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Trump Economy
By STAFF
This month’s report covers political, world, cultural, market, and sci-tech news from September 1-25, 2026.
This report contains the Global Outlook, Headlines Missed, and People Advance Reports.
The monthly report is intended to give you a recap of the month and an overview of the month’s major bellwether stories in one report. For the top news of the last week, read our Weekly Report on pg. xx.
TOP NEWS TAGS
- 2026 Elections
- Iran War
- Progressive Media
- Trump Deportations
- Germany Watch
- Lindsay Clancy
- Ukraine War
- Judgefare
- Abortion Watch
- Trump Economy
A. GLOBAL OUTLOOK
- SCOTUS ENABLES MASS MAILER VOTER FRAUD – The Supreme Court ruled 7-2 that a lower court ruling suspending President Trump’s XO attempting to make Mass mailer voting more accountable will stand, at least until AFTER the 2026 election. The ruling effectively enables Democrats to slow-walk close races in their favor using reserve “ballots” “registered” to the dead and non-citizens still on their uncleansed voter rolls.
- IRAN’S ENDURING DEFIANCE LEAVES TRUMP QUESTIONING WHAT TO DO NEXT – President Donald Trump posted on Truth Social a problem he is considering, “Do I Want to Go In and Annihilate Them or Do I Not?”
Internally, there are increasing reports of uprisings, and government “officials” abandoning their positions, but so far, no massive uprising has taken place. With congress recently passing a resolution aimed at stopping the Iran war, the President might have a limited window to operate in, one that needs to end with a pro-American government.
- TEAM BIDEN APPROVED GOP PHONE SPYING – A report from the U.S. House Judiciary Committee reveals a high-ranking member of the Biden DOJ knew in advance of Jack Smith’s unconstitutional spying on members of congress. The report claims, “beginning in May 2022, prosecutors under the leadership of U.S. Attorney for the District of Columbia Matthew Graves issued several subpoenas demanding telephone toll records for Members of Congress to identify individuals with whom they spoke around major votes in Congress . . .”
- HALF A MILLION DEAD RUSSIANS FOR A SCRATCH OF EARTH – A British military intelligence report is alleging Russia has lost half a million Russian soldiers in the war since 2023. During that same time, Russia has only gained 2% more ground than it had before.
Air Chief Marshal Sir Rich Knighton, chief of the UK armed forces, commented, “I think these numbers illustrate clearly the senseless and futile waste of human life for such little progress, and against such an illegitimate aim of President Putin.”
- SCOTUS RESTORES SOME VOTER ID PLUMBLINING FOR TRUMP – By a vote of 6-3, SCOTUS empowered President Trump’s administration to resume using Social Security records to confirm only citizens are voting in the election. The three progressive state judges voted against the decision. The ruling removes a lower court injunction against the administration.
- NOTE: Be sure to read our special October 30 MIA Monthly issue where we will give you a detailed report on the midterm elections, including a predictive analysis.
- 30-YEAR TREASURY BOND YIELD SPIKES – The 30-Year Treasury Bond Yield hit 5.501%, which was a high not reached since June of 2007. The spike came after U.S. economic data showed a stronger than expected economy, raising concerns there would be more Fed rate increases to combat inflationary pressures. High oil prices have also contributed to the spike. The rate is a benchmark for long-term interest rates and long-term borrowing.
- CLANCY DEFENSE WANTS TO USE LAWFARE TO PERSECUTE LONE HOLD-OUT – The lone-hold-out in the Lindsay Clancy child murder trial is now facing a lawfare campaign by the Clancy Defense team. Clancy Attorney Keving Reddington is hoping Judge William Sullivan will examine the juror’s private data to determine if he did something inappropriate.
The judge has yet to rule on the unusual filing. This is the same attorney who led a campaign against the holdout juror while deliberations were still going on.
