Investment Firm Backed By Top American Universities Partners With ‘Socialist’ China-Backed Fund
Hillhouse Capital – a private equity firm funded by America’s top universities and is invested in companies including Zoom and Apple – struck a...
S&P 500 Tumbles Into Bear Market—Here’s What You Need to Know
Benchmark stock market index fell into bear market. S&P 500, comprised of Apple, Berkshire Hathaway, and Tesla Motors, tumbled nearly 22%.
IRS Accused of Backdating Penalty Approvals in Crackdown on Conservation Easement Tax Breaks
Court filings show IRS has been accused by 3 Georgia businesses of backdating proposed penalty approvals for improperly claimed tax breaks on conservation deals.
The Bud Light Boycott Appears to Be Working
Bud Light’s sales declined in first week of conservative-led boycott of brand after it partnered with transgender activist Dylan Mulvaney, according to analysis.
Conservative Entrepreneurs Step Up to Serve Customers Alienated by Woke Corporations
As corporations increasingly take up progressive political causes like racial equity and climate change, some watch with despair or disdain. Conservative entrepreneurs see a...
Dow Jones Plunges 1,000 Points Amid Global Market Selloff
The Dow Jones Industrial Average dropped 1,033.99 to close at 38,703, while the Nasdaq Composite lost 3.43% and closed at 16,200. The S&P 500 slid by 3%.
Bitcoiners Criticize House Democrats’ Letter to EPA
Dorsey, Scaramucci, Saylor, and high-profile Bitcoiners cosigned letter to EPA challenging House Dems’ claims cryptocurrency threatens environment.
Pfizer Slashes Profit Estimates, Says Vaccine Sales ‘Much Lower’
Pharmaceutical giant Pfizer slashed its profit and revenue estimates for a full year saying the demand for COVID-19 vaccines and other products has dropped.
Fed Raises Interest Rates for First Time Since 2018 to Fight Inflation
Fed officials project six more rate increases this year
For the first time since 2018, the Federal Reserve raised its benchmark interest rate by 25 basis points,...
Top Wall Street Executives Say Inflation Could Be Worse Than Predicted
Two of Wall Street’s top CEOs have differing views on inflation, but both diverge from the Federal Reserve’s predictions that price increases are transitory and will...
Fed Officials Tweak ‘Transitory’ Inflation Narrative, Vow Action If Price Pressures Stay Too High
New documents detailing closed-door discussions at the most recent Federal Reserve policy meeting show officials softening their “transitory” view of inflation, acknowledging the recent bout of higher...
Ex-Facebook DEI Manager Stole More Than $4 Million in ‘Elaborate’ Criminal Scheme
A former DEI executive at Facebook abused her position to devise an elaborate scheme of fake vendors and fraudulent invoices to steal millions of dollars.
