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  • Tim Walz: Americans Should Compensate Minnesota Companies that Hired Illegal Migrants

    02/13/2026 7:41:02 AM PST · by Tench_Coxe · 92 replies
    The Minneapolis businesses that exploit illegal migrants should be compensated by ordinary Americans for economic losses amid the federal enforcement of popular immigration and civil rights laws, according to Minnesota Gov. Tim Walz.“They left us with economic ruin,” Walz complained after White House advisor Tom Homan said on Thursday that he is withdrawing most ICE officers after arresting more than 4,000 illegal migrants in Minneapolis. (snip) “Many Minnesota businesses – especially small businesses — are facing economic hardships that may prove insurmountable” because of the federal enforcement, said Matt Varilek, an economic development manager for Walz.
  • Who Is Paying for the 2025 U.S. Tariffs? (US Consumers)

    02/12/2026 10:55:42 AM PST · by Wayne07 · 80 replies
    Federal Reserve Bank of New York ^ | 2/12/2026 | Mary Amiti, Chris Flanagan, Sebastian Heise, and David E. Weinstein
    Over the course of 2025, the average tariff rate on U.S. imports increased from 2.6 to 13 percent. In this blog post, we ask how much of the tariffs were paid by the U.S., using import data through November 2025. We find that nearly 90 percent of the tariffs’ economic burden fell on U.S. firms and consumers. [...] We highlight two main results. First, 94 percent of the tariff incidence was borne by the U.S. in the first eight months of 2025. This result means that a 10 percent tariff caused only a 0.6 percentage point decline in foreign export...
  • Iceberg! Iceberg! - Amazon fired 16,000 employees last week.

    02/05/2026 7:28:13 AM PST · by PK1991 · 109 replies
    Tucker Carlson Network ^ | 2-5-2026 | Tucker Carlson
    "Amazon fired 16,000 employees last week. At first glance, the terminations appeared standard. Online retail demand fluctuates with the seasons, and orders always decrease following the holidays. Factor in a few extra weeks of busyness due to post-Christmas returns, and late January makes sense as a time for layoffs. The gift-giving rush is over, so warehouses no longer need as many people. That is not a defense of a multi-trillion-dollar company pulling the plug on $15-per-hour workers, but if you’re a shrewd capitalist, the justification checks out. But there’s more to the story. It turns out the 16,000 fired Amazonians,...
  • Pirro Threatens Jail Time for Lawful Gun Owners Who Travel to D.C. With Firearms

    02/03/2026 6:42:57 AM PST · by Miami Rebel · 150 replies
    New York Times ^ | February 3, 2026 | Robert Jimison
    Jeannine Pirro, the U.S. attorney for the District of Columbia, on Monday threatened jail time for anyone who enters the capital with a gun. In remarks on Fox News that could deepen a growing rift between gun owners and the Trump administration, Ms. Pirro declared that if anyone brings “a gun into the District, you mark my words, you’re going to jail. I don’t care if you have a license in another district and I don’t care if you’re a law-abiding gun owner somewhere else.” Her remarks prompted swift pushback from the Republican Party’s pro-Second Amendment wing, which was thrown...
  • Democrats flip Texas state Senate seat in shock upset

    01/31/2026 9:52:24 PM PST · by Nextrush · 157 replies
    The Hill ^ | 2/1/2026 | Julia Mueller
    Democrats scored a stunning upset on Saturday in a special election runoff for Texas Senate, according to a projection from Decision HQ, giving the party a major boost ahead of the November midterms. Fort Worth Democrat Taylor Rehmet, a machinist and Air Force veteran, defeated Southlake Republican Leigh Wambsganss to fill the vacant state Senate District 9. The district favored President Trump--who endorsed Wambsganss earlier on Saturday--by 17 points in 2024...
  • Trade balance soared 94% in November and was higher than a year ago, despite tariff efforts

    01/29/2026 8:21:16 AM PST · by zeestephen · 11 replies
    CNBC (Business Website) ^ | 29 January 2026 | Jeff Cox
    Following a month where the trade deficit hit its lowest level since early 2009, it shot up to $56.8 billion, an increase of 94.6% from October...On a year-over-year basis, the deficit through November stood at $839.5 billion, or about 4% higher than the same period in 2024.
  • Dollar has its worst day since April after Trump says he's not concerned with recent slide