- DEMOCRATS PROMISE TRUMP IMPEACHMENTS, INVESTIGATIONS WITH 2026 WIN – The Democrats made it clear to the American voter that a midterm win for them will be constant “investigations” of Trump and his allies for us. The Democrats are threatening Cabinet officials, Trump family members, and Trump himself with numerous “criminal” investigations. This is in addition to the impeachment they promise to deliver should they win in the midterms.
- ONE IN THREE DEMOCRATS ADMIT TO WANTING TO KILL TRUMP – Nearly one third of Democrats responded yes to a poll question asking them if they’d support President Trump being assassinated to remove him from office. 23% said they’d feel very positive if the President were assassinated, while 8% said they would be somewhat positive. 25% most likely hid their true views, claiming they had no opinion one way or another.
A person who feels neither one way nor another about a political assassination is de facto admitting they approve of violence as a means of political persuasion. No person who disapproves of political violence would respond with no opinion. This poll most likely shows most Democrats (59%) support murder as a means of political persuasion, murder that would not stop with the President.
- HOUTHIS OPEN RED SEA FRONT, TRUMP NEGOTIATES – The Houthis have been taking islands, ports, and Red Sea coast territory in a bid to rescue Iran from U.S. onslaught. The new territory enables them to attack vessels traversing the Red Sea (which they’ve already done). The Saudis have responded by forming an army to remove them. President Trump is in talks with the Houthis, and the Saudis have called for a two-week ceasefire.
- DATA CENTERS, NOT AMERICAN RULE OF LAW, CENTER OF MIDTERMS – The central issue in a majority of contested U.S. House and Senate Races is becoming Data Centers. At a time when one party, the Democratic Party, is looking to convert America to the Progressive State, Americans are more concerned over data centers than losing their constitutional rights.
Republicans find themselves on the losing end of this issue with one candidate, Senator John Husted of Ohio, reflecting the new Republican strategy, join the fight against the data centers. He said “They’ve earned that backlash. They haven’t been as forthcoming about the benefits that will come in terms of local jobs and construction worker jobs and reduced property taxes, and they haven’t offered things like paying the energy bills for local communities, for the power plants they build.”
- ANTHROPIC WANTS PROGRESSIVE EXTREMISTS TO DEFINE THE FUTURE OF AI – Anthropic CEO Dario Amodei has picked a panel of far-left, “woke” extremists to “protect” us from the evil AI apocalypse the progressive state media has been pushing. The “board” consists of children of wealthy progressives.
The guiding principle of the group is “Effective Altruism,” which requires a finite definition of value anti-progressives are sure to be existentially threatened by. For instance, this will place abortion in this hierarchy of value as a highly desired altruistic outcome and opposition to abortion will be placed in its hierarchy of value as being anathema to altruism, and thus a criminal activity.
- FED RAISES RATES – The Federal Reserve rose interest rates for the first time in six years, citing concerns over the inflation rate continuing to exceed 2%. The board voted unanimously to raise rates and signaled more rate increases were coming. President Trump pushed back against the decision, but stopped short of criticizing the Federal Reserve Chair, Kevin Warsh. President Trump nominated Warsh for the position he now holds.
- CANADA COURTS THE EU – After the European Union floated the idea of Canada becoming an “associate” member of their Union, Canada’s PM Mark Carney enthusiastically embraced the idea. This followed Carney’s exposed secret collusion with the Chinese military, making Canada a potential base of operation for her current enemy, China, and her fast-becoming future enemy, Europe. Canada is becoming a security risk for the United States.
- ISRAEL DEMANDS UK HAND OVER FALKLANDS – After the UK made moves to sanction Israel over its occupation of “Palestinian” territories, Israel has countered by supporting Argentina’s claims on the Falkland Islands.
