Saturday, April 19, 2025

FINANCE

Currency Emergency: When the Debt Comes Due

What happens when the debt comes due? It’s a question millions of Americans are grappling with in their personal finances. It’s also a multi-trillion dollar question facing officials in Washington, D.C. How they decide to answer it – or evade it, as the case may be – will have profound implications...

Longtime Major Union Boss Richard Trumka Dies at Age 72

(Associated Press) Richard Trumka, the powerful president of the AFL-CIO labor union, has died at age 72, Democratic leaders said Thursday. News of his death was announced by President Joe Biden and Senate Majority Leader Chuck Schumer. Trumka had been AFL-CIO president since 2009, after serving as the organization’s secretary-treasurer for...

Whole Foods CEO: Businesses ‘Taking Political Positions’ Is a ‘Mistake’

Whole Foods CEO John Mackey on Tuesday said it is a "mistake" for businesses to express political opinions, the Epoch Times reported. "They should be good citizens in their communities in terms of trying to help solve social problems where they have competence to do so or where they can...

Florida, Illinois Threaten Ben & Jerry’s w/ State Sanctions for Anti-Semitic Boycott

The state of Florida yesterday put Unilever, the parent company of Ben & Jerry’s, on its list of companies that the state will scrutinize over anti-Israeli corporate policies, according to an announcement from Gov. Ron DeSantis. Florida’s @GovRonDeSantis says @Unilever is now on its list of “Scrutinized Companies”: Says if...

Going for the Gold: Building a Winning Investment Portfolio

While Olympic athletes in Tokyo are going for the gold, investors are going for anything that might provide positive real returns. In a yield-starved environment where bonds and cash are returning less than inflation, there are no guarantees. But there are certainly opportunities outside of fixed income instruments. Investors who try...

Political Hacks Concoct Excuses for Their Inflation

(Clint Siegner, Money Metals News Service) Jerome Powell, after last week’s FOMC meeting, said inflation has run hotter than expected. However, he wants to assure Americans that the destruction of their dollars’ purchasing power is temporary. His diagnosis? Ballooning demand for goods and services when the U.S. economy reopened from COVID shutdowns...

Illinois Agency Says Trump Due $1 Million Tax Refund for Chicago Skyscraper

(Headline USA) An Illinois tax agency has ruled that former President Donald Trump is due a $1 million refund on the 2011 tax bill for his downtown Chicago skyscraper, but local officials are trying to block the refund. The Chicago Sun-Times reports that at issue is the Cook County Board...

Ammunition Scarce as Gun Sales Soar; Lockdowns, Biden’s Threats Prompt Stockpiling

(Headline USA) Widespread government restrictions on basic liberties, coupled with record sales of firearms, has fueled a shortage of ammunition in the United States. President Joe Biden's threat to use military technology, including nuclear weapons, against his own citizens may have prompted some Americans to buy more firearms and ammunition. "If...

Restaurants Fight Cities Trying to Ban Gas-Powered Stoves

(Jon Miltimore, Foundation for Economic Education) State Rep. Tommy Vitolo recently explained why a plan to ban gas stoves in Brookline, Mass., was scrapped. “Go after the big stuff first,” said Vitolo, an energy consultant and Democrat who represents the 15th Norfolk District in the Massachusetts legislature. “For some, cooking...

MyPillow’s Mike Lindell Yanks ALL Ads from Fox News

(Headline USA) One of Fox News' most visible advertisers, Mike Lindell and his MyPillow line of products, has pulled commercials from the network over a refusal to air an ad promoting his upcoming cyber symposium that he says will show and explain reams of evidence of fraud in the 2020...

MEMO: Dems Cower over GOP’s Highly Effective Attack on Biden Inflation

Democrats are sounding the alarm over a GOP ad that blast reckless liberal spending as the culprit behind the rising tide of inflation in the country according to a memo obtained by the Washington Post. The ad in question was released by the National Republican Congressional Committee. “The NRCC produced one...

You Never Have to Sweat Investments in Gold

Investing is a tough business. Regardless of whether you invest in stocks, bonds, real estate, or even artwork, it is a challenging racket that can at times seem to suck all of the energy right out of you. One reason that many investors find investing and managing their assets so taxing...
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