November – One America News Network

NEW YORK, NEW YORK - OCTOBER 24: Governor of New York Kathy Hochul (L) and New York City Mayor Eric Adams react on stage during the New York Liberty Championship ticker tape parade celebrating winning the 2024 WNBA Finals on October 24, 2024 in New York City. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Elsa/Getty Images)

Stopping The Blue State Energy Wave

By Joseph R. Pitts
March 7, 2025

(Views expressed by guest commentators may not reflect the views of OAN or its affiliates.)

SAN ANSELMO, CALIFORNIA - FEBRUARY 07: In this photo illustration, Visa credit cards are displayed on February 07, 2024 in San Anselmo, California. According to a report by the Federal Reserve Bank of New York, credit card debt in the United States has reached $1.13 trillion. (Photo Illustration by Justin Sullivan/Getty Images)

Credit Card Defaults At Highest Level Since Great Recession In 2008

According to the Financial Times, U.S. credit card defaults increased to their highest level since the start of the 2008 Great Recession, which is a telling sign that lower-income Americans are struggling after dealing with years of high inflation.

A teller counts US dollar bills at an exchange office in Ankara on July 20, 2023. Turkey's central bank hiked its main interest rate for the second month in a row, but analysts said the unwinding of President Recep Tayyip Erdogan's unconventional policy was too timid to tame inflation. After years of cuts that aimed to boost growth but fuelled inflation and caused the lira to tumble, the bank doubled its rate last month from 8.5 percent to 15 percent. The latest hike was smaller, at 2.5 percentage points, taking the rate to 17.5 percent. (Photo by Adem ALTAN / AFP) (Photo by ADEM ALTAN/AFP via Getty Images)

Inflation Climbs To 2.7% Amid Rising Food And Gas Prices

Inflation rose for the second consecutive month in November, with the Consumer Price Index (CPI) showing a 2.7% annual increase—still above the Federal Reserve’s 2% target.

People line up outside of Macy's flagship store before opening on Black Friday, in New York City on November 29, 2024. The annual Black Friday shopping day has always been about finding the best deals, but this year retailers are preparing for a US consumer more zealously fixated than ever on getting value for their money. (Photo by Adam GRAY / AFP) (Photo by ADAM GRAY/AFP via Getty Images)

U.S. Inflation Increases 2.7% In November, Going Up For Second Consecutive Month In A Row

The latest report revealed by the Labor Department showed that U.S. inflation rose in November from the pace it set a month earlier, going up for the second month in a row.

SAN RAFAEL, CALIFORNIA - NOVEMBER 03: A now hiring sign is posted in front of a U-Haul rental center on November 03, 2023 in San Rafael, California. According to a report by the Bureau of Labor Statistics, job growth slowed in October with a total of 150,000 new jobs added compared to analyst expectations of 180,000. The unemployment rate inched up to 3.9% from 3.8%. (Photo by Justin Sullivan/Getty Images)

November Sees U.S. Job Growth Of 227K, Surpassing Projections

U.S. job growth fought back in November with strong payroll gains after the poor October jobs report reflected labor disruptions due to hurricanes and union strikes.

NEW YORK, NEW YORK - OCTOBER 08: Traders work on the floor of the New York Stock Exchange during morning trading on October 08, 2024 in New York City. Stocks opened up on the rise after the Dow Jones saw a loss of 400 points amid a rise in oil prices. (Photo by Michael M. Santiago/Getty Images)

Consumer Sentiment Rises but Misses Expectations

Consumer sentiment rose to 71.8 in November, marking the fourth monthly increase, but fell short of economists’ expectations (73.5) and the earlier 73.0 preliminary reading taken before the election.