Inflation Threatens to Disrupt Rate Cut Plans
A warning thread for Wall Street In the grand tapestry of economic indicators, producer price index (PPI) is often overlooked. But this month, the warp and woof of producer prices emerged in bold colors, painting a vivid picture of inflation rising like a phoenix from the ashes. index of Final demand producer prices rose by […]
Calif. Mayor Arreguin, who cut $10M from cops, now wants to fight crime
The woke mayor of Berkeley, California, who cut $10 million from the liberal bastion’s police budget in 2020, has suddenly changed his tune and is now trying to lead the charge against an alarming crime spike. “In Berkeley, my colleagues and I took $9,251,458 out of the Berkeley Police Department, or 12% of the department’s […]
Catholic symbols cut out of the OTHER Jesus-related Super Bowl ad
Since last Sunday’s Super Bowl XV, many on social media and elsewhere have been paying attention to the “He Gets Us” commercial, which seemed to go all in on social justice symbolism. Ta. But another Jesus-related Super Bowl commercial, promoting the Hello prayer app, appeared to have some important Catholic symbols removed, prompting at least […]
Morgan Stanley to reportedly cut hundreds of jobs in wealth management division
Morgan Stanley is reportedly cutting hundreds of bank jobs in its wealth management division as part of cost-cutting measures implemented by new Wall Street CEO Ted Pick. According to the Wall Street Journal, the company plans to cut executive directors and other non-customer-facing employees. The company was the first to report planned job cuts. The […]
Justin Fields whispers begin after Steelers cut Mitch Trubisky
Mitch Trubisky won’t be the competition for quarterback Kenny Pickett that the Steelers are looking for next training camp, but there are some interesting names that have surfaced that Pittsburgh could try to fill. That includes head coach Justin Fields. The Steelers waived Trubisky on Monday, the same day ESPN’s Adam Schefter also reported. Speaking […]
Steelers cut Mitch Trubisky as quarterback room gets thin heading into offseason
The Pittsburgh Steelers released three players on Monday after Super Bowl III, including quarterback Mitch Trubisky. NFL Network reported that the two sides discussed the current situation in Pittsburgh and that the 29-year-old quarterback has opted to get a fresh start in free agency. Offensive lineman Chukwuma Okorafor, who was with the team for six […]
“We want beer;” WM Phoenix Open fans chant as alcohol sales cut off, fans turned away
Every year, the PGA Tour descends on TPC Scottsdale for the WM Phoenix Open, or sometimes called the “People’s Open.” That’s because of the loud, noisy environment created by the infamous par-3 16th hole. In the “party hall,” patrons taunt and heckle golfers, the only time on tour where they are not only shunned but […]
Texas mother cut, tortured four children with knives
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Biden Threatens to Further Cut Deportations Unless Congress Funnels Billions to Border Crossers
President Joe Biden is threatening to further reduce deportations of illegal aliens, many of them border crossers, unless Congress approves billions of dollars in spending for the Department of Homeland Security (DHS). This will fund their release to the United States and the non-governmental organizations (NGOs) that support them. Please resettle them. White House press […]
Federal Reserve still hesitant to cut interest rates though inflation is nearly back to 2%
WASHINGTON (AP) — From Wall Street traders to auto dealers to home buyers, Americans are eager for the Federal Reserve to begin lowering interest rates and easing the burden on borrowers. The Fed is widely expected to do so, perhaps several times this year. Inflation rose at an annual rate of about 2% (the Fed’s […]