Thursday, July 3, 2025

FINANCE

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...

PayPal Stock Plunges after ‘Misinformation’ Fines Fiasco

(Mark Pellin, Headline USA) PayPal’s desperate attempts to walk back a plan to fine users up to $2,500 for what the company would deem to be “misinformation” did little to help avert a crash in share prices when markets opened this week. The financial services company, which has been previously criticized...

Feds Pay $100K to Train Grad Students in ‘Diversity, Equity, Inclusion’

(Casey Harper, The Center Square) A top federal health research agency awarded more than $100K in taxpayer dollars for diversity and equity training for grad students to make them "agents of change." The National Institutes of Health allocated $103,380 via a federal grant to train students at the NIGMS T32 predoctoral...

Senator Files Bill to Stop IRS from Hiring 87,000 Employees

(Brett Rowland, The Center Square) U.S. Sen. Roger Marshall has introduced two bills to restrain the Internal Revenue Service ahead of the agency's planned expansion. Marshall, R-Kansas, filed the Preventing Frivolous Actions by IRS Agents Act, which would allow taxpayers making less than $400,000 annually who were wrongly subjected to...

PayPal Walks Back Plan to Fine Users $2,500 for ‘Misinformation’

(Molly Bruns, Headline USA) PayPal walked back a shocking policy announcement that users who are responsible for what they deem to be "misinformation" could face fines of up to $2,500 per offense, claiming it was a mistake after the a report went viral. The financial services company, which is guilty...

‘Nearly Doubled’ Foreign Investment in U.S. Farmland Comes Under Scrutiny

(Casey Harper, The Center Square) A coalition of 130 lawmakers sent a letter to a top federal watchdog raising the alarm about a spike in foreign ownership of U.S. farmland. The letter calls for the Government Accountability Office to conduct a full review of that foreign ownership, its potential impact on...

Federal Data: Job Creation Slowed in Sept.

(Casey Harper, The Center Square) The U.S. economy added 263,000 nonfarm jobs last month, the lowest number of total new jobs for a month all year. The U.S. Bureau of Labor Statistics released the data, which showed the unemployment rate declined slightly to 3.5%. “The unemployment rate edged down to 3.5 percent...

Poll: 74% Are Becoming More Concerned About Inflation

(Casey Harper, The Center Square) Nearly three out of four Americans are becoming more concerned about rising prices, according to a new poll. BMO Financial Group released survey data on the economy and inflation that showed that 74% of Americans say they are becoming increasingly worried about rising costs due...
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