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Saturday, November 16, 2024

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Disney to Ax 7,000 Staff in Cost-Cutting Effort after Streaming Platform Tanks

(Molly Bruns, Headline USA) In a recent earnings report, the Walt Disney Company revealed that its streaming platform, Disney+, lost 2.4 million subscribers, resulting in the need for a massive reorganization within the company. With the recent monthly upcharge for for the monthly streaming service—which went from $7.99 to $10.99—projections...

Militarized IRS Plans to Target Restaurant Tips

(Jacob Bruns, Headline USA) President Joe Biden's newly militarized Internal Revenue Service plans to target restaurant tips as it seeks new revenue streams to fund Democrats' out-of-control spending, Fox News reported. Despite repeated assurances that their new 87,000 armed agents would only crack down on the ultra-wealthy, the tax bureaucracy...

Bankman–Fried’s Uncontrolled Blabbing a ‘Gift’ to Federal Prosecutors

(Headline USA) For federal prosecutors, disgraced Democrat donor Sam Bankman--Fried could be the gift that keeps on giving. After the November collapse of FTX, the cryptocurrency exchange he founded in 2019, Bankman--Fried unexpectedly gave a series of interviews intended to present his version of events. He was indicted in December and...

As Biden Plans to Tout Booming Economy, ACTUAL Jobs Data May Paint Bleaker Picture

(Ken Silva, Headline USA) Friday’s unadjusted jobs report said the U.S. lost 2.5 million jobs last month, but the adjusted report said the country gained 517,000 jobs—a disparity that had some economists questioning the veracity of data released by the U.S. government. With employers typically laying off workers immediately after the...

Business Owners Highlight Cost of Inflation

(Brett Rowland, The Center Square) Business owners from West Virginia told the powerful U.S. House Ways and Means Committee on Monday that they are struggling with inflation, among other problems, as the economy continues to shift gears from the pandemic. Tom Plaugher is the vice president of operations for Allegheny Wood...

Fauci Charging Upwards $100K for Speaking Engagements

(Headline USA) After milking taxpayers for hundreds of thousands of dollars for failing as the country's COVID czar, and reaping even more likely ill-gotten loot through suspect marketing deals, Dr. Anthony Fauci is reportedly charging up to $100,00 for speaking engagements. Fauci, who was the highest paid federal employee before...

Biden Takes Out $250K Line of Credit on Delaware Home Amidst DOJ Investigations

(Headline USA) President Joe Biden took out a $250,000 line of credit against his Delaware beach home around the same time the Justice Department launched an investigation into his mishandling of classified documents. Biden took out the home equity variable rate line of credit from M&T Bank on Dec. 5, 2022,...

Woke PayPal Will Fire 2,000 Employees

(Dmytro “Henry” Aleksandrov, Headline USA) Financial technology company PayPal announced on Tuesday that it will fire about 2,000 of its employees, which is 7% of its whole workforce, as the payment processing service faces what they call a "challenging macroeconomic environment," or "get woke - go broke" in non--Orwellian language. "These...

Maxine Waters Paid Daughter $192K in 2022 Campaign Funds

(Headline USA) Rep. Maxine Waters, D-Calif., paid her daughter nearly $200,000 in campaign cash during the 2022 election cycle, according to a new report. Federal Election Commission filings reviewed by Fox News show Waters’s campaign paid Karen Waters $192,300 for a “slate mailer” operation between Jan. 2021 and Dec. 2022. Slate-mailing...

Bernie Sanders Hosts Anti-Capitalist Rally, Charges $100 for Seats

(Molly Bruns, Headline USA) Sen. Bernie Sanders, I-Vt., is hosting an event to promote his new book and smear capitalism, which will cost $100 per seat for his supporters to attend. According to Breitbart, tickets for the event, titled "It's Okay to be Angry about Capitalism," are being sold via...

Think Tank: Fewer Gov’t Regulations Could Help Alleviate Housing Crisis

(Glenn Minnis, The Center Square) Three out of every four voters agree that housing affordability is a problem, with many saying they would like to see government take more direct action in easing the burden for residents, said a recent poll from the State Policy Network. Pollsters found that 63%...

Treasury Dept. Plans to Ramp Up Borrowing Despite Debt-Ceiling Crisis

(Headline USA) The Treasury Department said Monday it plans to increase its borrowing during the first three months of 2023, even as the federal government is bumping up against a $31.4 trillion limit on its legal borrowing authority. The U.S. plans to borrow $932 billion during the January-to-March quarter. That's...
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