Business

Federal Reserve chairman Jerome Powell expressed optimism about the “extraordinary times” for the U.S. economy right now at an event with business economists on Oct. 2. Powell said, “The economy is strong, unemployment is near 50-year lows, and inflation is roughly at our 2 percent objective, and the baseline outlook of many forecasters in and outside the Fed is for more of the same.”

Former mayor Michael Bloomberg promised in June he’d spend $80 million on Democrats in an attempt to “flip the House” this November. Now Axios, says he’s already surpassed that number and is heading toward $100 million.

Amazon CEO and founder Jeff Bezos is now the world’s wealthiest man, and the liberal media love denouncing him for it. They’ve also started telling him what to do with his money and power now that he’s begun giving some of it away. Bezos is estimated to be worth $162 billion, and he and his wife announced on Sept. 13, they would give $2 billion to address homelessness and preschool education.

Democratic socialist Sen. Bernie Sanders has at least one media champion for his Stop BEZOS Act. The bill, which is obviously targeting CEO Jeff Bezos of Amazon, would levy a 100 percent tax on companies in the amount their employees receive in federal benefits.

It was the $40 trillion question.And once again, Democratic candidate Alexandria Ocasio-Cortez refused to answer it. Like other Democratic socialists and many progressives, Ocasio-Cortez has a long list of government giveaway programs. But even when confronted with a price tag, wouldn’t say how they’d be paid for (or who would pay).

Hurricane Florence is heading towards the Carolinas as a Category 4 hurricane — but media hype is making a bad situation even worse. Journalists are already pushing climate change and fantasizing about creating a new category of hurricanes. The Washington Post seized the opportunity on Sept. 11, to promote “new research” on a favorite climate alarmist talking point. The headline of reporter…

Authoritarian governments are known for having a boot on the neck of freedom. CNBC’s on air editor Rick Santelli said the Obama administration had a "boot on business." Santelli was rumbling with former Obama official and Brookings Institution economist Aaron Klein over taxes, spending and whether the Obama administration enacted “pro-growth” economic reforms.

On Wednesday, MRC’s Dan Gainor appeared alongside tech expert Lance Ulanoff on Fox Business’ After the Bell to discuss Twitter CEO Jack Dorsey’s testimony before Congress. At the hearing the Dorsey denied any allegations that there was censorship of conservatives, however Gainor insisted that this was contrary to the evidence.

Apocalyptic screeds are hard to accept from people who hypocritically demand governmental action without making changes in their own lives. But that never seems to stop entertainment elite. Two hundred actors, musicians and scientists signed on to an apocalyptic warning to the world. Together they demanded politicians act “firmly and immediately” on climate change, according to France 24.

Stocks set records, consumer confidence shot up, and economic growth estimates were revised up. These three good economic news stories happened back to back to back on Aug. 27-29. Meanwhile, ABC World News Tonight, CBS Evening News and NBC Nightly News ignored all three on those nights.

Left-wing journalism has a major backer in Craigslist founder Craig Newmark. He just gave a $1 million unrestricted gift to Mother Jones, a “progressive” online magazine. The Poynter Institute reported on Aug. 27, the funding is to “boost the investigative outlet’s ability to combat disinformation campaigns against the American people.”

Both the media and liberal billionaire Tom Steyer are preoccupied with the potential for President Donald Trump’s impeachment, according to Fox News hosts and MRC’s Dan Gainor. “Remember going back even before he took office, you had people calling for his impeachment,” Gainor told Fox & Friends on Aug. 27. “The left has been out to get him the whole time.”  

Comedian Bill Maher donated $1 million to Senate Democrats to try to help them retake a majority as a result of the midterm elections this November.