Keyword: price
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Nintendo is facing criticism over the high price tag of its upcoming Switch 2 console, which is set to launch at $450 in the U.S. Despite leftists eager to blame Donald Trump’s tariffs for the console’s high price, Nintendo of America’s top boss has now said that tariffs had nothing to do with the hotly-anticipated gaming machine’s price. TechSpot reports that Nintendo has found itself in the midst of a controversy surrounding the pricing of its highly anticipated Switch 2 console. The Japanese gaming giant recently announced that the Switch 2 will launch at a price point of $450 in...
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Elon Musk and former Gov. Tim Walz (D-MN) sparred on Wednesday as the failed vice presidential candidate celebrated the recent dip in Tesla’s stock price. “If you need a little boost during the day, check out Tesla stock,” Walz wrote, featuring a video of the former vice presidential candidate’s town hall in Wisconsin on Tuesday night. He even suggested that audience members that have a Tesla can pull the badge off of the electric car. Many analysts have blamed Musk’s more political role for the price performance of Tesla, while there have been many protests of Tesla dealerships, including one...
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Treasury Secretary Scott Bessent said Friday on CNBC’s “Squawk Box” that President Donald Trump’s tariffs were a “one-time price adjustment.” Bessent said, “I don’t think it’s a radical change. It’s just a much needed course adjustment. And when we go back and look at what’s happened, there’s a new paper out called the China Shock and it talks about what happened post 2004, that some of the communities recovered, but the workers never recovered and that it was much more devastating on a human level. And what we are trying to do is make free trade fair trade, because the...
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Sen. Amy Klobuchar (D-MN) — an anti-Trump Democrat — was seemingly unable to remember what the price of eggs was in her home state, despite continually bringing attention to the high cost of eggs. The New York Times interviewed Klobuchar about her insistence on bringing up the price of eggs, using it — seemingly — to suggest that President Trump has failed, despite his being in office just over one month after four years of rising prices and rampant inflation under the Biden administration.
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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...
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Americans nationwide have every reason to be optimistic that positive change is on the horizon for the nation’s healthcare system. Though new government figures show costs $4.9 trillion per year and 17.6 percent of GDP, straining families, businesses, workers and public-sector budgets, President-elect Trump and his healthcare nominees are poised to deliver access to quality care at far lower costs, by fully realizing his price transparency legacy. Using power vested by the Affordable Care Act, Trump issued hospital and health insurance price transparency rules during his first administration that empower consumers, including employers and unions, with actual prices for their...
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Let’s face it, the Democratic Party got off track. Back in the late ’90s, President Bill Clinton had approval ratings in the 70s as the party stood for a form of centrist progressivism. It meant finding a vital center in which the party looked to give people in need a helping hand but required people take responsibility for their own actions. That meant the adoption of policies like Pell Grants that required a B average or work requirements for welfare or a balanced budget. The economy soared. But the left fought these policies, and gradually they regained more and more...
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Price and wage fixing is always harmful. There is no right way of doing it. There is no right way of doing a wrong thing. There is no fair way of doing something that oughtn’t be done at all. We can’t even define a fair price or a fair profit or a fair wage apart from the market or apart from the state of supply and demand. Instead of talking about “fair” prices, “fair” profits, and “fair” wages, we ought to be talking about functional wages, functional prices, and functional profits. Prices have work to do. What they do in...
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Senate Democrats attacked McDonald’s on Tuesday for price gouging while it continues to “grow” profits and serve the needs of customers. The letter, written by Sens. Ron Wyden (D-OR), Bob Casey (D-PA), and Elizabeth Warren (D-MA), underscores the success of former President Donald Trump’s campaign stop on Sunday when he worked a McDonald’s drive-thru window in Pennsylvania. Images and video of the former president helping customers to McDonald’s finest foods nearly broke the internet. Many of Trump’s critics heralded the gesture as great retail politics and a stroke of political genius.
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Vice President Kamala Harris’s latest ad touts her price control policy proposal, which has been widely criticized, considering price controls historically result in shortages of goods. The advertisement, titled “Focused,” hypes Harris’s plan of “cracking down” on grocery “price gouging.” “She’ll make groceries more affordable by cracking down on price gouging. And she’ll cut housing costs by taking on corporate speculators,” the ad vaguely promises.
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We wrote Friday that Kamala Harris was likely to continue President Biden’s unfinished Build Back Better agenda, but it turns out we were far too optimistic. The policy priorities the Vice President laid out Friday are much worse, including a plan to impose national price controls on food and groceries.
