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Is the American Consumer Tapped Out? Credit Card Borrowing Tanked in March
(Mike Maharrey, Money Metals News Service) Have Americans finally maxed out their credit cards? It looks like they may have and that’s bad news for an economy that has run on credit cards for the last year. According to the latest data released by the Federal Reserve, revolving credit cratered in March. Meanwhile, non-revolving credit…
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Gold Up 4 Percent in April Despite Headwinds
(Mike Maharrey, Money Metals News Service) Gold was up 4 percent in April, despite some profit-taking, along with headwinds from a strong dollar and waning hope for an interest rate cut. Gold hit a new all-time high of 2,431 in April, but pulled back later in the month as hopes the Federal Reserve would cut…
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FACT CHECK: Viral Biden Snub from Kentucky Derby Winner Sadly Debunked
(Ben Sellers, Headline USA) Several social-media accounts on TikTok and Twitter sought to capitalize on the underdog success story of Kentucky Derby winner Mystik Dan and his jockey, Brian Hernandez Jr., in what appeared to be a too-good-to-be-true swipe at President Joe Biden. Unfortunately, that’s because it was. Good for him. pic.twitter.com/WUL9Z9n2Iy — BRIAN FRASER…
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Barron Trump Chosen as Fla. Delegate for Republican National Convention
(Molly Bruns, Headline USA) Barron Trump, youngest son of former President Donald Trump, joined the lineup of Florida delegates for the state’s Republican Party, according to NBC News. This will be the 18-year-old Barron’s introductory foray into the political fray as he follows in the footsteps of his older brothers, Eric Trump and Donald Trump Jr.,…
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Rep. Miller: BLS is Cooking Jobs Reports to Make Biden’s Economy Look Better
(Ken Silva, Headline USA) Last Friday’s Bureau of Labor Statistics employment report showed that U.S. employers added some 175,000 jobs in April. But while April’s numbers captured most of the headlines, the same jobs report also contained downward revisions for earlier this year, with the BLS admitting that “employment in February and March combined is…
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Kemp Signs New Laws Strengthening Ga.’s Election Integrity Reforms
(T.A. DeFeo, The Center Square) Georgia Gov. Brian Kemp signed an election reform measure that supporters hoped would close many of the loopholes exploited during the notorious 2020 race, even as evidence from a state hearing confirmed that foul play likely delivered the results of that race to Democrat Joe Biden. Yet, with feckless and…
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Abbott Tells Texas Schools to Disregard Biden’s Gender-Bending Title IX Rewrite
(Bethany Blankley, The Center Square) Gov. Greg Abbott on Wednesday directed the Texas public university systems and community colleges to not comply with a new rule change implemented by the Biden administration related to Title IX. “Last week, I instructed the Texas Education Agency to ignore President Biden’s illegal dictate of Title IX,” Abbott wrote…
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5th J6er Commits Suicide | Headline USA
(Ken Silva, Headline USA) David Kennedy Homol, 55, of Umatilla, Florida, has reportedly killed himself on the heels of being charged with participating in the Jan. 6, 2021, Capitol Hill uprising. Hill was arrested in January on eight charges, including assaulting police, obstructing law enforcement during a civil disorder, engaging in physical violence in a…
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NPR Bias Comes Under Fire in House Hearing as Dems Insist It Is ‘Objective
(Bethany Blankley, The Center Square) House Republicans and Democrats sparred Wednesday over press freedom in a hearing held to investigate “ideological bias” and “viewpoint discrimination” of a taxpayer-funded media outlet, National Public Radio. The House Energy & Commerce Committee’s Oversight and Investigations Subcommittee held the hearing in response to allegations raised about NPR by a…
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Fla. Judge: Setting Trial Date in Classified Docs Case Would Be ‘Imprudent’
() Judge Aileen Cannon said it would be “imprudent” to set another trial date in former President Donald Trump’s classified documents case until a number of pre-trial issues could be settled. Cannon had previously set the trial to begin May 20, but that date became untenable. On Tuesday, Cannon vacated the May 20 date and…
