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Wednesday, November 13, 2024

FINANCE

Treasury’s Yellen Cops to Inflation Ignorance

(Tony Sifert, Headline USA) Treasury Secretary and former Federal Reserve chairman Janet Yellen -- fresh from encouraging poor black women to have more abortions -- has admitted that she has been wrong about the seriousness of the inflation problem since President Biden took office. .@SecYellen on inflation being transitory: "I...

Graduating Senior Holds Signing Ceremony for Plumber Apprenticeship

(Molly Bruns, Headline USA) Who has greater value to society: elite, college-bound athletes or the plumbers who help them unclog their toilets? As a growing number of people begin to question the purpose and benefit of increasingly woke university indoctrination centers, one high-schooler found a lighthearted way to call attention...

Desperate to Stop Industry Exodus, Calif. Considers Major Tax Cuts

(Madison Hirneisen, The Center Square) A bill that would provide a full sales and use tax exemption for purchases of manufacturing and research and development equipment up to $200 million was advanced by Assembly lawmakers. The bill, which passed the Assembly in a 74-0 vote, expands California’s existing partial sales and...

Philly Schools Need Nearly $2B in Fed. COVID Funds to Offset Bad Budgeting

(Tom Gantert and Brett Rowland, The Center Square) The Philadelphia public school district is relying on $1.8 billion of the federal government's emergency COVID-19 funding to stay out of a deficit. The district's audited budget said the one-time COVID-19 relief money is expected to keep the district out of the...

GOP Govs. in 19 States Call on Biden to Ease Baby-Formula Hindrances

(Tom Joyce, The Center Square) A group of 19 Republican governors sent President Joe Biden a letter calling on the administration to increase access to baby formula nationwide.  The letter urges the Biden administration to take various actions to make baby formula less expensive and more available. The letter tells Biden to...

Gas Prices Hit New Record High over Memorial Day

(Dan McCaleb, The Center Square) The cost of gasoline hit a new record high on Monday as many Americans kicked off the summer season traveling over Memorial Day weekend. The average price of a gallon of gasoline climbed to $4.62 a gallon Monday, up about a penny from Sunday and...

Airlines Cancel 100s of Flights, Jack Up Rates on Booming Travel Weekend

(Headline USA) Hundreds of flights worldwide were canceled by Sunday evening, adding to the mounting number of scrubbed flights during the busy Memorial Day holiday weekend in the U.S. About 1,460 flights had been canceled as of 7 p.m. EDT Sunday, according to flight tracking website FlightAware. That followed more...

Spiking Fertilizer Costs Squeeze Midwest Farmers

(Headline USA) Things are getting tougher for the nation’s breadbasket, a predicament that will likely ripple through the nation’s economy, The Center Square reported. In addition to 40-year-high inflation and new records set nearly every day at the gasoline pump the past two weeks, the price of some agricultural fertilizers...

Democrat Blue-State Gov. Declares ‘Disaster’ Emergency over Biden’s Baby Formula Shortage

(Robert Davis, The Center Square) Colorado's Democrat Gov. Jared Polis signed an executive order on Thursday that seeks to address the infant formula shortage in the state. The order declares a disaster emergency and makes emergency funds available to purchase and distribute human donor milk for free to families in...

Blue-City Residents Continue Mass Exodus to Rural, Red Regions

(Headline USA) Eight of the 10 largest cities in the U.S. lost population during the first year of the pandemic, with New York, Los Angeles and Chicago leading the way, leftist enclaves where misguided policies have led to record crime, homelessness and drug abuse. Between July 2020 and July 2021,...

Bill Gates Spent Millions on a Smear Campaign Against Elon Musk

(Molly Bruns, Headline USA) Recent research into Bill Gates's charity found hundreds of millions of dollars being poured into a smear campaign targeting billionaire Elon Musk, Breitbart reported. Through public filings, the Foundation for Freedom Online followed the money trails of signatories in an open letter urging Twitter users to...

Davos Officials: Impending Food Shortages Are ‘Going to Be Hell on Earth’

(Headline USA) If Ukraine's supplies remain off the market, the world could face a food availability problem in the next 10 to 12 months, and “that is going to be hell on earth,” World Food Program Executive Director David Beasley told the Associated Press in Davos. The managing director of...
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