Today’s Top Stories From the Breitbart News Desk

[Maganomics Daily]( Today’s Top Stories From the Breitbart News Desk Today’s report on jobless claims highlighted the cost of Nancy Pelosi’s resistance to passing economic relief legislation. New claims for unemployment benefits jumped to 898,000, which is 53,000 higher than the prior week. Economists had been expecting a decline to 830,000. The airlines had said they would be furloughing thousands of workers if they did not get more government aid. Small businesses, many of which are still operating in areas under partial lockdown, are no doubt letting workers go because without another injection of aid, they cannot keep staffing up while sales are stifled. Job losses at both airlines and small businesses could be avoided with more aid, but Democrats have decided that their political interests – denying Trump a “win” – are more important. [Tech genius says this is the next tech cash cow]( The Philadelphia Fed’s manufacturing index surged higher, indicating widespread optimism and business plans to invest in capital equipment and hire more workers. Manufacturing has been a source of strength in the pandemic economy because it has been easier for employers to improve workplace safety in that sector than in either office work or retail. That ought to factor into the cost of any future trade deals that would send more factory jobs overseas. – Alex Marlow, Breitbart News Network --------------------------------------------------------------- TOP STORY [image] [Jobless Claims Unexpectedly Rise to 898,000]( The U.S. labor market stumbled in early October. After spending several weeks in a rut, barely improving, U.S. jobless claims moved higher in the week ending October 10 to 898,000. That is 53,000 claims above the prior week’s level. Economists had expected claims to decline to 830,000. Hopes for an economic support package from Congress have been dashed by House Speaker Nancy Pelosi’s determination not to do a deal with the Trump administration before Election Day. [[Click here for more]( Recommended Link [[URGENT] Special Warning to President Trump]( [image]( Jeff Brown is a member of the U.S. Chamber of Digital Commerce… And has been asked to share his expertise with officials at the highest level of our national defense and intelligence communities. Today, he’s [issuing a special warning to Mr. Trump](. Jeff recently sat down with Tech Minute’s Chris Hurt to discuss something shocking that he believes is on the verge of occurring here in America… A “Second Wave” that involves the stock market… the election… as well as 5 popular tech “darlings” that could crash hard. But this doesn’t only personally involve President Trump. If you’ve got money in the market right now, [watch Jeff’s recent interview. And, please, prepare yourself accordingly for this urgent situation]( [WATCH: Jeff’s Warning]( -- IN OTHER STORIES… [Boeing Reports Order Cancellations and Drop in Aircraft Deliveries]( Boeing reported more cancellations this week for the embattled 737 Max airliner and eleven total aircraft deliveries. The company delivered twice as many airplanes to airlines last September. Customers have canceled a total of 436 orders for the plane since the fleet was grounded by nations around the globe. Investors keep close tabs on the total number of aircraft that Boeing and its competitors deliver to customers. Both Boeing and Airbus have seen a decline in deliveries due to the ongoing coronavirus pandemic. [[Click here for more]( [Philly’s Back: Fed Manufacturing Index Unexpectedly Surges to Pre-Pandemic Heights]( The Philadelphia Fed’s gauge of the manufacturing sector unexpectedly surged higher in October, soaring beyond typical pre-pandemic levels. The manufacturing index jumped to 32.3 in October from 15 in September. Economists had expected the index to slide to 13.5. The Philly Fed said the results indicate “widespread optimism” about the next six months. [[Click here for more]( [Donald Trump: Biden Family ‘Corrupt as Hell’ for Pursuing Deals in China]( President Donald Trump criticized former Vice President Joe Biden at a campaign rally in North Carolina on Thursday afternoon for allowing his son Hunter to pursue deals with China. He warned that Hunter’s foreign interests would mean his father, Joe Biden, would never hold China accountable for allowing the coronavirus to spread across the world. [[Click here for more]( --------------------------------------------------------------- FROM THE MAGANOMICS INSTITUTE… [The Hollowing-Out of the Middle Class]( The middle class is shrinking as the country’s wealth gap continues to widen… [[Click here for more]( --------------------------------------------------------------- Get Instant Access Click to read these free reports and automatically sign up for daily research. [image]( [The Gold Investor's Guide]( [image]( [Free Report: America's #1 Portfolio Protection Plan]( [image]( [The Trader’s Guide to Technical Analysis]( [Maganomics]( Maganomics Institute 55 NE 5th Avenue, Delray Beach, FL 33483 [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. 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