FINANCE
Bidenflation Could Sink Democrat Electoral Hopes
Inflation in the US surged in November to 6.8% year-over-year, higher than expected and the largest in nearly 40 years, setting politicians and economist on edge that they are behind the inflation curve.
The result could be an economy that struggles to gain traction before next year's midterm elections.
Recently we...
Trump Tax Cuts Helped Lower-Income Families, Biden Helps The Elite Rich
(Bethany Blankley, The Center Square) Democrats have argued that the tax reforms implemented through the 2017 Tax Cuts and Jobs Act (TCJA) only benefited the rich, and that the Build Back Better Act (BBBA) will help middle-and working-class Americans the most.
But several nonpartisan groups found that the TCJA reduced...
Biden’s Spin Can’t Brighten Bleak November Jobs Report
President Joe Biden attempted to soften the blow delivered by the Department of Labor's bleak November Jobs Report, claiming in prepared remarks that "America is back to work and our jobs recovery is going very strong."
"Americans, on average, have more in their pockets today . . . than they did...
Virtue-Signaling Starbucks in Awkward Spot as Workers Move to Unionize
(Headline USA) The leftist-loving public image Starbucks has carefully cultivated is taking a hit as it fights an expanded effort to unionize its stores, even as a union vote proceeds at three of the coffee-chain's locations in Buffalo, New York.
Union organizers from three additional Buffalo-area stores appeared before the...
Even Christmas Tree Industry Falls Prey to ‘Brandon Admin’ Inflation
(Headline USA) Even Christmas trees aren’t immune to the pandemic-induced shortages and inflation plaguing the Joe Biden economy.
Some have argued that Democrat policies are largely to blame. That includes the increased energy costs as the Biden administration wages war on fossil fuels, as well as the devaluation of the...
Stocks Sink as Omicron, Rate Worries Rattle Wall Street
(Headline USA) Already antsy about newest coronavirus variant, Wall Street's losses deepened on Tuesday after the head of the Federal Reserve said it will consider shutting off its support for financial markets sooner than expected.
The S&P 500 was 1.3% lower in afternoon trading after Fed Chair Jerome Powell told...
Pork ‘n’ Potatoes: Amid Gov’t Spending Spree, Researchers Try to Link Spuds w/ Climate Change
(Headline USA) University of Maine researchers are trying to produce potatoes that can better withstand warming temperatures as the climate changes.
Warming temperatures and an extended growing season can lead to quality problems and disease, Gregory Porter, a professor of crop ecology and management, told the Bangor Daily News.
“The predictions...
Far-Left Oregon Refuses Calls to Divest from Fossil Fuels, Private Prisons, Etc.
(Headline USA) Oregon residents are increasingly pushing for the state to divest from fossil fuel companies and other controversial investments, but the state treasury is resisting and putting the onus on the Legislature.
In addition to fossil fuel companies, the state employee retirement fund is also invested in a company...
Thanksgiving More Expensive as Biden Policies Flame Inflation
(Bethany Blankley, The Center Square) As Americans prepare for Thanksgiving this year, traveling and cooking a family dinner will be significantly more expensive.
Inflation has increased by more than 6.2% this year, according to the consumer price index (CPI), representing the highest rate of price hikes in nearly 31 years.
In January 2021,...
Focus Intensifies on Hunter Biden’s China-Based Investment in Congolese Cobalt Mine
An investment company co-founded by President Joe Biden's son Hunter Biden engineered a "$3.8 billion purchase by a Chinese conglomerate of one of the world's largest cobalt deposits," according to a report in the New York Times.
In 2016, according to the Times, "Chinese mining outfit China Molybdenum" sought to...
MURDOCK: Constant State of Debt Crisis Easy to Fix If Dems Kick Spending Addiction
(Deroy Murdock, Headline USA) Janet Yellen should stop lying to the American people.
The Treasury secretary wrote House Speaker Nancy Pelosi, D-Calif., on Tuesday and oozed dishonesty.
Yellen cited "scenarios in which Treasury would be left with insufficient remaining resources to continue to finance the operations of the U.S. government beyond”...
White House Redoubles Support for Marxist Omarova as Comptroller of the Currency
The White House has issued a statement of support for President Biden's embattled nominee for the Office of the Comptroller of the Currency, Marxist academic Saule Omarova, according to FOX Business.
Omarova attended the Moscow State University on the V.I. Lenin Personal Academic Scholarship, and wrote her thesis on "Karl...
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