Posts

Featured Post

Image
A recent SEC filing reveals President Donald Trump’s Truth Social’s parent company, Trump Media and Technology Group, sloughed off more than $400 million last quarter and brought in only a few hundred thousand dollars in sales. Trump’s family may be cashing in big through government contracts and federally-enabled crypto schemes, but the president’s own social media company appears to be bleeding. The company reported only $871,200 in revenue in the first three months of 2026, but also revealed a nearly $406 million net loss in 2026, which amounted to a total $387.8 million loss after accounting for earnings, taxes, depreciation, and amortization. The company blamed its $405.9 million net loss and a $387.8 million Adjusted EBITDA loss for “non-cash losses including unrealized losses on digital assets, digital assets pledged, and equity securities, accreted interest, and stock-based compensation.” Despite the red ink, the company claims “a strong balance sheet” and that it will be “...
Post a Comment
Read more

'I voted for you three times': Critics unload on Trump’s small business summit

Image
The Irish Star reports critics bushwhacked a White House social media post wherein it proclaimed to be an ally of small business when consumer satisfaction is historically low. The mass attack came on the heels of a small business summit held at the White House, after which the White House posted on X, stating : "Small businesses are the backbone of America. They drive 40 percent of our economy, power American manufacturing and support working families nationwide.” But hundreds of online critics swarmed the comments section to share their fury at President Donald Trump and the business environment he’s created for the small businesses he claims to appreciate. “As a small business owner, you have made everything MUCH worse. You're the enemy of the United States and of the American people,” said one critic, according to the Star. “Trump just gave small business the death sentence,” posted another . “With fuel doubled, family businesses will be going into bankruptcy from Trump...
Post a Comment
Read more

GOP warned not to expect miracles from their election scheme

Image
As of right now, CNN anchor Jake Tapper says Republicans appear to “have the edge” in the gerrymandering arms race that President Donald Trump set off with his extreme mid-decade gerrymander in Texas. But CNN data analyst John King says there are some things that even the most extreme undemocratic tampering can’t fix. With Republicans determined to lock in a permanent House majority by picking their own voters and the Supreme Court agreeing to let white-majority Southern legislators “go back and take away the majority Black districts,” King said Republicans look like they’re winning their gerrymander war. But he added that “this is still a bad Republican year.” “[B]ased on historical odds — it’s usually 25 seats on average since World War II — the party in power loses 25 seats in the House in a midterm election year. So the Democrats, on average, are still poised to get there.” If Democrats have a “below average year,” King said Republicans could maintain their gerrymandering advantag...
Post a Comment
Read more

News24 | Here are the Daily Lotto and Daily Lotto Plus numbers

Here are the Daily Lotto and Daily Lotto Plus numbers. from News24 News24/TopStories/rss https://ift.tt/N24igTU via sinceretalk
Post a Comment
Read more

Ambition drove Trump prosecutor's raid on political opponent: Report

Image
President Donald Trump’s Justice Department recently targeted a powerful Virginia Democrat — but one expert worries that the Democratic Party will not be the primary casualty of this prosecution. “[MS NOW’s Carol] Leonnig also reports that Lindsey Halligan, a former insurance lawyer who Trump illegally attempted to install as the top federal prosecutor in eastern Virginia, pressured prosecutors to bring charges against Lucas prior to the midterm elections, believing that ‘it would be good for the White House to be able, before the midterms, to accuse a prominent state Democrat in Virginia with bribery,’” wrote Vox's legal reporter Ian Millhiser on Thursday . Millhiser, who noted that the Justice Department claims to have been investigating Lucas for allegedly soliciting and accepting bribes since President Joe Biden’s administration, added that the charges against her may have at least some merit. Yet even if the charges against her are valid, Millhiser pointed out that the charge...
Post a Comment
Read more

Millionaire frets that CEOs will also suffer as consumers ‘run out' of cash

Image
The ongoing rise in prices under President Donald Trump, which is being exacerbated by the war in Iran, has prompted one food CEO to cut prices for his company’s products as consumers “run out of money.” “Consumers are literally running out of money toward the end of the month,” Kraft Heniz Chief Executive Steve Cahillane told The Wall Street Journal’s Jesse Newman in an interview that ran on Wednesday . “Being there with the right offering at the right time has never been more important.” Kraft Heinz is working to lower prices to keep purchases up, but there's only so many cuts a company can make before the destroying profits. Nevertheless, Cahillane explained that passing down savings is necessary because of rising inflation. “We could see more significant inflation, and nobody wants to see that because in our industry we still haven’t seen a return to volume growth,” Cahillane said. “We had four years of volume degradation because the consumers had to absorb too much price. I t...
Post a Comment
Read more

Bad timing: Trump economy hammers red-state soup kitchen as client list balloons

Image
President Donald Trump’s economy has reached a point where it is impacting an institution upon which countless Americans rely for survival — soup kitchens. Theresa Wilson, the owner of Rose of Sharon soup kitchen said the need for her services is "growing,” reported AL.com ’s Megan Plotka on Wednesday. "We see people from everywhere, and I’ve been seeing an increase in the different types of people coming here, and it’s because the food prices are so high, gas prices are so high, and they have food insecurity,” Wilson said. “We want to be a resource. Wilson currently serves about 300 people a day. But even as the Trump economy squeezes the line in her kitchen a little further out the door, Wilson said rampant inflation affecting Americans across the nation appears to be whacking her own utility costs, which have "increased very suddenly," peaking at $2,200 per month in February before dropping to a still-high $1,783 per month. Usually at this time of year, she re...
Post a Comment
Read more