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The U.S. manufacturing sector is getting battered by high levels of inflation of the costs of inputs that businesses are struggling to pass on to consumers. The prices of materials and components used by manufacturers rose in May by 2.4 percent compared with April, a blazing hot level of inflation rarely experienced before the current bout of rising prices.

Although all votes have been counted, Pedro Castillo's right-wing rival, Keiko Fujimori, has called on some ballots to be annulled, claiming fraud. Leftist candidate Pedro Castillo claimed victory on Tuesday after the final votes were counted from Peru's June 6 presidential election, although his rival, right-wing candidate Keiko Fujimori, disputes the outcome. Although the count has been completed, the result has not been officially announced by election authorities. Nevertheless, Castillo thanked his supporters on Twitter. "A new time has begun," Castillo said in a tweet thanking his supporters. "Millions of Peruvians have stood up in defense of their dignity and...

On June 6, Rep. Mo Brooks, now running for the U.S. Senate, revealed that a private investigator paid by Eric Swalwell entered his home without his permission and confronted his wife to serve Brooks with a lawsuit related to January 6. Brooks said that the entry was illegal, and slammed Swalwell for sending his team to his home. In a press release, Brooks’ officec now says “Tuesday, a warrant was issued for the arrest of Congressman Eric Swalwell teammate Christian Seklecki of Georgia for the Class A misdemeanor of 1st Degree Criminal Trespass. Christian Seklecki illegally entered Congressman Mo Brooks’...

The Biden administration has announced plans to fight "domestic terrorism" by allowing Americans to report their own friends and family, who could be "potentially radicalized," to the government. One senior administration official emphasized the importance of preventing politically fueled violence before it started.

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PwC announced a $12 billion plan to hire an extra 100,000 people between 2021 and 2026.About 10,000 of these hires will be Black and Latinx students, it said Tuesday.The firm said it wanted to focus more on environmental, social, and governance advice to clients.See more stories on Insider's business page.PwC is spending $12 billion on a new plan to hire 100,000 people over the next five years."The New Equation" plan, announced on Tuesday, is set to pump money into recruitment, training, and technology at the firm, and focus PwC on giving clients more environmental, social, and governance advice, the company...

The Chinese government recently rushed out two new laws in an effort to increase its control over data and to counter foreign sanctions. These new laws have exponentially increased the risks of doing business in China.The first new law Beijing enacted is about data security. The law claims that data collected by government entities and companies in critical sectors such as finance, telecommunications, and other areas are part of “core state data.” Therefore, this data should be treated as “a new type of state-owned asset, and its data rights belong to the state.” The language of what constitutes “core state...

Ivory Hecker, the Fox affiliate reporter who went off-script during a Monday report that went viral, has been fired from her job at the Texas network. Hecker, who stated that "Fox Corp." was "muzzling" her and stopping viewers from receiving "certain information," now states that the station has been trying to prevent its reporters from covering hydroxychloroquine and its use in treating COVID-19 patients. What are the details? Hecker, a general assignment reporter, said Tuesday that she was fired after the viral report. In an interview with the Daily Beast, Hecker said that she lost her job via text after...

The recent ProPublica article claiming new insights into how the wealthy pay little or no income taxes has generated predictable, but uninformed, outrage among those who seek to make the rich pay their so-called “fair share.” But the ProPublica analysis contains logic errors and ignores important concepts built into the tax code. ProPublica disingenuously compares current taxes paid to income that includes unrealized gains without considering the fact that eventually those gains will be taxed. There is a difference between deferring taxes and eliminating taxes. A more honest analysis would factor in the present value of the taxes that will...

The newest wrinkle on pandemic corruption is how most of the medical and public health establishment refuses to accept natural immunity, obtained through COVID infection, as equivalent to or even better than the artificial immunity obtained from vaccines.The reason is simple. The more that natural immunity is accepted, the more reason there is to reject getting one of the experimental COVID vaccines. Half the US population from kids to adults likely have natural immunity, even though most never suffered any serious ill effects from being infected.And there clearly is an ongoing bulldozer over facts run by President Biden all the...

ELEVENTH WEEK IN ORDINARY TIME MATTHEW 6:1–6, 16–18 Friends, today’s Gospel asks us to do three things: pray, fast, and give alms. Let’s focus today on prayer. Studies show that prayer is a very common, very popular activity. Even those who profess no belief in God pray! What is prayer, and how should we pray? Prayer is intimate communion and conversation with God. Judging from Jesus’ own life, prayer is something that we ought to do often, especially at key moments of our lives. Well, how should we pray? What does it look like? You have to pray with faith,...