Itamar Ben-Gvir, Israel ’s minister for national security, posted on X, “It’s time for the State of Israel to publicly recognize that the Malvinas Islands are Argentine territory under occupation, which the British violently steal from the Argentine people. The British are not content with merely occupying the territory; they also carry out oil drilling there and steal the money from the Argentine people. I call upon Prime Minister Benjamin Netanyahu to recognize Argentina’s sovereignty over the Malvinas Islands and to impose sanctions on Great Britain as long as the occupation continues.”
- ISLAMIST FOREIGNERS TAKE BACK SWEDEN – Thanks overwhelmingly to the “migrant” vote, largely dominated by Islamists from the Middle East, Sweden’s pro-Sweden government was defeated by 3 parliament seats. This means the anti-Sweden left has taken power by the slimmest of margins thanks almost entirely to the foreigner Islamist vote. Sweden has fallen, for now.
- DEFIANT CLANCY JUROR NOW IN HIDING – The now-doxed Lindsay Clancy juror who prevented the defendant from escaping criminal justice is now in hiding, along with his family. The juror, Michael Desronvil, has remained defiant, claiming he voted on the merits of the case, which showed Clancy was guilty of first-degree murder, of strangling her three children to death.
His family has received numerous death threats. He has acquired a lawyer as he prepares to sue the press and the jurors responsible for both doxing him and committing slander against him.
- DID NETANYAHU KNOW? – Ahead of the Israeli national elections, Prime Minister Benjamin Netanyahu is being accused of knowing about October 7 in advance. The accusation comes from former Israel Defense Forces (IDF) chief of staff Dan Halutz. He accused the Prime Minister of ignoring and concealing warning signs that led to the “successful” assault by Hamas terrorists.
Netanyahu accused Halutz of lying. Halutz doubled down, claiming he was involved with numerous conversations that validate this claim, and that from those conversations he was convinced Netanyahu knew more than he said he did.
- MASSACHUSETTS KIDNAPS CHILD TO TRANSITION HER – A Roman Catholic couple lost their child to the state when they refused to transition her to a boy. Algonquin Regional High School in Southborough socially transitioned her to a “boy” without her parents’ consent. When the parents rightly contested this illegal activity, Massachusetts state authorities chose to kidnap the child instead of prosecuting school officials.
Child grooming and violating parents’ rights is protected criminal action by the state of Massachusetts. The girl is now 17 and being unconstitutionally confined in a boys’ dormitory. The state is giving her birth control pills and psychiatric drugs while it prepares to mutilate her body.
- RUSSIA LITERALLY CONNECTS TO NORTH KOREA NOW – Russia and North Korea have cut the rope on a new bridge that links their two territories together. North Korean’s State media reported, the bridge was built and opened to “ensure the safe passage of various kinds of vehicles and personnel traffic.”
It also claims the bridge is “a guarantee for building up and reinforcing an important infrastructure for economic cooperation between the two countries and revitalizing multi-faceted cooperation including human exchange, tourism and commodity circulation.”
B. HEADLINES MISSED
- CANADIANS LEARN FROM CHINESE MEDIA THEIR GOVERNMENT IS COOPERATING MILITARILY WITH CCP – Canada is playing a dangerous game, first with its pushback on the Trump tariffs, and now with its cozying up to America’s greatest threat, China. Canadians learned from a Chinese news report their Prime Minister, Mark Carney, had been secretly negotiating with the CCP to develop a plan for military cooperation between the two countries. The move makes Canada a threat to U.S. security.
- CHINA BUILDING AI ROBOT ARMY – China is working on developing an AI-run robot army equipped with humanoid “soldiers” with AI brains. Reuters is claiming that an investigation of their procurement records reveal the army is already being built. They claimed they reviewed “more than 100 Chinese military procurement notices, academic studies, patents, official publications, government records and defense-company materials.” This led them to conclude China is building an AI robot army.
- MUSLIM CONGRESSMEMBERS VOTE FOR AMERICA TO PAY THEM 9/11 REPARATIONS – Because of the “Islamophobia” that followed from the 9/11 attacks, Muslim U.S. congress members voted on a resolution demanding reparations from Americans. They reckon the pain of hearing the truth about their religion of terror and pedophilia was more painful than the thousands of deaths their religion caused on 9/11, and continues to cause worldwide, even as we report this today. For that, they want us to pay.
