Saturday, March 14, 2026

FINANCE

Biden’s Dangerous Inflation Denials

President Joe Biden is in denial about inflation. This week he superficially addressed the problem by admitting the obvious – that prices have been rising rapidly this year – while denying that the inflation surge represents anything out of the ordinary. “Some folks have raised worries that this could be a...

Israel Vows to ‘Act Aggressively’ Against Ben & Jerry’s

(Headline USA) Israel’s prime minister vowed Tuesday to “act aggressively” against the decision by Ben & Jerry’s to stop selling its ice cream in Israeli territories it says are "occupied," as the country’s ambassador to the U.S. urged dozens of state governors to punish the company under anti-boycott laws. The strong...

WATCHDOG: ‘COVID Relief’ Unemployment Programs Wasted BILLION$

(Casey Harper, The Center Square) A federal watchdog says billions of taxpayer dollars have been wasted through unemployment programs in the past year, and that number is likely to rise. The Government Accountability Office released a report examining unemployment benefits during the COVID pandemic that found states and territories had overpaid...

Biden Dismissive of Inflation Fears Despite Troubling Data

(Jack Birle, The Center Square) President Joe Biden attempted to quell fears over inflation during a speech about his administration’s handling of the economy Monday. Biden acknowledged rising prices for products like lumber and automobiles but also said these price increases are a side effect of the economy emerging from the...

BOYCOTT & DIVEST: Ben & Jerry’s to Stop Sales in ‘West Bank,’ East Jerusalem

(Headline USA) Ben & Jerry’s said Monday it was going to stop selling its ice cream in Israel's territory of the "West Bank" of the Jordan River and east Jerusalem, saying the sales in the territories sought by the Palestinians are “inconsistent with our values.” The announcement was one of the...

China Buying Up American Farms and It Threatens US Food Supply

Citing the national security risk, politicians on both sides of the aisle are aiming to crack down on Chinese purchasing of agricultural land in the U.S. “By the start of 2020, Chinese owners controlled about 192,000 agricultural acres in the U.S., worth $1.9 billion, including land used for farming, ranching...

The Government is Culpable for America’s Retirement Crisis

America faces a retirement crisis. The chairman of the world’s largest asset management firm is sounding the alarm. BlackRock CEO Larry Fink told CNBC last week that he sees a “silent crisis of retirement.” Fink cited ultra-low interest rates, combining with elevated inflation rates, as steadily diminishing the real value of retirement...

‘Woke’ Disney CANCELS California, Plans to Relocate 2,000 Jobs to Florida

Despite its notoriety for publicly embracing 'woke' virtue-signaling and cancel-culture, the Walt Disney Company had no scruples in choosing red-state incentives over draconian blue-state regulations when its own corporate affairs were on the line. Disney will relocate 2,000 employees from its Burbank, California headquarters to Lake Nona, a planned development...

YELLEN: Inflation Will Be with Us for MONTHS

Treasury Secretary and former Fed Chair, Janet Yellen, has reversed course, saying that inflation will likely stay with the country for at least a few more months after previously saying it would likely subside quickly. “We will have several more months of rapid inflation,” Yellen told Sara Eisen on CNBC....

California Approves First Taxpayer-Funded Guaranteed Basic Income

(Headline USA) California lawmakers on Thursday approved the first state-funded guaranteed income plan in the U.S., $35 million for monthly cash payments to qualifying pregnant people and young adults who recently left foster care with no restrictions on how they spend it. The votes — 36-0 in the Senate and 64-0...

POLL: 1.8M People Didn’t Return to Work Because of Generous Welfare Benefits

(Brad Polumbo, Foundation for Economic Education) Here are FEE, we predicted from the beginning of the pandemic that Congress’s decision to create an unemployment benefits system paying most individuals more on welfare than they earned by working would backfire. We weren’t the only ones. The nonpartisan Congressional Budget Office similarly cautioned that...

Wholesale Inflation over Past Year Jumps by Record Amount

(Headline USA) Inflation at the wholesale level jumped 1% in June, pushing price gains over the past 12 months up by a record 7.3%. The Labor Department reported Wednesday that the June increase in its producer price index, which measures inflation pressures before they reach consumers, followed a gain of 0.8%...
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