Wednesday, September 10, 2025

FINANCE

Bidenflation Persists as Big Gov’t Adds 52K Jobs, Food-Service Adds 40K

(Ben Sellers, Headline USA) The Biden administration and leftist media once again tried to gaslight the American public with deceptive claims of a robust economy after the December jobs report showed that the government continued to grow and more people, overburdened by inflation, took second jobs working in the...

Companies Aren’t Bringing Back Variety of Pre-COVID Shopping

(Eli Pacheco, Headline USA) Reduced retail options from COVID-19-era lockdowns don’t seem to be going anywhere post-pandemic, according to a Wall Street Journal report. Many consumers don’t mind---or, perhaps, didn’t notice. Coca-Cola offers half of the options it did before lockdowns. Companies, such as Newell Products, made these changes to...

U.S. Debt Surpasses $34T as Rate of Borrowing Grows Rapidly

(Brett Rowland, The Center Square) The nation's debt has surpassed $34 trillion, according to figures from the U.S. Department of the Treasury. The nation's growing debt has become a source of concern for some politicians as the cost to service that debt takes up a larger portion of the federal...

Is This Impending Disaster the ‘George Floyd Moment’ of 2024 Race?

(Jacob Bruns, Headline USA) As the economy struggles and inflation continues to put pressure on Americans, President Joe Biden and his administration appear likely to oversee yet another baby formula shortage, Good Morning American reported. The first shortage took place in 2022, with Republicans blaming Biden and congressional Democrats---who held...

Calif. Pizza Huts to Lay Off 1,200 Drivers Ahead of Minimum Wage Hike

(Kenneth Schrupp, The Center Square) Two of California’s leading Pizza Hut franchises are firing all of their delivery drivers—over 1,200 Californians—ahead of the state’s minimum wage increase to $20 per hour for fast food employees in April of 2024. Under AB 1228, passed earlier in 2023, the fast food minimum wage will...

Special Taxes on Wireless ‘Family Plans’ Cost $100s Extra Per Year

(Casey Harper, The Center Square) Americans pay hundreds of dollars per year in taxes on their wireless “family plan” for their cell phones. The Tax Foundation research shows the average American household with four phones would pay about $300 per year in taxes on a family plan costing $100 per...

Outlook 2024: Gold Set to Make History

(Stefan Gleason, Money Metals News Service) The gold market is poised to make history in 2024. It enters the New Year within striking distance of new all-time highs. How high will gold go? Much depends on how low interest rates and the U.S. dollar go. The Federal Reserve ended its rate hiking...

Three Factors Driving Gold Bulls Into 2024

(Mike Maharrey, Money Metals News Service) There are three factors driving gold bulls as we move into the new year – the demand factor, the Fed factor, and the January factor. Gold just wrapped up its best year since 2020 with a 13 percent gain, and the yellow metal has...

With Gold at All-Time Highs, Will Silver Finally Take Off?

By Mike Gleason On this final week of trading for 2023, gold is set to put in its highest ever annual close. The gold price has been capped at around the $2,100 level since trading just shy of it in May. Whenever prices threaten to break out, institutional sell orders on...

Growing Disdain for Diplomas Leads Employers to Emphasize Skills

(Eli Pacheco, Headline USA) A Harvard University plagiarism scandal and the wave of anti-Semitism sweeping the nation's most elite universities are but the latest black-eyes for higher education amid growing criticism over campuses' metamorphosis into woke indoctrination centers.  As students question the overall value of a college education, the restart...

Biden OKs Biggest Federal Pay Raise in Four Decades

(Molly Bruns, Headline USA) President Joe Biden issued an executive order implementing a 5.2% average pay raise for all federal workers in January 2024. An initial proposal came out in March, endorsing a 4.7% raise across the board with a 0.5% increase in locality pay. The March proposal included nearly $5.5...

Bloomberg Blames Janet Yellen for Major Flaws in Economic Forecasting

(Jacob Bruns, Headline USA) Using the research and theories of current Treasury Secretary Janet Yellen many economists appeared to have wrongly predicted a 2023 recession, Bloomberg News reported. The news came as the Biden administration tries desperately to redefine "Bidenomics," with the president's popular support cratering based largely on his...
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