Top Story: U.S. Economic Growth Was Weaker than Expected in Third Quarter
Day: October 31, 2024
01: Passionately Catholic
U.S. Economic Growth Was Weaker than Expected in Third Quarter
The U.S. economy grew at a rate of 2.8% in the third quarter of 2024, according to Bureau of Economic Analysis (BEA) statistics released Wednesday.
The growth in the third quarter comes after a better-than-expected 3.0% growth rate in the second quarter of 2024, according to the BEA. Economists forecast that GDP would increase by about 3.0% in the third quarter, according to Forecast.com.
Read MoreTop Commentary: The Left Wants to Delegitimize the Supreme Court
TSNN Featured: Virginia A.G. Jason Miyares Still ‘Deeply Concerned’ by Biden-Harris Push for Noncitizen Voters After Supreme Court Victory
Commentary: The Left Wants to Delegitimize the Supreme Court
The Biden-Harris administration has made undermining trust in institutions a central tactic. While they claim to fight authoritarianism, their real battle is against the checks and balances that limit their power. For them, separation of powers, Article III, and the First Amendment are affronts to their quest for centralized authority.
Leaks, once a tool for exposing corruption, are now wielded as political weapons — not to uncover wrongdoing but to sow chaos and erode public confidence in the courts. This is not about transparency; it’s about controlling the narrative.
Read More‘Cannot Continue’: Major Automaker Hits the Gas on Cost Cuts amid Tepid EV Demand, Increased Chinese Competition
Volkswagen (VW) said Wednesday that it needs to cut costs amid slackening consumer demand for electric vehicles (EVs) and weaker car sales in China.
VW’s profits fell 64% in the third quarter of 2024, driving the company’s share price to its lowest level since October 2010. Now, the world’s largest automaker by sales is looking to lower its expenses, with VW’s top labor leader announcing earlier this week that the company was aiming to shut at least three of its German factories, slash wages 10% and lay off thousands of employees.
Read MoreMusic Spotlight: Colonel Cobalt
Music Spotlight artist Austin Moody was the first to tell me about Colonel Cobalt. Then, when B! Noticed PR messaged me about him, I decided to check him out.
The first song they sent me was “Phatt.” Their sound reminded me a little bit of the lowkey rock music my uncle used to listen to, but I don’t think “phatt” was a word back then.
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