Wednesday, April 9, 2025

FINANCE

Inflation Continues to Soar, Shows No Sign of Slowing

(Molly Bruns, Headline USA) The month of January was no exception to America's continually rising prices, with key inflation measures showing prices rose more than expected, CNN reported. The Producer Price Index (PPI) tracks average price changes America's producers get paid for their services over time. The Bureau of Labor Statistics...

Gab to Begin Funding Investments in ‘Parallel Economy’

(John Ransom, Headline USA) Gab CEO Andrew Torba said that the social-media company’s Parallel Economy Fund will begin vetting applications over the next several weeks for investments to bolster the Gab community, including start-up businesses and families. What @getongab is doing here is exactly how we win. This is how we...

China Sanctions Raytheon, Lockheed over Taiwan Deal

(Headline USA) China said Monday it will impose new sanctions on U.S. defense contractors Raytheon Technologies and Lockheed Martin due to their arms sales to Taiwan, stepping up a feud with Washington over security and Beijing’s strategic ambitions. Foreign Ministry spokesperson Wang Wenbin announced the move at a daily press...

Number of Americans living paycheck to paycheck jumps 7 percent, report shows

(Casey Harper, The Center Square) – A growing number of Americans are living paycheck to paycheck despite increasing wages, a newly released report found. PYMNTS and Lending Club released the report, which says that 61% of Americans are living paycheck to paycheck, an increase of 7 points since May 2021....

Red States Sever Ties w/ Woke Capitalism (Pro-China) Pusher, BlackRock

(Jacob Bruns, Headline USA) Red states across the nation are increasingly breaking ties with the globalist organization BlackRock due to its sympathies with China, the Federalist reported. BlackRock has long worked to divest Americans of their land then rent it back to them for a profit. The potentially-criminal organization has also discriminated...

States Consider Holding Gold as Geopolitical & Inflation Fears Rise

By Mike Gleason, MoneyMetals. Well, what a week for the gold market! The monetary metal gained $30 on Thursday to close at $1,900 for the first time since last spring, and silver battled back to $24 per ounce. Gold’s uptrend is being confirmed by the mining stocks. On Thursday, the HUI gold...

Justice Dept. to Take on Exploitation of Supply Chain Issues

(Headline USA) The Justice Department is launching a new initiative aimed at identifying companies that exploit supply chain disruptions in the U.S. to make increased profits in violation of federal antitrust laws. The program, being unveiled Thursday by the Justice Department’s antitrust division and the FBI, comes amid ongoing supply...

Pressure Mounts on Congress to Curb Lawmaker Stock-Trading

(Headline USA) Amid a steady drip of damaging headlines, pressure is building for Congress to pass legislation that would curtail lawmakers' ability to speculate on the stock market. Trading in Congress has long been criticized by government watchdogs, who say the access to nonpublic information creates a temptation for lawmakers...

Accounting Firm Cuts Ties w/ Trump, Disavows Financial Statements over NY Witch Hunt

(Headline USA) The accounting firm that prepared former President Donald Trump’s annual financial statements says the documents, used to secure lucrative loans and burnish Trump's image as a wealthy businessman, “should no longer be relied upon” after New York's attorney general claimed they regularly misstated the value of assets. In...

Moderna CEO Sells Off Millions in Stocks, Deletes Twitter Account

(Headline USA) Moderna CEO Stephane Bancel reportedly sold off millions of dollars of his shares in the company following a turbulent market decline that pushed the COVID-19 vaccine maker’s stock to its lowest level in nearly a year. Bancel also deleted his rarely-used personal Twitter account this month in preparation...

Biden Now Claims to Have Long-Term Plan for Once ‘Temporary’ Inflation

(Headline USA) President Joe Biden claims he came into office with a plan to fix inflation---just not the particular inflationary problem that the country now faces. The current crisis---which has resulted in the worst economic conditions in more than four decades---began shortly after Biden took power in January 2021. For months,...

Price Inflation Rates Shoot Above the 1980 Peak

By Clint Sieger, Money Metals Exchange Price Inflation Rates Shoot Above the 1980 Peak  Americans get fed a lot of BS when it comes to price inflation. Prices in the U.S. are rising faster than they were in the late 1970s when gasoline shortages triggered an economic crisis. Today, supply chain...
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