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Business/Economy (General/Chat)

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  • Dems push Biden to act on food prices with inflation ranking as top issue ahead of election

    05/15/2024 2:38:04 AM PDT · by Libloather · 18 replies
    Fox News ^ | 5/14/24 | Julia Johnson
    Dozens of Democratic lawmakers signed a letter to President Biden, pleading with him to act on high grocery prices that have been slow to fall as inflation has come down. Sen. Elizabeth Warren, D-Mass., led the letter Monday morning, calling on Biden to "exercise your executive authority to take additional action to address rising food prices without congressional action." The letter amassed 40 Democratic signatories between the House and Senate, including senators Bernie Sanders, I-Vt., and Richard Blumenthal, D-Conn., and representatives Ilhan Omar, D-Minn., Alexandria Ocasio-Cortez, D-N.Y., and Rashida Tlaib, D-Mich., among others. The lawmakers acknowledged "Americans are facing sky-high...
  • Warren Buffett Sold Apple and Paramount. Here’s What He’s Buying Instead.

    05/14/2024 9:04:09 PM PDT · by SeekAndFind · 7 replies
    Warren Buffett hasn’t found a lot to like in the stock market recently.In each of the last six quarters, Buffett has sold more stocks for Berkshire Hathaway (BRK.A) (BRK.B) than he bought. Last quarter, he sold off a big chunk of his Apple (NASDAQ: AAPL) position and the entirety of his Paramount Global (NASDAQ: PARA) investment. All told, he sold nearly $20 billion worth of stocks from Berkshire’s portfolio, and he bought less than $3 billion.Buffett lamented investment opportunities for Berkshire are few and far between as the company grows bigger. With a market cap of about $877 billion, there...
  • The Worst Economy to Ever Exist: Zimbabwe

    05/14/2024 1:21:27 PM PDT · by Eleutheria5 · 23 replies
    – Contents of this video -------------------------------- 00:00 - The Broken Economy 03:12 - Company Property 06:40 - Rich but Not For All 09:25 - The Breadbasket of Africa 11:25 - Gukurahundi 13:26 - Buying Support 17:21 - How to Destroy an Economy 22:13 - Hyperinflation 25:50 - The Perpetual Crisis
  • Europe's Secret Third World Country

    05/14/2024 12:44:17 PM PDT · by Eleutheria5 · 9 replies
    Casual Scholar ^ | 31/10/23
    How Moldova Became the poorest country on the wealthiest continent. – Contents of this video ---------------------------- 00:00 - A Kidney for Fuel 04:19 - The Crossroads of Empires 07:39 - The Empire's Orchard 13:52 - Transition to Destitution 25:50 - Grand Theft Moldova
  • NATIONAL BUTTERMILK BISCUIT DAY | May 14

    05/14/2024 9:14:25 AM PDT · by Red Badger · 13 replies
    National Day Calendar ^ | May 14, 2024 | Staff
    NATIONAL BUTTERMILK BISCUIT DAY | May 14 May 14th ushers in National Buttermilk Biscuit Day to celebrate this high-rising breakfast staple. #ButtermilkBiscuitDay Biscuits are made using baking powder or baking soda as a leavening agent rather than yeast. A typicalbuttermilk biscuit recipe contains flour, baking powder, baking soda, salt, butter, and buttermilk. They are often referred to as a “quick bread,” indicating they do not need time to rise before baking. While being made, the dough is beaten and folded to incorporate air, which expands while baking, causing the biscuit to rise. Before the American Civil War, biscuits emerged as...
  • A “Restaurant Apocalypse” Is Starting to Sweep Across America, and That Is Really Bad News for the U.S. Economy

    05/14/2024 8:40:24 AM PDT · by Red Badger · 88 replies
    Discern Report ^ | May 14, 2024 | Michael Snyder
    (The Economic Collapse Blog)—You can get a really good idea how the U.S. economy is doing by watching restaurants in your area. When the economy is booming, restaurant parking lots are full and chains are feverishly establishing new locations. But when the economy is struggling, restaurants get a lot less traffic and poor performing locations get shut down. Sadly, in 2024 it appears that a “restaurant apocalypse” has started to sweep across America. Most people have very little discretionary income to spend as a result of our cost of living crisis, and that is particularly true for our young adults....
  • Find a Red Lobster Auction Near You

    05/14/2024 8:22:38 AM PDT · by Red Badger · 45 replies
    www.tagexbrands.com ^ | May 13, 2024 | Staff
    As of today, select Red Lobster locations are CLOSED. On our Restaurant Equipment marketplace, we are auctioning off 50+ locations across the country. These auctions are WINNER TAKES ALL – meaning, each winner will receive the ENTIRE contents of the Red Lobster location they bid on. Auctions are live and will end periodically on Thursday, May 16, 2024. LIST AT LINK....................
  • Goodbye, Camaro

