Monday, April 21, 2025

FINANCE

Play the Odds: Avoid Gambling in Rigged Markets

Is America becoming a nation of gamblers? The lure of potential cash windfalls is driving rampant speculation in financial markets and record traffic to casinos. The commercial gaming industry generated a record $13.6 billion in revenues during the second quarter, according to the Las Vegas Review-Journal. Casinos in Las Vegas, Massachusetts,...

STUDY: Businesses’ Exodus from Calif. ACCELERATES in 2021

(Cole Lauterbach, The Center Square) A report studying business headquarter migration says California’s businesses are moving their centers of operations at a much higher rate in 2021 compared to previous years. The Hoover Institution at Stanford University on Monday released its report, “Why Company Headquarters are Leaving California in Unprecedented Numbers.” The authors use several different...

Delta Raising Health Insurance Premiums by $200/mo. for Unvaxxed Employees

(Headline USA) Delta Air Lines will charge employees on the company health plan $200 a month if they fail to get vaccinated against COVID-19, a policy the airline's top executive says is necessary because the average hospital stay for the virus costs the airline $40,000. CEO Ed Bastian said that all...

The Hidden Costs of War and Inflation

(Jp Cortez, Sound Money Defense League) The somber photos and videos that have come out of Afghanistan lead many to wonder whether the 20-year conflict was worth the cost. According to the Associated Press, through April, more than 172,000 people (American and otherwise) have died in the course of the War in...

Where Do Gold and Silver Prices Go from Here?

(Keith Weiner, Money Metals News Service) One way to look at the price of gold, is that it dropped from its high around $1,900 in early June. Another way is to zoom out and look at the big picture. Here is a 10-year chart of gold and silver prices. For over four...

Expectations for Fed Tightening Are Misplaced

(Clint Siegner, Money Metals News Service) Stimulus addicted markets ran into headwinds last week. Fed watchers found some hints about interest-rate tightening in the just-released FOMC’s July meeting minutes. That was all it took to rattle Wall Street. Stocks have since recovered some of the initial losses, but it looks like history...

Biden Wants to Extend Unemployment Benefits Despite Widespread Job Openings

(Casey Harper, The Center Square) The Biden administration is working to ensure that $300 weekly unemployment payments from federal taxpayers continue in some form beyond their expiration date set by Congress. Lawmakers enacted weekly $300 unemployment payments and set them to expire Sept. 6 in response to joblessness during the pandemic....

Bank of America’s Woke Training Tells Employees to ‘Cede Power to People of Color’

Bank of America has instituted a racial reeducation system that teaches white people to “decolonize mind” and “cede power to people of color,” according to City Journal. “BOA executives launched the initiative by encouraging employees to participate in their ‘Racial Equity 21-Day Challenge,’ a race-training program funded in part...

MANCHIN: Save Coal Industry that Biden and All Other Dems Want Destroyed

Sen. Joe Manchin, D-W.Va., said that the "coal mining industry is going to be saved" during his visit to a coal mine in Ohio County, West Virginia, WTRF reported. "The coal mining industry is going to be saved, has to be saved because the country cannot operate without it," he...

SEN. RICK SCOTT: Ben & Jerry’s Israel Boycott Likely is Breaking the Law

Sen. Rick Scott, R-Fla., wrote in a letter on Tuesday that the Commerce Department must investigate Ben & Jerry's for possibly violating a 1969 law when it banned ice-cream sales in the West Bank, the New York Post reported. Scott also wrote that anti-Semitism may have motivated Ben & Jerry's...

Automakers’ Projections Fall Well Short of Biden’s Goal for Electric Vehicles

Detroit-based automakers in early August seconded President Joe Biden's dream that Americans would purchase between 40% and 50% electric vehicles by 2030, but automaker production estimates now indicate that sales will not likely reach 20%. After analyzing the industry's production estimates, AutoForecast Solutions found that automakers plan to make only...

‘Woke’ Companies Ignore Call to Disassociate from LGBT Leader Who Helped Cuomo

A think tank devoted to fighting corporatism has called upon the CEOs of top companies to pull their support for the Human Rights Campaign, a leading LGBT activist group, after its president helped cover up sexual-harassment allegations against New York Gov. Andrew Cuomo. BOOKED: @FreeEntProject's Scott Shepard talks with @afncwoodward...
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