- CHINESE BILLIONAIRE MAKING FUTURE CCP AMERICANS THANKS TO SCOTUS – Thanks to the Supreme Court’s refusal to defend American sovereignty from foreign invaders, a recluse Chinese billionaire has hundreds of “American” children. Xu Bo is alleged to have been using surrogates to bring to term his embryos on American soil so that his children will be born as American citizens.
Our enemies have children birthed on American soil. These children are then taken to their home country, trained in their home country’s ways, and sent back as “legal” invaders, scouts, saboteurs of the country they have no business being citizens of. After the SCOTUS’ ruling that upheld birthright citizenship covers anyone born in America, our enemies have increased their efforts to create future “legal” invaders of America.
- GERMAN POLITICIAN FACES JAIL TIME FOR CHALLENGING “MAP” ACTIVIST – A German politician who challenged a pro-pedophile activist on social media could face two years in prison for committing a hate speech crime. Vanessa Behrendt was challenging an openly “minor attracted person” for advocating adult-child sex on social media. The pedophile reported her comments to German authorities, who opened a “hate speech” investigation against the one challenging public advocacy of child sex.
- ANTHROPIC SAVES THE WORLD AGAIN AND AGAIN – Anthropic is claiming it has prevented multiple attempts by bad actors to use Claude AI to execute terrorist actions. The attempts included kamikaze drone swarms and biological weapons.
They posted on their X account, “We’re publishing our most detailed threat intelligence report to date. It covers how people tried to misuse Claude—for cyberattacks, influence operations, surveillance, biology, and building weapons—and how we found and stopped them. We disrupted every operation in the report…”
- FORMER U.S. CABINET MEMBER SERVED CCP WHILE IN OFFICE – Elaine Chao, a former Bush and Trump-era Cabinet official, is alleged to have been working for a CCP-controlled agency while also serving in the U.S. government. The organization she worked for was the United Front Work Department (UFWD).
A Congressional Select Committee memo claims “United front work damages U.S. interests through legal and illegal technology transfer, surveillance of Chinese diaspora communities, promotion of favorable narratives about the PRC through ostensibly independent voices, and the neutralization or harassment of critics of the CCP.”
- PROGRESSIVES KILL COLLEGE INTELLECTUAL FREEDOM PROJECT – The Iowa Legislature created the Center for Intellectual Freedom at the University of Iowa. It has an advisory board overseeing the launch of the Center. Now, nearly half of the advisory council has resigned, claiming the terms the university was setting would kill the legislative intent of the Center.
One member, Richard Lowery, wrote, “The legislature created the center in 2025 to teach and research the ideas behind the American constitutional order and to promote free speech, civil discourse, and intellectual diversity on campus — and on the terms the regents have now set, it cannot do what the law created it to do.”
- VIOLENCE TO STOP FREE SPEECH IS BECOMING A COLLEGE VALUE – Foundation For Individual Rights and Expression (FIRE) released a poll that revealed 30% of surveyed college students approve of violence to stop free speech rarely, which is down from last year’s high of 34%. However, of that group, half (or 15% total) said yes to violence to stop fee speech “sometimes,” not just rarely; 3% chose “always.”
- NEW YORK SELLS SUICIDES – On the day Progressive New York Governor Kathy Hochul announced plans to pass euthanasia legislation, a company named Quietus began selling suicide. The company offered this $12,00 deal to New Yorkers through the progressive state press: “Imagine that instead of taking medication to fend off death from a terminal illness, a person could pay to take a concoction that will end their life in minutes — giving them full control of when and where they die.
