By Rand Paul
Obama acts as though we no longer have a Constitution
Independent voices from the TWT Communities
A private survey shows U.S. companies added just 119,000 jobs in April, the fewest in seven months.
President Obama heads into the third month of his second term still unable to find a cure for a sluggish economy, weak employment numbers and his own slipping job approval scores.
Lots of people have "Ed Koch stories" – like when he was asked to explain how a former rival was defeated for re-election, even managing to lose in her home precinct. “Her neighbors know her!” he answered with the characteristic Koch shrug.
In the co-feature Saturday night at Boardwalk Hall in Atlantic City, N.J., Detroit heavyweight Jonathan Banks (29-1-1, 19 KOs) stopped Seth Mitchell (25-1-1, 19 KOs) in the second round.
At the place where the economy and the stock market intersect, there were three noteworthy events this past week.
U.S. service companies grew in September at the fastest pace in six months, helped by a sharp increase in customer demand.
With the Fed eyeing unemployment in the country as a barometer on which to act, Friday's August Employment Report will be closely watched, prodded and dissected.
A swing and a miss or more like several at bat were had this week in terms of the central banks. I'm talking about both the Federal Reserve and the European Central Bank (ECB), both of which stand ready to do something, just not yet.
Just when Detroit seemed to be luring them away, Americans are embracing Japanese cars again.
U.S. service companies grew in June at the slowest pace in nearly two and a half years, a troubling sign for the economy.
U.S. companies likely hired at a modest pace in May for the third straight month, underscoring the slow but steady nature of the recovery.
The U.S. economy is looking slightly weaker one day before a critical report on May job growth.
The number of people seeking unemployment benefits fell last week by the most in more than three months. The figure was a hopeful sign a day before the government releases the April jobs report.
Last week, I shared my view that April would be the first down month for the S&P 500 since last November, and as we saw that was indeed the case. The culprit was renewed concern over the European economy as the U.K. and Spain entered a double-dip recession.