Business/Economy (News/Activism)
-
Millions of middle-class California households are poised to pay an extra $24 per month for electricity, regardless of how much electricity they use. Regulators are hoping this utility billing policy will rescue their agenda to move everyone to electric cars and appliances by redistributing the massive costs of the state’s electric grid so utilities can lower their usage rates. But critics say the income-based premium will likely further hike utility costs for millions of Californians—nearly one-fifth of whom are already behind in paying their bills after household electricity rates almost doubled in the last decade—and likely won’t do much to...
-
California Gov. Gavin Newsom (D) on Friday announced a $44.9 billion deficit in his revised proposal for the 2024-2025 state budget, while proposing a series of cuts to close the spending gap. The shortfall includes $27.6 billion detailed in his proposal, plus $17.3 billion in cuts that the State Legislature proactively instituted a few weeks ago. The governor proposed a $288.1 billion topline budget figure, down from Newsom’s initial January proposal for a $291.5 billion budget. Although the total $44.9 billion deficit is higher than the $37.9 figure projected in January, Newsom’s revision involves withdrawing $4.2 billion from the state’s...
-
If you’ve visited a grocery store in the last year, chances are high that you saw single-use plastic bags swapped for another reusable bag (also made with plastic, but we’ll get to that later). Or maybe your local grocery store hasn’t even made this trade-off, despite the law stating they must do so. On your walk home from that very store, you probably saw plastic bags still littered along the street. This is all part of the current problem with single-use plastic bans on bags, straws and takeout containers across the U.S. They are disjointed and, for the average person,...
-
White House Council of Economic Advisers Chair Lael Brainard dismissed the notion that Republicans would be able to easily reverse the sustainable energy provisions passed in the 2022 Inflation Reduction Act (IRA) even if they win majorities in the general election this fall. By building the energy transition into the tax code and incentivizing businesses and households to change their behaviors rather than compelling them to do so with more top-down spending initiatives, the Inflation Reduction Act is insulated from any quick-and-dirty policy corrections that may be desired by a new Congress or presidential administration, Brainard argued Friday.
-
McDonald’s is working to introduce a value meal in U.S. stores to help offset an increasingly challenging environment for consumers, two people familiar with the matter told CNBC. The people said the $5 meal could include four items: a McChicken or McDouble, four-piece chicken nuggets, fries and a drink. The value meal was first reported by Bloomberg News. The potential new offering comes at a time when low-income consumers are beginning to pull back on spending, particularly at fast-food brands. Mentions of low-income consumers on company earnings calls are at their highest levels in nearly two years, according to data...
-
Target is once again in hot water over its handling of its LGBTQ+ merchandise. The company announced Thursday that it will only offer its Pride Month collection online and in select stores. The move comes after Target faced criticism and calls for boycotts from conservatives last year over its related merchandise during Pride celebrations and into the holiday season. 01:00 Target's Comment On Kourtney Kardashian Photo Sparks Uproar By Kaitlin Lewis Night Reporter FOLLOW 2 Target is once again in hot water over its handling of its LGBTQ+ merchandise. The company announced Thursday that it will only offer its Pride...
-
Joe Biden’s X account on Friday was seen urging Americans to “support women’s sports” even as he continues to push transgender athletes into women’s sports. Biden has been attempting to force every school in the country to allow male students who “identify” as females to play on any girl’s sports team they want, yet in his May 10 post on X, Biden claimed that he wants to “grow women’s sports.” “As a nation, we need to support women’s sports by showing up in person and watching on TV – with more sponsorships and programming,” the message on his X feed...
-
The Biden administration hopes to dispense thousands of ID cards to migrants in the coming weeks as part of an effort to update the documentation that US government agencies provide illegal border-crossers. Immigration and Customs Enforcement is planning on a “limited rollout” of its Secure Docket Card program this summer that would see roughly 10,000 ID cards distributed to migrants in as many as four US cities, according to Fox News. Two potential locations are Houston and Atlanta, a source told the outlet. The program aims to “modernize documentation provided to some noncitizens,” according to ICE, which notes that the...
-
Amid a series of layoffs, tech companies are finding it increasingly difficult to sponsor foreign workers for employment-based green cards due to stringent labor rules designed to protect U.S. workers. The process, governed by the Program Electronic Review Management system, mandates job advertising to ensure U.S. workers are not adversely affected. However, President Joe Biden's administration is considering a green card rule change that could significantly alter this landscape. The proposed exemption could be applied to a broad range of tech occupations including, notably, software engineering -- which represents about 1.8 million U.S. positions, according to U.S. labor statistics data...
-
The U.N. has warned the world is teetering on the edge of a climate abyss and a Guardian survey affirms hundreds of the world’s climate experts agree with the globalist body, expecting global heating to pass the international target of 1.5C. The outlet contacted what it called “a series of leading climate figures” who have reacted to the findings and nodded their heads in agreement. They recount the “deep despair voiced by the scientists must be a renewed wake-up call for urgent and radical action to stop burning fossil fuels and save millions of lives and livelihoods.”
