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Friday, January 10, 2025

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Apple CEO Denies App Store’s Monopoly Control in District Court Testimony

(Headline USA) Apple CEO Tim Cook described the company's ironclad control over its mobile app store as the best way to serve and protect iPhone users, but he faced tough questions about competition issues from a judge Friday about allegations he oversees an illegal monopoly. The rare courtroom appearance by...

White House Teams Up w/ Dating Apps to Promote ‘Vax Badges’ for Healthier Hookups

(Associated Press) The White House is pushing a new reason to swipe right: vaccination badges and “super swipes” for people who've gotten their coronavirus shots. The Biden administration said Friday it's teaming up with dating apps to showcase the benefits of getting a shot. Apps like Hinge, Tinder, Match and Bumble are...

Biden’s IRS Plan: Hire 87K New Unionized Agents & Fill Democrat Coffers

The Treasury Department released a new tax compliance initiative in which the Internal Revenue Service will hire nearly 87,000 new agents to collect an additional $700 billion over the next decade. The American Families Plan Tax Compliance Agenda aims at fixing the "tax gap"—the difference between the federal government's expected...

Dem Congressman Made Big $$ on Med Stock Trades to Capitalize on Pandemic

(Associated Press) In the early days of the pandemic, New Jersey Rep. Tom Malinowski scolded those looking to capitalize on the health crisis, saying it was “not the time for anybody to be profiting” from selling goods to combat the pandemic. The two-term Democrat did not heed his own admonition. Since early...

GREAT RESET: Treasury Department Proposes 15% Global Minimum Corporate Tax

(Headline USA) The U.S. Treasury Department said Thursday that it supports a global minimum corporate tax rate of at least 15% — below the 21% minimum it has been seeking to impose on the foreign profits of U.S.-based companies. The offer comes as the Organization for Economic Cooperation and Development...

Biden’s Treasury Department Takes Steps to Monitor & Tax Cryptocurrency

(Associated Press) The Biden administration is taking steps to ensure Americans who pay for goods or services with cryptocurrencies don't sidestep the tax man. The Treasury Department issued a report Thursday that outlines measures. Among the proposed changes, businesses that receive "cryptoassets" with a fair market value of more than $10,000...

Major Tech CEO Speaks Out Against Woke Capitalism

(Brad Polumbo, Foundation for Economic Education) It seems like every day a new viral story crops up featuring a major company’s latest woke initiative or a major executive’s latest politically-charged stance. But in a refreshing twist, a top tech CEO just stood up for old-fashioned, profit-focused business—and spoke out against...

LOL! Hawaii Replacing Its Last Coal Plant w/ a ‘Giant Battery’—Powered by Oil!

(Jon Miltimore, Foundation for Economic Education) In 2015, Hawaii made history, becoming the first US state to mandate a full transition to renewable energy. The legislation, signed into law by Gov. David Ige, mandated that state utilities generate 100 percent of electricity sales from renewable fuels by 2045. Green energy publications...

Cryptocurrency Crash Benefits Gold

This week has been truly brutal for the entire cryptocurrency sector, with the prices of major currencies like Bitcoin and Ethereum crashing at least 30%. The overall sector has shed trillions of dollars in value. The recent carnage for holders of digital currencies could be due to a variety of factors...

Colonial Pipeline Confirms It Paid $4.4M to Hackers

(Associated Press) The operator of the nation’s largest fuel pipeline confirmed it paid $4.4 million to a gang of hackers who broke into its computer systems. Colonial Pipeline said Wednesday that after it learned of the May 7 ransomware attack, the company took its pipeline system offline and needed to do...

Sound Money Project Gains Industry Recognition, Secures Wins

(Sound Money Defense League) The critical efforts of the Sound Money Defense League to protect and defend the interests of precious metals owners -- and the public at large -- continues to gain recognition as the organization racks up new policy victories once again in 2021. Principally backed by Money Metals Exchange, the Sound...

COST OF LIVING: How Much is Your Dollar Worth in California? 84 Cents…

(The Center Square) The dollar’s purchasing power in California is 84 cents based on the regional cost of items such as housing, groceries and services in 2019, according to a new analysis from the website 24/7 Wall St. California is tied with New York and New Jersey for the worst value in...
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