Tuesday, July 1, 2025

FINANCE

Inflation Inflicts Greater Pain on US Consumers in July Report

Consumer prices continued their steady rise upward in July, with inflation running at 5.4% annually, well above the Federal Reserve target of 3%, according to data released by the Labor Department. The index for all items less food and energy, called the core index, increased 0.3 percent in July on...

St. Louis Taxi Company Bans Masked, Vaccinated Customers

A taxi company in St. Louis, Missouri announced it will not serve customers who have been vaccinated against the coronavirus or insist on wearing masks inside the cars.  "We don't allow any type of masks in our vehicles," Charlie Bullington, the owner of Yo Transportation, told KMOV. "The second one...

Bullion Investors Hang Tight!

(Clint Siegner, Money Metals News Service) The precious metals futures markets launched shortly after Richard Nixon closed the gold window and removed the last vestige of gold backing from the Federal Reserve Note. Officials introduced paper gold and silver contracts specifically to increase price volatility and discourage physical ownership of...

Automaking Subsidy-Whores Vacuum Up Biden’s Green New Deal $$ to Push EVs

By signing an executive order on Thursday, President Joe Biden tightened America's fuel-efficiency standards and committed America to giving billions in green-energy subsidies to the nation's electric vehicle manufacturers. The Wall Street Journal Editorial Board said Biden unified "Big Business" and "Big Government to grab subsidies and raise consumer prices." "Auto...

Biden’s Infrastructure Bill Part of Green New Deal, Jacks Up Debt

(Mike Gleason, from the Money Metals News Service podcast) As the U.S. Senate moves closer to passing a trillion-dollar spending bill that includes some infrastructure priorities, critics are warning that the public is being taken for a ride. President Joe Biden and his allies in Congress have actually claimed that the...

Ben & Jerry’s Anti-Israel Chairwoman May Be Self-Dealing to Her Nonprofit

In its anti-Israel advocacy, the charitable foundation associated with Ben & Jerry's may have committed criminal self-dealing by awarding $170,500 to a trustee's think tank, the Washington Free Beacon reported. Ben & Jerry's corporate board Chairwoman Anuradha Mittal, an Hamas and Hezbollah sympathizer, resides at the scandal's center. In addition to her...

Apple to Scan ALL US iPhones for Images of Child Sexual Abuse

(Associated Press) Apple unveiled plans to scan U.S. iPhones for images of child sexual abuse, drawing applause from child protection groups but raising concern among some security researchers that the system could be misused, including by governments looking to surveil their citizens. The tool designed to detected known images of child...

Thousands of Wealthy Elites Renouncing US Citizenship to Avoid Biden Taxes, Lockdowns

President Joe Biden's plan to soak the rich in order to fund trillions in new welfare entitlements will not be brought fully before Congress until later this month, when Democrats hope to slip a massive "human infrastructure" scheme through the Senate using budget reconciliation. But the rich themselves have wasted...

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...
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