Investors Say They are Betting Inflation Is Here to Stay

Wall Street sign

Investors bet on the U.S. entering an era of sustained high inflation as Treasury yields spike, according to Reuters.

The bond market has seen a surge in interest rates for 10-year Treasury yields, reaching 4.59 percent, the highest point since September 2007 before the country was sent into a recession just months later, according to the Federal Reserve Bank of St. Louis. The state of the bond market indicates that investors believe that the age of low inflation and interest rates is over as the country enters a “high-pressure equilibrium,” driving inflation higher than what was previously considered normal, according to Reuters.

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2022 Election Disputes Continue to Wind Through U.S. Courts as 2024 Nears

While former Arizona GOP gubernatorial nominee Kari Lake continues with election-related lawsuits regarding irregularities in Maricopa County, there were also other issues during the 2022 midterm elections that occurred across the country.

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Eventbrite Cancels De-Transitioner Chloe Cole Event for Violating Policy Against ‘Hateful, Violent, and Dangerous Events’

Eventbrite has canceled an event speaking out against the treatments and surgeries being done to transitioning minors, citing that it violates a policy on “hateful, violent, and dangerous events.”

The event will be hosted by the Palmetto Family Council in South Carolina and will feature de-transitioner Chloe Cole. It’s set to take place on Nov. 7.

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UAW Reaches ‘Tentative Agreement’ with Mack Trucks in Three States

The United Auto Worker’s Union has reached a “tentative agreement” on a new five-year agreement with the Volvo-Group-owned Mack Trucks in three states.  The union posted on social media that nearly 4,000 UAW members at Mack Trucks in Pennsylvania, Maryland and Florida (UAW Region 8 & Region 9) have a tentative agreement.

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Energy Groups Call on Biden to Revise ‘Punitive’ Leasing Regulation Plan

Fourteen U.S. energy groups have called on the Biden administration to prioritize U.S. energy production and American’s energy needs by developing fair and consistent federal leasing regulations.

They submitted comments to the U.S. Department of the Interior’s Bureau of Land Management (BLM) over a newly proposed Fluid Mineral Leases and Leasing Process rule. The rule implements changes related to royalty rates, rentals, and minimum bids for BLM-issued oil and gas leases and updates bonding requirements for leasing, development and production.

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American Library Association Helped Draft Bill Cracking Down on Limits the the Availability of Sexually Explicit Books to Children

The former president of the American Library Association (ALA) said the organization helped “develop” legislation intended to combat attempts to remove sexually explicit books from school libraries, according to documents obtained by the Daily Caller News Foundation.

The Right To Read Act, reintroduced by Democratic Rhode Island Sen. Jack Reed and Democratic Arizona Rep. Raúl Grijalva in April, ensures students can access “culturally diverse and inclusive materials,” including sexually explicit books, as well as granting liability protections for librarians who curate these materials. The bill is explicitly intended to rebuff efforts by parents and Republican lawmakers to remove sexually explicit content from school libraries, according to a press release from the lawmakers.

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The Border Crisis Is Crippling U.S. Companies’ Supply Chains

Trade across the U.S.-Mexico border is being severely hampered due to an ongoing migrant crisis that is threatening businesses’ supply chains, according to The Wall Street Journal.

The southern border is facing a massive influx of migrants crossing into the U.S. illegally, with the U.S. Border Patrol reporting that a record high of 22,000 illegal migrants were being held in custody on Tuesday as opposed to just 7,696 on June 8. Trade that U.S. companies rely on for their supply chains is being hampered due to delays at points of entry that are being shut down by Border Patro to address the surge, according to the WSJ.

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China Ramps Up Crackdown on American Tech

Over the past few months, China has escalated its efforts to exert control over American technology companies by implementing new requirements, bans and restrictions.

The Chinese government is clamping down on American technology companies by throttling their already limited access to the country’s massive economy, according to new requirements, The Wall Street Journal reported on Friday. The country has also challenged American technology dominance by developing rivals to the latest smartphones and artificial intelligence (AI), as well as announcing export limits to key metals in July.

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Tobacco Company-Owned Food Brands More ‘Tempting’ than Competitors: Addiction Study

Food brands owned by tobacco companies produce foods that are more hyperpalatable than those produced by non-tobacco companies, new research from the University of Kansas shows.

The research found that they are more likely to feature “purposely tempting combinations of salts, fats, and sugars,” according to a press release from the University of Kansas.

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Pennsylvania Latest State to Embrace Automatic Voter Registration, Triggers New Integrity Fears

Pennsylvania Gov. Josh Shapiro (D) has implemented automatic voter registration, triggering new legal and election integrity concerns over voter roll maintenance as nearly half of U.S. states now follow such a policy.

Shapiro announced last Tuesday that the commonwealth would implement automatic voter registration, which means that residents obtaining state ID cards and driver’s licenses at Department of Transportation (PennDOT) centers will be automatically registered to vote.

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Commentary: U.S. Military-Sanctioned Diversity Initiatives Are Out of Control

As those who have ever served in the military know, the United States Armed Forces is one of the most culturally and socioeconomically diverse institutions in America. It is full of patriotic Americans from all walks of life who come together to serve their country, fight for it, and ultimately die for it if called to. To have served in the military in any form is to be a member of an exclusive club in this country. Although there are some barriers to entry, race is not among them.

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Virginia GOP State Senate Hopeful Emily Brewer Tells John Fredericks Her Adoption Story Blunts Left’s Abortion Narrative

The Republican House Delegate running to represent the State Senate’s 17th District told radio host John Fredericks she counters the Democrats’ pro-abortion messaging with her own adoption story during her Thursday “The John Fredericks Show” appearance.

“I was adopted. It’s something that ever since I’ve been in the House of Delegates in the past six years, I’ve worked on adoption and foster care reform because that’s not just the issue,” said Delegate Emily Brewer, who currently represents the chamber’s 64th District.

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Commentary: RFK Jr. as Independent Would Propel Trump to Deliver Crushing Blow

by Roger Kimball   So it looks as if Robert F. Kennedy, Jr., is just about to turn up the volume. It was bad enough for the Democratic establishment when he announced he was going to run for President on the Democratic ticket. Didn’t he know that The Committee already…

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Nonprofit Group Warns of Increasing Number of Overdose Deaths

A nonprofit organization’s analysis of government data estimates drug overdose deaths increased 1.7% in 2023 to reach a new record high.

The CDC estimates that more than 111,000 Americans died from a drug overdose in the 12-month period that ended in April. More than 77,000 of those deaths involved fentanyl and other synthetic opioids other than methadone. Both are record highs and increases over the prior year, according to Families Against Fentanyl. 

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