Category Archives for News

Dems’ Spending Bill May Cost Taxpayers WAY More Than What They’re Letting On

As House Democrats push to finally vote for their massive reconciliation spending bill before Thanksgiving, budget watchdogs are arguing their estimates are systematically undercounting how much the bill will cost taxpayers.The Committee for a Responsible Federal Budget (CRFB) is the loudest among these voices. It released a report Monday saying that the real cost of […]

Continue reading

Yellen ties end of inflation with ‘successful’ response to COVID pandemic

In a pre-taped interview with CBS’s “Face the Nation” that aired on Sunday, Yellen was asked whether she is confident that the inflation rate will be back to normal levels by next November, prompting her to say the “pandemic has been calling the shots for the economy and for inflation.””If we want to get inflation […]

Continue reading

Homes sell at record pace, sellers get asking price

​​U.S. homes typically sold within one week between July 2020 and June 2021, a survey by the National Association of Realtors found.The need for a larger home and desire to move closer to friends and family during the COVID-19 pandemic coupled with low inventory and mortgage interest rates has spurred a record pace for home […]

Continue reading

OPEC Says To Biden: If You Want More Oil, Pump It Yourself

​OPEC and its oil-producing partners have rebuffed President Joe Biden’s calls for increased production amidst rising fuel prices, retorting that if the United States believes the world’s economy needs more energy, then it has the capability to increase production itself. The OPEC+ alliance, made up of OPEC members led by Saudi Arabia and non-member top […]

Continue reading

Pilots take matters into their own hands after Biden’s vaccine mandate

A major North Carolina airport saw pilots protesting Saturday against President Biden’s new vaccine mandate, as the airline industry already struggles with staffing shortages amid an inoculation push. A group called the US Freedom Flyers organized a rally outside Charlotte-Douglas International Airport Saturday, as pilots for major airlines and other supported protested against Biden’s latest […]

Continue reading

Bill Could Give Four Weeks of Paid Leave to People Without Jobs

Democrats’ spending bill could give four weeks of paid leave to people without jobs. Rep. Greg Murphy told Fox Business that the Democrats’ legislative process has been a ‘disaster.’The latest version of the House Democrats’ massive $1.7 trillion reconciliation bill contains a provision guaranteeing four weeks of federal paid medical and family leave, even if you’re […]

Continue reading

Biden Says He’ll Announce Fed Nominations ‘Fairly Quickly’

President Joe Biden said Tuesday that the White House will be making an announcement about his nominations to lead the U.S. Federal Reserve “fairly quickly.”Biden told reporters that he has been thinking about personnel decisions, including whether to re-nominate Fed Chair Jerome Powell, and that he expected there would be “plenty of time” for his […]

Continue reading

Elon Musk has one request of Tesla’s new hometown

Elon Musk recently announced he’s moving Tesla’s headquarters from California to TexasMusk warned Sunday against turning the city of Austin, Texas, into a “San Francisco copycat.””Austin should be its city, not a San Francisco copycat,” the billionaire tweeted. Exploit a Step-by-Step Blueprint and EARN Consistent Daily Income from the Most Predictable & Profitable Market on […]

Continue reading

Costco reportedly raises minimum wage to $17 an hour

Costco Wholesale Corporation raised its minimum wage to $17 an hour this week, according to reports.”Effective October 25, 2021, we will adjust the starting hourly wages for new employees in the U.S. to $17.00/hour for Service Assistants, $18.00/hour for Service Clerks and $18.50/hour for Meat Cutters,” an Oct. 19 memo provided to TODAY Food read. […]

Continue reading

Raytheon Warns of Worker Losses as Companies Impose Vaccine Mandate

Raytheon Technologies’ top boss warned on Tuesday the U.S. aerospace and defense firm will lose ‘several thousand’ employees who refused to take COVID-19 vaccines, as it prepares to meet the Biden administrations’ Jan. 1 deadline for immunization.”We will lose several thousand people,” Raytheon Chief Executive Greg Hayes said in a CNBC interview on Tuesday, adding […]

Continue reading