Current News
Prices are soaring and Americans aren’t happy about it. Don’t worry, says the Fed.
Americans aren’t happy about higher inflation and how much it’s costing them — but not to worry, the Federal Reserve says. Read More.
Wall Street’s New Fear Is That the Economy Has Already Peaked
Investment strategists are starting to consider a new bearish scenario: the economy has already hit its speed limit. Read More.
Stocks tumble as virus spread quickens, oil hits $67 level
Oil tumbles as OPEC, allies reach deal to raise production Read More.
Another College Cancels Student Debt
Another college has cancelled student debt. Read More.
The Grassroots Corner July 19, 2021
🇺🇸 The Grassroots Corner - Week Beginning 7/19/21: “Remembering Larry Walters” Read More.
EU puts on hold plans for digital tax
The European Union (EU) has ‘put on hold’ plans for a digital tax on technology giants like Amazon, Facebook and Google. The decision reportedly follows pressure from the United States, which believes the EU's levy has been made redundant by a separate agreement to reform the global tax system. The EU-wide tax plan is part of a bid to boost financial resources and pay for the post-COVID-19 recovery. Read More.
California legislature approves nation's first state-funded guaranteed income program
Gov. Gavin Newsom is expected to sign the bill Read More.
Mortgage rates experience ‘summer swoon’ as Fed maintains status quo
Benchmark mortgage rates continued their downward trajectory over the past week, following Federal Reserve Chair Jerome Powell’s indications to lawmakers that the central bank wasn’t changing up its strategy anytime soon. Read More.
The Chairman’s Report July 16, 2021
Dyane’s story is very upsetting and if you saw it in movie you would not believe that it was even logical. After all, how could the government be this careless and vindictive—and why?
Read More.
ProPublica Doesn't Get the Tax Code, So Stirs Up Non-Existent Problems
Progressive news organization ProPublica has made a great deal of hay recently by pretending that public, widely-known, and intentional elements of the tax code are secret loopholes for the rich. Read More.
Leaked JPMorgan Report Reveals Extreme Bitcoin Price Volatility Warning As Ethereum Crash Adds To $100 Billion Crypto Rout
Bitcoin has swung wildly through 2021, falling along with the second-largest cryptocurrency ethereum after huge runs and dashing hopes that growing adoption among retail investors and institutions would bring stability to roller coaster crypto markets. Read More.
After ‘Black Widow’ fails to lift AMC stock, retail traders are trying to become their own ‘Avengers’
Retail traders on social media are trying on Wednesday what even Natasha Romanoff, aka the “Black Widow”, couldn’t do on Monday or Tuesday: lift the share price of AMC Entertainment AMC, -10.00%. Read More.
Global Tax Deal Heads Down Perilous Path in Congress
Business groups urge delay as U.S. lawmakers prepare for complex two-step process Read More.
Americans' inflation fears reach another high as consumer prices surge
Inflation expectations surge as consumer prices continue to rise Read More.
EXCLUSIVE GM turns to supplier to build initial EV vans while it readies plant in Canada -sources
DETROIT, July 12 (Reuters) - General Motors Co (GM.N) is turning to a German parts supplier to make the initial, small production run of its new electric commercial van in a move to get the vehicle quickly into the hands of customer Fedex(FDX.N), three people familiar with the matter said.
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