Friday, April 25, 2025

FINANCE

Youngkin: $2 Billion Surplus Sign Virginia Taxes too High

(Headline USA) Virginia recorded a budget surplus of nearly $2 billion at the close of the fiscal year, which Gov. Glenn Youngkin believes is a sign taxpayers are forced to give too much money to the government. “While I am pleased that our additional revenue can be reinvested in Virginia,...

Large Donor to Hochul Discovered to be Covid Test Manufacturer

(Molly Bruns, Headline USA) A New York City family donated hundreds of thousands of dollars to Governor Kathy Hochul's campaign, while the state paid the family's company more than half a billion dollars for COVID testing. According to The Daily Wire, entrepreneur Charlie Tebele's family donated just under $300,000 to...

Texas, Florida GOP Lawmakers at Odds over CHIPS Act

(Bethany Blankley, The Center Square) While some Texas Republicans are urging Congress to pass a $250 billion CHIPS Act, Florida’s Republican U.S. senators are opposing it, arguing it will continue to drive “Biden’s inflation crisis,” is a pro-China bill and gives billions of dollars to companies with no accountability. Proponents...

Globalist Investors Suddenly Gung-Ho about Oil Companies

(Tony Sifert, Headline USA) Even as the Vatican encourages Catholic investors to divest from fossil-fuel corporations, more realistic fund managers are increasing their investments in oil and gas, according to a report from Bloomberg. "European-based ESG equity funds have been increasing their investments in energy companies, including Shell Plc,...

China–Russia Alliance Developing Global Reserve Currency to Counter U.S. Dollar

(Headline USA) Russia and China are reportedly working together to develop a new global reserve currency to challenge the dominance of the U.S. dollar, according to reports in RT.com. Russian President Vladimir Putin signaled recently that the new reserve currency would be based on a basket of currencies from so-called...

Schumer Sponsors Bill to Decriminalize Pot at Federal Level

(Ezekiel Loseke, Headline USA) Senate Majority Leader Chuck Schumer, D-N.Y., introduced a bill on Thursday that would eliminate the federal ban on marijuana. The bill is sponsored by Schumer and titled the Cannabis Administration and Opportunity Act, as reported by Politico. The bill seems to copy the structure of abortion law after...

REPORT: Inflation Driving Half of Small-Business Owners into Hiring Freeze

(The Center Square) Nearly half of small business owners are not willing to hire because of labor costs and “skyrocketing inflation,” a newly released small business report shows. The small business network Alignable released its July Hiring report which found that "45% of small businesses (SMBs) are halting their hiring,...

SURVEY: Going ‘Woke’ Costs Companies 20% of Clientele, Mostly ‘Boomers’

(Tony Sifert, Headline USA) Brand executives are desperately searching for answers in the midst of historically high "customer volatility," according to a consumer loyalty survey produced by the accounting firm PricewaterhouseCoopers. The survey found that 1 in 5 customers---or 20%---were now likely to abandon their longtime loyalty to newly woke...

Pelosi Denies Knowledge of Husband’s Shady Stock Purchases

(Headline USA) House Speaker Nancy Pelosi, D-Calif., denied having any knowledge of her husband’s questionable stock purchases, dismissing criticism of the trades as irrelevant. Paul Pelosi recently purchased more than $1 million of stock in a semiconductor company just as Congress is getting ready to vote on a $52 billion subsidy...

Left-Leaning Starbucks CEO Suddenly Bashes Democrat Policies

(Chris Parker, Headline USA) The CEO of the traditionally left-leaning Starbucks coffee chain is now attacking leftist policies after crime surges have forced store closures. Howard Schultz condemned policies in far-left metropolitan cities, including Portland, Washington D.C., Philadelphia, Seattle, and Los Angeles, that have led to a significant increase in crime. “It...

Small Businesses risk Shutting Down in Droves Amid Elevated Inflation, Energy Prices

Nearly half of American small business owners say they are at risk of closing down this fall, according to new survey data, The Center Square reported. The small business network Alignable released the survey, which found that “47% of small business owners … say their businesses are at risk of...

‘Liberal World Order’ Architect Tries to Spin Searing Inflation Report

(Tony Sifert, Headline USA) The Biden administration spin machine has gone into overdrive in response to the June inflation report, which showed that the consumer price index has ballooned 9.1% since June 2021. Inflation is now up to 9.1%. The economy is in flux. We have a shrinking workforce, big tech...
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