“… Before their scheduled death, patients get two medical evaluations and a mental health screening, as well as a prescription for the drugs needed, including lethal doses of cardiac medication, that will end their life. The $12,000 cost for the patient covers all of this and help for the grieving family after their passing.”
- CANADA FINES DOCTOR FOR NOT TRANSITIONING CHILD – Canada’s British Columbia Human Rights Tribunal has given a Christian doctor a $28,000 fine. The reason for the fine is because the doctor has refused to prescribe puberty blocker medicine to a teenager. The Doctor had clearly informed the patient and her mother, which he documented in his records.
He wrote “I noticed that the injection is for gender re-assignment as patient is already in the waiting room with (her) mother. I called mother into the room and explained to her that I would not be able to give the injection. Based on my religious belief and cultural background.”
- POPE PROMOTES PRO-LGBTQ PRIEST TO BISHOP – In another sign of the erosion of the Catholic church’s leadership, Pope Leo XIV has promoted a pro-LGBTQ, anti-church priest to Bishop. Father Mario Leon Dorado has been outspoken in his support to “bless” “irregular” couples (meaning homosexuals), as well as calling on the church to fade away the way John the Baptist did when Christ was baptized.
He declared in 2022, “There is the ecclesiological challenge: the Church as a sacrament at the service of the Kingdom of God. The Church is called to disappear so that the Kingdom may grow, in analogy with the experience of John the Baptist…. The experience of John the Baptist is the experience of the Church.”
- UK MIGHT BE OVER? – Leaders of Scotland, Wales, and Ireland are calling for a breakup of the UK. The leaders of these three nations are hoping to jettison London in favor of the EU. Scottish First Minister John Swinney, Welsh First Minister Rhun ap Iorwerth and Northern Ireland First Minister Michelle O’Neill all signed a declaration that claimed, “Westminster is coming to an end.”
A. PEOPLE ADVANCE
- TRUMP SECURES GREENLAND – President Trump has announced he has secured a deal with the Netherlands that effectively gives the U.S. security oversight on the island. The deal assures no enemy of the United States can gain a foothold on Greenland soil.
- GOP GETS BACK MISSOURI SEAT AFTER COURT RULING – The 8th Circuit Court of Appeals has ruled the Missouri 2026 Midterm election should follow the same map in place for the primaries. That map is the GOP-altered one that eliminates one Democrat House Seat stronghold. The court stated, “This Court holds that Missouri’s current plan to use the 2022 map in the November 2026 general election violates the Constitution. Only use of the 2025 map complies with the Constitution and federal law.”
- GERMANY’S PRO-GERMAN PARTY WINS STATE ELECTION – The only pro-German political party in Germany, the AfD, won 44% of the vote in a Saxony-Anhalt state election. The party fell just short of a majority for the state government, having captured 39 of the 83 seats in the State assembly. They fell just three seats short of a majority. The response from the “Planvasion of Germany” parties was to call for the AfD to be banned.
- EUTHANASIA FAILS AGAIN IN BRITIAN – Another attempt to legalize euthanasia in Britian has failed after a 286 to 270 vote defeated the latest bill. The legislation began the practice of euthanasia the same as many other laws, targeting only those with minimal diagnosed time to live. Later, the expansions of the eligible comes.
- FRAUD EXPOSED IN OBAMACARE, LEADS TO THOUSANDS OF CANCELLATIONS – Vice President JD Vance announced 750,000 fraudulent Obamacare accounts have been removed from the rolls, saving taxpayers $2.2 billion yearly. “We’re actually making sure that the people receiving Obamacare subsidies are actually entitled to receive them,” Vance declared.
- 110,000 LESS FOREIGN STUDENTS EXPECTED NEXT COLLEGE SEMESTER – Thanks to several factors, including new VISA restrictions, the amount of foreign college students attending U.S. schools will be 110,000 less than last year. Colleges will have to rely more on Americans to sell enrollment than foreigners, which might incentivize them to drop their anti-American ideologies.
