Today’s Top Stories From the Breitbart News Desk

[Maganomics]( Today’s Top Stories From the Breitbart News Desk Take a walk down the central shopping district of any given American city. You’re likely to find storefronts still boarded up after the looting and riots of this summer. Chicago’s Magnificent Mile, for example, resembles a ghost town, with many shops still unopened and many sparsely patronized despite the official reopening of the local economy. Wood boards over windows declare support for Black Lives Matter, a plea for mercy from potential looters. Add to that the fact that many retail outlets, especially restaurants, are only partially open – operating at a quarter to half capacity – and it becomes easier to understand why jobless claims remain historically high. Even with claims falling by a better-than-expected 130,000, they remain higher than at any time prior to the pandemic. Unemployment claims came in at 881,000, the lowest since the pandemic hit. And survey data from services sector purchasing managers suggests that despite the headwinds, the services sector expanded for a third consecutive month in August. So the economy is still expanding. The ongoing violence in cities and the now ever-present prospect of new riots adds to the drag created by Democrat insistence that we may need to shut down the economy again and cannot open schools. This is a recipe for economic weakness in the weeks and months ahead of the 2020 election. To put it mildly, that’s not going to make President Trump’s reelection any easier. No wonder the stock market, which has done very well during the reopening cycle, started to show signs of rising fear today. – Alex Marlow, Breitbart News Network --------------------------------------------------------------- TOP STORY [image] [Queens Restaurant Files $2 Billion Lawsuit over NYC’s Indoor Dining Restrictions]( A Queens restaurant filed a $2 billion lawsuit this week against Mayor Bill de Blasio (D) and Gov. Andrew Cuomo (D) regarding indoor dining rules. “The lawsuit – which covers Il Bacco restaurant and ‘on behalf of all others similarly situated’ – argues the shutdowns unfairly and unscientifically impact New York City eateries and more than 150,000 restaurant workers who remain unemployed,” according to Patch.com. The lawsuit stated in bold capital letters that Il Bacco was located “ONE” block away from Nassau County, where customers were allowed to eat inside. [[Click here for more]( Recommended Link [Man Who Predicted 2020 Crash Now Says “Second Wave” Coming…]( [image]( The firm that called the EXACT PEAK of the dot-com boom [has just issued another major prediction.]( If you’ve got money invested in the market – and especially in popular tech stocks – this is critical information for the days ahead… [Watch the Video]( -- IN OTHER STORIES… [Ted Cruz: Democrats Deliberately Stalling Economic Relief to Hurt Trump in the Election]( Sen. Ted Cruz (R-TX) believes his Democrat counterparts are deliberately stalling a deal to provide the American people with further economic relief because they think it will benefit them politically in November. [[Click here for more]( [U.S. Services Sector Growth Continued in August]( The Institute for Supply Management’s index of activity in the services sector dipped to 56.9, 1.2 percentage points lower than the surprisingly strong July reading of 58.1. This indicates growth in the services sector for the third straight month and the 125th time in the last 127 months, with the exception of April’s and May’s contractions. [[Click here for more]( [Jobless Claims Fall to 881,000, Lowest Since Pandemic Hit]( Fewer than one million U.S. workers filed new claims for unemployment benefits in the final week of August, the Labor Department said in its weekly report Thursday. The government said there were 881,000 new claims for the week ending August 29, a new low for unemployment claims since the labor market was rocked by the coronavirus pandemic. Economists had forecast 958,000 new claims, down from the 1.006 million initially reported for the prior week. The prior week was revised up by 5,000 to 1,011,000. [[Click here for more]( --------------------------------------------------------------- FROM THE MAGANOMICS INSTITUTE… [Cities Are Doing Better Than Most People Think]( Many say the pandemic’s driving hordes of people from major cities. But is that really the case? [[Click here for more]( --------------------------------------------------------------- Get Instant Access Click to read these free reports and automatically sign up for daily research. [image]( [The Ultimate Guide to Taking Back Your Privacy]( [image]( [The Three Best Gold Coin Deals on the Market Today]( [image]( [An Insider's Guide to Making a Fortune from Small Tech Stocks]( [Maganomics]( Maganomics Institute 55 NE 5th Ave, Delray Beach, FL 33484 [www.maganomics.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Maganomics welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. 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