Friday, July 11, 2025

FINANCE

Elon Musk Axes Twitter’s Outsourced Content Moderators

(Headline USA) Twitter’s new owner Elon Musk is further gutting the teams that battle alleged misinformation, usually to the extreme benefit of leftists and Democrat, on the social media platform as outsourced moderators learned over the weekend they were out of a job. Twitter and other big social media firms...

IG Report Shows Nearly Half of All COVID Relief Lost to Fraud, Gov’t Waste

(The Center Square) As much as $400 billion in COVID-19 unemployment relief dollars were likely lost to waste and fraudsters. Lawmakers want answers. Republicans on the House Ways and Means Committee sent a letter to the U.S. Department of Labor demanding documents and information related to the unemployment fraud. “Since the...

Prosecutors Push Big Sentence for Fraudulent Silicon Valley CEO

(Headline USA) Federal prosecutors have asked a judge to sentence disgraced Theranos CE0 Elizabeth Holmes to 15 years in prison, arguing she deserves a lengthy prison term because her massive scheme duped investors out of hundreds of millions of dollars by falsely convincing them her company had developed a...

Dem. Mega-Donor Detained Amid Allegations of Embezzlement, Money-Laundering

(Molly Bruns, Headline USA) Leftist mega-donor Sam Bankman--Fried was detained in the Bahamas following reports that his now-bankrupt cryptocurrency company, FTX, may have laundered Ukrainian relief money from U.S. taxpayers and redirected it back to Democrat campaigns. Bankman--Fried, FTX director of engineering Nishad Singh and co-founder Gary Wang were "under...

Corporate Discrimination Against Whites on the Rise

(Dmytro “Henry” Aleksandrov, Headline USA) Hiring managers are forced to hire non-white job applicants instead of white ones, says the survey of 1,000 managers by ResumeBuilder.com, according to Breitbart. In November, ResumeBuilder.com surveyed 1,000 hiring managers across the United States to find out how many people believe that companies discriminate...

Woke Backlash Plunges Disney Stock to Worse Drop in 21 Yrs.

(Dmytro “Henry” Aleksandrov, Headline USA) After a string of media flops and public backlash over the increasingly groomer-friendly and radical trans themes of its offerings, an ultra-woke Disney took a major financial hit. The leftist Mouse's stock price plummeted this week and suffered its worst drop in over two decades,...

‘Shark Tank’ Investor: ‘You Printed $7 Trillion in 30 Months. What Did You Think Would Happen?’

(Jon Miltimore, Foundation for Economic Education) Americans are facing 40-year high inflation and there’s been no shortage of discussion on the topic. It’s the No. 1 issue on the mind of Americans, and every day on TV and in newspapers pundits are debating how long it will last and deciding...

Major Dem. Donor’s Embattled Crypto Exchange FTX Files for Bankruptcy

(Headline USA) It took less than a week for FTX to go from the third-largest cryptocurrency exchange in the world to bankruptcy court. The embattled cryptocurrency exchange, short billions of dollars, is seeking bankruptcy protection after the exchange experienced the crypto equivalent of a bank run. FTX, its affiliated hedge...

Biden Nominates New IRS Chief as Dept. Due to Double in Size

(Molly Bruns, Headline USA) President Joe Biden nominated consulting executive Daniel Werfel to lead the Internal Revenue Service following Congress's passage of the so-called Inflation Reduction Act, which will allow for the agency to double in size, the Daily Wire reported. Current IRS Commissioner Charles Rettig's term will expire at...

Biden Hints at Targeting Musk over Twitter’s Longstanding Foreign Investors

(Ezekiel Loseke, Headline USA) President Joe Biden threatened on Wednesday to investigate Twitter's ties to foreign investors---specifically members of Saudi Arabia's royal family, Politico reported. Saudi Prince al-Waleed bin Talal has owned stock in Twitter since 2011, but the concerns from Democrats came to the forefront only after the company's...

Since Musk Takeover, 15M New Users Have Signed Up for Twitter

(Molly Bruns, Headline USA) Since taking ownership of social media platform Twitter, new Chief Twit Elon Musk has been telling advertisers that user growth is at "all-time highs." In a document sent to the Twitter sales team to be distributed to advertisers, Twitter highlighted its monetizable daily user growth which...

Biden Admin. Wants to Make it Harder to Oust Powerful Labor Unions

(Molly Bruns, Headline USA) The Biden administration has announced that it will be revoking a 2020 rule from the National Labor Relations Board that was implemented to protect workers' right to vote on removing union representation. The Election Protection Rule was adopted in 2020 as an attempt to reform the...
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