Apple said a majority of its devices shipped into the U.S. in the June quarter will originate in India and Vietnam ... read more
"We will drill, baby, drill," President Donald Trump declared at his inauguration on January 20. Echoing the slogan that exemplified his energy policies during the campaign, he made his message clear: more oil and gas, lower prices, greater exports. read more
The Environmental Protection Agency (EPA) will propose Tuesday to repeal its landmark 2009 finding that greenhouse gases pose a threat to the public. read more
On Monday, President Donald Trump told reporters that his name may have been planted in the Jeffrey Epstein files by former Attorney General Merrick Garland or former FBI director James Comey. read more
The democratic socialist's victory in the New York mayoral primary is a sign that South Asian voters are beginning to assert themselves as an impactful political demographic. read more
Rebound in US economic growth in second quarter masks underlying slowing trend
www.reuters.com
... Summary
- - - Second-quarter GDP increases at 3.0% rate
- - - Decrease in imports drives rebound in growth
- - - Consumer spending rises at 1.4% pace
- - - Measure of underlying growth increases at 1.2% rate
U.S. economic growth rebounded more than expected in the second quarter, but that measurement grossly overstated the economy's health as declining imports accounted for the bulk of the improvement and domestic demand increased at its slowest pace in 2-1/2 years.
Details of the Commerce Department's advance second-quarter gross domestic product report on Wednesday painted a picture of an economy that was losing steam as businesses and households grappled with uncertainty from President Donald Trump's protectionist trade policy, characterized by sweeping tariffs on imports and delays of higher duties to allow countries to negotiate trade deals with the White House.
Consumer spending, the engine of the economy, grew moderately after almost stalling in the January-March quarter. Business investment in equipment slowed sharply following double-digit growth in the prior quarter. Residential investment, which includes homebuilding and house sales via brokers' commissions, contracted for a second straight quarter. ...
ICE says detained Maine police officer overstayed visa. The chief says he cleared a federal check
apnews.com
... The chief of police in a Maine resort town has called for an investigation into the arrest by U.S. Immigration and Customs Enforcement of one of its officers, who the chief said was federally approved to work in the country in May.
ICE arrested Old Orchard Beach Police Department reserve officer Jon Luke Evans, of Jamaica, on July 25. The agency said Evans was illegally present in the U.S. and unlawfully attempted to purchase a firearm.
ICE said in a Monday statement that Evans had legally entered the U.S. in September 2023 and violated the terms of his admission by overstaying his visa. But Old Orchard Beach Police Chief Elise Chard said in her own Monday statement that the U.S. Department of Homeland Security had verified that Evans was authorized to work in the U.S. in May of this year. ...
A tune from Humble Pie, a group that seemed to write about, I'll say, another side of life ...
Humble Pie - 79th And Sunset (1970)
www.youtube.com
Lyrics excerpt ...
...
Underneath her red sweater
She's a big-deal go-getter
There'll be some dramas inside your pajamas tonight, oh yeah
Yes there's red eyed Ruby with her built up hips
She's got nut crushing ----- and jam tart lips
Says her angle is connections downtown L. A
When you know she's just a hustler from the boys' brigade
...
Yeah, that's Humble Pie.
@#88 ... lets recap: ...
My question on this most august message board at this point becomes...
Why does the scotts alias seem to be so determined to defend Pres Trump on this issue?
Byrds - Chestnut Mare (1970)
www.youtube.com
OK, the tsunami warning has changed into actual conditions ...
Tsunami strikes Japan and Russia after an 8.8-magnitude earthquake, warnings issued for Hawaii, Alaska, California
apnews.com
... A tsunami has hit coastal areas of Russia's Kuril Islands and Japan's large northern island of Hokkaido after a powerful, 8.8-magnitude earthquake struck off the coast of Russia early Wednesday. Warnings are also in place for California, Alaska, Hawaii and other coasts south toward New Zealand.
The Japan Meteorological Agency said a tsunami as high as 40 centimeters (1.3 feet) had been detected in 16 locations as the waves moved south along the Pacific coast from Hokkaido to just northeast of Tokyo. Officials urged caution, saying that bigger waves could come later.
Damage and evacuations were reported in the Russian regions nearest the quake's epicenter on the Kamchatka Peninsula. ...
@#27 ... Does not sound like that is going to happen today. ...
The Fed is looking like it is beginning to lean in the direction of a rate cut.
But I agree, probably not today. Maybe September?