    01/27/2026 5:57:24 PM PST · by Miami Rebel · 22 replies
    NBC News ^ | January 27, 2026 | Steve Kopack
    The value of the U.S. dollar plunged Tuesday, after President Donald Trump said he was not concerned about the currency's recent drop. "I think it’s great," Trump said, speaking to reporters in Iowa, when asked if the dollar's value had declined too much. “The dollar’s doing great.” Before Trump's comments, the benchmark ICE U.S. Dollar Index was already on pace to record its worst three-day drop since Trump's April 2025 "Liberation Day" tariff rollout. After Trump’s comments, the value of the dollar as measured by the index sharply extended its slide to as much as 1.5%, putting it on track...
  • Bourbon maker Jim Beam halts production at main distillery for a year

    12/22/2025 5:19:29 AM PST · by Twotone · 64 replies
    BBC ^ | December 21, 2025 | Osmond Chia
    The maker of the popular Jim Beam bourbon whiskey says it will halt production at its main site in Kentucky for all of next year. The distillery will stay closed while the firm takes "the opportunity to invest in site enhancements," it told the BBC in a statement on Sunday. "We are always assessing production levels to best meet consumer demand and recently met with our team to discuss our volumes for 2026." Distillers in Kentucky - famous for its bourbon - face uncertainty, in part, due to US President Donald Trump's trade policies. The brand is owned by Japanese...
  • Major Kentucky bourbon maker Jim Beam shuttering distillery for 2026

    12/20/2025 8:10:13 PM PST · by yesthatjallen · 76 replies
    Lexington Herald Leader ^ | 12 20 2025 | Janet Patton and Karla Ward
    One of Kentucky’s largest bourbon producers apparently is pausing whiskey production at the end of the year. Jim Beam, which is one of the largest makers of American whiskey in the world, is planning to shut down production in Happy Hollow in Clermont on Jan. 1 through 2026. The visitors center on site will remain open for Kentucky Bourbon Trail visitors. “We are always assessing production levels to best meet consumer demand and recently met with our team to discuss our volumes for 2026,” according to a statement from the company. “We’ve shared with our teams that while we will...
  • Trump stands by chief of staff Susie Wiles after bombshell Vanity Fair interviews — admits he has ‘alcoholic’s personality’

    12/16/2025 12:10:55 PM PST · by thegagline · 102 replies
    The New York Post ^ | 12/14/2025 | Steven Nelson
    President Trump defended White House chief of staff Susie Wiles in an exclusive interview with The Post Tuesday — saying she was right to tell Vanity Fair he has an “alcoholic’s personality” and that he has full faith in Wiles to continue in her role.Trump, 79, reiterated that he avoids alcohol, saying in the interview he has a “possessive and addictive type personality” and that he wasn’t offended by her word choice. “No, she meant that I’m — you see, I don’t drink alcohol. So everybody knows that — but I’ve often said that if I did, I’d have a...
  • Roomba Vaccum Cleaner maker iRobot files for bankruptcy, pursues manufacturer buyout

    12/15/2025 10:24:35 AM PST · by SeekAndFind · 15 replies
    Reuters ^ | 12/16/2025
    iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private after being bought by Picea Robotics, its primary manufacturer.The company, which raised concerns about staying in business in March, filed for Chapter 11 protection in Delaware bankruptcy court as it grapples with increased competition from lower-priced rivals and new U.S. tariffs. iRobot generated about $682 million in total revenue in 2024, but its profits have been eroded by competition from Chinese rivals like Ecovacs Robotics. iRobot remains dominant in key markets like the U.S. and Japan, but competition forced it...
  • White farmers are getting a taste of their own medicine

    12/12/2025 9:39:16 PM PST · by where's_the_Outrage? · 53 replies
    The Nation ^ | Dec 12, 2025 | Kali Holloway
    Trump’s tariffs and immigration raids are driving the latest farm crisis. White farmers have stood by him year after year—and still do. On Monday, Donald Trump announced that his administration will give farmers a $12 billion bailout—a tacit admission that his trade policies suck. Farmers have spent much of the last year complaining about rising production costs, falling crop prices and the loss of multiple markets due to Trump’s tariffs and the trade wars they have launched. All in all, farmers are projected to lose roughly $44 billion in profits this year, in large part because of Trump administration policies....
  • Georgia Democrat Eric Gisler flips a state House seat in district Trump won by double digits, CNN projects

    12/09/2025 6:49:26 PM PST · by MinorityRepublican · 98 replies
    CNN ^ | December 9, 2025 | Ethan Cohen
    Democrats continued their run of successes in special elections by flipping a state House seat in Georgia Tuesday, according to a projection from the CNN Decision Desk. The Democratic victory, in a district that voted for President Donald Trump by about 12 percentage points last year, comes ahead of next year’s critical midterms, when Georgians will vote in closely watched races for Senate and governor. Eric Gisler, a Democrat who owns a local olive oil store, will defeat Republican Mack “Dutch” Guest in the 121st House District, in the northeastern part of the state, near the college town of Athens....
  • Trump Rages Against House Democrat He Just Pardoned: ‘Such a Lack of LOYALTY!’

