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McClendon says Trump’s Fourth of July celebration was great

President Donald Trump has been heavily criticized by his political opponents and by some media outlets for everything from his North Korea policy to his trade policy to the role that his daughter, Ivanka Trump Kushner, plays in the administration. The president’s many critics even criticized his decision to include a handful of tanks in … Continued
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July 8, 2019

Brooks applauds 304,000 new jobs in January

Rep. Mo Brooks (R-Alabama) praised the U.S. Department of Labor Bureau of Labor Statistics January jobs report on Friday. “On the plus side, the economy produced 304,000 new jobs in January and 2.2 million new jobs over the past year,” Brooks said in a statement. “Both are excellent numbers. Similarly, the monthly labor participation rate … Continued
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February 4, 2019

Dow gained over a thousand points Wednesday

Stocks rebounded Wednesday after getting hammered last week and on Christmas Eve. The Dow Jones Index gained 1086 points to close at 22,878. That is the largest points gained in a day for the index in history and was a 4.98 percent gain in value on the day. The move was broad-based and most indexes … Continued
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December 27, 2018

Stocks plummet in December

Christmas Eve saw stocks crater. This followed losses on most major indexes last week. With just a few business days left this year could be the worst December for stocks in history. The Dow Jones Index hit a new 52 week low on Monday of 21,792.20. That is its lowest level since September 2017. The … Continued
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December 25, 2018

Trump announces trade “understanding” with Mexico

Monday, President Donald J. Trump (R) announced that the United States has secured a preliminary trade agreement with Mexico. During the election, Trump was critical of existing trade agreements and vowed to renegotiate. The news was welcome both on the stock market and in the livestock markets. U.S. Representatives Robert Aderholt and Bradley Byrne both … Continued
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August 29, 2018

Rogers credits Republicans for strong economy

Thursday, Congressman Mike Rogers, R-Saks, told constituents in Moody that the strong economy is due to Republican policies. “When the new Congress came in we immediately began trying to rip out regulations that the Obama administration put on,” Rogers said. We used the Congressional Review Act to rip out regulations that we thought were onerous. … Continued
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August 21, 2018

February unemployment rate stays at record low of 3.7 percent

Alabama Gov. Kay Ivey announced that Alabama’s preliminary, seasonally adjusted February unemployment rate held steady at 3.7 percent. That is well below February 2017’s rate of 5.3 percent and maintains the record lows seen in recent months. February’s rate represents 80,685 unemployed persons, compared to 80,807 in January and 115,397 in February 2017. In Alabama, … Continued
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March 26, 2018
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President Trump, where is the winning?

By Josh Moon Alabama Political Reporter I have a question. I’m sitting here admiring my extra $1.50 and my new Costco membership, as the stock market makes that slide-whistle sound effect it used to make when ol’ W was in charge, and I just can’t help but wonder … The winning, when does it start? … Continued
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February 6, 2018