A lawyer who represented Covington Catholic student Nicholas Sandmann in his defamation lawsuits said he has joined Kyle Rittenhouse’s legal team, stating there will be at least ten suits filed against companies and prominent figures. “I’ve been hired to head the effort to determine whom to sue, when to sue, where to sue,” Todd McMurtry,…
Sandmann Lawyer Joins Kyle Rittenhouse Team, Says Mark Zuckerberg a ‘Top’ Target
June 2, 2022
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Big Tech, Censorship, and SocialismBusiness & Economycancel cultureCompaniesFeatured TopicsJudiciaryKyle RittenhouseMedia & Big TechUSUS NewsWisconsin
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US Jobless Claims Fall as Labor Market Remains Tight
There was a decline in the number of Americans filing for new unemployment benefit claims for the week ending May 28, according to latest data from the U.S. Labor Department. The advance figure for seasonally adjusted initial claims was 200,000, down 11,000 from the previous week’s revised total of 211,000. The four-week moving average was 206,500…
Oil Prices Rise as OPEC+ Meets to Discuss Production
June 2, 2022
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Business & Economycommoditieseconomic policieseconomyEuropeMarketsOPECRussian Oil Tradesanctions on RussiaUSWorld
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Brent crude oil prices rose as OPEC+ members met Thursday to discuss production policy for July amid a decline in Russian output. The oil market kept a close eye on the meeting, which includes the 13 Organization of the Petroleum Exporting Countries (OPEC) nations and 10 non-OPEC partners, including Russia. August futures of Brent crude, the…
Lumber Prices Crash Amid Elevated Home Prices
Lumber prices have drastically fallen this year as the industry grapples with the consequences of high home prices. Lumber is trading at $608.6 per thousand board feet as of June 1, which is over 54 percent below the Jan. 13 peak of $1,329. Kevin Mason, managing director of ERA Forest Products Research, believes that lumber…
Biden Has No Workable Plan for Inflation
The White House has struggled mightily to convince people that it can do something about inflation. Handlers finally decided to go straight to Wall Street with its message. This might have been an even worse idea. The results reveal not one word about the real problem and the supposed solutions are strangely disconnected from any…
Japan Study Shows Women More Likely to Get Skin Rash From Moderna Shot
June 2, 2022
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Asia & PacificBrightBusiness & EconomyCCP VirusCompaniesCovid NewsCOVID-19healthHealth NewsJapanModernaskinstudyVaccines & SafetywomenWorld
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TOKYO—A study in Japan found that women were significantly more likely than men to develop rash-like side effects after a first dose of Moderna Inc.’s COVID-19 vaccine. The study of 5,893 participants between May and November last year showed that 22.4 percent of women developed delayed skin reactions after the first shot, compared to 5.1…
‘I’m Not Woke,’ Says JP Morgan CEO Defending ‘Stakeholder Capitalism’
June 2, 2022
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Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesDefending AmericaFeatured TopicsJamie DimonLarry FinkPoliticsSenator Ted Cruzstakeholder capitalismUS
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JP Morgan CEO Jamie Dimon claimed in an interview at a conference on Wednesday that his push toward “stakeholder capitalism” is being misconstrued as being “woke,” and that he remains “a red-blooded free-market capitalist.” “I’m not woke. And I think people are mistaking the stakeholder capitalism thing for being woke,” Dimon told a conference organized…
Biden Responsible for Inflation and Gas Prices, Will Face Heat in Midterms: GOP Chair
June 2, 2022
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2022 Midterm Electionsbiden administrationBusiness & Economyeconomyhigh gas priceshigh inflationinflationPoliticsRep. Tom EmmerUS
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Rep. Tom Emmer (R-Minn.), chairman of the National Republican Congressional Committee, blames the Biden administration for the raging inflation and high gas prices affecting American citizens and predicts that Democrats will regret their policies during the midterm elections in November. Economist Larry Summers warned the administration 16 months back that destroying America’s energy independence and pumping trillions of…
OPEC+ Agrees to Boost Production to Offset Russian Output Losses
Oil-producing countries allied under the OPEC+ banner have agreed to pump more oil in July and August, accommodating months of requests by the United States and others to boost production to cool soaring crude prices that have fed into a cost-of-living crisis amid sky-high inflation. The OPEC+ cartel said in a June 2 statement that…
Swiss Inflation Rises at Fastest Pace in 14 Years as Cost of Fuel, Home Rentals Surge
Switzerland has become the latest country to be hit by increased fuel and food prices, data from the Swiss government showed on Thursday. The consumer price index rose 0.7 percent in May 2022 compared with the previous month, reaching 104.0 points. Inflation increased 2.9 percent compared with the same month of the previous year, driven by…
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