Latest Fed Beige Book Underscores "K-Shaped" Split Of US Economy

US Savings Rate Tumbles Despite Lowest Jobless Claims Data In 57 Years The number of Americans filing for unemployment benefits remained near its lowest levels since 1969 last week at just 197k (below the 200k exp)... Continuing jobless claims are also falling back to cyclical lows... Additionally, both income and spending are also trending higher... But overall, the savings rate is tumbling... So, the 'low hire, no fire' economy leaves Americans still spending but higher prices are forcing savings to be drawn down to maintain quality of life. Tyler...

The Trillion-Dollar Man Authored by Noel Williams via AmericanThinker.com, If he had any, Bernie would be pulling his hair out at the prospect of Elon Musk becoming a trillionaire. Socialist imbeciles spurn success, preferring downtrodden masses who wallow in government dependence rather than exerting individual independence. As is well known, socialists portray billionaires as a "policy mistake." Extrapolating from that, they must consider the potential coming of trillionaires as a policy catastrophe. The first man likely to reach that lofty target -- if his companies meet stringent performance objectives -- is Elon Musk. At first...

Gearing Up For Artemis II: NASA's High-Stakes Test Run Around the Moon NASA is gearing up for Artemis II, its first crewed mission to the moon since the Apollo era—but this one is more of a high-speed dress rehearsal than a landing, according to KSL.com. Four astronauts will take a roughly 10-day trip that loops around the moon and comes straight back, with no orbiting or moonwalks. The crew—Reid Wiseman, Victor Glover, Christina Koch, and Jeremy Hansen—marks a few firsts: the first woman, first person of color, and first non-American assigned...