Members phkrause Posted October 31, 2023 Author Members Share Posted October 31, 2023 US consumers keep spending despite high prices and their own gloomy outlook. Can it last? A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments that Americans themselves have expressed in opinion polls. Read more. Why this matters: The durability of that spending has caught the attention of Fed officials, who have signaled that they will keep their key interest rate unchanged when they meet this week. But they’ve also made clear that they are monitoring the economic data for any sign that inflation could reignite and require further rate hikes. Economists caution that such vigorous spending isn’t likely to continue in the coming months. Many households have been pulling money from a shrinking pool of savings and others have been turning increasingly to credit cards. Related coverage ➤ US economic growth accelerated to strong 4.9% rate last quarter as consumers shrugged off Fed hikes Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 1, 2023 Author Members Share Posted November 1, 2023 Here’s everything to expect from the Fed’s policy announcement Wednesday The Federal Reserve meeting will most likely conclude Wednesday with the central bank not doing a whole lot of anything — just the way the market wants things for now. https://www.cnbc.com/2023/10/31/heres-everything-to-expect-from-the-federal-reserve-meeting-wednesday.html Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 1, 2023 Author Members Share Posted November 1, 2023 Biden launches ‘Investing in Rural America’ push with Cabinet officials WASHINGTON — President Joe Biden and administration officials are kicking off an “Investing in Rural America” event series, starting with a visit to a Minnesota farm Wednesday to announce nearly $5 billion for conservation, economic development and “climate smart” agriculture. https://floridaphoenix.com/2023/11/01/biden-launches-investing-in-rural-america-push-with-cabinet-officials/? Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 2, 2023 Author Members Share Posted November 2, 2023 Fed holds rates steady, notes strong growth The Federal Reserve kept its target interest rate unchanged Wednesday for the second straight policy meeting, while acknowledging strong growth over the last few months. https://www.axios.com/2023/11/01/fed-interest-rates-unchanged-november-2023? Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 3, 2023 Author Members Share Posted November 3, 2023 Scoop: Yellen will use speech to set stage for Biden-Xi meeting The Biden administration is using a Thursday speech by Treasury Secretary Janet Yellen to set the stage for President Biden's APEC summit and his highly-anticipated meeting with Chinese President Xi Jinping later this month. https://www.axios.com/2023/11/02/yellen-speech-biden-xi-jinping-china? Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 5, 2023 Author Members Share Posted November 5, 2023 US employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates WASHINGTON (AP) — The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient despite high interest rates that have made borrowing much costlier for companies and consumers. https://apnews.com/article/jobs-economy-inflation-rates-hiring-federal-reserve-941e0963d178e3435dfd01f3393787aa? Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 7, 2023 Author Members Share Posted November 7, 2023 Small business owners are both hopeful and anxious about the holidays All signs point to a relatively solid holiday season for America’s small businesses. Yet, owners of these businesses appear to have a collective anxiety about the months ahead. They have their customers to thank on both counts. Read more. Why this matters: Americans kept up their spending over the summer and the government estimates that the economy grew by 4.9% in the third quarter. Yet even as they open their wallets, consumers seem pessimistic about their finances. Inflation is still a concern and interest rates are higher. And there’s no predicting the weather. After two years of a COVID-fueled sales boost, owners fear consumers have run through their pandemic savings and might cut back this holiday season or shop online again after getting out and supporting local businesses. For many retailers, the holidays can account for more than half their annual sales and early indications are that sales have kept pace with prior holiday seasons, with consumers making purchases that help them temporarily put aside their financial concerns. Shop owners are seeing “comfort” items sell well: high-end candles, plush stuffed animals for adults, particularly