- JUDGE KILLS DELAWARE’S “GHOST GUN” BAN – U.S. District Judge Maryellen Noreika struck down Delaware’s ghost-gun ban, which effectively bans the constitutional rights of Americans to make their own guns.
The judge ruled, “… An untraceable firearm is an Arm under the Second Amendment. It is, after all, a firearm, and even under the narrowest reading of ‘Arms,’ ‘all firearms constitute [] ‘arms,’ whether serialized or not. Moreover, the evidence here shows that untraceable firearms are customarily used for offensive or defensive purposes such as self-defense…”
- FEDERAL COURT UPHOLDS INDIANA’S LAW OUTLAWING TRANSGENDER SURGERY FOR KIDS – U.S. District Judge James Patrick Hanlon upheld Indiana’s law prohibiting transgender surgeries on children. Indiana’s Attorney General declared, “We have won this critical fight against radicals who would otherwise impose this horrific practice on our kids for ideological and financial reasons. My office will keep standing between our children and those who would sacrifice their health, innocence, and well-being on the altar of woke gender ideology.”
- U.S. JOB CREATION HEATS BACK UP – The U.S. economy has seen job growth stagnate the past couple of months, leading experts to predict an anemic August jobs report. However, the jobs report delivered far better than expected, with 162,000 new jobs being created in July, Unemployment held steady at 4.1%. In addition to this news, another report revealed unemployment among the college-less is at an all-time low.
- SCIENTISTS IDENTIFY TRIGGER RECEPTOR THAT COULD CURE OSTEOPOROSIS – Researchers at Leipzig University in Germany have developed a new therapy for osteoporosis. The researchers claim they have identified a protein receptor named GPR133 that could be triggered to rebuild lost bone density in osteoporosis patients.
Professor Ines Liebscher, lead investigator of the study, said “If this receptor is impaired by genetic changes, mice show signs of loss of bone density at an early age – similar to osteoporosis in humans. Using the substance AP503, which was only recently identified via a computer-assisted screen as a stimulator of GPR133, we were able to significantly increase bone strength in both healthy and osteoporotic mice.”
- JUDGE KILLS UNIVERSITY’S “DEAD NAMING” RULE – U.S. District Court Judge Fred Slaughter has halted a University of California policy that would penalize students for calling transgendered students by their born names. This is called “dead naming,” calling them by the name of their “dead selves.” The policy equated “dead naming” to “sexual harassment.”
He also halted their policy of punishing students for not using other students’ preferred pronouns. The school called this action “harassment,” which effectively punishes dissenting belief from the gender fluid ideology. The judge ruled that “there is no categorical ‘harassment exception’ to the First Amendment.” He stated the students “have demonstrated a credible threat to enforcement.”
- CHRISTIAN WINS BACK RIGHT TO ADOPT – The Oregon Department of Human Services had to change its standards for adoption after a Christian widow sued them. Jessica Bates sued the state after she was denied the right to adopt a child in their system for refusing to affirm the rainbow ideology. The state settled with Bates, removing the conditions of adoption that demand LGBTQ affirmation. They also had to pay Bates’ court costs.
- PIDDINGTON SECEDES FROM BRITIAN – The village of Piddington voted to secede from the United Kingdom as a response to the government’s plan to overwhelm the tiny village with a flood of subsidized invaders. The vote passed with a 92% supermajority. The referendum was held on September 15, the date Britian celebrates its victory over the German Luftwaffe in 1940.
The 30-Year Treasury Bond Yield hit 5.501%, which was a high not reached since June of 2007. The spike came after U.S. economic data showed a stronger than expected economy, raising concerns there would be more Fed rate increases to combat inflationary pressures. High oil prices have also contributed to the spike. The rate is a benchmark for long-term interest rates and long-term borrowing.
30-year Treasury yield hits highest level since 2004– www.cnbc.com
News Source
EXCERPT:
Treasury yields were trading at multidecade highs on Thursday, as investor bets on another rate hike from the Federal Reserve mounted.
