Financial News

Former President Trump has filed a lawsuit against New York Attorney General Letitia James whom he is alleging is on a “crusade” to harm him. The 41-page lawsuit which was filed in Florida’s fifteenth Judicial Circuit Court is an attempt to stop James from infringing on Trump’s personal and business life. The attorney general has recently been looking to appoint ...

Sen. Lindsey Graham, R-S.C. has said that he is confident that the GOP will manage to gain control of both the House and Senate in the midterm elections. Graham discussed the upcoming elections with Ainsley Earhardt on “Fox & Friends”. Graham said that he believed they would manage to get at least 25 pickups in the house. He said that ...

An Election tracker by CBS News/ YouGov has shown that the majority of Americans are not happy with the country’s direction and are blaming President Joe Biden for the state of the economy. The poll which was released on Sunday shows that the momentum that had been building for the Democrats appears to be dwindling as the Democrats are trying ...

The Biden administration awarded $41 million in taxpayer-backed government contracts to a new nonprofit organization that is working with illegal immigrants to fight deportation. The Acacia Center for Justice, a Washington, D.C.,-based nonprofit, has currently taken six “legal services” contracts from the Department of Justice. According to the records, the contracts started on Sept. 1. The contracts are worth millions ...

Recipients of Social Security may receive the biggest cost-of-living adjustment (COLA) in 40 years causing check recipients to receive a nice “raise” next year. On Tuesday, the Senior Citizens League, a group that lobbies for seniors, released inflation figures for August, noting the diminishing buying power of retired Americans. American’s inflation is at an 8.3% annual rate as of August ...

Rep. Alexandria Ocasio-Cortez (D-NY) spokeswoman has openly admitted that she is breaching the congressional financial disclosure rules. Ocasio-Cortez who was supposed to report her 2021 finances to the House Ethics committee on Aug. 13 has not yet done so. Eleven days later and the public does not have a clear idea of Ocasio-Cortez’s financial status. According to her spokeswoman, Ocasio- ...

Billionaire “space tycoons” Elon Musk and Jeff Bezos do not concur on much; in fact, they are generally at odds, tossing barbs at one another. However, in an unusual moment of agreement, they both blame the government and specifically Joe Biden, for the country’s rampant inflation! The two usually combative CEOs are in lockstep in pointing the finger of blame ...

Pending home sales unexpectedly fell in the month of November as homebuyers were hesitant to buy due to higher prices. The National Association of Realtors’ pending home sales index, which tracks the number of homes that are under contract to be sold, slipped 2.2% to 122.4 in November on a monthly basis. The latest reading came in short of the 0.5% ...

In some ways, we sympathize with Neel Kashkari’s fake “concern” about the unprecedented wealth inequality that has emerged in the US in recent years and which has resulted in a slow, methodical and relentless destruction of the US middle class … or rather make that precedented because there was another time when the top 0.1% had amassed as much wealth and it was ...

As economic woes deepen across the globe from breaks in the supply chain, rising inflation rates and debt defaults, the one thing leaders from around the world seem to agree on is that there should be a global minimum tax rate for all wealthy companies to pay their fair share back to the people and governments that they serve.  Looking ...