Jobless claims were lower than expected
First-time claims for unemployment insurance beat Wall Street estimates last week as the U.S. economy enters a critical new stage.
Filings totaled 860,000 for the week ended Sept. 12, the Labor Department reported Thursday. Economists surveyed by Dow Jones had expected 875,000, against the previous week’s upwardly revised 893,000.
Ford unveils electric F-150 factory plan, says business is 'roaring back'
Ford is breaking ground today on the factory that will build its groundbreaking first electric F-150.
The Rouge Electric Vehicle Center will add 300 employees to the Dearborn, Mich., facility dedicated to manufacturing the battery-powered model.
We are proud to once again build and innovate for the future here at the Rouge with the debut of our all-new F-150 and the construction of a modern new manufacturing center to build the first-ever all-electric F-150,” executive chairman Bill Ford said in prepared remarks highlighting Ford’s investment in American manufacturing, including the $700 million earmarked for the new F-150 lineup.
'Future is very bright': South Dakota unemployment rate shrinking after Kristi Noem refused lockdown measures
Gov. Kristi Noem touted South Dakota’s shrinking unemployment rate after she refused to lock the state down amid the coronavirus pandemic.
“South Dakota's unemployment rate dropped to 4.8% in August. Our economy is quickly getting back to normal, and the future is very bright,” Noem tweeted Thursday morning.
“Preliminary estimates show South Dakota's unemployment rate decreased 1.6% to 4.8% in August 2020. The labor force decreased over the month by 6,800 workers (1.5%) to 459,400 workers. The level of unemployed decreased by 8,000 (26.7%) to 22,000 persons unemployed,” the South Dakota Department of Labor and Regulation reported.
EXCLUSIVE: 34 GOP Lawmakers Demand Attorney General Barr Prosecute Netflix For ‘Child Pornography’ In Letter
Republican Indiana Rep. Jim Banks, and 33 GOP House lawmakers, have called on Attorney General William Barr to prosecute Netflix for the distribution of “child pornography” in a letter obtained by the Daily Caller.
Recently, Netflix has found itself in a hotbed of controversy after releasing the film “Cuties” which, according to a DCNF review, includes many close up shots of underage girls’ crotches and buttocks. Republican lawmakers in both the House and Senate have released statements urging the Department of Justice to “investigate” Netflix for exploiting children. Democrat Hawaii Rep. Tulsi Gabbard also labeled the movie “child pornography”, adding it would “whet the appetite of pedophiles & help fuel the child sex trafficking trade.”
Trump administration to ban Americans from downloading TikTok, WeChat on Sunday
The Trump administration announced Friday morning that it will ban Chinese-owned messaging and payment app WeChat effective Sunday and block new downloads of video-sharing app TikTok the same day over national security concerns.
A broader ban of TikTok will be delayed until Nov. 12, with a takeover of its U.S. operations still in the works.
“At the President’s direction, we have taken significant action to combat China’s malicious collection of American citizens’ personal data, while promoting our national values, democratic rules-based norms, and aggressive enforcement of U.S. laws and regulations,” Commerce Secretary Wilbur Ross said in a statement.