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Saturday, November 23, 2024

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BuzzFeed Goes Broke, Sells Complex for $108.6M, Announces Layoffs

(Dmytro “Henry” Aleksandrov, Headline USA) BuzzFeed announced that it will lay off dozens of employees after selling Complex, just a little more than two years after buying the business. According to BuzzFeed's Feb. 21, 2024, press release, the sale will form a “new and wide-ranging destination for the future of commerce...

Soros-Backed Vice Media Is the Latest Leftist Outlet to Shut Down

(Jacob Bruns, Headline USA) Vice Media, a leftist outlet backed by globalist oligarch George Soros, is set to temporarily shut down operations, laying off hundreds of staffers and ceasing online publication, CNN reported. According to reports, the failing media company will undergo “fundamental changes” to its “strategic vision” as it...

Bad Commercial Real Estate Loans Put Strain on Banking System

(Mike Maharrey, Money Metals News Service) The commercial real estate market continues to deteriorate in this high-interest rate environment, putting stress on the banking system. The dollar amount of bad commercial real estate loans has ballooned beyond the loss reserves held by big banks to cover them as more and...

Texas May Be the Last Line of Defense in Soros’s Scheme to Control Airwaves

(Jacob Bruns, Headline USA) Globalist oligarch George Soros is on the verge of acquiring Audacy, one of the largest radio-show networks in the United States---a network that claims to be able to reach over 200 million people---according to bankruptcy filings reported last week by the New York Post. The radio...

Truckers Boycott N.Y. after Trump’s $355M Fine in Fishing Expedition

(Ben Sellers, Headline USA) The hashtag #TruckersForTrump was trending on Twitter with more than 70,000 posts on Monday following Judge Arthur Engoron's outrageous $355 million verdict against former President Donald Trump in a trial that many regarded as little more than the fulfillment of a campaign promise from Democrat...

Economists: Recession on Horizon

(Bethany Blankley, The Center Square) – Americans should brace for and expect a recession this year, economists are warning, arguing the details of the latest jobs report are not a good indicator. Even though the Federal Reserve has not yet forecasted a recession and is expected to cut the Fed...

Report: Army Spent Billions on Helicopter That Won’t Fly

(Ken Silva, Headline USA) Defense News has reported that the U.S. Army is abandoning its multibillion-dollar effort to build a new armed scout helicopter, known as the Future Attack Reconnaissance Aircraft. Citing budget documents, Defense News reported last week that the Army already spend $2 billion on the project and requested another...

Federal Spending Remains on ‘Unsustainable Long-Term Fiscal Path’

(Brett Rowland, The Center Square) A Ccongressional watchdog told President Joe Biden and Congress on Thursday that the federal government is on an "unsustainable long-term fiscal path." The report from the U.S Government Accountability Office comes a week after a Congressional Budget Office report found federal spending is projected to...

Dem. Rep. Wants $50 Minimum Wage in California as Consumers Pay Toll

(Jacob Bruns, Headline USA) At a Monday night debate in California, candidates for the United States Senate vied for the support of voters. One candidate in particular, Rep. Barbara Lee, D-Calif., floated the idea of raising the state's minimum wage to $50 per hour, Fox News reported. According to Lee, such...

Biden Slammed for Buying Chicken for Black Family in ‘Outreach’ Video

(Jacob Bruns, Headline USA) Before his landslide victory in South Carolina's Democratic primary on Saturday, President Joe Biden released a video in which he blatantly pandered to black voters while promoting ethnic stereotypes. The video was filmed during a recent visit to Raleigh, North Carolina---anticipated to be a key swing...

Super Bowl Ad Mocks, Perverts Christianity, Receives Pushback

(Dmytro “Henry” Aleksandrov, Headline USA) He Gets Us, an organization that pretends to spread Christian values while promoting far-left rhetoric, released its Super Bowl commercial, in which it showed that Christians should wash the feet of sinners, for which the organization received pushback. Among the people whose feet Christians should wash,...

Report: Unfunded Cost of Retirement Benefits Reaches $1.14 Trillion

(Tom Gantert, The Center Square) – New Jersey, California, New York, Texas and Illinois face a hundred billion plus deficit when it comes to paying for the benefits other than pensions promised to state retirees. The State of New Jersey's unfunded liability for post-retirement benefits other than pensions in state...
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