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An out-of-touch academic, writing a column for Bloomberg Opinion, demonstrated just how out of touch the country's elites are as inflation hits every sector of the country. Instead of hiding the mess, or better yet, just not printing it, Bloomberg Opinion tweeted its existence out with a handy tip sheet: (tweets at link) Inflation stings most if you earn less than $300K. Here's how to deal: ➡️ Take the bus ➡️ Don’t buy in bulk ➡️ Try lentils instead of meat ➡️ Nobody said this would be fun Which was about as amateur-hour as it gets on the age-old topic...

An economics professor has a solution for the little people dealing with the country’s inflationary woes: Use mass transportation, eat more veggies instead of meat, and cut back on unnecessary care for your pets.In a Bloomberg.com op-ed, the New School’s Teresa Ghilarducci says these tips are a good idea for anyone making less than … $280,000 per year. “To deal with gas prices, it’s worth reconsidering public transportation if it’s an option where you live,” Ghilarducci says. After all, mass transport fares are up only 8 percent compared to 38 percent for gasoline. And don’t think about getting a new...

A BLOOMBERG Opinion piece is getting backlash after a 'tone-deaf' tweet saying that inflation 'stings most' for those making under $300K a year. "Nobody said this would be fun," the controversial tweet by Bloomberg Opinion reads, sparking thousands of people to react to the March 13 article by Teresa Ghilarducci. Ghilarducci makes suggestions in the piece like pivoting to vegetables in order to avoid inflated meat prices, and taking the bus to avoid inflated gas prices. "I expect those most affected will adjust to inflation in the classic way by shifting away from relatively expensive items toward close substitutes." The...

In the annals of manufactured scandals by TV networks, one of the lamest examples was Florida Gov. Ron DeSantis’ telling high school students at an event of his: “You do not have to wear those masks. I mean, please take them off. Honestly, it’s not doing anything, and we’ve got to stop this COVID theater.” “NBC Nightly News” tried to make this a story for not just one night, but two. It’s lame because it came after everyone took off their masks for the State of the Union address, after the “nonpartisan” Centers for Disease Control and Prevention ruled against...

Bloomberg News co-founder Matthew Winkler is twisting numbers again to try to make leftists look like economic wizards. This time, he went to bat for Michigan Gov. Gretchen Whitmer (D) who imposed tyrannical COVID-19 shutdown policies on her constituents. Winkler’s blog celebrating Whitmer Feb. 16 was headlined, “‘Woman in Michigan’ Governs the No. 1 Economy.” Winkler fawned, in part, about how Whitmer’s economic policies“outperformed the U.S. when Trump was in the White House and continues to do so 15 months after voters rejected his bid for a second term.” He claimed that “Among 37 states with a population greater than...

Michael Bloomberg writes in a new op-ed that he is "deeply concerned" the Democratic Party is "headed for a wipeout in November, up and down the ballot." The former New York City mayor and Democratic presidential candidate points to the recent recall of three school board members in San Francisco while making his argument in Bloomberg News. "Coming from America's most liberal city, those results should translate into a 7 to 8 on the Richter scale, because the three main factors that drove the recall are not unique to the Bay Area," Bloomberg writes. Bloomberg notes that a "recent Democratic...

Former New York City Mayor Michael Bloomberg is expected to serve as chair of the Defense Department's Defense Innovation Board. Defense Secretary Lloyd Austin nominated Bloomberg to "leverage his experience and strategic insights on innovation, business and public service," Pentagon press secretary John Kirby told reporters on Wednesday. Kirby added that Bloomberg will bring "a wealth of experience in technology innovation, business and government to the Defense Innovation Board." "His leadership will be critical to ensuring the department has access to the best and brightest minds in science, technology and innovation through the team of diverse experts that he will...

The financial news site accidentally reported that Russia had invaded Ukraine Friday afternoon with a headline on its homepage. “Live: Russia invades Ukraine,” read a jarring headline on Bloomberg’s homepage at around 4 p.m. It stayed up for about 30 minutes, according to Olga Lautman, a Russian analyst who posted the message on social media. Users who clicked on the eye-popping story — which comes as Russian troops mass on the Ukrainian border and US officials warn of a potential invasion — were shown an error page. “I went on the site and saw the breaking news but knew it...

The White House has reportedly floated an offer to Russian President Vladimir Putin to allow Kremlin access to key NATO bases in exchange for Moscow de-escalating tensions over its military buildup on Ukraine’s border. The proposal would also involve discussions about Russia verifying that the US has not deployed Tomahawk cruise missiles to bases in Romania and Poland, Bloomberg News reported Tuesday. ​ The reported offer would be contingent on agreement from US allies, including Romania and Poland, while Russia would also have to provide similar information about bases with ground-launched weapon systems. The ​overture reportedly is intended to ease...

Big Tech billionaires, including Mark Zuckerberg, who already censor comments and news they don’t like, are now coming after your local paper. The group Report for America is placing its hand-selected woke reporters into local newsrooms across America to cover “under-reported” stories such as climate issues. ... Zuckerberg’s company, Facebook (now called Meta), and his and his wife’s charitable foundation, the Chan Zuckerberg Initiative, are pouring millions into this effort. And it ain’t beanbag. They expect results. Zuckerberg and Priscilla Chan spent $300,000,000 taking over elections offices in 2020 with the Center for Tech and Civic Life to tip the...

