FINANCE

(Headline USA) A high-profile report on inflation to be released Tuesday morning was expected to show that the numbers continue to be more than three times what it was, on average, during the Trump administration, despite an aggressive---and economically risky---gambit by the Federal Reserve to bring it back down. Economists...

(Headline USA) The U.S. Securities and Exchange Commission has charged the former CEO of failed cryptocurrency firm FTX---also Democrats' second largest donor in the 2022 midterm election cycle---with orchestrating a scheme to defraud investors. An SEC complaint filed Tuesday alleges that Sam Bankman--Fried raised more than $1.8 billion from equity...

UPDATE: Sam Bankman--Fried was arrested Monday night prior to testifying in the House hearing. Complete details on the arrest are here. (Molly Bruns, Headline USA) Sam Bankman--Fried, the former CEO of crytpocurrency company FTX, will testify before the House Financial Services Committee during a hearing on Tuesday titled "Investigating the...

(Brett Rowland, The Center Square) The Federal Trade Commission filed suit Thursday against Microsoft Corp. to block it from acquiring Activision Blizzard Inc., publisher of the "Call of Duty" games. The FTC alleges the largest acquisition in the video gaming industry would allow Microsoft to suppress competitors to its Xbox...

(Jacob Bruns, Headline USA) Miami's Republican mayor, Francis Suarez, on Wednesday issueed an appeal for Twitter CEO Elon Musk to move his new company the south Florida city from its current headquarters in San Francisco, Axios reported. "t's Time to move @Twitter headquarters to Miami," he tweeted at Musk. "It's...

(Jacob Bruns, Headline USA) One of the nation's top investment companies, Vanguard Group, claims that it will no longer be a part of a woke Envoronmental, Social, and Governmental-oriented financial alliance, Legal Insurrection reported. Among the activist causes it helps fund, ESG investing frequently supports companies that reject fossil fuels...

(Joshua Paladino, Headline USA) The Make America Great Again fund, which invests exclusively in companies that support Republican values, has outperformed globalist-backed Environmental, Social and Corporate Governance funds by 15%, an impressive performance by any measure and more so because of increasing government mandates that promote ESG investing. Despite the...

(Headline USA) For better or worse, faith in the U.S. dollar has often hinged in part on what Treasury Secretary Janet Yellen says. On Thursday, the focus will be on what she writes, as the government churns out its first currency bearing her signature. Yellen’s signature on the new currency will...

(Jacob Bruns, Headline USA) The House Ethics Committee recommended fining Rep. Madison Cawthorn, R-N.C., more than $14,000 for promoting a cryptocurrency while in office, The Hill reported. It was alleged that Cawthorn promoted the "Let's Go Brandon" cryptocurrency while having some personal financial interest in its success. According to the Ethics...

(Molly Bruns, Headline USA) A recent reminder to report $600 transactions from Venmo and PayPal to the Internal Revenue Service has Republican lawmakers sounding alarm bells about the growing reach and power of the Biden administration's super-sized auditing agency. The Biden administration claimed that the goal of the measure hidden...

(Jacob Bruns, Headline USA) The World Economic Forum recently released the agenda for its 2023 meeting, at which the world's global elites will plan how to further enact the Great Reset to effect a new world order allowing them to exert hegemonic control over every facet of people's lives,...

(Molly Bruns, Headline USA) Protests against high-end fashion boutique Balenciaga broke out Saturday in response to the company's advertisements featuring children holding teddy bears dressed in bondage gear. According to the Daily Wire, the coordinated protests occurred in 20 cities across the world, including New York, Beverly Hills, London and...