Tuesday, July 1, 2025

FINANCE

House Republicans Plan to Probe PayPal for Now-Rescinded ‘Misinformation’ Policy

(The Center Square) House Republicans are launching an inquiry into PayPal after the payment processing company sparked major controversy for a policy that would fine customers for “misinformation.” The controversy began when news broke earlier this month that PayPal would fine customers $2,500 for spreading misinformation. PayPal quickly retracted the policy,...

Kanye West Announces Plan to Buy Parler

(Headline USA)The rapper formerly known as Kanye West (now legally known as Ye) is offering to buy conservative-friendly social network Parler, shortly after getting locked out of Twitter and Instagram. The acquisition of Parler would give the wealthiest black man in America---reportedly worth more than $6 billion---control of a new...

Inflation Data: Prices Continue to Rise with Food Costs Soaring

(Casey Harper, The Center Square) Prices continued to soar in Sept., newly released federal inflation data shows, as Americans struggle to afford rising food and other consumer prices. The U.S. Bureau of Labor Statistics released its consumer price index data Thursday, which showed consumer prices rose 0.4% in Sept., contributing...

Inflation is No. 1 Concern for Struggling Small Businesses

(Casey Harper, The Center Square) Newly released polling data shows inflation is a top concern for small businesses as prices continue to rise. The National Federation of Independent Business released a survey, which shows that 30% of owners named inflation as the single most important problem in running their business. “Inflation...

Schools Spending Federal Relief Money on Employee Bonuses

(Tom Gantert, The Center Square) School districts across the country are spending federal COVID-19 relief money on bonuses to employees, saying their employees earned it for their work during the pandemic. The bonuses vary from district to district, ranging from $250 to more than $20,000 per employee. Flint Public Schools in...

Gabbard to Stump for N.H. GOP Senate Candidate

(Christian Wade, The Center Square) Fresh off her pledge to leave the Democratic Party, former congresswoman Tulsi Gabbard is planning a trip to N.H. to stump for Republican U.S. Senate candidate Don Bolduc. Bolduc said Thursday that Gabbard, a 2020 Democratic presidential candidate, will be visiting the Granite State to...

Labor Dept. Endorses Unions, Threatens Freelancers

(Chris Parker, Headline USA) Americans who have benefited from the "gig economy" to generate or supplement their income face a new threat from the Department of Labor, which is reversing a Trump-era rule that allowed companies to hire freelancers and contractors without classifying them as employees. Under a new rule announced...

PayPal Tries Bribing Users to Stay amid Fallout from $2,500 Censorship Attempt

(Ben Sellers, Headline USA) PayPal, the original digital-wallet platform that counted red-pilled liberals Peter Thiel and Elon Musk among its early investors, found itself in damage-control mode after becoming the latest cautionary tale of the "Go Woke, Go Broke" axiom. The financing app was offering $15 to users not to...

Fed. Officials Trade Stock in Companies Regulated by Their Agencies

(Joshua Paladino, Headline USA) Senior bureaucrats in the federal government's executive branch have bought and sold stocks in companies that their agencies had the authority to regulate. The Wall Street Journal found in its investigation that more than 2,600 officials across the executive branch, when either a Republican or a...

Biden Panders to Elderly w/ Big Social Security Boost, Likely to Worsen Inflation

(Headline USA) On Thursday, the U.S. government is set to announce how big a percentage increase Social Security beneficiaries will see in monthly payments this upcoming year. Some estimates say the boost for more than 65 million Social Security beneficiaries may be as big as 9%. It’s virtually certain to be the...

At Least 1 in 4 Americans Forced to Pay Bills Late Due to Inflation

(Molly Bruns, Headline USA) In the midst of rising inflation, Americans are struggling to pay their bills on time. LendingTree discovered that 32% of customers paid a bill late over the last six months, and a survey they performed found that "61% of Americans who've paid a bill late in...

Biden Admin Follows Calif. Lead in Demanding Benefits for ‘Gig’ Employees

(The Center Square) The U.S. Department of Labor proposed a new rule Tuesday that would overhaul how independent contractors like freelancers and drivers for ridesharing apps are classified, potentially upending the gig economy that has exploded in growth in recent years. The DOL said in its rule proposal that it...
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