Wealthier Americans are driving retail spending and powering US economy
This is a trend that surprises many. Why do Americans continue to spend at a brisk pace in retail stores and restaurants, despite the pressure of high prices? One of the main reasons is relatively simple. That's because wealthier consumers are increasingly driving spending, driven by significant increases in income, home equity, and stock market […]
Top University’s $250 Million DEI Spending Spree Reportedly Created ‘Culture Of Grievance’ On Campus
The University of Michigan (UM) has spent approximately $250 million on diversity, equity, and inclusion (DEI) initiatives since 2016, leading to high tensions among students and faculty on campus. The New York Times reported on Wednesday. UM initially committed $85 million to launch a new DEI push in 2016 and has spent more than $18 […]
Holiday spending projected to surpass $979B
Telsey Advisory Group CEO Dana Telsey shares her thoughts on the retail industry and consumer behavior on Barron's Roundtable. The National Retail Federation (NRF) predicted that holiday spending will rise to a new record this year, totaling $979.5 billion to $989 billion, as consumers lean toward e-commerce. This reflects growth of ~3.5%, the slowest pace […]
Ted Cruz rages at Mitch McConnell over lack of spending on his reelection bid
The Lone Star State senator doesn't want to be alone. Sen. Ted Cruz (R-Texas) criticized the Senate Minority Leader and expressed frustration at the lack of support from the Senate Leadership Fund, which is aligned with Mitch McConnell. “Unfortunately, no, we don't have a penny,” Cruz said. ventilated When asked on Fox News' “Life Liberty […]
Top House committee launches probe into Biden admin ‘priorities’ on FEMA hurricane relief, migrant spending
Fox's first appearance: Republicans on the House Homeland Security Committee are examining the Department of Homeland Security's “priorities” for funding requests from Congress as controversy continues over spending on illegal immigration and disaster relief. “The Committee on Homeland Security…is investigating.” [DHS’] We prioritize the ability to respond appropriately to natural disasters,” the committee members said […]
EXCLUSIVE: Congress Froze $1.5 Million For Foreign LGBTQ Initiatives — But Biden-Harris Admin Is Spending It Anyways
The Biden-Harris administration plans to bypass Congress and funnel well over $1 million in taxpayer money to LGBTQ initiatives in Latin America, a Daily Caller News Foundation investigation has found. The United States Agency for International Development (USAID) spends billions of dollars each year providing aid to various countries around the world in order to […]
Milei Blocks ‘Irresponsible’ University Spending Bonanza, Prompting Leftist Riots
Argentine lawmakers on Wednesday voted to uphold President Javier Millay's veto of a controversial university financing bill that the government accused of jeopardizing its balanced budget and economic recovery goals. Milley's veto was upheld because the motion did not receive the two-thirds majority needed to pass in the House of Commons (85 in favor, 159 […]
Democrats Cover Up Reckless Spending to Play Politics with FEMA Relief
Democrats and the establishment media have made it clear that FEMA has all the money it needs, and FEMA's response to Hurricane Helen has been He blames the failure on Republicans who opposed the lame-duck spending bill. Kamala Harris' campaign has been at the forefront of criticizing Republicans for voting against a September funding bill […]
We Need to End FEMA Migrant Spending and Boost Disaster Relief Funding
On Wednesday's broadcast of Fox News Channel's “The Ingraham Angle,” Rep. Anna Paulina Luna (R-Florida) said FEMA funding for immigrants should be immediately zeroed out and FEMA funding for hurricane victims should be reduced to zero. We also said that while there is funding for FEMA, we should increase FEMA funding. Emergency relief funds “will […]
Reeves mulling national insurance on employer pension contributions | Tax and spending
Rachel Reeves is considering introducing national insurance for employer pension contributions as a way to increase revenue for the budget. Treasury officials are considering the possibility of a levy, with experts saying it could raise up to £17bn for the Exchequer. Labor's manifesto includes a pledge not to raise national insurance as part of “tax […]