Ahead of The Federal Reserve meeting today, here are some interesting numbers that they won’t consider. 🙂 The US export price index (end use) for all commodities for 17.43% year-over-year in May. The import price index rose 10.83%. We were seeing a surge in commodity prices, like lumber and copper. But today we are seeing some air let out of the commodity tires with copper and nickel both down 4%. Gold and silver are up today. Here is a Tweet by famed investor (The Big Short) Michael J. Burry.

The White House on Wednesday scrambled to explain what Joe Biden meant when he nodded affirmatively in response to a question about whether or not he could trust Russian President Vladimir Putin. Biden briefly appeared with Putin for the press ahead of their meeting in Geneva, Switzerland.

President Obama's attorney general, Eric Holder, while in office, said the United States is "a nation of cowards" when it comes to race relations. He went on to say that, although there have been improvements in race relations, our country is still socially segregated. It was kind of odd to hear that from our country's first black A.G., appointed by our first black president. After all, tens of millions of whites voted for Obama against his opponent, John McCain, a white guy. Therefore, if more than half the nation wanted to be represented by a black man, wouldn't that indicate...

Pennsylvania legislators last week officially ended the state's COVID-19 "disaster emergency," which Gov. Tom Wolf repeatedly extended after declaring it 15 months ago. While the immediate practical effect of the legislature's vote will be minimal, it exemplifies an important step toward reining in the vast powers that Wolf and other governors have exercised during the pandemic. The Pennsylvania resolution was authorized by a constitutional amendment that voters approved last month, which changed the requirement for terminating a state of emergency from a two-thirds vote to a simple majority. Voters also passed an amendment that reduces the length of future emergency...

How bad? District-wide, just 28 percent of black students in grades 3-8 passed their 2019 state math exams and just 37 percent passed English. At some schools, almost no one passed: A whopping 94 percent of fifth-graders at PS 134 in Hollis, for example, flunked math; 83 percent bombed English. https://nypost.com/2021/06/15/black-parents-righteous-fury-at-nyc-public-school-failure/

Citing election irregularities, Calif. GOP candidates push case to Ninth CircuitStaff ReportSan Francisco – Thirteen congressional candidates intend to take their fight for fair and honest elections in California to the Ninth Circuit Court of Appeals, a nonpartisan elections watchdog group announced on Wednesday. The plaintiffs are challenging laws, regulations and election practices creating an environment ripe for irregularities, according to the Election Integrity Project California. “This is a potentially groundbreaking case that challenges the blatantly unconstitutional election practices taking place in California and increasingly, in other parts of the country” said Linda Paine, president of EIPCa. “Unlike other recent...

Until last year, Daniel Elder—a 34-year-old musician who lives in Nashville, Tennessee—had a promising career ahead of him. The theme of the prize-winning composer's work, truth through emotion, is evident across his catalogue of choral music, including his debut commercial album, The Heart's Reflection. Elder isn't composing very much these days. And even if he were, no one in the industry is willing to buy his work. His publisher has blackballed him. Local choral directors refuse to program his music for fear of provoking a backlash. They won't even let him sing in the choir. "My artistic wellspring is capped,"...

I've been very open about my own decision to get vaccinated, while highlighting excellent news about the vaccines' efficacy. They work remarkably well and have worked wonders, unlike the Chinese Communist Party's less sophisticated and less effective versions. Two points, before proceeding further. We know that some "breakthrough cases" do occur among vaccinated people, hence news accounts about recent positive tests from comedian Bill Maher, several New York Yankees, and a pair of passengers on an all-vaxxed cruise ship. The incredibly reassuring news about these examples is that Maher "never was sick, I felt nothing," which was also the case...

The latest battle front in the culture wars is over Critical Race Theory (CRT), a dangerous concept that makes race the prism through which all aspects of American life should be analyzed. Recently, stories about corporation inculcation of CRT among employees, and the embrace of CRT in core curricula of grade schools starting as early as kindergarten, have caused a severe backlash and clash of ideologies that have initiated a national debate and fight over this dangerous and controversial policy.Advocates for CRT (CRATs) specialize in sweeping generalities and vague assertions to sneak in a dangerous racist concept in order to...