FINANCE
Transport Gasoline by Truck? There Aren’t Enough Drivers, Either
(Bethany Blankley, The Center Square) A gas shortage is expected this summer not because there won’t be enough fuel but because there aren’t enough highly trained and licensed tanker drivers to transport it.
Many tanker drivers retired last year after demand for oil and gas plummeted because fewer people were traveling...
After Shocking Job Numbers, States Push Healthy Residents to Get Back to Work
(Headline USA) Eduardo Rovetto is hoping the state of Vermont's reinstated requirement that people who are collecting unemployment benefits must seek work to qualify will help him hire enough staff for his restaurant in the resort town of Stowe.
After more than a year of coronavirus restrictions on his business,...
Pipeline Hit by Cyberattack Could Be Back by Week’s End
(Associated Press) The operator of a major U.S. pipeline hit by a cyberattack said Monday it hopes to have service mostly restored by the end of the week.
Colonial Pipeline offered the update after revealing that it had halted operations because of a ransomware attack the FBI has linked to a...
Gold Pops as April Jobs Report Disappoints
Friday’s release of the April Non-Farm Payrolls report fueled a new gold rally. The yellow metal gained over $20 per ounce on the news.
The jobs report was a major piece of economic data-possibly the most important of the month.
Expectations were high-consensus estimates were looking for an additional 1 million...
Combined Capital Gains Tax Rate in NY Would Hit 54.3% Under Biden Plan
(The Center Square) The combined state and federal capital gains tax rate in New York would rise from the current 34.7 percent to 54.3 percent under President Joe Biden’s American Families Plan, according to a new study from the Tax Foundation.
That increase, which would include federal, state and local taxes on...
Texas, Fla., Alaska Sue CDC for Keeping the Cruise Industry Shut Down
(Brianna Kraemer, The Center Square) Texas Attorney General Ken Paxton filed a motion on Thursday to join Florida’s lawsuit against the ongoing sailing orders issued by the Centers for Disease Control and Prevention which have prevented cruise lines from restarting business.
The cruise industry has been hit hard by the pandemic over...
DISASTER: Jobs Report Has Unemployment Ticking Upward, Against Forecasts
(Headline USA) America’s employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers.
President Joe Biden’s relief package added $300 to weekly unemployment benefits.
Bank of America economist Michelle Meyer calculated that for people who earned under $32,000...
REPORT: House Democrats are Tax DELINQUENTS on Their DC Properties
Several House Democrats have been penalized for failing to pay their Washington, D.C. property taxes, the Washington Free Beacon reported.
Among the guilty is Rep. Vicente Gonzalez, D.-Texas, who owed a combined $9,145.61 on his two listed D.C. homes.
Democrats John Garamendi of California, Sean Casten of Illinois, Andy Kim of...
Far-Left New Jersey Drives ANOTHER Fortune 500 Company to Texas
Another Fortune 500 company, NRG Energy, has announced a move to Texas, largely due to restrictive blue-state regulations, KHOU-11 reported.
Texas has benefited greatly from companies across the United States abandoning blue states, seeking freer places.
NRG's currently splits its headquarters between Princeton, New Jersey, and Houston, Texas. But because of...
SURPRISE! Actual Cost of Biden’s Spending Plan Far Exceeds Estimates
(Headline USA) As if their $6-trillion-plus price tag weren't bad enough, President Joe Biden’s growing list of federal spending proposals may be even more expensive than previously thought.
The University of Pennsylvania Wharton Business School released a report Wednesday that included some eye-popping figures for Biden’s latest spending proposal, the...
Ark. Ends Sales Taxes on Gold and Silver; Additional States May Soon Follow
(Jp Cortez, Sound Money Defense League) By signing sound money legislation today, Arkansas Gov. Asa Hutchinson has officially ended sales taxation on gold, silver, platinum, and palladium bullion and coins– thereby setting an example for legislators in New Jersey, Maine, Ohio, and Tennessee, who are still considering similar measures in their...
AT&T CEO Defends Subsidiary CNN’s Bias by Pointing to Its Emmy Wins
AT&T CEO John Stankey defended his company's ownership of CNN by falsely claiming that the propaganda network meets "rigorous journalistic standards for accurate and truthful reporting," according to the National Center for Public Policy Research..
Stankey said AT&T is "proud" that CNN has "the most respected brand in news today."
"And over...
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