Wednesday, May 14, 2025

FINANCE

Trump’s Truth Social Gets 1 More Year to Complete Merger, Stock Remains High

(Jacob Bruns, Headline USA) In what amounts to good news on the whole for former President Donald Trump's social media platform, Truth Social, it was announced that the company will have an additional year to complete its merger with the Digital World Acquisition Corp., Axios reported. The merger so far...

Bill Gates Buys Up 1.7M Shares of Anheuser-Busch

(Molly Bruns, Headline USA) For anyone wondering what beer goes best with bugs, globalist billionaire Bill Gates recently invested some serious cash in Anheuser--Busch, the parent company to Bud Light. Gates purchased 1.7 million shares of the company's stock via the Bill & Melinda Gates Foundation Trust in 2023's second...

Biden’s Economic Claims Clash w/ Commerce Secretary’s Reality Check

(Luis Cornelio, Headline USA) President Joe Biden delivered a Labor Day address on Monday, celebrating what he termed the success of his economic policies, which he referred to as "Bidenomics."   However, his comments came just a day after his own Secretary of Commerce, Gina Raimondo, acknowledged the persistent challenges of...

Biden Crime Wave Forces Supermarket Chain Into Lockdown

(Molly Bruns, Headline USA) Grocery store chain Giant Food, located in Washington D.C., opted to remove several staple brands from shelves amid rising crime rates, essentially placing the stores on internal lockdowns.. The supermarket chain announced that Tide detergent, Colgate toothpaste and even Advil ibuprofen faced removal, according to the...

Trump’s Truth Social Faces Key Merger Vote Reportedly to Remain Viable

(Robert Jonathan, Headline USA) The continued viability of Truth Social may or may not be hanging in the balance with a looming shareholder vote. Trump Media & Technology Group, the Twitter rival's parent company, and Digital World Acquisition Corp. are or were set to merge, but the deal announced back...

‘Cheap Labor’ Is the Most Expensive Labor of All

(John Tamny, RealClear Wire) The left-leaning imagine against all reason that businesses are out to exploit workers with low wages. The right-leaning disagree with the left rhetorically, all the while making the left’s case for them. For evidence of this, consider the minimum wage. Lefties pursue legislative force to push...

Food Prices Expected to Rise Through 2024

(By Casey Harper, The Center Square) Recently released federal pricing analysis from the U.S. Department of Agriculture projects that food prices will continue to rise through 2024. The USDA pointed to the U.S. Bureau of Labor Statistics Consumer Price Index released earlier this month, which showed consumer prices overall rose...

U.S. GDP Worse Than Originally Published

(By Casey Harper, The Center Square) Newly revised Gross Domestic Product data shows that the U.S. economy grew by 2.1% in the second quarter of 2023, lower than previously reported by the federal agency. The U.S. Bureau of Economic Analysis released the revised GDP numbers Wednesday, which are lower than...

What Happens If the Government Outspends Its Ability to Pay?

(By Peter Jacobsen, FEE) For “Ask an Economist” this week, I have two questions from J.R. He says, “My question is what happens when the government continues to spend out of control where it potentially out spends its ability to pay its bills/debt? With the national debt over $30 trillion and...

The Real Reason Millions of Americans Are Prohibited From Pumping Their Own Gas

(By Jon Miltimore, FEE) For the first time since the Truman administration, Oregon drivers will be permitted to grab a fuel hose and fill their gas tanks all by themselves. Governor Tina Kotek on Friday signed legislation, which went into effect immediately, that lifts the state’s 72-year ban on self-serve...

San Francisco Bakery Refuses Service to Police Officer Because of ‘Store Gun Ban’

(Corine Gatti, Headline USA) A San Francisco bakery refused service to a uniformed police officer last week, with the company claiming there was a “strict policy” of not serving anyone who is carrying a firearm, the Gateway Pundit reported. The San Francisco Police Officers Association criticized the Arabian-food bakery Reem's for...

Blue-Run Cities Sue Kia, Hyundai for Making Cars too Easy to Steal

(Molly Bruns, Headline USA) The city of Chicago launched a lawsuit against automotive manufacturers Hyundai and Kia for not installing anti-theft technology into their vehicles, making them easier targets for criminals. "Unlike the movies, hot-wiring vehicles is far harder than it appears—unless that vehicle was manufactured by Hyundai or Kia,"...
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