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Global Recession Looming as China Shuts Down Supply Lines

China is using its new Covid lockdowns to slow down supply lines to the United States, according to one analyst.

The Government Could Stop Inflation Within a Year. Instead, Expect Things to Get Worse

Know-nothing pundits and politicians have been communicating to Americans that inflation is, like the weather, a mystery they can’t control.

Us Resumes Oil, Gas Drilling on Federal Lands, With Increased Oil Royalty Rate

The Biden administration on Friday said it has resumed plans to facilitate oil and gas drilling on federal lands, but that it would offer...

Watchdog Warns States Blowing ‘Budget Surpluses’ on Wants Not Needs

In spring 2020, state and local governments were confronted with cascading costs in managing the public health response to the pandemic, spiking unemployment, and steep sales tax and user fee revenue declines resulting from business disruption and restrictions.

Twitter Takes ‘Poison Pill’ Plan to Fight Elon Musk’s Takeover

The board of Twitter voted unanimously to enact a "poison bill" measure to retain control of the company.

Macron Considers ‘Dismantling’ American Social Media Platforms

French president wants to ban online anonymity.

Conservative Shareholders Target ‘Woke’ Corporate Boards

Conservative investors are becoming shareholder activists to battle what they call the “woke” gender and race policies of America’s corporate boardrooms.

Russian Subscribers Sue Netflix for Suspending Service

Russian customers of the U.S. streaming service Netflix have filed a class action lawsuit against the streaming service provider because Netflix has breached its contract with its subscribers to leave the Russian market and make its service unavailable to viewers.

U.S. Wages Crash by Almost 3%

Americans’ wages have dropped by almost 3 percent under President Joe Biden’s high migration, big-spending policies, according to data presented by one of President Barack Obama’s top economists.

Wholesale Inflation Soars at 11.2% Rate in March, Largest Gain on Record

Wholesale inflation rose 11.2% annually in March, driven largely by an increase in the price of gasoline, the Bureau of Labor Statistics reported on Wednesday.

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