The Dow increased 61 In today’s session to wrap up at 31437, as The Nasdaq dropped 35points to finish trading at 13972 after topping 14k for the first time yesterday. The Bellwether S&P shaved off a point after a wild morning to close at 3909 as Hump day concludes on wall street!
In Economic Headlines, one-third of small business owners $15 minimum wage will result in layoffs, as Sleepy Joe continues to pander to people with handouts and promises of more of OTHER PEOPLE’s MONEY!
The fight over the federal minimum wage has emerged as one of the more contentious elements of the larger battle
on Capitol Hill over President Biden’s $1.9 trillion Covid relief package. A Democrat-led bill — introduced last month and formally known as Raise the Wage Act — was dropped from a Senate bill last week, as Sleepy Joe Biden said Sunday that a wage hike was unlikely. But the House Education and Labor Committee included the provision in a first draft released this week, formally known as Biden’s American Rescue Plan….we
refer to it as Biden’s Attempt To Further Destroy Amerca’s Financial Independence.
TikTok Sale to Oracle, Walmart Is Shelved as Biden Reviews Security
The Trump-driven deal had languished as video-sharing app’s Chinese owner mounted successful legal challenges A U.S. plan to force the sale of TikTok’s American operations to a group including Oracle Corp. and Walmart Inc. has been shelved indefinitely, people familiar with the situation said, as President Biden undertakes a broad review of his predecessor’s efforts to address potential security risks from Chinese tech companies.
Now, think about it people…Yesterday we reported that HUAWEI was attempting to circumvent policy to worm their way into the US despite obvious conflicts of interest…and now BIDEN and his crew of know nothing Puddin’ heads is quashing a deal that was designed for AMERICAN COMPANIES to control TIK TOK on our shores….
You can bet that if there is an ill advised and downright stupid decision to be made…JOE BIDEN WILL MAKE IT..but I digress!