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Greetings, comrade worker: Candidate for Party General Secretary Kamala Harris has promised to punish the hoarders and wreckers driving up grocery prices. All hail the might of Soviet labor! That’s the latest bonkers proposal from Komrade Kamala Harris, unveiled in her marquee speech on the economy Friday — socialist price controls on groceries. Because the sky-high grocery prices average Americans have seen since she’s been in office couldn’t be the result of her boss’s disastrous economic policies. No, they must be caused by price-gouging corporate overlords who for some reason want customers to buy less of their products. The data...
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Soviet-style centrally administered price controls on food and grocery prices will form part of the federal economic proposals U.S. Vice President Kamala Harris will unveil Friday when she finally delivers an insight into her 2024 policies. Her address will mark the first time Harris offers a policy focused speech since she was anointed as the Democratic candidate in July and been roundly accused by critics since as being a policy-free zone, as Breitbart News reported. The Democratic nominee is promising to institute a first-ever national ban on price gouging and price-fixing within her first 100 days in office in an...
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Ivana Trump’s New York City townhouse is still up for grabs as it nears two years on the market. The property was first listed for $26.5 million in November 2022, just four months after the businesswoman died at age 73 after falling down a staircase inside the home, PEOPLE previously reported. In September 2023, the price was slashed down to $22.5 million before the listing was removed altogether in November that same year, according to property records. It was listed again in June at an even lower price of $19.5 million.
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It is growing more costly to enjoy a celebratory meal on Independence Day in President Joe Biden’s (D) economy. In an email Wednesday, RNC Research pointed to the fact Americans will see the “most expensive Independence Day on Record” this year. “After the Biden White House attempted to brag about the price of an Independence Day barbeque going down by $0.16 in 2021, the same meal has since increased by $11.72 since then,” the email read, citing the American Farm Bureau Federation.
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American cable giant Spectrum is raising its TV, internet and phone plan prices in July. Spectrum's internet base price will increase by $3 a month for all plans beginning in July, CNET reported. The provider's home phone plans and TV Select service will also increase by $3 in some states. It is the second time Spectrum - one of America's main cable providers along with Comcast Xfinity, DirecTV and Dish - has hiked it rates this year alone. In January, Spectrum raised its low-income plan from $20 to $25 a month. At the same time in January it also raised...
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A Kentucky high school allegedly withheld a graduate’s diploma when the student went off script during his graduation speech to preach his belief in Jesus. Micah Price received the green light to praise Jesus Christ in his commencement speech at Campbell County High School in Alexandria, Ky., on May 24, but followed his address with “urging other Christians to stand up.” “Class, before another word leaves my mouth, I must give the honor, the praise and the glory to my lord and savior Jesus Christ,” Price said to a packed Truist Arena at Northern Kentucky University. His oration received resounding...
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An embattled DA has canceled an event to announce her Chinese name months after she was accused of making 'hateful remarks' about Asians. Alameda County District Attorney Pamela Price sent out a press release to announce the bizarre event at the Oakland Asian Cultural Center at 12pm on Tuesday. But the next morning it was called off after she was mocked online by Asian locals who called it pandering after she was accused of racism by former staff. They also thought it was a strange thing to do in general as Price, who is black, has no Chinese heritage. 'Someone...
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An illegal alien is accused of killing 27-year-old Jacques Price, the father of a five-year-old boy, in a hit-and-run crash in the sanctuary county of Montgomery County, Maryland. Gilver Yuviny Zelaya Diaz, a 42-year-old illegal alien, was arrested and charged with Price’s death after prosecutors alleged that he hit the young father, who was skateboarding at the time, and then fled the scene of the crash. On April 8, prosecutors said Diaz was driving without a license when he struck Price who was skateboarding. Diaz allegedly fled the scene, leaving Price dead on the ground.
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As the dust settles on the latest economic data, one thing is abundantly clear: inflation isn’t showing any signs of backing down, and the consequences are hitting people hard. Despite the Fed’s hopes for a return to normalcy, the reality on the ground tells a different story. According to Mish Shedlock, the latest figures from the BEA paint a bleak picture. While personal income saw a modest increase, real income actually took a hit in February. Meanwhile, personal spending surged, driving up prices even further. Inflation, though largely expected, remains stubbornly high, far beyond the Fed’s comfort zone.
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