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Sep 15 2024BUSINESS

Will Kroger's Deal with Albertsons Survive the FTC's Scrutiny?

The United States Federal Trade Commission (FTC) is preparing to weigh in on Kroger's proposed $24.6 billion takeover of Albertsons, which has sent the supermarket chain's stock on a rollercoaster ride. The deal has significant implications for investors and the grocery industry. The FTC's review o

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Sep 14 2024POLITICS

The Conservative Kingmaker's Chilling Demand: Crush Liberal Dominance

Leonard Leo, a billionaire conservative activist, has sent a chilling letter to his network of conservative organizations, demanding they become more aggressive in their efforts to "crush liberal dominance" in America. In the letter, Leo stated that if these organizations do not devote funding to op

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Sep 13 2024POLITICS

Will the Tax Break Sunsets Expose the Middle Class to Financial Uncertainty?

As lawmakers debate the impending expiration of tax breaks after 2025, the stakes are high for millions of families and small businesses. Enacted by former President Donald Trump in 2017, the Tax Cuts and Jobs Act (TCJA) brought sweeping tax changes, including temporary provisions that will automati

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Sep 13 2024EDUCATION

Navient's Abusive Past: A New Chapter for Student Loan Servicing

In a move hailed as a major victory for borrowers, the U.S. Consumer Finance Protection Bureau (CFPB) has proposed a permanent ban on Navient from directly servicing federal student loans. The agency claims that Navient has been "abusing" borrowers for years, forcing them into higher-cost repayment

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Sep 13 2024POLITICS

The Grotesque Reality of Donald Trump's Alleged Sexual Misconduct: Unpacking the Evidence

The allegations of sexual misconduct against Donald Trump have been a topic of controversy for years. The latest development in this saga involves Jessica Leeds, a former Wall Street stockbroker who claims that Trump groped her on a flight in the 1970s. Leeds' testimony was presented in a defamation

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Sep 13 2024POLITICS

Trump's Cryptocurrency Ambitions: A Recipe for Conflict of Interest?

In the final stretch of his 2024 presidential campaign, Donald Trump is set to launch his sons' cryptocurrency business, World Liberty Financial, on Monday. This speech comes just 50 days before Election Day, raising concerns about the former president's penchant for mixing his personal and politica

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Sep 13 2024POLITICS

Emergency Abortions: A Matter of Life and Death or a Political Ploy?

The US is witnessing a crisis of epic proportions. In a country where women's bodies are still treated like political battlegrounds, emergency rooms have become a battleground for life and death. The Republican-controlled House has made it clear that women's health and lives are secondary to their p

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Sep 12 2024BUSINESS

GameStop's Digital Dilemma: Can the Retailer Revive its Fortunes?

The world where favorite video game store is now a relic of the past is no longer hypothetical scenario. GameStop, once ubiquitous video game retailer, is facing a very real crisis. The company's recent earnings report revealed a staggering 31% revenue decline; a stark reminder of the seismic shift

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Sep 12 2024FINANCE

Timing the Housing Market: A Pre-Fed Cut Play on Home Depot

We're buying 50 shares of Home Depot at roughly $364.95, taking our total position to 100 shares and increasing our weighting in the portfolio to about 1.1%. The market is selling off after the latest inflation report, but we believe the Federal Reserve will cut interest rates soon, sparking a new h

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Sep 12 2024FINANCE

Economy on the Mend, But Inflation Stuck in Neutral

Imagine you're on a road trip, and your GPS tells you that you've finally reached your destination. But as you're celebrating, you realize that the GPS has been reading the wrong coordinates. That's roughly the situation with the US economy. The inflation rate has slowed down, but the underlying fac

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