AUSTIN, Texas — In a joint session of the Texas Legislature Thursday afternoon, Texas Governor Rick Perry delivered what was not only his final official speech as Governor, but laid out the blueprint for his expected presidential campaign. As predicted, Perry prominently featured
Sen. Jeff Sessions (R-AL) is explaining what he thinks the Republican Party position on immigration should be in a 25-page document delivered to all Republican members of Congress and all their key staffers on Capitol Hill. “‘Immigration reform’ may be the single most abused phrase in the English language. It has become a legislative honorific almost exclusively reserved for proposals which benefit everyone but actual American citizens,” Sessions writes in the introduction.
As the President’s State of the Union speech nears, he is launching trial balloons right and left–mostly left–to see what might prove a hit for his annual night of big policy initiatives. Some of the proposals on deck are cyber security and Internet proposals, two years of “free” community college, and changes in the way people qualify for homeownership.
President Obama touted his successes in economic growth, increasing the number of insured under the Affordable Care Act, and cutting the deficit during his weekly address on Saturday. Transcript as Follows: “Hi, everybody. About a year ago, I promised that
After six years of Obamanomics, Federal Reserve Chair Janet Yellen is still citing “stagnant wage growth as a sign of continued problems in the labor market,” and the immediate future isn’t looking much better.
A record 92,898,000 Americans 16 years and older did not participate in the labor force last month, according to data released by the Bureau of Labor Statistics. While the level of labor force participation declined — due not only to potentially discouraged workers but also baby boomers hitting retirement age — the BLS reported Friday that in December the unemployment rate declined to 5.6 percent and payroll jobs increased by 252,000.
A study finds that 3 in 5 Americans are living so close to the vest that they don’t have enough money put aside for emergency spending.
People in Japan are so averse to romantic relationships that the country’s media even has a name for it: sekkusu shinai shokogun, or “celibacy syndrome,” according to a widely circulated Guardian story on the country’s low rates of marriage, childbearing and even sex.
As a general rule, conservatively-run states have a far lower cost of living than do liberal states and this lower cost of living greatly benefits the people who pay rent, buy food, and contract for service — a fact that is frequently glossed over by partisans who favor larger government as well as many analysts.
King Midas lusted after it. The Incas worshipped it. Shiny flakes of it set off a 19th-century rush to California and ship captains never stop looking for it at the bottom of the sea. While gold has ignited passions for centuries, for today’s investors, it seems, the metal has been losing its allure.
On Friday’s “McLaughlin Group,” Mort Zuckerman predicted economic growth between 2-2.5% for the next several years, which he dubbed “a very weak recovery.” “The economy is going to grow at somewhere between 2 and 2.5% for the next several years.
The recent plunge in gas prices has been welcome relief for many, but today’s price at the pump still isn’t what it used to be in nominal and inflation-adjusted real terms, reports the Wall Street Journal.
On Thursday’s broadcast of NBC’s “Today,” CNBC “Mad Money” host Jim Cramer forecasted 2015 to be an improvement for the American economy, with the possibility of pitfalls abroad being the only thing to interfere. “This is a year where the
The Hong Kong protests ended in mid-December, but the protestors vowed that they would be back. The protests in Hong Kong in 2014 were in reaction to China’s move to reign in on democracy in the region by mandating that candidates for future elections of the Chief Executive (Hong Kong’s Top Leader) be vetted first by China.
(Reuters) With concerns over the Euro Zone economy shifting from peripheral to core member states in 2014, can the ECB rescue prospects for a better 2015 with a hotly-awaited programme of QE? David Pollard reports. Follow Breitbart London on Twitter
Anyone old enough to recall the Bush presidency might remember that the media used to be very, very concerned about “burger-flipper jobs,” median wages, and career quality. Bush’s fantastic unemployment rates were supposed to be marred with a big fat asterisk because too much job growth was occurring in low-wage, dead-end service industry jobs.
On Monday’s broadcast of Bloomberg Television’s “With All Due Respect,” Bloomberg Washington correspondent Josh Green discussed the politics of an improving economy with co-host John Heilemann. According to Green, the direction of the economy will not only have an impact on President
The news that U.S. GDP expanded at 5% is welcome indeed—and confirms the bullish outlook that many of us at Breitbart News have shared for the past several years. At the same time, the economy remains tough in many respects.
On Tuesday, the Commerce Department released revised GDP figures that showed third quarter growth at 5%, the strongest third-quarter growth in eleven years.
Former Russian finance minister Alexei Kudrin said on Monday that the Russian economy has entered a vicious downward spiral as Russia’s energy-centric economy continues to suffer from falling oil prices, Western economic sanctions, and a severely weakened ruble. “Today, I
AUSTIN, Texas — During its last session nearly two years ago, the Texas Legislature passed groundbreaking reforms to allow the state’s craft breweries greater freedom to operate. But thanks to a little-noticed provision slipped into the bill, that freedom may
The U.S. economy can handle higher interest rates, and the Federal Reserve’s policymaking committee has signaled such a move is likely by summer. The Fed has kept short term borrowing rates near zero since December 2008 to support recovery from
