Saturday, November 8, 2025

FINANCE

SEC Sues Crypto Giant Binance for ‘Web of Deception’

(By Brett Rowland, The Center Square) The U.S. Securities and Exchange Commission sued Binance, the largest cryptocurrency asset trading platform in the world, for allegedly misusing customer money and operating an illegal exchange. The lawsuit filed Monday named Binance Holdings Ltd., Binance.com; U.S.-based affiliate, BAM Trading Services Inc., which, together...

‘Caddyshack’ Shows Why Many Intellectuals Hate Capitalism

(By Michael Munger, FEE) Many intellectuals dislike capitalism. Thirty-five percent of respondents with high school, or some college, said they had “favorable” views of socialism, according to Pew Research Center. But more than 40% of those with post-graduate studies had favorable perceptions of socialism; for people who had finished PhDs, the...

NBA Player Launches Anti-Woke Clothing Line

(Molly Bruns, Headline USA) NBA star Jonathan Isaac recently announced the launch of his anti-woke athletic apparel line, called UNITUS. According to Breitbart, Issac initially became a point of controversy after he refused to kneel for the national anthem. Once again, he has decided to use his freedoms to "create an...

Commercial and Individual Bankruptcies on the Rise Across U.S.

(By Tom Gantert, The Center Square) Commercial bankruptcy filings increased 31% in May 2023 from May 2022, according to a report from a company that tracks bankruptcy filings. There were 2,324 commercial filings in May 2023 compared to 1,771 registered in May 2022, according to Epiq Bankruptcy. Total bankruptcy filings were...

Small Businesses Struggle to Fill Job Openings, Report Finds

(By Casey Harper, The Center Square) A newly released survey of small businesses shows that nearly half are having trouble filling job openings. The National Federation of Independent Businesses released the survey, which found that 44% of small business owners report being unable to fill current job openings, a full...

PetSmart Embraces New Type of ‘Grooming’ for Pride Month

(Jacob Bruns, Headline USA) PetSmart has decided to join in the corporate celebration of Pride Month with a new series of LGBT merchandise, the New York Post reported. The pet merchandise store recently launched an advertising campaign called "You Are Loved," which will feature LGBT pet attire and accessories. The collection includes...

Amazon Leftist Snowflakes Stage Walkout over Company’s Return-to-Office Mandate

(Headline USA) Using climate alarmism as an excuse to avoid returning to in-person work, a group of corporate Amazon workers is planning a walkout at the company’s Seattle headquarters Wednesday. The lunchtime protest comes a week after Amazon’s annual shareholder meeting and a month after a policy took effect requiring...

‘No Deal’: Republican Mavericks Revolt Against Biden-McCarthy Debt Ceiling Plan

(Ken Silva, Headline USA) A small but growing number of Republicans are coming out against what they’ve criticized as an “unlimited debt ceiling increase” brokered between President Joe Biden and House Speaker Kevin McCarthy. The Biden-McCarthy “Fiscal Responsibility Act” would reportedly increase the debt ceiling by at least $4 trillion...

Jeffries Silent on Devastating Democratic Blow over Debt Ceiling

(Luis Cornelio, Headline USA) As the White House and House Republicans reach a deal over the months-long debate on raising the debt ceiling, Minority Leader Rep. Hakeem Jeffries, D-N.Y., remained tight-lipped on his party’s support for such an agreement, which could be deemed as a victory for the GOP and...

McCarthy, Biden Reach Tentative Debt-Ceiling Deal, but Many Remain Skeptical

(Headline USA) House Speaker Kevin McCarthy, R-Calif., and President Joe Biden reached an “agreement in principle” to raise the nation's legal debt ceiling, but now Congress must rush to approve the spending cuts package in a matter of days to avert a potentially disastrous U.S. default. The agreement risks angering...

Feds: Inflation Continued to Rise in April

(By Casey Harper, The Center Square) Inflation continues to rise at elevated levels, according to new federal data. The U.S. Bureau of Economic Analysis released its Personal Consumption Expenditure index Friday, a key marker of inflation, which showed the PCE rose 0.4% in April. “Prices for goods increased 0.3 percent and...

Squad Member Accuses GOP of Being ‘Godless’

(Molly Bruns, Headline USA) Rep. Ayanna Pressley, D-Mass., a charter member of "The Squad," decried Republicans for being "godless" for pushing spending cuts. The proclamation came during a speech on the House floor in the midst of debates concerning the nation's debt ceiling, the Daily Caller reported. “The Republicans continue to...
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