Author: Leslie Stewart

US Treasury Secretary Scott Bescent participated in the New York Economic Club event held in New York City, USA on March 6, 2025.Gina Moon | ReutersTreasury Secretary Scott Bescent on Friday confirmed signs of weakness in the US economy.”Can we certainly see that this economy, which we have begun to roll a bit, has inherited? And look, there will be a natural adjustment as we move from public spending to private spending,” Bescent told CNBC’s “Scoebox.””The markets and the economy were just crazy. We’re obsessed with this government spending and we’ll have a detox period,” he added.To explain that it…

Despite President Donald Trump’s efforts to cut the federal workforce, employment growth was weaker than expected, but still stable.Non-farm pay is better than the downward revision of 125,000 in January, but it rose to a seasonally adjusted 151,000 times better than the 170,000 consensus forecast from Dow Jones reported on Friday by the Labor Bureau of Labor Statistics. The unemployment rate rose to 4.1%.The report comes amid efforts to cut the federal government in Elon Musk’s government’s efficiency efforts, starting with buyout incentives and including mass shootings that affected multiple sectors.The decline will not be fully felt until the coming…

COLOMBIA, S.C. — A South Carolina man convicted of double murder in 2002 is due to die Friday.Without a last-minute resignation from the governor’s office or the U.S. Supreme Court, Bradsigmon’s execution is scheduled for 6pm at Broad River Correctional Facility in Columbia. Sigmon, 67, will become the oldest prisoner executed by the state.His lawyer, Gerald “Boe” King, demanded tolerance from Gov. Henry McMaster, claiming that Sigmon changed his life in prison, rededicated himself to his Christian faith, and poses no further risk during his imprisonment.Brad Sigmon, convicted of dying his estranged girlfriend’s parents in Greenville County in 2001, died…

Since President Donald Trump announced the shocking arrest of a man accused of taking part in the murder of 13 U.S. service members in Afghanistan on Tuesday, his top national security aide has repeatedly paraded the Biden administration, saying he doesn’t want the responsible person to go to trial. The attack, carried out by ISIS-K suicide bombers, killed 170 Afghan civilians waiting outside Kabul Airport, near the entrance known as the “Monastery Gate.” Death was a symbol of the chaotic withdrawal of American troops from Afghanistan in 2021. Five former Biden administration officials and one of the current US officials…

With increasing inflation rates and consumer sentiment declining, working Americans can’t celebrate much after President Donald Trump’s first six weeks in office. However, the billionaires could not be more satisfied with their return on investment. Trump announced the creation of a “strategic” cryptocurrency reserve fund after handing over federal keys and wallets to unqualified billionaire Elon Musk. On Friday, the president will host the crypto industry WHO’S WHO at the White House Summit. The reserve will purchase crypto tokens with taxpayer dollars as the theoretical future source of emergency assets. In reality, it’s equivalent to a big giveaway to a…

With increasing inflation rates and consumer sentiment declining, working Americans can’t celebrate much after President Donald Trump’s first six weeks in office. However, the billionaires could not be more satisfied with their return on investment. Trump announced the creation of a “strategic” cryptocurrency reserve fund after handing over federal keys and wallets to unqualified billionaire Elon Musk. On Friday, the president will host the crypto industry WHO’S WHO at the White House Summit. The reserve will purchase crypto tokens with taxpayer dollars as the theoretical future source of emergency assets. In reality, it’s equivalent to a big giveaway to a…

People walk past the Moynihan Train Hall digital sign on March 3, 2025, displaying the new initiative of New York Governor Kathy Hochul, entitled “New York Waste You,” a program designed to recruit and hire federal workers displaced in New York. David Dee Delgado |ReutersThe recent mixed signal from the labour market has increased fear among investors already at the edge of the knife about the potential threat that tariffs pose to inflation and economic growth.Depending on your perspective, employers either cut workers at the highest percentage in a few years or skate at the current staffing level.What has become…

US Treasury Secretary Scott Bescent will speak at the New York Economic Club (ECNY) event held in New York, USA on Thursday, March 6, 2025. “The sanctions on Russia will be used explicitly and actively for the immediate maximum shock under President Donald Trump’s leadership,” Bescent said. Victor J. Blue | Bloomberg | Getty ImagesTreasury Secretary Scott Bescent on Thursday provided a full call defense against the White House’s position on tariffs, arguing that trade policies should be close to the scope, not just to acquire low-cost items from other countries.”Access to cheap products is not the essence of American…

Elon Musk said at Joe Rogan’s show last week that Social Security is “the biggest Ponzi scheme of all time.”garbage. In the Ponzi scheme, CON artists lure investors into fake investment projects, pocket cash, then have new “investrs” collect cash on the old ones. The suction cup remains with a worthless bag.Social Security is not a Ponzi scheme. This is a very efficient part of the American social safety net and the opposite of the Ponzi scheme. That’s why the vast majority of Americans are against cutting it.Social Security is a “pay for you to go” program. Current workers fund…

HONG KONG – North Korea once again closed its borders and halted foreign tourism weeks after the secret state welcomed Western visitors for the first time in five years.North Korea sealed its borders in early 2020 at the start of the 2020 pandemic and gradually lifted restrictions in mid-2023.The first tourists were a group from Russia and entered the country in February 2024, while the first international visitors from other countries, including the UK, Canada, France and Germany, arrived in North Korea for the first time last month.Visits from the Western Group were limited to Layson, a remote northeastern city…