Twitter has accepted an offer by Elon Musk, the world’s richest person, to purchase the company for approximately $44 billion, it was announced on Monday. Musk vows to uphold free speech on the platform. Elon Musk buys Twitter, promises to uphold free speech It’s official, Elon Musk is buying Twitter
In the final tally, US inflation rose to 7% in 2021 — a 39-year high — while compounding the matter is the supply chain issue leading to shortages, as the Federal Reserve is expected to hike interest rates sooner than projected. Inflation Reaches 7%, Highest Level Since 1982 Over the
Adding to the pain the price of gasoline is giving your pocketbook, inflation has prompted one major corporation with a massive array of food brands to hike its prices by a whopping 20 percent beginning next year. General Mills will raise prices on 100s of popular food items by 20%
A nonpartisan Tax Policy Center report found that Biden’s Build Back Better spending bill will raise taxes on up to 30 percent of the middle-class, as well as increases for low-income families. Will your taxes go up? Biden’s “no new taxes” on middle-class pledge In an interview on ABC on
The director of the United Nations’ World Food Program says that a fraction of the net worth of a small group of ultra-wealthy individuals on a one-time basis could help solve world hunger – “it’s not complicated.” A fraction of Elon Musk’s and Jeff Bezos’ wealth with a one-time donation
According to the Treasury Department, the wealthiest Americans, the top 1%, fail to pay an estimated $163 billion every year in taxes, roughly 28% of all lost tax revenue, the Treasury Department, in a post defending Biden’s tax plan. Treasury says wealthiest Americans dodging $163 billion in taxes a year
A group of progressive Democrats in Congress have proposed a new bill that would provide guaranteed, ongoing $1,200 monthly stimulus checks for adults, undocumented immigrants, and $600 for each child in the household. Bill proposed for stimulus payments to all Americans, qualifying undocumented immigrants Progressive Democrats in Congress are introducing
They are among the wealthiest companies on the planet, but they pay some full-time workers such low wages these employees have to seek federal and state programs that come out of taxpayers’ pockets. Richest companies don’t pay a living wage, so taxpayers foot the difference Some of the wealthiest and
As prices climbed for the third straight month, reaching 5.4 percent year-over-year, inflation has reached a 13-year high as every aspect of American life gets more expensive, from food to clothing to travel and more. Inflation rises to top 13-year record The Bureau of Labor Statistics released its latest statistics
President Joe Biden is getting skewered after the White House bragged the cost of a July 4th cookout is down a whole sixteen cents since last year, politicians quickly ripped him for gasoline and everything else skyrocketing. White House embarrassingly brags cookouts down by 16 cents, ignoring that everything else
