Despite endless streams of Fed Speakers proclaiming, in one form or another, that "we are at, or close to, full employment;" many in America - judging by the election of President Trump - are not feeling as exuberant as the jobs data implies they should be. The SF Fed itself now agrees: "the labor market may not be quite as tight as the headline unemployment rate suggests."
The CEO of Starbucks has been forced to quit as stockholders at the coffee giant pushed him out following his failed liberal policy of hiring 10,000 refugees. Howard Schultz believed he could impose a policy [...]
A 39-year-old transgender who was born male has won her first international women’s weightlifting title in Australia. Former male Laurel Hubbard has broken four national records by winning gold at the Australasian Championships in Melbourne. [...]
Appearing on Meet the Press earlier this morning with the always condescending, well at least if he's interviewing a Republican guest, Chuck Todd, the Director of the Office of Management and Budget, Mick Mulvaney, said there's no hope of achieving a balanced budget this year. Of course, that should hardly come as a surprise to almost anyone other than the suddenly fiscally conservative Chuck Todd.
Following the Trump administration's recent federal illegal immigration crackdowns, organizers have canceled El Carnaval de Puebla, a major Cinco De Mayo celebration in Philadelphia.
This week, ICE announced that 248 people in Pennsylvania, Delaware and West Virginia are now in federal custody awaiting deportation after a two-week sweep.