    05/14/2024 7:07:35 AM PDT · by Red Badger · 76 replies
    Eric Peters Autos ^ | May 14, 2024 | Staff
    Sixty years ago, Ford unveiled the Mustang – and it changed everything. Prior to 1964 – the year of the first Mustang’s debut – there was no such thing as a “pony car.” Soon, there were so many of them it was hard to keep track of them. One of them was the Chevy Camaro, which appeared just in time for the 1967 model year. Its time has just run out because GM has pulled the plug – because GM knows a Camaro with a plug is as oxymoronic as Elvis without the voice (and the presence). In a backhanded...
  • Tuesday War Room, 10AM-Noon & 5-7PM ET

    05/14/2024 6:46:08 AM PDT · by 4Liberty · 5 replies
    America’s Voice News ^ | 05/14/2024 | Stephen K. Bannon
    PM 4Liberty, if you want On/Off this listhttps://pluto.tv/live-tv/americas-voicehttps://americasvoice.news/Tune in via Roku/AppleTV/AmazonFire with the America’s Voice App https://americasvoice.appLIVE STREAM all Bannon shows & find past episodes here: https://rumble.com/c/BannonsWarRoom | https://americasvoice.news/playlists/the-war-room/
  • The Biden Anti-American Legacy

    05/14/2024 3:43:17 AM PDT · by MtnClimber · 11 replies
    American Thinker ^ | 14 May, 2024 | Allan J. Feifer
    Biden’s legacy will be unique in American history, for no president will ever have left America in such terrible shape. Never before has an American president been so physically unstable that he needs an accompanying entourage wherever he walks. That shakiness is a visual metaphor of Biden’s presidency. He represents a departure from previous presidents in being the only president who leaves voters doubting whether he is actually in charge and wondering why a frail 81-year-old, broadly despised man is being pushed to run again, even as most don’t believe he’s capable of completing that term if elected. Biden came...
  • Volcanic ash proves cheap and highly effective for solar energy storage

    05/14/2024 2:27:30 AM PDT · by Jonty30 · 39 replies
    www.newatlas.com ^ | May 14, 2024 | Loz Blain
    It's rarely great news when an area gets blanketed in volcanic ash – but University of Barcelona researchers have discovered it has a rare combination of useful properties, which make it remarkably useful as an energy storage medium. We've written a number of times about super-cheap thermal energy storage, and a number of other times about highly efficient heat batteries operating at super-high temperatures. The cheapest of these 'brick toasters' use the most abundant of materials, and the most efficient can handle extraordinarily high temperatures using materials like liquid tin and carbon materials – but volcanic ash, as it turns...
  • Amended Complaint Alleges V.I. Officials Conspired with Epstein for Financial Gain

    05/14/2024 1:27:06 AM PDT · by Libloather
    St. Thomas Source ^ | 5/11/24 | Siân Cobb
    A second amended complaint filed Friday in Manhattan federal court by six victims of Jeffrey Epstein who are suing the V.I. government for alleged violations of the Trafficking Victims Protection Act claims territory officials actively conspired with the late multimillionaire to perpetuate his sex-trafficking scheme for their own gain. In effect, the U.S. Virgin Islands became “a government-sanctioned sanctuary” for wealthy men who paid Epstein “substantial” sums of money to travel from New York to engage in commercial sex acts with women also traveling from that state, the amended suit alleges. Epstein would then deposit the funds in his New...
  • More co-defendants file appeals to have Fani Willis removed from GA election interference case

    05/14/2024 1:06:39 AM PDT · by Libloather · 3 replies
    WSBTV ^ | 5/13/24 | Scott Flynn
    ATLANTA — Several other co-defendants in the Georgia election interference case have filed their own appeals over the ruling that allowed the Fulton County District Attorney to stay on the case and are asking that Fani Willis be removed from the case. Mark Meadows, Rudy Giuliani, Cathy Latham, and Michael Roman all filed appeals Monday in the case. They now join former President Donald Trump and former Georgia GOP head David Shafer in appealing the ruling. Fulton County Superior Court Judge Scott McAfee ruled that Willis could stay on the case if former special prosecutor Nathan Wade stepped down after...
  • Billionaire Peter Thiel bankrolling ‘Olympics on steroids’ event that allows athletes to dope

    05/13/2024 6:59:39 PM PDT · by DallasBiff · 11 replies
    NY Post ^ | 2/1/24 | Ariel Zuber
    Silicon Valley billionaire Peter Thiel is throwing his financial muscle behind an “Olympics on steroids” — whose organizer boasts that athletes will dope “out in the open and honestly.” Thiel, who made his fortune as an early investor in tech startups like PayPal and Facebook, is backing the Enhanced Games, which will actively encourage athletes to use performance-enhancing drugs. The venture — aimed at aiding research into nutritional supplements and biohacks that push the boundaries of human performance — is the brainchild of Dr. Aron D’Souza, a lawyer by training who famously conceived Thiel’s lawsuit against Gawker Media. He plans...
  • After Miss Teen USA Stepped Down, the Runner-Up Says She Doesn’t Want the Crown Either

