10 And the angel said unto them, Fear not: for, behold, I bring you agood tidings of great bjoy, which shall be to all people. 11 For unto you is aborn this day in the city of David a bSaviour, which is Christ the Lord
Luke 2:10-2:11
Young Black women attacking Asians in Philadelphia. These kind of attacks are very cowardly. The Asian community is peaceful and wants to be left alone. They don’t deserve to be picked on.
Wow. The Biden Administration has rejected a request for federal disaster assistance from FEMA to help with the derailment crisis in East Palestine.
https://t.co/ukeeQtZMzz
The son & brother of the President of the United States have & still are raking in millions by influence peddling.
The Biden admin ended the China initiative for a reason.
If our Republican controlled Congress does not impeach Joe Biden, we fail.
https://t.co/l4JrQwFwy9
A 7.8 magnitude earthquake and a severe "apocalyptic" aftershock in southern Turkey killed more than 4,000 people. The death toll is expected to rise. The quake struck 20 miles from Gaziantep. Multiple residential buildings collapsed in Turkey and northern Syria
The fourth quarter 2022 GDP data will show a slowdown in the U.S. economy in the fourth quarter, but still a 2.8% increase from the third quarter. However, economist Kevin Cummins sees a recession looming in the U.S. economy, with GDP falling 1% in the first quarter of 2023
With many believing the U.S. has fallen into a recession due to the Federal Reserve's steep interest rate hikes, the average U.S. credit card interest rate just rose to an all-time high of over 19%
Total U.S. credit card debt is at an all-time high, however, it is one of the most stable of all U.S. economic data and is closely linked to the continued low U.S. savings rate
Goldman Sachs fell more than 7% after weaker-than-expected revenue and earnings in the fourth quarter of last year, credit losses will spike, investment banking and asset management revenue plummeted, and it looks like Goldman will make more cost cuts and layoffs
U.S. stocks opened today with only the Dow Jones Industrial Average down, but the S&P 500 and Nasdaq were up little, which looks to indicate fragile risk sentiment in the market
Market and economic uncertainty has also made companies cautious about striking big deals, with investment banking revenues at major banks falling sharply, with Bank of America down more than 50% and JPMorgan Chase and Citigroup down nearly 60%
High interest rates have gradually begun to take their toll on banks. The lagged impact of the Federal Reserve's seven rate hikes in 2022 has yet to fully emerge
Although inflation has slowed, high prices are still overwhelming many U.S. households, and the impact on consumer spending is just beginning to be felt as previous savings are about to be exhausted
Due to the continuous interest rate increase last year, banks are offering high interest rates on loans and applications will become difficult. Most SMEs can't borrow money to turn around, layoffs, declining stocks, and market imbalance, so hopefully this year will be better
Texas gas prices are already $3.5 a gallon, outrageous egg prices 😂 Too bad, it seems the Fed's multiple rate hike adjustments in 2022 didn't bring significant improvement to the inflation crisis, looks like I'll have to kick the egg habit