Wednesday, July 9, 2025

FINANCE

Federal Budget Deficit up Nearly 40 Percent Through First Quarter of Fiscal 2025

(Mike Maharrey, Money Metals News Service) The budget deficit continues to balloon, with the Q1 2025 budget shortfall running 39.4 percent higher than the same period in fiscal 2024. The Biden administration ran an $86.7 billion budget deficit in December, according to the latest Monthy Treasury Report. That pushed the first-quarter...

December CPI: The Good, the Bad, and the Expensive

(Mike Maharrey, Money Metals News Service) Have you ever gone to a movie everybody raved about and thought, ‘Meh. I don’t get all the hype?’ That’s how I felt reading the December Consumer Price Index (CPI) report. I mean, it wasn’t awful. But it wasn’t good either. On balance, the CPI has been...

Biden Burns $7B on Empty Offices as COVID-Era Telework Drags On

(Luis Cornelio, Headline USA) President Joe Biden is pouring billions of dollars into unused office spaces despite allowing half of the federal workforce to work remotely years after the COVID-19 pandemic ended. Republicans affirmed that this is a glaring example of government waste.  According to a bombshell report by the House...

MSNBC President Steps Down Days Before Trump’s Inauguration

(Headline USA) MSNBC President Rashida Jones revealed Tuesday that she was stepping down from the network just days before President-elect Donald Trump’s inauguration and would be replaced by Rebecca Kutler, a former CNN executive, USA Today reported. Jones took over as MSNBC’s president in February 2021. By the end of her...

Bias Alert: Google Signs Deal w/ AP to Deliver Up-to-Date News through Gemini AI Chatbot

(Headline USA) While some media platforms, including social-media giant Meta and the Jeff Bezos-owned Washington Post may be responding to the return of President Donald Trump by scaling back on their aggressively woke propaganda, others are doubling down. Alarmingly, that may include newly emerging artificial intelligence, which users assume to...

FDA Bans Red Dye No. 3 from Foods

(Headline USA) U.S. regulators on Wednesday banned the dye called Red 3 from the nation's food supply, nearly 35 years after it was barred from cosmetics because of potential cancer risk. Food and Drug Administration officials granted a 2022 petition filed by two dozen food safety and health advocates, who...

TikTok Prepares for Shutdown as Ban Looms

(Shirleen Guerra, The Center Square) Faced with a potential U.S. ban, TikTok plans to shut down its app nationwide on Sunday unless the U.S. Supreme Court intervenes. The company informed its nearly 170 million American users that, in the event the shutdown takes place, they will encounter a pop-up message...

Coca-Cola CEO Gifts Trump a Special Drink

(Julianna Frieman, Headline USA) Coca-Cola honored President-elect Donald Trump with a special gift on Tuesday ahead of his inauguration. Trump received the first ever Presidential Commemorative Inaugural Diet Coke bottle from company chairman and CEO James Quincey, the president-elect’s deputy director of communications revealed on social media. https://twitter.com/margomartin/status/1879330618225676448?s=46&t=Sx_FyVBKgJm3gSLB1U4KjQ “Tonight, President Trump received the...

Elon Musk to Have an Office at Trump’s White House

(Ken Silva, Headline USA) The New York Times reported Monday that billionaire Trump backer Elon Musk is going to have an office at the White House complex for his nascent Department of Government Efficiency, which seeks to cut up to $2 trillion in federal spending. According to the Times, Musk...

Starbucks Reverses Free Bathroom Policy

(Dmytro “Henry” Aleksandrov, Headline USA) The Wall Street Journal reported that Starbucks recently reversed its policy of providing free bathrooms, stating that only customers can now use them. The newly updated "Coffeehouse Code of Conduct" stated, "Starbucks spaces are for use by our partners and customers — this includes our cafes, patios...

Trump to Create External Revenue Service for Tariffs

https://twitter.com/TrumpWarRoom/status/1879206914955055500 (Dmytro “Henry” Aleksandrov, Headline USA) President-elect Donald Trump wrote in his Tuesday post on Truth Social that he plans to create an “External Revenue Service” to collect tariffs and other revenue from foreign countries. "For far too long, we have relied on taxing our Great People using the Internal Revenue...

Americans Shift Apps Amid TikTok Uncertainty in the U.S.

(Shirleen Guerra, The Center Square) As the debate over a potential Jan. 19 TikTok ban in the United States intensifies, millions of users are preemptively flocking to another Chinese-owned app, sparking fresh concerns over data privacy and national security. Meanwhile, lawmakers have urged a pause on the proposed ban to...
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