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99.8% of job growth under Trump was private sector—Biden’s includes 25% government jobs
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Approved, National, The Post Millennial

99.8% of job growth under Trump was private sector—Biden’s includes 25% government jobs

By Thomas Stevenson | Post Millennial Only around 75% of jobs added under Biden's last two years in office were added to the private sector. Under President Donald Trump's first few months in office during his second term, 99.8 percent of all job growth was in the private sector, in comparison to around 75 percent in the last two years of the Biden administration. In a press release, the White House touted the jobs numbers, saying, "Since President Trump took office, 99.8% of job gains have been in the private sector. During the final two years of the Biden Administration, one in four jobs created were in government," or 25 percent of job growth.  The jobs report for the month of May saw 139,000 jobs added to the economy, surpassing expectations from the Dow Jones as some have ...
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Anheuser-Busch invests $300M to boost manufacturing careers, veteran employment
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Approved, Fox Business, National

Anheuser-Busch invests $300M to boost manufacturing careers, veteran employment

By Daniella Genovese  | Fox Business Anheuser-Busch is planning to invest $300 million in its facilities across the U.S.  It's a move the beermaker said will bolster manufacturing jobs across the United States while also supporting veterans who are pursuing manufacturing careers. "This new $300 million investment in our manufacturing facilities across the U.S. is the latest example of Anheuser-Busch’s commitment to strengthening our local communities by creating and sustaining jobs and driving economic prosperity," Anheuser-Busch CEO Brendan Whitworth said in a statement. "Investing in our people and in new technologies and capabilities to drive industry and economic growth is core to who we are." READ THE FULL STORY AT FOX BUSINESS
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Trump signs ‘strategic economic partnership’ with Saudi Arabia
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Approved, Fox Business, National

Trump signs ‘strategic economic partnership’ with Saudi Arabia

By Caitlin McFall  | Fox Business President Donald Trump on Tuesday signed a "strategic economic partnership" alongside Saudi Arabian Crown Prince Mohammed bin Salman. The partnership included a series of deals on energy, defense, mining and space-based agreements that amount to $600 billion, and "could" help create up to 2 million U.S. jobs, Trump said on Tuesday.  Roughly a dozen memorandums of understanding and letters of intent were agreed to under the new partnership.  READ THE FULL STORY A FOX BUSINESS
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Rite Aid files for bankruptcy
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Approved, Fox Business, National

Rite Aid files for bankruptcy

By Daniella Genovese | Fox Business Rite Aid, which filed for bankruptcy twice in two years, will potentially close dozens of additional locations.  The pharmacy chain, which shuttered hundreds of its locations during its first bankruptcy proceeding, is now expected to close 47 stores due to a variety of factors, including financial underperformance and lack of interest from potential buyers. The company has already sold or closed 29 retail locations and entered into agreements to sell the prescription files of 63 additional stores. It is an about-face from 2023, when the company operated thousands of locations around the U.S. Since then, the debt-laden company has significantly reduced the size of its footprint as part of its turnaround strategy. READ THE FULL STORY AT FOX BUS...
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U.S. added 177,000 jobs in April, better than expected, as economy defies doomsayers
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Approved, Breitbart, National

U.S. added 177,000 jobs in April, better than expected, as economy defies doomsayers

By John Carney | Breitbart Employers in the United States added 177,000 workers to their payrolls in April, the Department of Labor said Friday, and the unemployment rate was unchanged at 4.2 percent, defying predictions of labor market sluggishness following President Trump’s announcement of tariffs. Economists had been expecting 130,000 jobs and an unemployment rate unchanged at 4.2 percent. The prior month’s jobs figure was revised down to 185,000 from 228,000. The strength in hiring came from the private sector, which added 167,000 jobs. Economists had expected private employers to add just 125,000 workers. This was nearly unchanged from the downwardly revised 170,000 jobs added in March. READ THE FULL STORY AT BREITBART
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US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh
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Approved, Fox Business, National

US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh

By Eric Revell  | Fox Business The U.S. economy contracted in the first quarter as President Donald Trump's economic agenda took effect, according to new data released on Wednesday. The Commerce Department's Bureau of Economic Analysis (BEA) released its advance estimate for first quarter gross domestic product (GDP), which found the U.S. economy contracted at an annual rate of 0.3% in the first quarter, which runs from January through March. Economists surveyed by LSEG had expected the economy to grow at a 0.3% rate in the quarter. The first quarter's 0.3% contraction was slower than the 2.4% GDP growth recorded in the fourth quarter. The quarterly contraction was the first since the first quarter of 2022. The decline in GDP was attributed primarily to an i...
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Walmart launches ‘Grow with US’ to support small, American-based businesses
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Approved, National, The Post Millennial

Walmart launches ‘Grow with US’ to support small, American-based businesses

By Thomas Stevenson | The Post Millennial Walmart announced on Monday that the company would be launching a "Grow with US" program aimed at helping small businesses in the US grow by selling American-made products. A statement released by Walmart on the program said that it is aiming to "help small businesses go big" with American-made products. The retail giant, which has been growing its ecommerce platform as a of late, said that the move is "building on the legacy Sam Walton established over 40 years ago" and looking to expand "support for American-made products through new programs like Grow with US — providing small businesses with new tools and paths for success." Walmart said that the program will be "making it easier for US-based entrepreneurs to navigate the complex...
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Amazon denies report that ‘tariff cost’ will be shown next to product prices
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Approved, Breitbart, National

Amazon denies report that ‘tariff cost’ will be shown next to product prices

By Simon Kent | Breitbart The price of products Amazon Inc. displays in its online store may soon include the listed price and how much was added to the value due to President Donald Trump’s tariff impositions. Punchbowl News reported on Tuesday that, according to a source familiar with the matter, the e-commerce giant will start showing the figure added to the value because of the duties right alongside a product’s total price. The move is reportedly an effort by Amazon to inform customers cost rises have nothing to do with it and everything to do with the Trump White House. READ THE FULL STORY AT BREITBART
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IBM announces $150B investment in US
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Approved, Fox Business, National

IBM announces $150B investment in US

By Pilar Arias  | Fox Business International Business Machines Corporation (IBM), one of the nation's largest technology employers, is planning to invest $150 billion in the U.S. "over the next five years to fuel the economy and to accelerate its role as the global leader in computing," according to a media release. "Technology doesn’t just build the future — it defines it," Arvind Krishna, IBM chairman, president and chief executive officer, said in a statement. "We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world’s most advanced computing and AI capabilities." Krishna will appear in an exclusive interview on The Claman Countdown ...
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Stocks attempt third day of gains, Trump eyes softer tariff tone
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Approved, Fox Business, National

Stocks attempt third day of gains, Trump eyes softer tariff tone

By FOX Business Team , Christina Shaw, Bradford Betz and Stephen Sorace | Fox Business Stocks are higher on Thursday, extending gains from the prior two sessions. The Dow Jones Industrial Average was up more than 300 points, or 0.8%, while the S&P 500 and Nasdaq Composite climbed 1.5% and 2%, respectively. The major indexes opened mixed on Thursday after China said there are no ongoing talks with the U.S. on tariffs. Ministry of Commerce spokesman He Yadong said on Thursday that "Any claims about the progress of China-U.S. trade negotiations are groundless as trying to catch the wind and have no factual basis," according to The Associated Press. READ THE FULL STORY AT FOX BUSINESS
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