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Executives from Jack Daniel’s parent company, Brown-Forman Corp., warned that the business is seeing pressure from cannabis, weight-loss drugs and lackluster demand from Generation Z. Brown-Forman CEO Lawson Whiting told analysts on an earnings call that the “same big three” is the reason that there has been lower demand for liquor. “We’ve been saying that for 1.5 years now. And I know on the sell-side that the world seems to be a little bit split on the extent of the pressure that it’s putting on our category. We’d be naive if we didn’t say that there isn’t some pressure coming...

President Donald Trump's approval rating has dropped to 40 percent, lower than all other presidents at this point in their terms, new polling released by Pew Research Center on Wednesday shows. Americans want Trump to govern less by executive order, listen to the courts, and don't like tariffs. Trump is losing ground with people on the fence. From February to April, his approval rating fell from 88 percent to 75 percent among people who supported him in the 2024 election but "not strongly," and from 44 percent to 31 percent among nonvoters. Of course, partisans will be partisans, and Trump...

It’s apparently Opposite Day. A leftist economic think tank funded by George Soros is crying that the media lied about President Joe Biden’s economy … by trying to convince everyone that it was bad. What is this, the Twilight Zone? Center for Economic and Policy research co-founder Dean Baker put out a nutty blog March 25 headlined, “Yes, the Media Lied About the Pre-Election Economy.” At first glance we would agree with that, but digging into the finer details reveals that Baker wasn’t referencing how much leftist media outlets simped for Bidenomics to the point of beclowning themselves into a...

Breakfast lovers are clucking about the latest US Department of Agriculture (USDA) data. Leftists in Washington and mainstream media have been clutching their eggshells over soaring prices, blaming President Donald Trump for an issue dating back to 2023. However, much like every other strategy employed by progressive lawmakers these days, the plan is backfiring as the eggflation tragedy fades. Egg Prices Falling According to the Bureau of Labor Statistics, egg prices surged more than 10% in February and are up more than 58% over the last 12 months. However, this is a lagging indicator because daily USDA figures suggest that...

CNN, to no one’s surprise, tried to play Gotcha! by claiming President Donald Trump was “bucking” his campaign promise to cut prices immediately upon taking office, and ended up making the network look more idiotic than it already does. That is a feat unto itself. CNN took aim at Trump’s recent interview with Fox News host Sean Hannity where he stated that “‘Inflation is back.’” He continued: “I had nothing to do with it. These people have — have run the country. They spent money like nobody has ever spent.” After CNN Business Executive Editor David Goldman conceded Trump was...

Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York. Credit card balances jumped by $45 billion in the fourth quarter of 2024, driven in part by holiday spending, and are now 7.3% higher than a year ago. At the same time, credit card delinquency rates “remained elevated,” the New York Fed researchers found — with 7.18% of balances transitioning to delinquency over the last year. That uptick could indicate “borrowers are having some difficulty repaying,” the researchers said on a...

Amazing. Just amazing. The consummate Bidenomics simp and former New York Times columnist Paul Krugman is trying to make “Trumpflation” a thing in the public discourse. “Lies, Damned Lies and Trumpflation,” railed Krugman in his latest February 14 certifiable screed. What was hilarious was that the first five paragraphs of his piece literally had nothing to do with the economy aside from drumming up conspiracy theories about President Donald Trump’s Centers for Disease Control and Prevention potentially hiding data on the next hypothetical pandemic. Then came the kicker: “But while I’m not an epidemiologist, I do know something about inflation.”...

Politico may be trying to re-ingratiate itself with the American public after its government funding scandal by finally admitting what voters already knew about the Biden economy: It sucked. “Voters Were Right About the Economy. The Data Was Wrong,” read the eye-popping Politico magazine headline from Tuesday by author Eugene Ludwig, chairman of the Ludwig Institute for Shared Economic Prosperity. Ludwig recalled how “[m]any in Washington bristled at the public’s failure to register how strong the economy really was. They charged that right-wing echo chambers were conning voters into believing entirely preposterous narratives about America’s decline.” But as Ludwig conceded,...

The results are in: The Democratic Party’s Bidenomics strategy produced a disastrous score of just 160,000 extra jobs for Americans during each year of President Joe Biden’s presidency. President Joe Biden’s dismal Bidenomics also created jobs for 4.7 million migrants — including almost three million illegals, according to federal data collected by the Center for Immigration Studies and reported on February 7. So Bidenomics created 7.3 migrant jobs for every job gained by an American, even as it also exploded the national debt by $8 trillion. Bidenomics also flatlined wages, spiked housing costs, and slowed workplace investment. The Bidenomics 7:1...

Inflation in the United States surged higher in January. The Department of Labor said Wednesday that the consumer price index (CPI) rose 0.5 percent in January from the prior month, much more than expected. Compared with a year ago, consumer prices are up three percent. Economists had expected the monthly pace of inflation to decline to 0.3 percent after prices rose 0.4 percent in December. The median forecast called for a 2.9 percent gain over the past 12-months, matching the prior month’s year-over-year gain. Core inflation, a metric that excludes volatile food and energy prices, rose by 0.4 percent for...

