Tim Pearce The Dow Jones Industrial Average hit an all-time high Thursday, the 100th such time since Trump was elected in November 2016. The Dow closed at 26,656.98 after jumping 251.22 points, a .95 percent increase, before closing. The S&P 500 also hit a record-breaking mark, gaining 22.8 points throughout the day to close at 2,930.75, Fox…
Uncertainty makes human beings uncomfortable. Not knowing what’s going to happen in the future creates a sense of unrest in many people. That’s why we sometimes draw on predictions made by leading experts in their respective fields to make decisions in our daily lives. Unfortunately, history has shown that experts aren’t often much better than…
A decade has passed since the collapse of the Lehmann Brothers investment bank, triggering the worst recession since the stock market collapse of 1929. But between the 1930s and 2008, the world experienced several economic downturns, some of which had a long-lasting impact on the affected countries. Here are five less well-known crises that shaped the Twentieth…
Jason Hopkins Alabama Republican Rep. Gary Palmer introduced a bill in Congress that calls on the government to rescind $1.6 billion in funds from the United States Enrichment Corporation (USEC) Fund — money that has sat idle for years. “The government is borrowing millions of dollars every day while we have $1.6 billion sitting in…
Ten years ago the Lehmann Brothers investment bank collapsed, sparking a world-wide banking crisis and recession. The economy lost at least 5 million jobs, pushing the unemployment rate from 5 percent to 10.5 percent in just a few months. The US stock market lost $7.4 trillion in value while the real estate market dropped $3.4…
Evie Fordham Drug prices on the whole looked much better in August than they did in July, which may be due in part to President Donald Trump’s critiques of the pharmaceutical industry, according to a Wells Fargo report on monthly drug prices. “We believe that August essentially shows that President Trump’s criticism might be working…
Molly Prince Los Angeles taxpayers had been paying for Democratic Sen. Kamala Harris of California’s travel expenses, even while she was outside the city of Los Angeles. A report first obtained by NBC News details hotels, rental cars, airline tickets, meals and security for more than twelve trips totaling over $28,000. Los Angeles Police Department (LAPD) had also…
Molly Prince Democratic New York gubernatorial candidate Cynthia Nixon hasn’t come up with a plan to fund her campaign promise of health care for all, but she made it known on Wednesday that it is not a deciding factor on whether or not to enact the measure. “Pass it and then figure out how to…
President Trump is known for expressing his views openly, without mincing his words. He has shown in many occasions that he doesn’t care about political correctness, an attribute that has allowed him to gain the support of millions of Americans. But being politically incorrect isn’t always a virtue, especially when it implies making unreasonable statements…
Joe Simonson Hillary Clinton is hiring a batch of unpaid interns for the fall to work in her New York City office, according to documents obtained by The Daily Caller News Foundation. Applications are currently being accepted on a rolling basis and will “run from September to mid-December.” The internship requires “a minimum of three…