News Syndicates

Commentary As an investor, it’s very easy to look at the current environment and shake one’s head. There’s a tremendous amount of headwinds. Given the volumes of headlines involving inflation, the debt ceiling, incompetence in Washington, geopolitical risks, China, etc., some investors may just give up and stash away their cash. But that could prove to be rather short-sighted. If...

California and New York lawmakers have proposed bills to ban five toxic chemical food additives linked to cancer and behavioral and developmental issues in children. Jesse Gabriel (D-Woodland Hills), and Buffy Wicks (D-Sacramento), both members of the California Assembly, proposed Assembly Bill AB 418 in February. The bill is co-sponsored by Consumer Reports and the Environmental Working Group (EWG). The bill was approved, then...

Efforts to overturn vaccine mandates for both hospital patients and healthcare workers appear to be gaining momentum across the U.S. In what is seen as a major victory for transplant patients who did not take the COVID vaccine, one of the largest transplant centers in the U.S. reversed its policy to require the jab in order to be eligible for...

Australian Treasurers Jim Chalmers has refuted the idea that the newly announced $14.6 billion (US$9.88 billion) living cost relief will worsen inflation. In an interview with ABC Radio, the treasurer said the relief package included “responsible spending” and would not add pressure to inflation. Among the cost of living supports to be featured in the May 9 budget is an...

Commentary On Saturday, King Charles III was solemnly crowned in Westminster Abbey in a ceremony whose roots remote to the coronation of King Edgar the Peaceful in 973. The central act of this is when the king accepts his calling from God and receives the grace and powers to fulfil his responsibilities according to the law. The most important book...

The urban riots with images of buildings and cars set ablaze in 2020 proved how dangerous America’s city streets can be for anyone stuck in traffic during incidents of civil unrest. With little warning, your vehicle could be up against an angry, fist-pounding mob bent on causing harm and destruction. It’s an urban motorist’s worst nightmare, says James Jamila, North...

Democratic White House contender Robert Kennedy Jr. recently blamed the Central Intelligence Agency (CIA) for the assassination of his uncle, President John F. Kennedy, in 1963. Kennedy Jr., the son of assassinated Sen. Robert F. Kennedy, made the allegation on Sunday with John Catsimatidis on WABC 770 AM’s “Cats Roundtable.” Theories around JFK’s assassination have endured throughout the decades, with...

A group of 43 Republicans in the U.S. Senate said on May 6 that they “oppose raising the debt ceiling without substantive spending and budget reforms,” coalescing around their House counterparts ahead of the White House meeting over the federal debt ceiling amid a monthslong political standoff. “The Senate Republican conference is united behind the House Republican conference in support...

Commentary It’s easy, if not entirely fair, to explain Alexander Hamilton’s relentless search for fame and power as the outcome of a life begun under very unfavorable conditions. He was born on Jan. 11, 1757, an illegitimate child on the Caribbean island of Nevis, then a possession of the British Empire. His father deserted young Alexander’s mother when he was...

A Texas Democrat on Sunday said that stricter gun control measures likely would not have curbed the mass shooting at an outlet mall in Allen, Texas, on Saturday that left eight people dead. Rep. Henry Cuellar (D-Texas), whose district includes areas near the Texas-Mexico border, said that officials should first determine what led to the mass shooting. In an interview...

Officials in a New York county located thousands of miles from the U.S.-Mexico border declared a state of emergency after New York City officials decided to approve a plan to send illegal immigrants there. Rockland County Executive Ed Day said in a statement on Saturday that some 340 illegal immigrant males are expected to be sent to a hotel in Orangeburg...

President Joe Biden has shrugged off concerns about his age for re-election and said he’s still “effective.” “I have acquired a hell of a lot of wisdom and know more than the vast majority of people. And I’m more experienced than anybody that’s ever run for the office. And I think I’ve proven myself to be honorable as well as...

BOGOTA/WASHINGTON—Colombia’s migration agency has temporarily suspended a program to return Colombian nationals found by immigration officers at the U.S. border with Mexico, it said on Thursday, citing cruel and degrading treatment and last-minute flight cancellations. The number of Colombians trying to migrate north to the United States has soared in recent years, with more than 125,000 apprehended at the United...

NEW YORK—Simon & Schuster is again up for sale. Months after a federal judge halted Penguin Random House’s plan to purchase its longtime rival, Simon & Schuster’s CEO and parent company, Paramount Global, have confirmed that the publisher is back on the market, with a sale possible by the end of the year. “I can now report that, as expected,...

NEW YORK—A new analysis of Walmart’s pricing strategy reveals it has consistently kept grocery prices lower than competitors while generally hiking prices at rates far below U.S. inflation, even while the firm now faces allegations of using its clout to gain unfair advantages over rivals. Data analytics firm Dataweave compared the prices of 589 name-brand products in 34 categories, including...

Screenwriters for TV and film have begun to strike as their contracts ended. The strike will affect the late-night four: Fallon, Kimmel, Colbert, and Myers. Other shows that will have to halt production are “Real Time” with Bill Maher, “Last Week Tonight” with John Oliver, and the weekend favorite “Saturday Night Live.” These shows could be affected for multiple weeks,...

OMAHA, Nebraska—Warren Buffett’s Berkshire Hathaway Inc. posted a $35.5 billion first-quarter profit on Saturday, reflecting gains from stocks such as Apple Inc., while higher investment income and a rebound at car insurer Geico bolstered operating results. Berkshire also sped up repurchases of its own stock, buying back $4.4 billion, while paring its investments in other stocks such as Chevron Corp.,...

Billionaire Warren Buffett said during Berkshire Hathaway’s annual meeting in Omaha that he’s bullish on America’s economic prospects despite the bitter political divisions of today, although value investors like himself should get used to “making less” in part because so many are following similar strategies. In the annual event that Buffett calls the “Woodstock for Capitalists” that draws tens of...

President Joe Biden said Friday that his son Hunter Biden “has done nothing wrong” as rumors swirl that the president’s son could soon face federal charges. Biden made the remarks during an interview on MSNBC on Friday, which came days after the Washington Post cited anonymous “people familiar” as saying that Department of Justice (DOJ) prosecutors were nearing a decision...

Commentary The Taiwan government’s desire for greater integration with the U.S. military is supported by its goal of making the country bilingual by 2030. Taiwan’s President, Tsai Ing-wen told ex-U.S. national security adviser John Bolton, during his visit to Taipei on May 3, that she hopes to increase U.S. security exchanges, in the face of increasing aggression from China. During...