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Thursday, April 25, 2024

FINANCE

Mississippi Legislature Votes Overwhelmingly to End Sales Taxes on Gold and Silver

(Jp Cortez, Sound Money Defense League) State lawmakers of both houses have just voted overwhelmingly to exempt physical gold, silver, platinum, and palladium coins and bullion from the Mississippi state sales tax, sending the bill to Governor Tate Reeves (R) for his signature. Senate Bill 2019, sponsored by Sen. Chad...

IRS Leaked Thousands of Americans’ Tax Filings; Congress Demands Answers

(Casey Harper, The Center Square) The new head of the powerful House Ways and Means Committee blasted the Biden administration for giving few answers after thousands of taxpayer files were leaked to an outside group. House Ways and Means Chairman Rep. Jason Smith, R-Mo., sent a letter to Russel George, the...

CBS Host Confronts Bernie Sanders about Benefits of Capitalism

(Molly Bruns, Headline USA) During an interview on CBS News's Face the Nation on Sunday, host Margaret Brennan confronted supposed anti-capitalist Sen. Bernie Sanders, I-Vt., about selling pricey tickets for his book tour via Ticketmaster. Brennan brought on the senator on to discuss his upcoming book, It's OK to Be...

Longtime YouTube CEO Departs Ahead of Big SCOTUS Ruling on Internet Accountability

(Headline USA) Susan Wojcicki, a longtime Google executive who played a key role in the company's creation, is stepping down as YouTube's CEO after spending the past nine years running the controversial video-streaming site, which has played a significant role in aggressively censoring and shadow-banning conservative content. In an email...

Judge Suggests Jail to Curb Bankman–Fried’s Alleged Witness-Tampering Attempts

(Headline USA) A federal judge showed growing impatience Thursday with FTX founder Sam Bankman--Fried’s use of the internet while on bail, suggesting that incarceration might eventually be the most effective way to prevent him from communicating on electronic devices in ways that can't be tracked. Judge Lewis A. Kaplan did...

CBO Projects Higher Unemployment, Slow Exit from Inflation

(Headline USA) As Democrats push for more prolific government spending to finance their radical agendas and policies, the Congressional Budget Office said Wednesday that it expects the U.S. economy to stagnate this year with the unemployment rate jumping to 5.1%—a bleak outlook that was paired with a 10-year projection that publicly...

Corporate America Dumping Diversity Roles More than Any Other Position

(Jacob Bruns, Headline USA) As corporate America---and Big Tech in particular---lay off thousands of Americans, it turns out that frivolous diversity jobs have been the first to go, Bloomberg reported. Major woke corporations such as Target, Capital One, Amazon, Wells Fargo, Twitter, Nike and Intel have all cut their DEI...

China Sanctions Lockheed Martin, Raytheon for Taiwan Sales

(Headline USA) China on Thursday imposed trade and investment sanctions on Lockheed Martin and a unit of Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Party as part of its territory. Lockheed Martin Corp. and Raytheon Technologies Corp.'s Raytheon...

Bideflation Ruins Breakfast as OJ and Eggs Hit Record Highs

(Joshua Paladino, Headline USA) As President Joe Biden spends without limit on foreign wars and hopeless green energy projects, regular Americans have had more difficulty putting a nutritious breakfast on the table with each passing month. Orange juice prices hit record highs in January at $10 a gallon for 100%...

Inflation Rebounds in January

(Casey Harper, The Center Square) The U.S. Bureau of Labor Statistics released fresh inflation figure Tuesday which show inflation picked back up in January. The BLS Consumer Price Index rose 0.5% last month, part of a 6.4% increase over the last year. Overall, January’s rate is not as high as the...

DeSantis Plans to Ban ESG ‘Woke Banking’ in Fla.

(Dmytro “Henry” Aleksandrov, Headline USA) Republican Florida Gov. Ron DeSantis announced proposed legislation on Monday that is designed to end ESG woke banking in the state, stating that it was an “elite-driven phenomenon” that sought to impose policies that the public would never favor. During his press conference, DeSantis said that ESG --...

IRS Rules Refunds from 21 States Won’t be Taxed when Filing 2022 Return

(Joe Mueller, The Center Square) Taxpayers who received state refunds from Colorado and 20 other states will not be required to report those payments on their 2022 federal Internal Revenue Service return. “The IRS has determined that in the interest of sound tax administration and other factors, taxpayers in many states...
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