Month: July 2022

US Economy Slips Into Technical Recession as Inflation Weighs on Growth

The U.S. economy is in a technical recession as the GDP growth rate fell 0.9 percent in the second quarter, according to the Bureau of Economic Analysis (BEA). The market had penciled in a gain of 0.5 percent during the April-to-June span. With the GDP falling 1.6 percent in the first quarter, this represented two…


This Is It

Commentary The vote is all an American conservative has got. That’s the painful reality that faces anyone resistant to the woke revolution that has overcome nearly all major institutions in American life. The facts are simple. Liberals control the schools and universities. They control Hollywood and Silicon Valley, most of the media and publishers, the…


Earthquake of Magnitude 5.5 Strikes Near Coast of Nicaragua: EMSC

An earthquake of magnitude 5.5 struck near the coast of Nicaragua on Thursday, the European Mediterranean Seismological Centre (EMSC) said. The quake was at a depth of 64 km (40 miles), EMSC said. Its epicentre was 15 km south-west of Chinandega. …


US, Ukraine Sign New Agreement Expanding Cybersecurity Cooperation

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) and Ukraine’s cybersecurity agency signed an agreement this week aimed at bolstering collaboration between the two nations on shared cybersecurity priorities, CISA said. CISA’s signing of the Memorandum of Cooperation (MOC) with the Ukrainian State Service of Special Communications and Information Protection of Ukraine (SSSCIP) aims to strengthen cooperation between…


JetBlue Strikes Deal to Buy Spirit Airlines to Create 5th Biggest US Carrier

JetBlue Airways has struck a deal to buy Spirit Airlines in a transaction valued at $3.8 billion, laying the foundation for the creation of a low-fare challenger to the dominant Big Four U.S. airlines. The companies jointly announced on July 28 that their boards have given the green light to a definitive merger agreement, which came hours…


JetBlue Strikes Deal to Buy Spirit Airlines to Create 5th Biggest Low-Cost Carrier

JetBlue has struck a deal to buy Spirit Airlines in a transaction valued at $3.8 billion, the two companies said in a joint statement, laying the foundation for the creation of a low-fare challenger to the dominant big four U.S. airlines. JetBlue Airways Corporation and Spirit Airlines, Inc., announced on July 28 that their boards have…


[Premiering 10:30 AM ET] Sheriffs Launch Movement to Investigate ‘2000 Mules’ Election Fraud Evidence: Richard Mack

A group of sheriffs is launching an initiative to review and investigate evidence of election fraud shown in the film “2000 Mules” by Dinesh D’Souza. The sheriffs are part of the Constitutional Sheriffs and Peace Officers Association (CSPOA) and could bring criminal charges, depending on their findings. We speak with Richard Mack, former sheriff of…


Oil Extends Gains as Risk Appetite Improves, US Inventories Fall

LONDON—Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite among investors as lower crude inventories and a rebound in gasoline demand in the United States supported prices. Brent crude futures for September rose $1.65, or 1.55 percent, to $108.27 a barrel by 1034 GMT,…


Rep. Comer Demands Answers From Hunter Biden’s Financial Adviser

The top Republican on the House Oversight Committee is pressing financial adviser Edward Prewitt on Hunter Biden’s allegedly suspicious foreign activities that have been flagged by U.S. banks. “More than 150 transactions from the Bidens’ business dealings have been flagged by U.S. banks through filings of Suspicious Activity Reports (SARs) to the Financial Crimes Enforcement…


Shares Take Breather After Fed Rally, Dollar Slips on Yen

LONDON—World shares consolidated a 6-week high on Thursday as investors scented a possible slowdown in the pace of U.S. rate hikes that had comforted bond markets and sent the dollar to a three-week low on the yen. Europe made an upbeat start as record-busting $11.5 billion profits from oil giant Shell sent commodities shares soaring,…