temperament of Donald Trump is not in charge of the law in our country " "Because you'd be in Jail!"

"If I win, I am going to instruct my Attorney General to look into your situation. Because there's never been so many lies, so much deception" "It's awfully good that someone with the temperament of Donald Trump is not in charge of the law in our country " "Because you'd be in Jail!"

Actually, the word camerata means comrade, but specifically refers to Mussolini’s fascists: “Other posters depicting a Palestinian throwing a rock towards an Israeli tank were attached on walls in Cola di Rienzo street, in the leafy Prati neighbourhood. The latter was accompanied with a Celtic cross and the slogan ‘Each Palestinian is a camerata [the Italian word for members of Mussolini's fascist movement] Same enemy, same barricade.’” In the West, Leftists and Islamic supremacists like to smear opponents of jihad terror as fascists, but this shows yet again that the real fascists are on their side. “Gaza Crisis: Rome’s Historic...