Author: Ben Zeisloft

United States Enters Housing Recession

Confidence among home builders fell for the eighth consecutive month, indicating that the United States has entered a housing recession, according to a Monday release from the National Association of Home Builders. The group’s Housing Market Index fell by six points in August to 49, marking the first time since the spring of 2020 that …

Here’s How Much Biden’s Twice-As-Large IRS Could Take From The Middle Class

An expansion of the Internal Revenue Service (IRS) by the Inflation Reduction Act threatens to reap $20 billion from small businesses and middle-income Americans, according to a preliminary assessment last week from the Congressional Budget Office. The $740 billion legislation, which currently awaits a signature from President Joe Biden after passing both the House of …

Biden’s Inflation Bill Made $7,500 Electric Vehicle Tax Credits. Ford And GM Just Raised Their Prices By The Same Amount.

As the Democrats force Americans to go green, automakers are going even greener. Ford and General Motors unveiled price increases for their electric vehicle lineups as the Inflation Reduction Act — which includes electric vehicle tax credits — is slated to become law. Citing “significant material cost increases and other factors,” Ford’s announcement revealed price …

Huge Portion Of Millennial Workers Want To Ditch Employer For Not Supporting Abortion Loudly Enough

Young professionals want their employers to publicly voice support for abortion or help staff obtain them, according to a new poll. A national survey of workers conducted by Lean In — a left-leaning nonprofit launched by former Meta executive Sheryl Sandberg — indicated that 34% of employees under the age of 40 are “considering switching …

Here’s How Much Inflation Is Costing You Each Month

Inflation cost the typical American household over $700 last month, according to a Wednesday analysis from Republican members of the Joint Committee on Taxation. According to the Bureau of Labor Statistics, year-over-year inflation reached 8.5% in July, with the slight moderation from the 9.1% reading in June driven by lower prices at the pump — …

Big Pharma Stocks Plummet Amid Legal Issues Over Key Medication

Pharmaceutical companies have lost tens of billions in stock market value this week ahead of a trial regarding the heartburn drug Zantac. The Food and Drug Administration (FDA) announced in 2019 that Zantac, the brand name for the medication ranitidine, contains low levels of a carcinogenic substance called NDMA. GlaxoSmithKline — the British pharmaceutical company …