Bidenomics? Business Bankruptcies Jump 34% In First Half Of 2024
Bidenomics? Business Bankruptcies Jump 34% In First Half Of 2024 Authored by Naveen Athrappully via The Epoch Times, Bankruptcy filings by commercial entities grew by more than a third this year as businesses struggled under an environment of high costs and interest rates, according to the American Bankruptcy Institute (ABI). A total of 3,016 commercial […]
Crypto Bid, Crude Skids, Stocks & Bonds Sluggish As CPI Looms
Crypto Bid, Crude Skids, Stocks & Bonds Sluggish As CPI Looms Somehow, Small Business Optimism rose in June (for the third straight month) to its highest since Dec 2023 despite aggregate economic data collapsing dramatically, PMIs plunging, and even The Fed admitting the labor market is tightening. Doe this look normal? We saw a decoupling […]
Speaker Johnson Presses NATO To Meet Spending Goals As DC Summit Kicks Off
Speaker Johnson Presses NATO To Meet Spending Goals As DC Summit Kicks Off The annual NATO summit 2024 began Tuesday in Washington D.C., and House of Representatives Speaker Mike Johnson used the opportunity to urge all alliance members to meeting spending goals, which as at least 2% of GDP for defense. “I just want to say this, […]
Worst Of All Worlds… For Democrats
Worst Of All Worlds… For Democrats Authored by Christopher Roach via American Greatness, The time for a political party to deal with a decrepit, elderly figurehead is not after the primaries, in which he won millions of votes and is presumptively guaranteed to be the party’s nominee. The recent attempts to replace President Biden as […]
Powell's Testimony Suggests Softening of Controversial Bank Capital Proposal
Federal Reserve Chair Jerome Powell announced that U.S. regulators are nearing agreement on a revised plan for bank capital requirements, potentially easing the initially proposed 19% increase for big banks. This development suggests a significant shift in response to intense lobbying from major financial institutions, who argued the original plan could hinder lending. While specific […]
America's Debt Crisis: The Hard Truths Politicians Won't Tell Voters
The United States faces a growing $35 trillion national debt crisis that neither major presidential candidate is addressing honestly. Budget expert Brian Riedl, in an analysis for the Manhattan Institute, outlines potential solutions to stabilize federal borrowing and prevent a debt crisis. These solutions involve a combination of tax increases, spending cuts, and benefit reductions, […]
Many Top Executives Withhold Financial Support in Trump vs. Biden Rematch
The 2024 presidential election is seeing a notable lack of financial support from America’s top CEOs, with only two out of the 100 biggest companies’ leaders making disclosed donations to either major party candidate. This trend continues a decline in CEO engagement in presidential politics that began with Donald Trump’s entry into the political arena. […]
AriZona Iced Tea CEO ‘Fights Hard’ To Keep Prices At 99 Cents
AriZona Iced Tea CEO ‘Fights Hard’ To Keep Prices At 99 Cents AriZona Beverages first debuted its 99-cent cans at retail brick-and-mortar shops in 1992. Thirty-two years later, the price has yet to be raised a single penny. “I don’t know about never, but not in the foreseeable future,” Arizona Beverages chairman and founder Don Vultaggio said in […]
Supreme Court Won’t Hear Online Commentator’s Censorship Suit Against California
Supreme Court Won’t Hear Online Commentator’s Censorship Suit Against California Authored by Matthew Vadum via The Epoch Times (emphasis ours), The Supreme Court denied commentator Rogan O’Handley’s bid last week to appeal a lower court’s decision dismissing his lawsuit that claimed California pressured Twitter to censor his election-related posts. The U.S. Supreme Court in Washington […]
Zelensky & Biden Blast Modi’s Visit To Moscow, Warm Embrace Of Putin
Zelensky & Biden Blast Modi’s Visit To Moscow, Warm Embrace Of Putin On Monday Indian Prime Minister Narendra Modi met Russian President Vladimir Putin at his residence in Novo-Ogaryovo near Moscow. Modi declared that he’s ready to support any and all efforts toward achieving peace in Ukraine. But while Putin and Modi were cementing their ‘bonds of […]