Wednesday, October 22, 2025

FINANCE

Outrage Grows over Biden’s New Rule to Punish Home Buyers with Good Credit

(By Casey Harper, The Center Square) A new federal rule that would charge higher fees to home buyers with good credit to help subsidize those with poor credit goes into effect Monday. The Federal Housing Finance Agency announced in January it would increase Loan-Level Price Adjustment fees for mortgage borrowers...

Biden Demands More Spending, Snubs Debt Ceiling Talk

(Luis Cornelio, Headline USA) President Joe Biden will meet with House Speaker Kevin McCarty on May 9 to speak about the debt ceiling but he has made clear that he will not negotiate lowering the nation’s debt weeks before the federal government runs out of cash to pay its bill.  The...

Hollywood Writer’s Strike Could Spell End of Woke Late-Night Shows

(Jacob Bruns, Headline USA) The Writers' Guild of America announced Monday that its 11,500 writers would go on strike to protest low pay. In effect, this means the immediate cancellation of late night comedy shows hosted by Stephen Colbert, Jimmy Kimmel, Jimmy Fallon and Seth Meyers, the Daily Mail reported. The Writers' Guild...

American, Southwest Pilots’ Unions Threaten to Strike

(Cole Lauterbach, The Center Square) Pilots for two major airlines are threatening to walk off the job just as the summer travel season approaches, though an actual stoppage would have to occur with President Joe Biden and Congress opting to stay on the sidelines. The Allied Pilots Association, a union...

Third Major American Bank Collapses

(Dmytro “Henry” Aleksandrov, Headline USA) First Republic Bank collapsed and the Federal Deposit Insurance Corporation will imminently place the bank under receivership, marking the third collapse of a medium-sized American bank in less than two months. The Daily Wire reported that First Republic Bank which is headquartered in San Francisco, Calif., caters mainly to...

Nanny-State California Passes Unprecedented Emissions Rules for Trains

(Headline USA) California approved Thursday a first-in-the-nation rule limiting rail pollution to aggressively cut greenhouse gas emissions in the state's latest move to establish itself as a global leader in the fight against so-called climate change. The move is likely to have resounding effects that further suppress the economy as...

‘Not Enough’: These Four Republicans Slammed McCarthy’s Debt Bill 

(Luis Cornelio, Headline USA) House Republicans passed on Wednesday the Limit, Save, Grow Act to raise the debt ceiling and partially limit the federal government’s spending. Speaker Kevin McCarthy, R-Calif., championed the bill as a warning to President Joe Biden’s massive government spending. Four Republicans disagreed, joining Democrats, who all...

GDP Report: U.S. Economic Growth Slows

(Casey Harper, The Center Square) The U.S. economy is growing at a slower pace, newly released economic data shows. The Bureau of Economic Analysis released Gross Domestic Product Data Thursday that showed the size of the U.S. economy increased by 1.1% in the first quarter of 2023, more slowly than...

Regulators Knew SVB Was in Trouble Since 2021, Did Nothing

(Casey Harper, The Center Square) A closer look at the months leading up to the collapse of Silicon Valley Bank, the second-largest bank collapse in history, shows that regulators saw the warning signs since last year but did not step in. SVB’s collapse sent shockwaves through the markets, destabilized the...

Conservative Businessman Launches Ultra Right Beer to Replace Bud Light

(Jacob Bruns, Headline USA) Seth Weathers, a conservative businessman, has announced the launch of an alternative beer brand that will not mock its customers like Bud Light, Fox Business reported. Weathers, also known as Conservative Dad, announced the new beer, Ultra Right, in a recent video via Twitter. Despite efforts by...

GOP Condemns Biden’s Use of Good Credit to Subsidize Bad Mortgages

(Jacob Bruns, Headline USA) On Monday, Senate Republicans accused President Joe Biden's Federal Housing Finance Agency of attempting to "social-engineer the U.S. housing market" to punish those with good credit and subsidize those with poor credit, Fox News reported. Sen. Roger Marshall, R-Kan., joined several other GOP Senators, penning a...

Woke ESPN’s Next Round of Disney-Mandated Layoffs to Include On-Air Talent

(Headline USA) ESPN began informing employees of layoffs Monday, which are job cuts that are taking place throughout its corporate owner, the Walt Disney Company. Disney CEO Bob Iger announced in February that the company would reduce 7,000 jobs either through not filling positions or layoffs. ESPN President Jimmy Pitaro said...
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