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Friday, November 15, 2024

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Nike Flees Seattle’s Crime and Violence

(Dmytro “Henry” Aleksandrov, Headline USA) Nike's popular Seattle location is closing its doors and fleeing the city under threat of skyrocketing crime, joining a growing number of high-profile corporations that have bolted from the city. The store that was located at the corner of Sixth Avenue and Pike Street closed its doors...

CBO Projects Social Security Depleted by 2033 Without Changes

(Brett Rowland, The Center Square) Fresh projections from the Congressional Budget Office show the Old-Age and Survivors Insurance Trust Fund would be exhausted by 2033 if benefits are paid as scheduled. In January, Social Security beneficiaries got an 8.7% increase in monthly checks, the largest cost-of-living adjustment since 1981. The increase...

Buttigieg, Other Biden Officials Skipped Critical Supply Chain Meetings

(Dmytro “Henry” Aleksandrov, Headline USA) Transportation Secretary Pete Buttigieg and other officials from the Biden administration decided they had better things to do than attending meetings over the supply chain crisis that rocked consumers, businesses and the economy. A public records request from the Functional Government Institute revealed that, among other...

Existing Home Sales Slid 17.8% Last Year

(Brett Rowland, The Center Square) Sales of existing homes fell 17.8% in 2022, marking the weakest sales performance since 2014 as interest rates climbed. Interest rates rose quickly last year, a factor that weighed on the residential real estate market. The 30-year fixed-rate mortgage averaged 6.15% as of Jan. 19, down...

Google Axes 12,000 Jobs as Layoffs Spread Throughout Tech Sector

(Headline USA) Google is laying off 12,000 workers, or about 6% of its workforce, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbed. CEO Sundar Pichai informed staff Friday at the Silicon Valley giant about the cuts in...

Youngkin Rejects $3.5B Ford Plant Due to China Concerns

(Molly Bruns, Headline USA) Virginia Gov. Glenn Youngkin rejected a deal with Ford Motor Company to build a $3.5 billion battery plant in his state due to concerns over the company's relationship with China. According to the Daily Wire, the plant in southern Virginia's Pittsylvania County would have manufactured batteries...

Americans Feel the Pain of Higher Housing Costs

(The Center Square) Americans are feeling the pain of inflation, especially when it comes to housing. U.S. News and World Report surveyed 2,000 adults who either had to move back in with their family or got a roommate or housemate because of the higher cost of living. They made that...

Inflation Overshadows Biden’s Boasts on Rising Wages

(The Center Square) – President Joe Biden touted Americans' rising wages over the weekend, but a closer look shows there is more to the story. “More Americans have health insurance than ever in history,” Biden wrote on Twitter. “Fewer families are facing foreclosure today than before the pandemic. And wages...

CNN Shutters Its Once Vaunted Atlanta Headquarters

(Jacob Bruns, Headline USA) Financially troubled CNN is fleeing its longtime downtown Atlanta, Georgia headquarters in order to take up residence in the suburbs, the Washington Examiner reported. The news comes as the network faces flagging ratings and deepening financial troubles, despite its recent hire of RINO ex-Rep. Adam Kinzinger as a...

Tennessee Lawmakers Introduce “Tennessee Bullion Depository Act”

Tennessee Lawmakers Introduce "Tennessee Bullion Depository Act" (Nashville, Tennessee, USA – January 12th, 2023) - Building on the success of passing a full sales tax exemption on precious metals (HB 1874 and SB 1857) in 2022, lawmakers in Tennessee have set their sights on another pro-sound money effort: an in-state bullion...

From Tea Party to Kool-Aid: GOP Rep. Wants Zelenskyy Bust in Congress

(Jacob Bruns, Headline USA) Former Tea Party leader, Rep. Joe Wilson, R-S.C., betrayed his own constituents, putting forward a resolution to display a bust of Ukrainian President and amateur actor Volodymyr Zelenskyy in the United States Capitol. Wilson, who has served in Congress since 2001 and who is senior member...

Woke ESG BlackRock Sinks a $1.5T Loss, Sparks Mass Layoffs

(Mark Pellin, Headline USA) The deep state corporate ally BlackRock logged a $1.5 trillion loss in assets for the third quarter of 2022, leading to mass layoffs after pushing radical leftist environmental and social policies and struggling along with other companies in Biden’s failed economy. While the corporation’s assets remained a...
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