Wednesday, May 14, 2025

FINANCE

Inflation Rebounds in January

(Casey Harper, The Center Square) The U.S. Bureau of Labor Statistics released fresh inflation figure Tuesday which show inflation picked back up in January. The BLS Consumer Price Index rose 0.5% last month, part of a 6.4% increase over the last year. Overall, January’s rate is not as high as the...

DeSantis Plans to Ban ESG ‘Woke Banking’ in Fla.

(Dmytro “Henry” Aleksandrov, Headline USA) Republican Florida Gov. Ron DeSantis announced proposed legislation on Monday that is designed to end ESG woke banking in the state, stating that it was an “elite-driven phenomenon” that sought to impose policies that the public would never favor. During his press conference, DeSantis said that ESG --...

IRS Rules Refunds from 21 States Won’t be Taxed when Filing 2022 Return

(Joe Mueller, The Center Square) Taxpayers who received state refunds from Colorado and 20 other states will not be required to report those payments on their 2022 federal Internal Revenue Service return. “The IRS has determined that in the interest of sound tax administration and other factors, taxpayers in many states...

IRS Accused of Targeting Election-Integrity Group for Lois Lerner-Style Audit

(Jacob Bruns, Headline USA) President Joe Biden's militarized Internal Revenue Service  targeted an election integrity group last year under the guise of an audit. The new investigations, which call to mind the Obama-era IRS audits led by Lois Lerner against members of and organizations adjacent to the Tea Party, subjected...

PayPal CEO Announces Resignation After Pushing Woke ‘Misinformation’ Policy

(Dmytro “Henry” Aleksandrov, Headline USA) PayPal CEO Dan Schulman announced that he would leave the company at the end of the year after the company was criticized for its "misinformation" policy that led to PayPal losing billions of dollars. However, he said that the reason why he wants to retire is...

Leftist Dark-Money Giant Accused of Racism in Court

(Molly Bruns, Headline USA) A large dark-money nonprofit, known as the New Venture Fund, is facing an onslaught of lawsuits with employees claiming they faced racist and discriminatory behavior in the workplace. Former employees allege that the New Venture Fund, which is connected to Arabella Advisors and the Clintons, paid...

Biden Takes Credit for Rail Workers’ Sick Leave, Despite Fighting Against It

(Molly Bruns, Headline USA) Just weeks after fighting against paid sick leave for freight workers and imposing an agreement without any paid time off onto the workers via Congress, the Biden administration is taking credit for the union's successful negotiation. According to the Daily Wire, CSX, a rail company based...

Bidenflation Spoils Super Bowl Spreads this Year

(The Center Square) – The Super Bowl has become something like an annual holiday for Americans full of football, food and beverages, but the recent spike in food prices means catering a Super Bowl gathering will cost Americans more than ever. While pricing data isn’t available for all the typical...

Mo. Senate Votes to End Income Taxes on Gold and Silver, Hold Monetary Metals in Reserve

(Jp Cortez, Sound Money Defense League) The Missouri Senate today passed legislation that would prompt the state treasurer to hold at least 1% of state funds in gold and silver while eliminating all state income taxes on monetary metals. In a growing national backlash to the rampant inflation caused by...

Disney to Ax 7,000 Staff in Cost-Cutting Effort after Streaming Platform Tanks

(Molly Bruns, Headline USA) In a recent earnings report, the Walt Disney Company revealed that its streaming platform, Disney+, lost 2.4 million subscribers, resulting in the need for a massive reorganization within the company. With the recent monthly upcharge for for the monthly streaming service—which went from $7.99 to $10.99—projections...

Militarized IRS Plans to Target Restaurant Tips

(Jacob Bruns, Headline USA) President Joe Biden's newly militarized Internal Revenue Service plans to target restaurant tips as it seeks new revenue streams to fund Democrats' out-of-control spending, Fox News reported. Despite repeated assurances that their new 87,000 armed agents would only crack down on the ultra-wealthy, the tax bureaucracy...

Bankman–Fried’s Uncontrolled Blabbing a ‘Gift’ to Federal Prosecutors

(Headline USA) For federal prosecutors, disgraced Democrat donor Sam Bankman--Fried could be the gift that keeps on giving. After the November collapse of FTX, the cryptocurrency exchange he founded in 2019, Bankman--Fried unexpectedly gave a series of interviews intended to present his version of events. He was indicted in December and...
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