FINANCE

(Headline USA) Treasury Secretary Janet Yellen blamed Americans’ spending habits as the root cause of 40-year-high inflation during an appearance on The Late Show with Stephen Colbert on Wednesday. Colbert asked Yellen to explain how inflation has gotten so out of hand when “two years ago everything seemed fine,” the Right...

(The Center Square) Sen. Josh Hawley, R-Mo., is pressing Apple CEO Tim Cook about his relationship with China and Apple’s “speech control” policies in the U.S. “I write regarding Apple's ongoing collaboration with the totalitarian Chinese government,” Hawley wrote in a letter sent to Cook Tuesday. “Your continued dependency on Chinese...

(The Center Square) The majority of Americans should wait until they’re age 70 to begin collecting their Social Security benefits to maximize their monthly payments, according to a study published by the National Bureau of Economic Research. “Americans are notoriously bad savers,” the authors of the report state. “Large numbers...

(Headline USA) The former CEO of the failed cryptocurrency exchange FTX said Wednesday that he did not "knowingly" misuse customers' funds, and said he believes his millions of angry customers will eventually be made whole. The comments from Sam Bankman--Fried came during an interview with Andrew Ross Sorkin at a...

(The Center Square) The U.S. House of Representatives voted Wednesday on an agreement between rail companies and workers to prevent a strike that could have major economic consequences. Lawmakers voted 290 to 137 to back a deal between unions and rail companies that includes pay increases. Now, the Senate must...

(Joshua Paladino, Headline USA) While headlines fill with more and more lurid news about the crash of FTX and downfall of Democrat-friendly alleged money-launderer Sam Bankman-Fried, several young cryptocurrency billionaires have demonstrated an odd propensity to die in mysterious circumstances after warning about conspiracies against them. Daily Wire host Candace...

(The Center Square) The Biden administration is again defering repayment of student loans until President Joe Biden’s effort to transfer loan debts from borrowers to taxpayers via executive action makes its way through the courts. However, a new analysis found that decision will cost taxpayers billions of dollars in unpaid...

(The Center Square) Elon Musk says Twitter may now be removed from the Apple App store, prompting Florida Gov. Ron DeSantis to defend the social media company. “Apple has mostly stopped advertising on Twitter. Do they hate free speech in America?” Musk, the billionaire owner of Twitter and Tesla, tweeted...

(Molly Bruns, Headline USA) Business of Fashion magazine announced that it will be revoking an award it gave to luxury brand Balenciaga in response to a recent line of advertisements featuring young children with "BDSM-inspired products." “At BoF, we hold the safety of children in the highest regard,” Business of...

(Ezekiel Loseke, Headline USA) Darren Beattie, in an overview of Revolver's investigative journalism on Tether, exposed a money-laundering operation that may be bigger than FTX and more politically significant than the cosmopolitan oligarch George Soros. Beattie's overview is a summary of the full report; while the summary should be heard,...

(Molly Bruns, Headline USA) A recently-released survey revealed that almost half of US consumers will be spending less this holiday season due to skyrocketing inflation triggered by the Biden administration's disastrous policies. According to Breitbart, 48.2% of 1,100 of surveyed American consumers "will spend less money due to inflation during...

(Headline USA) Shoppers are reeling from the soaring costs on just about everything, driven by the Biden administration's failing domestic policies that have fueled inflation, and it could get worse. Consumers holding out for big deals may be disappointed as they head into the busiest shopping season of the year. While retailers...