the brand Jellycat, all things sparkly, and anything Barbie- and Taylor Swift-related. Related coverage ➤ Many Americans say their household expenses are outpacing earnings this year, AP-NORC poll shows Retail trade group: holiday sales expected to slow to 3% to 4%, compared with 5.4% growth a year ago Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 7, 2023 Author Members Share Posted November 7, 2023 ‘Amtrak Joe’ Biden visits Delaware to promote $16 billion for passenger rail projects BEAR, Del. (AP) — President Joe Biden, arguably the nation’s biggest Amtrak fan, visited a train maintenance shop in his home state of Delaware on Monday to showcase more than $16 billion in federal investments for rail travel along the busy Northeast Corridor, saying of long-delayed improvements, “we’re finally getting it done.” https://apnews.com/article/joe-biden-white-house-economy-amtrak-infrastructure-38150ad86f29daa330af26f491a8a491? Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 8, 2023 Author Members Share Posted November 8, 2023 💰 Soaring national debt Data: Congressional Budget Office. Chart: Axios Visuals It would take spending cuts or tax increases equivalent to $2,400 per American per year to stabilize the national debt, according to a new book that shows the U.S. government's fiscal situation is more precarious than lawmakers of either party acknowledge. Why it matters: The numbers sound an alarm about America's fiscal vulnerability, at a time when there's bipartisan resistance to steps that might change that course, Axios Macro author Neil Irwin writes. What's happening: The numbers on America's fiscal vulnerability are spelled out in "Building a More Resilient U.S. Economy," out today from the Aspen Economic Strategy Group, led by former Treasury Secretaries Hank Paulson and Tim Geithner. To reduce deficits to the point where the public debt levels off as a share of the economy — a more plausible goal than balancing the budget — Congress would have to enact some mix of spending cuts and tax increases equivalent to 2.8% of GDP, or nearly $800 billion per year. 🥊 Reality check: There's zero political momentum for deficit reduction at that scale. Keep reading. Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 13, 2023 Author Members Share Posted November 13, 2023 🕶️ New influence frontiers Data: Barron's. Map: Deena Zaidi/Axios Visuals The "Dynamic Four" of Nashville, Dallas, Houston and Miami are growing fast and helping reshape America's economy, Barron's Andy Serwer writes in a special report, "Move Over, New York. These Fast-Growing Cities Are the New Economic Powerhouses." Why it matters: These cities — among others, especially across the Sunbelt — show how economic and societal power is spreading beyond the status-quo four of New York, D.C., L.A. and the Bay Area. Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 14, 2023 Author Members Share Posted November 14, 2023 What’s pushing inflation down? More goods, workers and housing WASHINGTON (AP) — Long past its painful peak, inflation in the United States may be heading steadily back toward its pre-pandemic levels, without the need for further interest rate hikes by the Federal Reserve. https://apnews.com/article/inflation-prices-interest-rates-economy-federal-reserve-1f83d45fc6e30c6864d1b02913ec60c6? Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 15, 2023 Author Members Share Posted November 15, 2023 Inflation's "fever has broken" as October data softens Year-over-year change in Consumer Price Index https://www.axios.com/2023/11/14/october-cpi-inflation-fed? Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 15, 2023 Author Members Share Posted November 15, 2023 🌡️ Inflation fever breaking Data: Bureau of Labor Statistics. Chart: Axios Visuals October's Consumer Price Index showed further progress on inflation after a brutal year (ab0ve), Axios' Courtenay Brown and Neil Irwin write. "The inflation fever has broken in the United States," Bill Adams, chief economist for Comerica Bank, wrote in a note. Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 15, 2023 Author Members Share Posted November 15, 2023 🛒 Thanksgiving prices fall from record high Graphic: American Farm Bureau Federation The cost of Thanksgiving dinner is falling after years of rising prices and a record high last year. The American Farm Bureau Federation's 38th annual Thanksgiving survey, out this morning, shows that lower turkey prices are making the holiday meal more affordable, Axios' Kelly Tyko reports. Why it matters: The findings are another sign that inflation is cooling. 