Tuesday, July 8, 2025

FINANCE

Judge Suggests Jail to Curb Bankman–Fried’s Alleged Witness-Tampering Attempts

(Headline USA) A federal judge showed growing impatience Thursday with FTX founder Sam Bankman--Fried’s use of the internet while on bail, suggesting that incarceration might eventually be the most effective way to prevent him from communicating on electronic devices in ways that can't be tracked. Judge Lewis A. Kaplan did...

CBO Projects Higher Unemployment, Slow Exit from Inflation

(Headline USA) As Democrats push for more prolific government spending to finance their radical agendas and policies, the Congressional Budget Office said Wednesday that it expects the U.S. economy to stagnate this year with the unemployment rate jumping to 5.1%—a bleak outlook that was paired with a 10-year projection that publicly...

Corporate America Dumping Diversity Roles More than Any Other Position

(Jacob Bruns, Headline USA) As corporate America---and Big Tech in particular---lay off thousands of Americans, it turns out that frivolous diversity jobs have been the first to go, Bloomberg reported. Major woke corporations such as Target, Capital One, Amazon, Wells Fargo, Twitter, Nike and Intel have all cut their DEI...

China Sanctions Lockheed Martin, Raytheon for Taiwan Sales

(Headline USA) China on Thursday imposed trade and investment sanctions on Lockheed Martin and a unit of Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Party as part of its territory. Lockheed Martin Corp. and Raytheon Technologies Corp.'s Raytheon...

Bideflation Ruins Breakfast as OJ and Eggs Hit Record Highs

(Joshua Paladino, Headline USA) As President Joe Biden spends without limit on foreign wars and hopeless green energy projects, regular Americans have had more difficulty putting a nutritious breakfast on the table with each passing month. Orange juice prices hit record highs in January at $10 a gallon for 100%...

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...
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