FINANCE
Bidenflation Has Major Brands Cutting Portions, Not Prices
(Chris Parker, Headline USA) Some of the nation’s top food and supply manufacturers are cutting the portions of their products to cope with soaring inflation, yet another Biden burden on consumers trying to make ends meet.
In a trend dubbed “shrinkflation,” the packages containing everyday supplies remain the same size,...
Hyper-Woke Target Hemorrhaging Customers, Blames Biden Economy
(Headline USA) In what may be a telling indicator that the era of virtue-signaling woke corporations is in decline, Target announced it was canceling orders from suppliers, particularly for home goods and clothing, and slashing prices further to clear out amassed inventory ahead of the critical fall and holiday...
Amid Crypto Turmoil, Senators Propose Sweeping Oversight
(Headline USA) Wide-ranging bipartisan legislation unveiled Tuesday would regulate cryptocurrencies and other digital assets following a series of high-profile busts and failures.
It’s unclear, though, whether the bill proposed by Sens. Kirsten Gillibrand, D-N.Y., and Cynthia Lummis, R-Wyo., can clear Congress, especially at a time of heightened partisanship ahead of midterm...
Raytheon to Establish Global Headquarters Near Washington, DC
(Headline USA) Aerospace and defense company Raytheon Technologies will establish a global headquarters in Arlington, Virginia, the company announced Tuesday.
The location just outside Washington “increases agility in supporting U.S. government and commercial aerospace customers and serves to reinforce partnerships that will progress innovative technologies to advance the industry,” the...
Buttigieg: Inflation’s True Goal to Create More Welfare Dependency
(Jacob Bruns, Headline USA) Secretary of Transportation Pete Buttigieg appeared to acknowledge Sunday that the pain inflicted by the worst inflation in a generation was all part of a deliberate left-wing social-engineering plan to nationalize America's free-market-driven economy.
In an appearance on ABC News, the former mayor of South Bend,...
Taser Company Halts Development of Drone amid Ethics Backlash
Axon, the company best known for developing the Taser, said Monday it was halting plans to develop a Taser-equipped drone after a majority of its ethics board resigned over the controversial project.
Axon’s founder and CEO Rick Smith said the company’s announcement last week---which drew a rebuke from its artificial...
Soaring Inflation Forces Americans to Scale Back
Americans at the low end of the income rung are once again struggling to make ends meet.
A confluence of factors — the Ukrainian/Russian conflict, surging inflation on staples like gas and food, and a distressed supply chain — are creating new challenges for Americans.
Americans have pulled back faster than...
List of Economists Concerned about Recession is Growing
(Chris Parker, Headline USA) Even as the leftist media attempts to convince us that Biden’s economy isn’t as bad as it seems, the list of economists concerned about a looming recession continues to grow.
Most economists now predict that the US will be in a recession next year. However, many...
Amazon’s Entitled Work-at-Home Employees Sue over Office Supplies, Expenses
(Gregg Pupecki, Headline USA) During the COVID-19 pandemic, many employees were fortunate enough to be allowed to work from home, but for some that privilege was not enough.
Employees from several companies, including Amazon, now believe they are entitled to free internet, electricity and company-paid office supplies for their...
Biden Admin Assumes $5.8B in Student-Loan Debt from 560K Scam Victims
(Headline USA) Hundreds of thousands of students who attended the for-profit Corinthian Colleges chain will automatically get their federal student loans canceled, the Biden administration announced Thursday.
The move aims to bring closure to one of the most notorious cases of fraud in American higher education. However, it ultimately shifts...
Chase Bank CEO Warns of Impending Financial ‘Hurricane’
(Jacob Bruns, Headline USA) JP Morgan Chase CEO Jamie Dimon claimed at the Berstein conference that America is heading straight for a brutal recession, as the Biden administration's domestic and foreign policies continue to produce dismal results.
Dimon cited massive inflation rates plus the skirmish between Russia and Ukraine as...
SURVEY: Bidenflation Will Force 1 in 4 Americans to Delay Retirement
(The Center Square) Millions of Americans say the likely will have to push back their retirement because of rising inflation, newly released financial survey data found.
The BMO Real Financial Progress Index, a quarterly survey from BMO and Ipsos, showed that a quarter of Americans will likely need to delay...
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