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Friday, November 15, 2024

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Miami, Other Blue Cities Embark on Risky Enterprise to Promote Local Cryptocurrencies

(Headline USA) A small group of cryptocurrency enthusiasts has an offer that they’re hoping U.S. cities can’t refuse. The group City Coins is asking Miami and New York to accept the equivalent of millions of dollars in a new cryptocurrency, and at least some of the money is real: Last...

California Dems Force Businesses to Pay Retroactive Sick Leave for Employees w/ COVID

(Headline USA) When left-wing union activist Crystal Orozco got sick with the coronavirus last month, she missed nearly two weeks’ worth of her salary as a shift leader at a fast food restaurant and had to ask family members for a loan to help pay her rent. “My check was...

State Reserve Funds Are Dangerously Exposed to Inflation

(Stefan Gleason, Money Metals Exchange) The recent explosion in inflation rates caused by runaway debt-funded federal spending and Fed money printing has sparked renewed interest in state legislatures in the role gold and silver play in hedging against systemic risks. With expanding concerns about financial leverage, debt defaults, volatility, and...

Red-Pilled Billionaire Peter Thiel Stepping Down from Facebook Board

(Headline USA) Peter Thiel, a Silicon Valley billionaire and supporter of former President Donald Trump, is leaving the board of directors of Facebook parent company Meta. The company said Monday that Thiel will stay on until Meta’s next shareholder meeting later this year, where he will not stand for reelection. Thiel...

Shares of Facebook Parent Meta Plunge 23% on Lower Profits

(Headline USA) Newly renamed Meta is investing heavily in its futuristic “metaverse” project, but for now, relies on advertising revenue for nearly all its income. So when it posted sharply higher costs but gave a weak revenue forecast late Wednesday, investors got spooked — and knocked almost $200 billion...

Near-Record 4.3M Americans Quit Their Jobs in December

(Jacob Bruns, Headline USA) Over 4.3 million Americans quit their jobs in the month of December, falling just shy of an American record, Just the News reported. The previous record was also the previous month. In November of 2021, 4.5 million Americans quite their jobs. Though the mainstream media has chosen to...

Nat’l Debt Passes $30M Mark, Nearly a Third Added Since Biden Took Office

(Molly Bruns, Headline USA) For the first time in United States history, the national debt has surpassed $30 trillion. America's national debt exceeded $30 trillion for the first time in history yesterday. pic.twitter.com/J00KxoF86J — Morning Brew ☕️ (@MorningBrew) February 2, 2022 According to Human Events, when President Joe Biden took office, the national...

Global Stocks Sink After Fed Says US Rates Will Rise ‘Soon’

(Headline USA) Global stock markets and Wall Street futures sank Thursday after the Federal Reserve indicated it will raise interest rates soon to cool inflation. London and Frankfurt opened lower. Market benchmarks in Tokyo and Seoul fell by an unusually wide margin of more than 3%. The Fed said Wednesday in...

Market Jitters, Inflation, Recession Leave Fed w/ Tough Choices at Meeting

(Headline USA) Wild volatility in the stock market this week has put heightened scrutiny on the Federal Reserve's meeting Wednesday and whether the Fed will clarify just how fast it plans to tighten credit and potentially slow the economy. With high inflation squeezing consumers and businesses, the Fed is expected...

Left’s Attempt to Boycott Pepsi over GOP Support Already Failing Badly

(Molly Bruns, Headline USA) Pepsi has been named in a report of top corporate donors to politicians and political committees that helped support Texas's heartbeat law through numerous legal and political challenges. Leftists have already called for a boycott of the company, which has since backfired, Newsweek reported. This reveal was made...

Biden Pre-Emptively Blames Fed Chair for the Coming Red Wave

(John Ransom, Headline USA) Preparing for what might be in historic rout in the 2022 midterm elections, President Joe Biden is working on his ready-made excuse for why the economy and the Democrats are doing so poorly: it’s the Federal Reserve’s fault. So far the only thing that Biden has said...

Jobless Claims Surge as Economy Struggles to Recover From Pandemic Shutdowns

(The Center Square) Newly released economic data show a surge in first-time unemployment claims last week, much higher than experts predicted. The Department of Labor reported that for the week ending Jan. 15, a total of 286,000 Americans filed first-time unemployment claims, an increase of 55,000 from the previous week. “The...
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