    05/13/2024 6:21:44 PM PDT · by nickcarraway · 36 replies
    New York Post ^ | May 13, 2024 | Jeanette Settembre
    After Miss Teen USA, UmaSofia Srivastava, stepped down last week, the runner-up — Miss Teen New York, Stephanie Skinner — told The Post that she doesn’t want the crown either. “I ultimately came to the decision to decline it,” Skinner, 19 and from New Hartford, New York, said. “I didn’t feel like it was the right decision considering all the circumstances.” Over the past week both Srivastava, 17, and Miss USA, 24-year-old Noelia Voigt, abdicated their titles, while Miss USA Organization social media manager Claudia Michelle also resigned from her post. Sources told The Post that the women had been...
  • Harris reflects on breaking down barriers: Sometimes ‘you need to kick that f***ing door down’ to accomplish your dreams

    05/13/2024 3:59:38 PM PDT · by Libloather · 52 replies
    CNN ^ | 5/13/24 | Donald Judd, Michael Williams
    Washington CNN — Vice President Kamala Harris on Monday reflected on her experiences as a barrier-breaking public figure, telling a crowd in blunt terms that sometimes they need to take it upon themselves strive for their own opportunities and successes – even if others may doubt them. “We have to know that sometimes people will open the door for you and leave it open,” Harris said in a moderated conversation with actor and comedian Jimmy O. Yang in Washington. “Sometimes they won’t – and then you need to kick that f***ing door down,” she added, to applause and laughter from...
  • US plans to impose new major tariffs on Chinese EVs, equipment

    05/13/2024 1:21:23 PM PDT · by Red Badger · 10 replies
    Daily Sahbah ^ | May 13, 2024 | Staff
    This photo shows BYD electric cars awaiting to be loaded onto a ship at the international container terminal of Taicang Port at Suzhou Port, eastern Jiangsu Province, China, Sept. 11, 2023. (AFP Photo) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Biden administration is reportedly set to impose major new tariffs on electric vehicles (EVs), semiconductors, solar equipment and medical supplies imported from China, according to a U.S. official and another person familiar with the plan. Tariffs on electric vehicles, in particular, could quadruple from the existing 25% to 100%. The people described the plan on condition of anonymity because they were not authorized to provide...
  • Meet the Little Chinese Car Threatening a ‘Bloodbath’ for U.S. Auto Industry

    05/13/2024 1:06:56 PM PDT · by Red Badger · 100 replies
    Headline USA ^ | May 13, 2024 | Staff
    <p>'Any car company that’s not paying attention to them as a competitor is going to be lost when they hit their market. BYD’s entry into the U.S. market isn’t an if. It's a when....'</p><p>The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China, but drives well and is put together with craftsmanship that rivals U.S.-made electric vehicles that cost three times as much. A shorter-range version costs under $10,000.</p>
  • Are weight-loss meds the next wonder drugs?

    05/13/2024 12:18:35 PM PDT · by Red Badger · 18 replies
    FreeThink ^ | May 13, 2024 | Kristin Houser
    GLP-1 agonists may be able to treat addiction, prevent Alzheimer’s, and more. This article is an installment of Future Explored, a weekly guide to world-changing technology. You can get stories like this one straight to your inbox by subscribing here. If the COVID-19 vaccines were the most significant FDA approvals of the 2020s so far, GLP-1 agonists to treat obesity are a strong runner up. Though these drugs have been used to treat type 2 diabetes for nearly two decades, it wasn’t until 2021 that the FDA approved one of them — Novo Nordisk’s Wegovy (semaglutide) — as a treatment...
  • MSNBC Panel Can’t ‘Make Sense’ Of New Poll Showing Americans Think Biden Is Bigger Threat To Democracy

    05/13/2024 11:45:13 AM PDT · by Red Badger · 29 replies
    Daily Caller ^ | May 8, 2024 | NICOLE SILVERIO - MEDIA REPORTER
    An MSNBC panel grew bewildered at a poll indicating independent voters find President Joe Biden to be a bigger threat to democracy than former President Donald Trump. A PBS Newshour/NPR/Marist poll found 53% of independents believe Biden’s second term will “weaken America,” while 42% believed Trump would further harm democracy. “I find it shocking, honestly,” MSNBC political analyst Susan Del Percio said. “I can’t make sense of that number. I wish I could. I wish I could have some really great insight to it, but I don’t know if it’s an outlier or not, because the other numbers of independents...