Monday, June 30, 2025

FINANCE

Truckers Group Warns of Sustained Elevated Price for Diesel

(The Center Square) – While diesel fuel production is expected to increase, there isn’t much hope the price will decrease. The price of regular gas ahead of the Thanksgiving holiday travel season dropped. The average in Illinois is $3.97 a gallon, for example, higher than the national average of $3.63....

Biden Extends Student Loan Pause — AGAIN

(Molly Bruns, Headline USA) Despite declaring that the pandemic is over, President Joe Biden has once again extended the pause on student loan payments, this time until to August 30 of 2023, as his debt cancellation plan works its way through the courts. The pause on debt payments, which was...

Higher Prices Hit Holiday Season as Black Friday Approaches

(The Center Square) – Americans will pay higher prices for a range of goods and services for the Thanksgiving holiday and Black Friday shopping this year, and it looks like things may only get worse as we draw nearer to Christmas. Those driving for the holidays and of course those...

Biden’s Partisan Midterm Mishandling of Rail Strike Could Cost U.S. $2B a Day

(Mark Pellin, Headline USA) In the run-up to the midterm elections, President Joe Biden was reportedly more interested in partisan gains at the polls than in resolving a national rail strike that could wreak havoc on the country's supply chains, the overall economy and transportation for hundreds of thousands of...

National Debt to GDP Ratio Worse than CBO Estimates

(The Center Square) - New budget estimates show that the growth of the national debt is worse than previously thought. The U.S. Congressional Budget Office released projections in May that the national debt will hit 110% of U.S. Gross Domestic Product by 2032. Now, with interest rates higher and GDP...

Failing Disney Brings Back Ex-CEO Iger for Reset after Culture-War Flop

(Headline USA) The Walt Disney Company has tapped its former CEO Bob Iger to return to head the company for two years, firing his successor Bob Chapek in a move that stunned the entertainment industry. “The Board has concluded that as Disney embarks on an increasingly complex period of industry...

Mike Rowe: Millions of Young Men Not Looking for Work in U.S.

(Dmytro “Henry” Aleksandrov, Headline USA) On Thursday’s Tucker Carlson Tonight, FOX Business host Mike Rowe talked about the problem that America faces right now - a growing number of able-bodied men who are not seeking a job, according to Fox News. He said that 7 million able-bodied men between the...

Veil Is Lifted on Bankman-Fried’s Scandalous FTX Oversight

(Mark Pellin, Headline USA) As additional layers are peeled from the rotten FTX crypto-onion, the stench surrounding Democrat mega-donor Sam Bankman-Fried's grift grows increasingly retched. The cryptocurrency company this week folded seemingly overnight under a Ponzi-scheme bank rush on its assets. But FTX was long a financial mess, according to its newly appointed...

Biden Admin. Warns of Spike in Student-Loan Defaults if Courts Reject Amnesty

(Jacob Bruns, Headline USA) The Biden administration warned in a legal filing Tuesday that if the courts reject a controversial student-loan bailout, there will be a massive spike in defaults, potentially causing an economic crisis. Education Department Undersecretary James Kvaal issued the warning soon after the Justice Department asked a...

Starbucks Workers Plan Strikes at More Than 100 U.S. Stores

(Headline USA) Those hoping to enjoy the annual rite of seeing ultra-woke Starbucks spread its secular holiday cheer are in for a disappointment as the coffee chain's spoiled leftists employees plan to shut down its traditional kickoff to the festive yuletide season. Starbucks workers at more than 100 U.S. stores...

Musk Fires Twitter Engineer on the Spot for Insubordinate Tweet

(Jacob Bruns, Headline USA) After a lowly Twitter engineer fired off a tweet meant to question Chief Twit Elon Musk's leadership, he was promptly fired. The exchange began when Musk apologized “for Twitter being super slow in many countries," saying there was an issue with the number of remote-procedure calls...

Fed Uses FTX Crypto Scandal to Launch Its Own Digital Dollar

(Jacob Bruns, Headline USA) Taking advantage of the recently crippled cryptocurrency market, the United States Federal Reserve has decided to launch its own form of digital currency. The Federal Reserve Bank of New York will begin a 12-week experiment, wherein it will practice the management and administration of a state-sponsored...
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