The 30-year Treasury bond yield was last about 10 basis points higher, hitting a high of 5.501%, a level not seen since June 2004. The benchmark 10-year Treasury note yield, which is tied to rates on mortgages, surged more than 10 basis points to 5.223%, to levels not reached since June 2007. The 2-year note yield rose more than 4 basis points to 4.941%.
One basis point equals 0.01%, and yields and prices move in opposite directions.
Global bonds also sold off. Japan’s 10-year JGB yield rose its highest since August 1996. U.K. Gilts and German Bunds also moved higher, with yields on various European bonds hitting fresh multi-year highs.
Thursday’s moves build on a U.S. Treasury rout that took place Wednesday. The 10-year Treasury yield had its biggest one-day jump since April 7, 2025 as traders reacted to stronger-than-expected U.S. economic data, hawkish commentary from a Federal Reserve official and high oil prices.
“The combination of fiscal, economic, geopolitical, and supply-side inflation pressures converging has bond markets in less familiar territory. The recent rise in yields can no longer be attributed simply to concerns over the deficit,” said from Mike Sanders, head of fixed income at Madison Investments.
The U.S. economy has seen job growth stagnate the past couple of months, leading experts to predict an anemic August jobs report. However, the jobs report delivered far better than expected, with 162,000 new jobs being created in July, Unemployment held steady at 4.1%. In addition to this news, another report revealed unemployment among the college-less is at an all-time low.
Jobs report live updates: US adds 162,000 jobs in August, blowing past estimates – msn.com
EXCERPT:
The August jobs report showed that hiring surged last month.
The US added 162,000 jobs last month, the Labor Department reported on Friday. Economists expected the US to have added 55,000 jobs last month, rebounding from an unexpected decline in jobs in July. The unemployment rate remained unchanged at 4.1%.
While inflation remains the central question of the day, Friday’s jobs report informs the Federal Reserve’s decision whether to hike interest rates or hold them steady later this month.
The August jobs report follows a string of indicators on US employment trends this week. Here’s a recap of what we learned in recent days about the “low hire, low fire” economy:
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Hiring remained steady, according to the Labor Department’s monthly Job Openings and Labor Turnover Survey (JOLTS). The US added 7.3 million new job openings in July, which was little changed from the previous month.
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Private employers added 38,000 jobs in August, below economists’ expectations for 47,000 new roles, according to payroll processor ADP. The healthcare sector accounted for the bulk of new jobs added, while manufacturing and professional services saw declines.
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US companies announced fewer layoff plans in August, according to outplacement firm Challenger, Gray & Christmas. The firm recorded 53,000 layoff plans last month, making it the slowest August for layoffs since 2022.
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Initial jobless claims ticked up slightly to 206,000, according to the Bureau of Labor Statistics, coming in above economists’ expectations of 205,000.
Report: Unemployment Rate Among Non-College Grads Reaches One of Lowest Points in Past 23 Years– www.breitbart.com
News Source
EXCERPT:
Younger workers who are not college graduates are seeing one of their lowest unemployment rates in recent history, according to a Burning Glass Institute analysis reported by the Wall Street Journal.
The Wall Street Journal reported Sunday night that the analysis shows an extremely strong job market for those between 22 and 34 years of age without diplomas from a higher education institution.
The historically low unemployment rate among this demographic, which rivals lows since 2003, breaks with the rates of unemployment among college-educated peers in the same age window, per the analysis:
Now, though, just as job hunters without degrees are having one of their best runs, those with college educations are having one of their worst. And those with advanced degrees or in fields such as science and technology are having an even harder time
Following up on an historic drop in pharmaceutical drug prices, President Trump has announced an agreement with major drug makers that could lower the prices even more. President Trump stated, “Our most favored nations’ discounts represent the largest reduction in prescription drug prices in the history of our country.”