A wealthy Russian businessman indicted in Boston late last year on hacking and insider trading charges could have access to documents and information about the 2016 election hacking in the U.S. Vladislav Klyushin was extradited to the U.S. from Switzerland late last month and charged with overseeing a multinational scam that pried privileged documents that companies were filing with U.S. regulators before they were public, then trading on the information. Among his employees, and also named in the indictment, is Ivan Yermakov – who was among a dozen Russian military intelligence officers former special counsel Robert Mueller indicted in 2018...

When Granholm started giggling in response to a question about soaring gas prices, she revealed something chilling about the Biden administration. A short video is circulating showing Secretary of Energy Jennifer Granholm’s response to being asked about rising gas prices. Granholm starts giggling and says “That is hilarious.” Most thought she was laughing at people’s suffering but, in a way, her response was worse than that because she was really laughing about the fact that she and Biden do not plan to improve the situation for ordinary Americans. Rising gas prices are a huge problem. Not only do they make...

President Biden inadvertently disclosed Tuesday that one of his granddaughters works for billionaire former New York Mayor Michael Bloomberg, who briefly was one of his Democratic primary rivals. Biden made the revelation during a press conference in Glasgow, Scotland, when he called on reporter “Jen Epstein of the Wall Street Journal” to ask him a question. Epstein corrected the president that she works for Bloomberg News, which is owned by the financial entrepreneur, who was mayor from 2002 to 2013. “Excuse me. I beg your pardon,” Biden told Epstein. “I hope — I got it. I got it, especially since...

Financial reports show that Virginia’s Democrat gubernatorial candidate Terry McAuliffe received nearly $500,000 in contributions from Michael Bloomberg-backed Everytown for Gun Safety. The McAuliffe campaign’s financial report for September shows Everytown gave $400,000 on September 23, 2021.

Microsoft heiress Jennifer Gates has married Egyptian equestrian Nayel Nassar in a secret ceremony held the night before the announced wedding date, DailyMail.com has exclusively learned. The private Muslim ceremony was held on Friday night in the garden of the family's 142-acre estate in North Salem, New York where a larger civil ceremony with 300 guests is scheduled for Saturday afternoon. Parents Bill and Melinda Gates will jointly walk 25-year-old Jennifer, whose dress was custom made by Vera Wang, down the aisle at Saturday's ceremony. Coldplay will perform at the reception, as will folk rock star Harry Hudson. Saturday's guest...

The leftist pundits in the media are twisting themselves silly trying to spin the terrible economic situation in an attempt to save President Joe Biden. A new Bloomberg Opinion op-ed actually tried to argue that high inflation is a good thing for America. Bloomberg Opinion columnist Karl Smith actually had the audacity to publish a nonsensical article headlined, “America Needs Higher, Longer-Lasting Inflation.” His sub-headline was just as ridiculous: “The benefits of moderately rising prices and wages outweigh the costs.” His main argument was that “a higher rate of inflation, and correspondingly higher wage growth, could be a net positive...

The US overtook New Zealand in June to become the best place to be during a global pandemic.The latest ranking includes "reopening progress" as a factor, which helped the US rise 13 spots to number one.Several European countries are also in the top 10 thanks to effective vaccination rollouts that have allowed the region to open up to tourists.Visit Insider's homepage for more stories.As vaccination rates go up and masks come off, the US is now the best place to be during the pandemic, according to Bloomberg's monthly Covid Resilience Ranking.The index ranks 53 major economies each month on how...

Not enough people are willingly getting injected for the Wuhan coronavirus (Covid-19), so Bloomberg writer Clara Ferreira Marques is suggesting fines and prison time for the “refuseniks” whom she believes are putting the rest of society at risk. Even though getting the “vaccine” admittedly does not even stop the spread of the Chinese Virus, or do much of anything beyond supposedly minimizing the risk of symptoms for those who get it, Marques is adamantly opposed to the idea that there should be any type of freedom of choice when it comes to Wuhan Flu shots. Marques has adopted a different...

NEW YORK (BLOOMBERG) - Shortages in the semiconductor industry, which have already slammed automakers and consumer electronics companies, are getting even worse, complicating the global economy's recovery from the coronavirus pandemic. Chip lead times, the gap between ordering a chip and taking delivery, increased to 17 weeks in April, indicating users are getting more desperate to secure supply, according to research by Susquehanna Financial Group. That is the longest wait since the firm began tracking the data in 2017. "All major product categories up considerably," Susquehanna analyst Chris Rolland wrote in a note on Tuesday (May 18), citing power management...

Frank Gaffney, executive chairman and founder of the Center for Security Policy, said Michael Bloomberg’s relationship with the Chinese Communist Party — including “cooperation in the field of media” according the official Chinese government documents — amounts to a subversion of America’s national interest for the benefit of its primary geopolitical adversary. Gaffney drew on revelations detailing the Bloomberg-China ties in Alex Marlow’s Breaking the News: Exposing the Establishment Media’s Hidden Deals and Secret Corruption . “[Breaking the News] is focusing in on a vastly larger problem, but the microcosmic example of what Michael Bloomberg has done — both personally...