Friday, October 24, 2025

FINANCE

Watchdog Demands Shareholder Report on Disney’s Collusion w/ Communist China

(National Legal and Policy Center) On Monday, the National Legal and Policy Center presented a “Communist China Audit” proposal at The Walt Disney Company's annual shareholder meeting, which would require the company to produce a report that addresses its vulnerabilities related to its business and ambitious expansion plans in the communist country. Disney’s board...

U.S. $2B in Haitian Projects Over Budget, Behind Schedule

(Adam Andrzejewski, RealClearWire) From 2010 to 2020, the U.S. Agency for International Development gave $2 billion to Haiti to aid with reconstruction after the 2010 earthquake, but rampant mismanagement bungled the response, causing those funds to be largely ineffective, a recent report from the Government Accountability Office found. After the...

Seattle Forces Companies to Offer Paid Sick-Leave for DoorDashers, Other ‘Gig’ Workers

(Headline USA) Seattle's leftist mayor and woke city council on Wednesday approved a law forcing companies to pay their workers what government thinks they should be paid, ignoring warnings from industry experts with concerns that the measure would ultimately hurt consumers. Most gig workers in Seattle will be permanently entitled...

Commerce Dept. Revises Down Last Quarter’s Growth to 2.6% as Recession Looms

(Headline USA) The Commerce Department admitted that it once again had over-projected the strength of the Biden economy as bank failures, inflation and skyrocketing interest rates leave the U.S. on the cusp of a devastating recession. Meanwhile, the Democrat-led government continues its wasteful spending on dubious priorities like the war...

Adidas Suddenly Drops Trademark Complaint against BLM

(Corine Gatti, Headline USA) Woke sports-apparel corporation Adidas appears to have been kowed by fear of backlash after suggesting that the race-baiting, neo-Marxist group Black Lives Matter had infringed on its brand identity. The German-based company said in a filing to the U.S. Trademark Office on Monday that a three-striped BLM...

Top Financial Regulator Admits Woke Bank Responsible for Its Own Failure

(Headline USA) The nation's top financial regulator acknowledged that Silicon Valley Bank's own woke management was largely to blame for the bank's failure earlier this month and says the Federal Reserve will review whether a 2018 law that weakened stricter bank rules also contributed to its collapse. “SVB's failure is...

NPR Lays Off 100 Employees, Cancels Shows

(Dmytro “Henry” Aleksandrov, Headline USA) National Public Radio decided to cut four of its major podcasts and 10% of its workforce on Thursday -- a major reduction not seen since 2008 -- to save itself from collapsing. The reason why NPR decided to do that is because of a drop in ad...

Pocahontas Demands Fed Chair’s Ouster

(Headline USA) Sen. Elizabeth Warren, D-Mass., demanded that Federal Reserve Chairman Jerome Powell be removed from his position, accusing him of deliberately trying to tank the economy by hiking interest rates. On Wednesday, the Fed announced it would hike rates for the ninth time in an effort to ease inflation. Warren...

Jack Dorsey Loses $562M after Report about His Company’s Alleged Connection to Criminal Activity

(Dmytro “Henry” Aleksandrov, Headline USA) Jack Dorsey, an ex-Twitter CEO and censor, recently lost $562 million after a notorious short-seller released a report revealing that his payments company Block misled its investors and embraced a criminal user base. On Thursday, Hindenburg Research released its findings from a two-year investigation, saying that...

Tennessee Governor Signs Bill to Protect State Funds with Gold and Silver

(Jp Cortez, Sound Money Defense League) Tennessee Gov. Bill Lee has signed a measure into law that would empower the state treasurer to invest state funds in physical gold and silver. House Bill 1479, introduced by Rep. Bud Hulsey, passed out of the House of Representatives on Monday with a 98-0...

Lawmakers Tell Ex-CEOs of Woke Banks: ‘You Must Answer’ for Failures

(Headline USA) Leaders of the Senate's banking committee on Thursday warned former chief executive officers at the failed Silicon Valley Bank and Signature Bank that they expect them to testify before the panel, saying in a letter to each: “you must answer for the bank's downfall.” The committee is examining the events leading up...

Federal Reserve Rate Hike is 9th since March 2022

(Casey Harper, The Center Square) The Federal Reserve announced a key interest rate hike Wednesday, the ninth time it has done so since early 2022 in its effort to combat rising inflation. The rate got a quarter-point increase to 0.25% to 0.5% on March 17 of last year; the latest hike...
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