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Thursday, April 3, 2025

FINANCE

Amazon Announces New 5% Bidenflation Fee

(Tony Sifert, Headline USA) Amazon has announced a plan to charge third-party sellers who use Fulfillment by Amazon a 5% "fuel and inflation surcharge," beginning April 28, according to the Associated Press. "In 2022, we expected a return to normalcy as COVID-19 restrictions around the world eased, but fuel and...

Chicago Giving Out Random $500 Payments to Promote ‘Racial Equity’

(Jacob Bruns, Headline USA) In the name of racial equity, Mayor Lori Lightfoot's city of Chicago has decided to hand out $500 to random Chicagoans. In a press release earlier this week, Lightfoot wrote that the money is being handed out in order to address COVID-19. The program's participants will be...

Rival Billionaires Scramble to Keep Musk from Twitter Takeover

(John Ransom, Headline USA) Some of the world’s richest men are stepping up to prevent the world’s richest man from buying a social media company that has become famous as much for who it excludes as who it includes. Elon Musk, who some describe as the worlds’ richest man, has made...

BLM Co-Founder ‘Triggered’ by IRS’s Nonprofit Transparency Laws

(Molly Bruns, Headline USA) Black Lives Matter co-founder Patrice Cullors---the primary resident of a swanky, $6 million California mansion---claimed that, after recent scrutiny from tax officials, the act of filling out required financial documentation for nonprofit status had become a traumatic event, the Washington Examiner reported. "It is such a...

Chuck Schumer says White House ‘More Open’ to Debt Forgiveness

(Molly Bruns, Headline USA) In a virtual conference Senate Majority Leader Chuck Schumer, D-N.Y., hinted that the White House may be open to cancelling student debt via executive order, as Democrats continue to plummet in polls. Schumer also said that after President Biden's extension of the student loan forbearance, wide-scale...

Musk Offers to Buy Twitter Outright, Avoiding Hostile Takeover

(Headline USA) Elon Musk is offering to buy Twitter, just days after the Tesla CEO said he would no longer be joining the social media company’s board of directors. Twitter Inc. said in a regulatory filing on Thursday that Musk, who currently owns slightly more than 9% of its stock...

Inflation Soaring Off The Charts; Recession Increasingly Likely

(Tony Sifert, Headline USA) The producer price index, which according to the U.S. Bureau of Labor Statistics measures changes in the wholesale prices of goods, has risen 11.2% in the last year, CNBC reported, with the PPI increasing 1.4% in March alone. "On an unadjusted basis, final demand prices moved up 11.2...

Leftists Hope Canceling Student Loans Will Save Election Prospects

(Alex Tien, Headline USA) Sensing impending catastrophe at the midterms, Democrats are moving to buy votes by forgiving student debt. In a blatant and obvious attempt to avoid an enormous red wave, the Biden administration is hoping that throwing more money at potential voters will help to somehow stop election...

WaPo Columnist: Letting in More Immigrants Will Solve Inflation

(Molly Bruns, Headline USA) In the latest panicky attempt to solve inflation before midterms, left-leaning Washington Post columnist Catherine Rampell has suggested the issue can be fixed by letting more immigrants into the United States, NewsBusters reported. In the article, Rampell recognizes that "Democrats are terrified that a coming border...

Biden Braced for ‘Extraordinarily’ High Inflation; It Was Worse Than Expected

(John Ransom, Headline USA) According to media reports, the Biden administration was bracing for an “extraordinarily” high reading before the Tuesday morning release of the official inflation numbers. On Monday, White House propagandists frantically began to spin the situation by deflecting blame onto Democrats' favorite scapegoat, Russia. “We expect March CPI ...

Kmart Latest Victim of Biden’s Failing Policies

(Headline USA) Already struggling to survive, the former retail giant Kmart is collapsing under the weight of Bidenomics with its roaring inflation and crippled supply chains, as its store in Avenel, New Jersey, shelves bare, prepares to close its door April 16. Once it shutters, the number of Kmarts in the...

Newest Excuse for Biden Economic Woes: ‘War-cession’

(John Ransom, Headline USA) With the messaging having fallen flat on the Biden administration's efforts to dub recent pain at the pump as "Putin's price hike," a veteran investor is inventing a new excuse to latch onto for the poor economic performance. Strategist David Roche called an anticipated recession in the...
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