U.S. GDP booms at 33.1% rate in Q3

Jeffrey Rosen to replace AG William Barr

Attorney General William Barr resigned from his position on Monday and will be replaced with Deputy Attorney General Jeffrey Rosen, according to President Donald Trump. Barr’s unexpected...

Justice Department preparing for Mueller report as early as next week

Attorney General Bill Barr is preparing to announce as early as next week the completion of special counsel Robert Mueller's Russia investigation, with plans...

FBI to announce $60M racketeering case following raid, reported arrest at Ohio speaker’s farm

The FBI and the U.S. Attorney's Office for the Southern District of Ohio will be making an announcement regarding a public corruption case involving...

What Democrats and Republicans want in the next coronavirus relief package

Republicans and Democrats in Congress aim to pass a fourth coronavirus aid package before the end of the month, but they will have to...

China, Russia, and Iran Actively Targeting 2020 Election, DNI Says

China, Russia, and Iran are actively working to undermine the 2020 electoral process in the United States, according to the head of U.S. counterintelligence, William Evanina. “At this...

Coming off the worst quarter in history, the U.S. economy grew at its fastest pace ever in the third quarter as a nation battered by an unprecedented pandemic started to put itself back together, the Commerce Department reported Thursday.

Third-quarter gross domestic product, a measure of the total goods and services produced in the July-to-September period, expanded at a 33.1% annualized pace, according to the department’s initial estimate for the period.

The gain came after a 31.4% plunge in the second quarter and was better than the 32% estimate from economists surveyed by Dow Jones. The previous post-World War II record was the 16.7% burst in the first quarter of 1950.

Markets reacted positively to the news, with Wall Street erasing a loss at the open and turning mostly positive.

Continue Reading

Source: CNBC.com

Hot Topics

Hollywood Producer Who Was Part Of Jeffrey Epstein’s “Lolita Express Circle” Dead – Falls Off 27th Floor Of Building

I’m sure this is just a coincidence, right? Just prior to the arrest of Ghislaine Maxwell this week, Hollywood producer and long time friend...

Federal Judge Rejects Additional Discovery in Case Concerning Hillary Clinton’s Emails

A federal judge in Washington, D.C. on Friday denied a request for additional discovery in a lawsuit concerning Hillary Clinton's use of a private...

RedRacer Video

Watch Tito Ortiz's Videos

Related Articles

Over 432,000 Votes Removed From Trump in Pennsylvania, Data Scientists Say

Pennsylvania election data shows that over 432,000 votes were removed from President Donald Trump during the November election, data scientists say. According to an analysis by...

Dem Rep. ends congressional prayer with ‘Amen and awomen’

Rep. Emanuel Cleaver, D-MO, opened the 117th Congress with a prayer that ended with an attempt to bring in more gender-inclusive language. The Democratic lawmaker,...

Pentagon orders USS Nimitz to stay in Persian Gulf after Iranian threats against Trump

The Pentagon on Sunday evening order the USS Nimitz to remain in the Persian Gulf, reversing a planned redeployment, after Iran made threats against...