-
As a Breitbart New item described it, there’s been a “narrative collapse” on the left, because the open borders mass migration scheme embraced by the globalist politicians in the West “has not actually stimulated the economy” as they promised, and has also been found to be “a major drag on public services and the housing sector.”No kidding?Here are the details, from journalist Kurt Zindulka:While globalist advocates of mass migration argue that it increases tax revenues and lifts overall GDP, thereby giving governments talking points, on an individual basis there is a different story.According to data from the Organisation for Economic...
-
Traffic safety advocates cheered a new law allowing the Big Apple to lower speed limits on city streets to as low as 10 miles per hour. The legislation – deemed “Sammy’s Law” in memory of 12-year-old Sammy Cohen Eckstein who was fatally struck by a van near his Park Slope home in 2013 – passed as part of the state budget last month. “This is a joyous but bittersweet moment,” Cohen Eckstein’s mother, Amy Cohen, said as she appeared at a press conference Thursday in Manhattan with Gov. Kathy Hochul and New York City Mayor Eric Adams. “Sammy was fierce...
-
The rising problem of squatters illegally occupying people’s homes has become so obvious that even the mainstream media have recently been paying some attention to it, and lawmakers are beginning to take action.A survey by the National Rental Home Council found 1,200 homes in Atlanta alone have been taken over by squatters, News Channel 8 in Atlanta reports. Georgia enacted a law in late April to speed up evictions of squatters. “We will be watching this develop over the next year,” Atlanta’s Fox 5 TV channel stated.NBC Nightly News ran a national story on property owners’ difficulties in getting governments...
-
President Javier Milei entered office like Jack Nicholson breaking his way into the bathroom in "The Shining" — with an axe. Armed with emergency powers granted by the Argentine Congress, he balanced the country's out-of-control budget in one month, fired government workers by the thousands, eliminated more than 200,000 "corrupt" social welfare programs, and even cozied up to NATO. “There’s a lot more chainsaw" to come, Milei promised in March, and I momentarily almost became gay.The usual fearmongers mongered the usual fears.A few weeks ago, the New York Times ran an opinion piece — complete with a demonic-looking, high-contrast black-and-white...
-
Cathy R., 63, has a master's degree and has worked all her life, though she's very worried for her future. The clerical worker in Minnesota has struggled to rise up the ranks throughout her career. She said she's earning a salary similar to some entry-level positions despite nearly three decades in her current role. She's nervous that even though she's eligible for a pension in a few years, it won't supplement Social Security payments nearly enough to live comfortably. "I can't afford life while working. How can I even think of retiring?" the St. Paul, Minnesota resident said. ...Cathy grew...
-
President Biden claimed on Wednesday that inflation was at 9% when he entered the White House in January 2021, when, in fact, the consumer price index (CPI) was at a mere 1.4% at the time. "No president has had the run we’ve had in terms of creating jobs and bringing down inflation," Biden told CNN's Erin Burnett in an interview. "It was 9% when I came to office – 9%." It’s a notion Biden has alluded to before. In April, the president said: "Look, we have dramatically reduced inflation from 9% down to close to 3%. We’re in a situation...
-
Missouri Gov. Mike Parson (R) signed a bill Thursday that kicks Planned Parenthood in the state off Medicaid funding. The bill, which is expected to go into effect later this year, makes it unlawful for any public funds to be sent to any abortion facility or “any affiliate or associate of such abortion facility.” Missouri now joins Arkansas, Mississippi and Texas, according to Planned Parenthood, as states that have blocked the organization from receiving Medicaid funding.
-
Former Gov. Andrew Cuomo scored another win in his efforts to unravel the state’s new ethics commission, as part of an ongoing spat over his pandemic-era book deal. A mid-level appellate court upheld a lower court judge’s decision to scrap the Commission on Ethics and Lobbying in Government, COELIG, which had ordered the ex-gov to fork over proceeds from his pandemic era memoir. “The Legislature, though well-intentioned in its actions, violated the bedrock principles of separation of powers,” the five-judge panel wrote in its unanimous ruling. The former Governor, who stepped down in 2021 amid a wave of sexual harassment...
-
The high interest rates and crippling inflation brought to you by President Joe Biden’s disastrous economic policies mean young people are saddled with more credit card debt than previous generations. “Housing inflation has proven to be one of the stickiest components to drive up the cost of living, with rents outpacing salaries in all but six of the top 50 metropolitan areas,” reports Yahoo Finance. “Rising food prices and heavy student loan debt also factor in as young Americans are forced to tighten their belt by reducing expenses to their essentials.” Maybe these idiots should stop moving to metropolitan areas.
-
Disney World has quietly axed one of its classic characters from doing meet-and-greets at the park, which is a move that comes after the character was flagged internally for its controversial portrayal in films. Tinker Bell, a character from Disney's (DIS) 1953 "Peter Pan" movie, first disappeared from Disney World during the Covid pandemic, along with every other character, as closures shut down the entire resort. When the theme park reopened, Tinker Bell never returned, and now her signage has reportedly been removed from Town Square Theater at Magic Kingdom, the only location where she used to conduct meet-and-greets with...
|
|
|