    12/07/2025 7:56:15 AM PST · by Miami Rebel · 189 replies
    Mediaite ^ | Deceember 7,2025 | Joe DePaolo
    President Donald Trump fumed about a House Democrat — who he just pardoned — choosing to remain with the party rather than defect to the Republicans. In a blistering post to Truth Social early Sunday, the president bashed Rep. Henry Cuellar (D-TX) for announcing his intent to run for re-election as a Democrat, despite receiving a pardon from the president. Cuellar was facing charges for allegedly taking over $600,000 in foreign bribes. (The congressman’s wife, Imelda, was also charged in connection with the scheme.) “Can you imagine???” Trump wrote. “The Democrats, under the Crooked Joe Biden Administration, who always use...
  • Grand Jury Declines to Indict Letitia James Again on Mortgage Fraud Allegations

    12/04/2025 6:40:25 PM PST · by CrosscutSaw · 38 replies
    Just The News ^ | December 4, 2025 | John Solomon
    A grand jury in Virginia on Thursday declined to indict New York Attorney General Letitia James on a new indictment related to allegations that she committed mortgage fraud. The decision comes after a federal judge dismissed the initial case against James last month, ruling that the federal prosecutor who brought the case was not lawfully appointed. The prosecutor, Lindsey Halligan, was appointed by Attorney General Pam Bondi. The grand jury's decision was first reported by CNN and NBC News, citing sources familiar with the matter. The second attempt to indict James was presented to the grand jury in Norfolk, Virginia,...
  • Rep. Nancy Mace reportedly planning to discuss retiring early from Congress with MTG

    12/03/2025 7:39:19 PM PST · by MinorityRepublican · 48 replies
    KOMO News ^ | Wed, December 3, 2025 | Perrin Moore & Ian Kayanja
    Representative Nancy Mace is reportedly planning to discuss retiring early from Congress with Rep. Marjorie Taylor Greene, who announced her resignation in late November. New York Times reporter Annie Karni wrote Wednesday that the South Carolina Republican has told those around her she is frustrated with Speaker Mike Johnson and sick of the way he has run the House, primarily with how women have been treated there. News 4 reached out to Mace's team for comment and was directed to the congresswoman's latest post on X, where she said that there is frustration that discharge petitions are "the only way...
  • November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports

    12/03/2025 6:22:06 AM PST · by bigdaddy45 · 21 replies
    The U.S. labor market slowdown intensified in November as private companies cut 32,000 workers, with small businesses hit the hardest, payrolls processing firm ADP reported Wednesday. With worries intensifying over the domestic jobs picture, ADP indicated the issues were worse than anticipated. The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions, and was well below the Dow Jones consensus estimate from economists for an increase of 40,000. Larger businesses, entailing companies with 50 or more employees, actually reported a net gain of 90,000 workers.
  • Consumer sentiment slumps near record low: University of Michigan

    11/25/2025 7:59:23 AM PST · by Redmen4ever · 55 replies
    CFO Dive ^ | 11/21/2025 | Jim Tyson
    Measures of the consumer outlook for both personal finances and buying conditions for durable goods plunged more than 10% ...
  • Tyson Foods to close major US beef plant as cattle supplies dwindle

    11/23/2025 7:39:22 PM PST · by yesthatjallen · 71 replies
    Reuters ^ | 11 21 2025 | Tom Polansek
    CHICAGO, Nov 21 (Reuters) - Tyson Foods (TSN.N) will close a major beef plant in Lexington, Nebraska, with about 3,200 employees in January after U.S. cattle supplies dropped to their lowest level in nearly 75 years, the meatpacker said on Friday. The closure in the heart of cattle-feeding country signaled that supplies will remain tight, forcing meatpackers to pay steep prices for cattle to process into steaks and hamburgers. Beef prices have set records due to low supplies and strong demand, raising costs for consumers. President Donald Trump said last month that he was working to bring down prices. Tyson...
  • Turning Point leader pleads guilty to attempted election fraud

    11/19/2025 10:23:37 AM PST · by AirForceVet1988 · 18 replies
    The Phoenix New Times ^ | 11-18-25 | Caitlan Sievers
    Former Republican state legislator Austin Smith pleaded guilty Monday to what he previously called “ludicrous” charges that he personally forged more than 100 signatures on his petitions for reelection last year. The Republican from Surprise was a member of the far-right Arizona Freedom Caucus, which has a history of spreading false claims of election fraud in the 2020 presidential election and pushed for election law changes in the state legislature.