Manufacturing

DC Federal Court Upholds Biden’s Eviction Moratorium, But Expects Dim Future for Ban

US Associate Supreme Court Justice Brett Kavanaugh wrote in June he believed the eviction moratorium could only be legally extended by legislative action, but the Democratic-controlled Congress went into recess without passing such a bill, leaving it up to the White House to keep more than 11 million American renters in their homes.

NYT Op-Ed Blames Trump for Low U.S. Vax Rate—But Trump Is Pro-Vax

Though Trump's Operation Warp Speed increased Covid-19 vaccination distribution, The New York Times ran an opinion piece claiming Americans are "turning away a vaccine" because they're "slavishly devoted to Trump."

Fauci Credits Trump’s ‘Wise Investment’ for COVID Vax

Dr. Fauci praised Trump's Operation Warp Speed for accelerating the development of the gene-based Covid-19 vaccine.

Private sector hiring slows sharply in July

ADP says US economy added 330,000 private-sector jobs in July.

Is America’s oil industry too big to fail?

America’s oil and gas industry employs over 11 million people and is worth more than $1.6 trillion, making the energy transition more difficult than it may seem.

Analysis Proves SARS-CoV-2 Lab Origin

An overly conservative Bayesian analysis shows beyond a reasonable doubt that SARS-CoV-2 is laboratory derived. There’s a 99.8% probability SARS-CoV-2 came from a laboratory and only a 0.2% likelihood it came from nature

Manufacturing Surveys Disappoint In June, Signal Looming Stagflationary Threat

Despite slumping 'hard' data, 'soft' survey data has been trending higher on a bed of soaring prices (well it must be demand), and supplier delivery delays (well it must be demand) providing any and all asset-gatherers and commission-rakers the ammo to confirm the recovery.

US Services Sector Unexpectedly Plunges In June As Manufacturing Survey Hits Record High

Despite the serial disappointment in hard economic data, 'soft' survey data has continued to soar in 2021 but analysts expected today's Markit PMIs to retrace some of those gains.

Biden rolls out $2.25 trillion spending plan for infrastructure, caregiving, manufacturing

Proposed tax hikes include increasing corporate rate from 21% to 28%

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