🦃 By the numbers: The average meal with turkey and trimmings will cost 4.5% less than last year's record. The survey found the average cost of this year's holiday meal for 10 people was $61.17, down from $64.05 in 2022 — but still 25% higher than in 2019, before the pandemic. Explore the data ... Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 17, 2023 Author Members Share Posted November 17, 2023 ☀️ More good news on inflation Data: FactSet. Chart: Axios Visuals Another encouraging sign that post-pandemic inflation really is done and dusted: Wholesale price inflation — the prices businesses charge to one another — is down to pre-COVID levels. This metric is considered something of a leading indicator of the prices that consumers end up paying, Axios' Matt Philips writes. Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 21, 2023 Author Members Share Posted November 21, 2023 Why Americans feel gloomy about the economy despite falling inflation and low unemployment Inflation has reached its lowest point in 2 1/2 years. The unemployment rate has stayed below 4% for the longest stretch since the 1960s. And the U.S. economy has repeatedly defied predictions of a coming recession. Yet according to a raft of polls and surveys, most Americans hold a glum view of the economy. Read more. Why this matters: Economists increasingly point to one factor in particular that lies behind the disconnect: The lingering financial and psychological effects of the worst bout of inflation in four decades. Despite the steady cooling of inflation over the past year, many goods and services are still far pricier than they were just three years ago. The rate at which costs are increasing is slowing. But most prices are high and still rising. The issue poses a challenge for President Joe Biden as he gears up for his reelection campaign. Polls consistently show that most Americans disapprove of his handling of the economy. Related coverage ➤ Many Americans say their household expenses are outpacing earnings this year, AP-NORC poll shows What’s pushing inflation down? More goods, workers and housing Biden says he’s an optimist. But his dire warnings about Trump have become central to his campaign Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 21, 2023 Author Members Share Posted November 21, 2023 📈 S&P 500's "earnings recession" is over Data: FactSet. Chart: Axios Visuals Corporate America roared back into growth mode last quarter. Why it matters: Better-than-expected numbers from third-quarter earnings season — which unofficially ended with Walmart's results last Thursday — helped lift stocks sharply this month, Axios' Matt Phillips writes. Context: Leading up to Q3 earnings season, analysts had been focusing on the so-called earnings recession — unofficially defined as two consecutive quarters of shrinking profits — as a potential concern for the market. S&P 500 companies had seen shrinking profits in the fourth quarter of 2022, and the first two quarters this year. That string came to an end in Q3. State of play: Reinforcing the narrative of the resilient American shopper, consumer discretionary companies did a lot better than expected, seeing their per share profits rise by more than 40%, according to FactSet. Energy companies — which face tough comparisons to last year, when insanely high oil and gas prices delivered windfall profits — brought up the rear. Their profits dropped by more than one-third, FactSet data said, though industry profits are still strong, historically speaking. Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 23, 2023 Author Members Share Posted November 23, 2023 If you must argue about the economy over Thanksgiving dinner, at least get the facts right How the economy is doing has always been a contentious topic, particularly when friends and family with different politics gather for Thanksgiving dinner. And the question has gotten even thornier this year, with consumer sentiment and polling data about the economy becoming historically de-linked from official measures of economic health like GDP. It’s not our job to tell people how they should feel about the economy, but we can at least add some facts as context to common complaints. https://www.epi.org/blog/if-you-must-argue-about-the-economy-over-thanksgiving-dinner-at-least-get-the-facts-right/? Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 26, 2023 Author Members Share Posted November 26, 2023 💸 Americans open wallets Illustration: Tiffany Herring/Axios Americans set a new Thanksgiving online spending record and are on track to charge their way through Black Friday, Axios' Hope King and Kelly Tyko write from Adobe Analytics online sales data. Why it matters: The early numbers suggest the tradition of whipping out wallets after the turkey and cranberry sauce remains as strong as ever. By the numbers: Consumers shelled out $5.6 billion online on Thanksgiving, Adobe Analytics reported this morning. That's a 5.5% jump over last year and nearly double what consumers spent on the holiday in 2017. Go deeper: Black Friday's top discounts. Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 26, 2023 Author Members Share Posted November 26, 2023 Orlando-area shoppers embrace Black Friday traditions despite having less to spend Nowadays there are several reasons to dodge going to stores on the after Thanksgiving. https://www.orlandosentinel.com/2023/11/24/orlando-area-shoppers-embrace-black-friday-traditions-despite-having-less-to-spend/? Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 27, 2023 Author Members Share Posted November 27, 2023 📈 Shoppers set online Black Friday record Illustration: Tiffany Herring/Axios Americans set a new online spending record for Black Friday, Axios' Hope King and Kelly Tyko report. Why it matters: The tradition of whipping out wallets right after turkey remains strong, overcoming consumer gloom. 🧮 By the numbers: Shoppers shelled out $9.8 billion online Friday — a 7.5% jump from last year, Adobe Analytics reported yesterday. The momentum was set on Thanksgiving Day, which saw a 5.5% increase online from last year to $5.6 billion, per Adobe data. 🛍️ A measure that includes in-store sales, Mastercard SpendingPulse, also found Black Friday spending was up year over year. 📦 Fun facts: On Black Friday, 80.5% of all online orders used standard shipping instead of premium. Curbside pickup was used for 13% of online orders on Friday with retailers who offer the service. The bottom line: "Black Friday reasserted its dominance," said Vivek Pandya, lead analyst for Adobe Digital Insights. Holiday shopping data (updated daily) ... Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 29, 2023 Author Members Share Posted November 29, 2023 TSA breaks daily passenger record during Thanksgiving weekend Sunday was the busiest day in history for U.S. airports. https://www.axios.com/2023/11/27/tsa-air-travel-record-passengers-us-airports? Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted November 29, 2023 Author Members Share Posted November 29, 2023 🛍️ Cyber Monday scorcher Illustration: Sarah Grillo/Axios U.S. shoppers pounced on deep online discounts on Cyber Monday to spend a record $12.4 billion on online purchases — up 9.6% from last year, Axios' Hope King writes from Adobe Analytics data. Why it matters: Government data that shows retail behavior pulled back slightly last month suggests consumers were waiting for deals to launch around Thanksgiving. 🧮 By the numbers: Online spending during the five days from Thanksgiving to Cyber Monday was up 7.8% year over year, totaling $38 billion. The new numbers come days after Americans set a new Black Friday online spending record, shelling out $9.8 billion — a 7.5% jump from last year. The National Retail Federation separately reported that a record 200 million people shopped online and in person during the period between Thanksgiving and Cyber Monday. Keep reading. Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted December 1, 2023 Author Members Share Posted December 1, 2023 📈 Sizzling corporate profits Data: FactSet. Note: Seasonally adjusted annualized rate. Chart: Axios Visuals Corporate profits and the overall U.S. economy both boomed this summer despite high interest rates and persistent consumer gloom. 💰 By the numbers: New data from the U.S. Bureau of Economic Analysis shows total corporate profits in the third quarter grew 3.3% to an annualized rate of $3.28 trillion. That's just shy of the all-time peak of $3.3 trillion, reached a year ago, Axios Markets co-author Matt Phillips writes. Data: Commerce Department. Chart: Axios Visuals A GDP revision yesterday showed the economy grew at a 5.2% annual rate in Q3 — higher than preliminary estimates, Axios Macro's Neil Irwin and Courtenay Brown report. 🔮 What's next: The economy will almost certainly clock in a slower growth rate for the current quarter. Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted December 4, 2023 Author Members Share Posted December 4, 2023 S&P 500 rises on Friday to close at 2023 high: Live updates The S&P 500 soared to a closing high for 2023 on Friday, extending November’s rally into the new month. https://www.cnbc.com/2023/11/30/stock-market-today-live-update.html? Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
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