United States consumer confidence has plummeted to a decade-low in November. The University of Michigan’s consumer sentiment index fell to 66.8 in November, down sharply from the October figure of 71.7 and well below consensus forecasts of 72.4.
Despite harsh criticism of Gov. Ron DeSantis’ handling of the coronavirus by Democrats, including President Joe Biden, Florida reported the lowest new COVID-19 case rate in the nation this week.
The U.S. Commerce Department has added a dozen Chinese companies to a trade blacklist, citing national security concerns and some of the firms’ involvement in aiding the Chinese military’s quantum computing efforts.
University poll released last week, only 36 percent of Americans approve of Biden’s performance as president. From Covid, to the economy, to foreign policy, Biden’s numbers are in the tank. Three out of four Americans are dissatisfied with the way things are going in the country today.
President Joe Biden has picked Federal Reserve Chair Jerome Powell to serve a second four-year term at the helm of the central bank, while nominating Lael Brainard, the only Democrat on the Fed’s seven-member board, to serve as second-in-command at the Fed.
A national survey conducted by McLaughlin & Associates-Summit.org found 75% of Americans believe the government does not have the right to force people to participate in practices that violate their religious beliefs. Sixty percent say that religious exemptions to the COVID-19 vaccine should be protected. Only 27% disagreed.