Social Security conducting âmajorâ records cleanup, marking 7M listed age 120+ as deceased
DOGE says there remain millions of people with impossible ages who are âeligibleâ for Social Security checks
" The Department of Government Efficiency (DOGE) announced the ongoing records cleanup on social media, saying the process has taken weeks.
âFor the past 3 weeks, Social Security has been executing a major cleanup of their records. Approximately 7 million numberholders, all listed age 120+, have now been marked as deceased. Another ~5 million to go,â DOGE announced on social media.
The effort comes after billionaire Elon Musk, the face of DOGE, highlighted the huge number of Social Security numbers assigned to Americans with unlikely or impossible ages."
Private sector added 155K jobs in March, above expectations, ADP says
ADP releases private sector jobs data
" The figure is above economistsâ estimates of 115,000 jobs and also more than the prior monthâs upwardly revised reading of 84,000. Annual pay was up 4.6%, down from the prior month, ADP said.
âDespite policy uncertainty and downbeat consumers, the bottom line is this: The March topline number was a good one for the economy and employers of all sizes, if not necessarily all sectors,â said Nela Richardson, ADPâs chief economist.
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New China tariffs against the U.S. will go into effect on April 10"
" China announced Friday it will impose 34% tariffs on the U.S., just days after President Donald Trump unveiled the same amount against Beijing under his reciprocal tariff plan.
âChina played it wrong, they panicked â the one thing they cannot afford to do,â Trump wrote on Truth Social Friday.
Chinese Foreign Ministry spokesperson Guo Jiakun said at a briefing in Beijing yesterday that âThe U.S. announced tariff hikes on imports from many countries, including China, under the pretext of reciprocityâ and that âThis gravely violates World Trade Organization rules, and undermines the rules-based multilateral trading system.â
Buckle up Buckaroos
Bottom is not in yet for the markets, but when S&P500 breaks 5k, it will be an excellent buying opportunity
U.S. payrolls rose by 228,000 in March, but unemployment rate increases to 4.2%
Published Fri, Apr 4 20258:31 AM EDTUpdated Fri, Apr 4 20259:32 AM EDT
" Job growth was stronger than expected in March, providing at least temporary reassurance that the labor market is stable, the Labor Department reported Friday.
Nonfarm payrolls increased 228,000 for the month, up from the revised 117,000 in February and better than the Dow Jones estimate for 140,000, according to the Bureau of Labor Statistics.
However, the unemployment rate moved up to 4.2%, higher than the 4.1% forecast as the labor force participation rate also increased.
Though the headline number beat estimates, the report comes against a highly uncertain backdrop after President Donald Trumpâs tariff announcement this week that has intensified fears of a global trade war that could damage economic growth.
" After finding $382 million in fraudulent unemployment payments since 2020, the Department of Government Efficiency (DOGE) identified California, New York and Massachusetts as the primary culprits.
The three Democrat-led states accounted for $305 million in improper claim payments, DOGE said Thursday.
The group added that California also accounted for 68% of the benefits that were dispensed under former President Joe Biden to parolees identified by federal authorities as being on the governmentâs terrorist watchlist, or who had criminal records.
California, New York and Massachusetts all have a Democratic trifecta â meaning Democrats control the state House, Senate and the governorâs office. They also have a Democratic triplex, which includes party control of the Attorney General, Secretary of State and governorship.
California, Massachusetts and New York all have a Democratic trifecta â meaning Democrats control the state House, Senate and the governorâs office. (Getty Images/Fox News)
âThereâs a reason for the mass exodus from Democrat-run states that have mismanaged their economies and driven residents to the nearest Republican-led state,â White House spokesperson Harrison Fields told Fox News Digital. âHigh taxes, poor stewardship of taxpayer dollars and progressive policies continue to yield negative results, which is why Americans overwhelmingly support the work of DOGE.â
Earlier this week, DOGE reported that since 2020, hundreds of millions in fraudulent unemployment benefits went to tens of thousands of recipients listed as over 115 years old, between ages 1 and 5, or even with birthdates that havenât occurred yet.
âThis is another incredible discovery by the DOGE team, finding nearly $400 million in fraudulent unemployment payments. The Labor Department is committed to recovering Americansâ stolen tax dollars. We will catch these thieves and keep working to root out egregious fraud,â said Labor Department Secretary Lori Chavez-DeRemer.
Additionally, DOGE also found this week that it was âroutineâ under the Biden administration to admit immigrants into the country with minimal screening and, as a result, led to more than 6,000 people â either with criminal records, or flagged on the FBIâs terror watchlist â entering the country.
Furthermore, DOGE found, hundreds of these people were able to collect public benefits â including approximately $42,000 through the governmentâs unemployment insurance program. These people also collected money from federal student loan programs, food stamp programs and IRS tax refunds.
Published April 13, 2025 2:32pm EDT
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" EXCLUSIVE: All 15 Arizona counties have now begun the process of verifying and removing noncitizens from their voter rolls, including nearly 50,000 registrants who did not provide proof of U.S. citizenship.
âThis settlement is a great result for all Arizonans,â America First Legal (AFL) senior counsel James Rogers told Fox News Digital after his organizationâs successful lawsuit spearheaded the process in Arizona.
AFL filed the lawsuit against the 15 Arizona counties last year on behalf of EZAZ.org, and Yvonne Cahill, a registered voter and naturalized citizen, arguing that the counties had not been following a state law that requires proof of citizenship to vote in local and state elections and for the state to do monthly checks of the rolls for noncitizens."
Talk to your advisors, If you are jittery about tariffs and trade war might and bought below 5k, might be a good time to sell into strength, between these levels and 5,777 for sp500 might see some selling pressure in the future days a weeks.
If you are in it for the long term I think American markets are getting ready for big Bull run in the coming years, [As long as this Administration can continue successfully with its agendas: tax cuts, fair trade, ending wars. etc], even if there may be more short term tariff war pain that may be on the horizon in the coming months.
Talk to your advisors, might be a good time to start thinking about taking some profits on Gold.
President Donald Trump hailed progress toward peace across the Middle East in an address in Saudi Arabia on Tuesday, urging the region to pursue economic development rather than Iranâs âself-destructiveâ path.
Trump made the comments during a speech in Riyadh shortly after meeting with Crown Prince Mohammed bin Salman. Trump vowed to continue Americaâs strong partnership with the Saudi government and also condemned Western âinterventionalistâ policies that have brought disaster in the Middle East.
âIf the responsible nations of this region seize this moment, put aside your differences and focus on the interests that unite you, then all humanity will soon be amazed at what we will see here in the geographic center of the world, and the spiritual heart of its greatest faiths,â Trump said.
âBefore our eyes, a new generation of leaders is transcending the ancient conflicts and tired divisions of the past, and forging a future where the Middle East is defined by commerce, not chaos; where it exports technology, not terrorism; and where people of different nations, religions, and creeds are building cities together, not bombing each other,â he added.
U.S. President Donald J. Trump and Saudi Crown Prince Mohammed bin Salman attend a bilateral meeting at the Saudi Royal Court on May 13, 2025, in Riyadh, Saudi Arabia. (Photo by Win McNamee/Getty Images)
âIt is crucial for the wider world to note, this great transformation has not come from Western interventionalists flying in with lectures on how to live or how to govern your own affairs. The gleaming marvels of Riyadh and Abu Dhabi were not created by the so-called nation-builders, neo-cons, or liberal non-profits like those who spent trillions failing to develop Kabul and Baghdad,â he continued.
Trumpâs speech came after he and Salman signed several economic agreements totaling $600 billion in trade deals. The agreements could help create up to 2 million U.S. jobs, Trump said."