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Monday, November 18, 2024

FINANCE

Will the Corrupt DOJ that Colluded w/ Big Tech Push to Break Up Google?

(Headline USA) Skepticism remained high that the Biden Justice Department would, in good faith, seek to enforce the nation's antitrust laws in a major case against Google, even as it fights elsewhere in court to defend its right to collude with Big Tech to censor U.S. citizens in violation...

Biden DHS Launches Nationwide Initiative to Funnel Jobs to Illegals

(Molly Bruns, Headline USA) The Department of Homeland Security launched a national work program for illegal aliens crossing into the United States seeking jobs as the labor force participation rate of Americans keeps falling. The program will ensure that illegals become eligible for work permits---and American jobs, by extension, according...

Whistleblowers Flagged Hunter Biden’s Shady Schemes as Early as 2015

(Ken Silva, Headline USA) Investigative reporter John Solomon obtained and published Hunter Biden whistleblower records Thursday, showing that the president’s son was raising red flags as early as 2015 over a fraudulent bond scheme with the Native American Wakpamni tribe. The documents published by Solomon include a May 2015 internal...

Trump’s Truth Social Gets 1 More Year to Complete Merger, Stock Remains High

(Jacob Bruns, Headline USA) In what amounts to good news on the whole for former President Donald Trump's social media platform, Truth Social, it was announced that the company will have an additional year to complete its merger with the Digital World Acquisition Corp., Axios reported. The merger so far...

Bill Gates Buys Up 1.7M Shares of Anheuser-Busch

(Molly Bruns, Headline USA) For anyone wondering what beer goes best with bugs, globalist billionaire Bill Gates recently invested some serious cash in Anheuser--Busch, the parent company to Bud Light. Gates purchased 1.7 million shares of the company's stock via the Bill & Melinda Gates Foundation Trust in 2023's second...

Biden’s Economic Claims Clash w/ Commerce Secretary’s Reality Check

(Luis Cornelio, Headline USA) President Joe Biden delivered a Labor Day address on Monday, celebrating what he termed the success of his economic policies, which he referred to as "Bidenomics."   However, his comments came just a day after his own Secretary of Commerce, Gina Raimondo, acknowledged the persistent challenges of...

Biden Crime Wave Forces Supermarket Chain Into Lockdown

(Molly Bruns, Headline USA) Grocery store chain Giant Food, located in Washington D.C., opted to remove several staple brands from shelves amid rising crime rates, essentially placing the stores on internal lockdowns.. The supermarket chain announced that Tide detergent, Colgate toothpaste and even Advil ibuprofen faced removal, according to the...

Trump’s Truth Social Faces Key Merger Vote Reportedly to Remain Viable

(Robert Jonathan, Headline USA) The continued viability of Truth Social may or may not be hanging in the balance with a looming shareholder vote. Trump Media & Technology Group, the Twitter rival's parent company, and Digital World Acquisition Corp. are or were set to merge, but the deal announced back...

‘Cheap Labor’ Is the Most Expensive Labor of All

(John Tamny, RealClear Wire) The left-leaning imagine against all reason that businesses are out to exploit workers with low wages. The right-leaning disagree with the left rhetorically, all the while making the left’s case for them. For evidence of this, consider the minimum wage. Lefties pursue legislative force to push...

Food Prices Expected to Rise Through 2024

(By Casey Harper, The Center Square) Recently released federal pricing analysis from the U.S. Department of Agriculture projects that food prices will continue to rise through 2024. The USDA pointed to the U.S. Bureau of Labor Statistics Consumer Price Index released earlier this month, which showed consumer prices overall rose...

U.S. GDP Worse Than Originally Published

(By Casey Harper, The Center Square) Newly revised Gross Domestic Product data shows that the U.S. economy grew by 2.1% in the second quarter of 2023, lower than previously reported by the federal agency. The U.S. Bureau of Economic Analysis released the revised GDP numbers Wednesday, which are lower than...

What Happens If the Government Outspends Its Ability to Pay?

(By Peter Jacobsen, FEE) For “Ask an Economist” this week, I have two questions from J.R. He says, “My question is what happens when the government continues to spend out of control where it potentially out spends its ability to pay its bills/debt? With the national debt over $30 trillion and...
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