The soaring price of eggs has alarmed consumers and the agriculture industry, and practically everyone in Washington is pointing fingers in various directions to direct blame. It’s hard to lay America’s egg crisis at the feet of any one politician. But agricultural experts say politicians in Washington and around the country can do more to help curtail the highly pathogenic avian influenza, or avian flu, responsible for the deaths of more than 40 million egg-laying birds last year. Because of short supply, egg prices rose 14% from November to December alone, and they are projected to rise another 20% this...

It seems as if The Washington Post has dropped its facade somewhat about how star-spangled fantastic the Biden economy supposedly was, but only now that President Donald Trump is in office. Coincidence? We think not! The February 2 print edition of The Post had a pretty revealing headline by reporters Lauren Kaori Gurley, Federica Cocco and Andrew Ackerman buried on the front page of the “Business” section: “More Americans are taking second jobs to pay bills.” Quite a 180-degree turnaround from The Post’s asinine July 2023 claim in the middle of the Bidenomics-induced inflation crisis that “Americans are still better...

Donald Trump made a campaign promise to "immediately bring prices down" on his first day in office. Instead, egg prices have spiked. During her first White House briefing, press secretary Karoline Leavitt blamed former President Joe Biden for hurting the egg supply and driving up costs. Egg prices are expected to continue rising due to a bird flu outbreak, which Biden's Department of Agriculture tried controlling early on by euthanizing infected chickens. Egg prices have risen in the short time since President Donald Trump took office — despite his campaign promise to "immediately bring prices down, starting on day one"...

On Wednesday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Debbie Wasserman Schultz (D-FL) stated that President Donald Trump hasn’t brought down costs after “Joe Biden handed Donald Trump the strongest economy in the entire world.” And is undoing work “to make sure that the climate change that is crushing economies across the country is going to start to help improve.” Wasserman Schultz said, “Joe Biden handed Donald Trump the strongest economy in the entire world. He is the only president in modern times that had positive job numbers in every single year he was president. We passed the CHIPS and...

Big Lots, a prominent discount retailer, is facing significant struggles as nearly 500 of its store leases across 47 states are listed for sale, raising the likelihood of closures, according to 9 News. This announcement comes amid the company's turbulent financial saga, which began with a bankruptcy filing last year and culminated in its acquisition by Gordon Brothers Retail Partners.

As President Biden prepares to vacate the White House accolades are pouring in for his performance. Rep. Jim Clyburn (D-SC) asserted "he will go down as the greatest president we ever had. You know, I was the one who secured the Democratic nomination for him in 2020. That was one of the greatest accomplishments of my career. I think President Biden himself would admit he isn't a great orator, but he sure was a great doer of things while in office." "He did the big things that Trump would never have done," the Congressman pointed out. "He saved the nation...

CNN host Fareed Zakaria tried to claim (a) Bidenomics was mind-boggling genius, and also (b) white working-class voters hated it and rejected it in November. So forget those unwashed, uneducated white voters. Democrats should stop trying for those voters and stick to college-educated women and minorities. The host of CNN's Fareed Zakaria GPS bellowed in a January 17 op-ed for The Washington Post that Biden’s spendthrift economic catastrophe was actually “a resounding success.” But, alas, as Zakaria lectured in his ridiculous headline, “Biden failed to win the working class. Democrats might want to stop trying.” Of course, Zakaria’s idea of...

The Associated Press’s in-house public relations flunky for President Joe Biden, Josh Boak, is following the dragged out trend of leftist media figures treating Americans like they’re just too impatient to understand the true genius of Bidenomics. Boak’s January 15 propaganda piece disguised as news, “How Biden’s domestic policy record stacks up against public perception,” was laced with a hodgepodge of excuses and celebratory ramblings about Biden’s economic policies, which he mourned were hampered by a disgruntled voter base. “President Joe Biden ends his term with a gulf between his policy record and his public reputation,” he wrote. He implied...

New York Times writer Peter Coy once again kissed the ring of Bidenomics by actually having the gall to bemoan in writing how President Joe Biden wouldn’t be remembered for the marvelous way he handled the economy. We’re still waiting for the punchline. Coy mourned the “Tragedy of Joe Biden” in a January 10 column, crying over how Biden was essentially relegated to the background “like a ghost — stiff, wan, often unseen by the public.” Coy didn’t get to the second paragraph before turning his piece into a comedy strip, “It is a crushing end to his presidency. He...

US corporate bankruptcies hit their highest level since the 2008 financial crisis - as Americans tighten their belts. Companies have also incresingly been grappling with high rising debts - driven by high interest rates that caused borrowing costs to spike. In 2024, 686 companies filed for bankruptcy, up 8 percent from 2023 - and almost more than 2021 and 2022 combined. It also marks the most filings since 2010, according to data from S&P Global Market Intelligence. In addition last year, more companies tried to avoid bankruptcy through out-of-court actions, with these efforts outnumbering actual bankruptcies two to one, according...