Trump Announces Drug Pricing Deals Projected to Save Americans $600 Billion › American Greatness– amgreatness.com
News Source
EXCERPT:
President Donald Trump announced new agreements with major pharmaceutical companies Monday that he said will bring U.S. prescription drug prices in line with the lowest prices paid by other developed countries and save Americans more than $600 billion.
The agreements expand Trump’s most-favored-nation drug pricing initiative, which seeks to end the significantly higher prices Americans have historically paid for many prescription medications compared with patients overseas.
“Our most favored nations’ discounts represent the largest reduction in prescription drug prices in the history of our country,” Trump said during an Oval Office announcement attended by executives from some of the nation’s largest pharmaceutical companies.
The administration now has most-favored-nation agreements with 26 pharmaceutical manufacturers representing 89% of the branded prescription drug market, according to the White House.
Americans have long paid substantially more for prescription drugs than patients in other wealthy countries. A 2024 RAND Corp. analysis found that U.S. prescription drug prices averaged nearly three times those in comparison countries, while prices for branded medications were more than four times as high.
The U.S. economy lost 23,000 jobs in July, but the unemployment rate went from 4.2% in June to 4.1% in July. Last month, 20,000 jobs were added. The labor participation rate hit 61.4%, which is the lowest this has been in five years.
US economy loses 23,000 jobs in July, unemployment rate falls to 4.1% – gulftoday.ae
News Source
EXCERPT:
The US economy unexpectedly lost 23,000 jobs in July, while the unemployment rate fell to 4.1%, compared with 4.2% in June.
The US Department of Labor’s Bureau of Labor Statistics said in its monthly report that nonfarm payrolls declined by 23,000 in July, compared with an increase of 20,000 jobs in June, falling short of the Dow Jones forecast for a gain of 83,000 jobs.
The unemployment rate fell to 4.1%, while the labour-force participation rate declined to 61.4%, its lowest level in more than five years.
President Donald Trump’s efforts to bring down the cost of prescription drugs have led to an historic drop in drugs that hasn’t been seen in over 60 years. The cost of prescription drugs dropped 3.1% in 12 months, starting from this past July.
White House Spokesman Kush Desai stated, “No president in modern history has been able to drastically reduce prescription drug prices across the board except for President Trump. This is a direct result of the President’s willingness to push the envelope with bold policies that actually put Americans and America First.”
Trump Was Right Again! Rx Drug Prices CRASH By Largest Amount In 60 Years!– wltreport.com
News Source
EXCERPT:
Earlier this year, the Trump administration took major action to lower prescription drug costs for Americans.
In February, the White House launched TrumpRX — a website that offers deeply-discounted prescription medications, including GLP-1 weight loss drugs like Ozempic.
Now, broader economic patterns are reflecting the initiative’s tremendous success.
As proof that the Trump administration’s efforts are working extremely well, prescription drug prices in the U.S. have just recorded the steepest annual drop since 1963.
That’s over 60 years!
U.S. Manufacturing has shown an expansion that hasn’t been seen since 2022, right when the world was recovering from the Covid shutdowns. The Institute for Supply Management showed only one of its 16 industrial categories, chemical production, was contracting. In July, U.S. manufacturing reached 55.6 according to the ISM’s ratings, a level not seen since May 2022.
American Manufacturing Expands At Fastest Pace Since 2022– www.breitbart.com
News Source
EXCERPT:
The U.S. manufacturing sector is expanding at the strongest pace in four years as output surges, firms add workers, and demand continues to grow, according to a key measure of factory health released Monday.
The Institute for Supply Management’s July barometer of U.S. manufacturing rose to 55.6, the highest since May 2022. This was the seventh consecutive month in which the sector’s reading came in above the threshold of 50 that separates growth from contraction. The reading was higher than economists had forecast.
The employment gauge indicated payroll growth for the first time since September 2023. New orders expanded for the seventh straight month. The measure of production rose to its best reading since late 2021.