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Florida Threatens Legislative Consequences To Credit Card Companies That Plan To Track Gun And Ammo Sales

September 22, 2022
Nation
(Photo by Joe Raedle/Getty Images)

On Wednesday, the state of Florida responded to news that credit card companies plan to start tracking guns and ammunition sales, saying that if they go ahead with the plan then they will face legislative consequences in Florida. Visa, Mastercard, and American Express have reportedly decided to adopt a new merchant category code for gun retailers, a move that was praised by gun control advocates. In response, Florida Chief Financial Officer (CFO) Jimmy Patronis issued a statement warning that if they continues with their plans then they will face penalties from the state of Florida. “The second amendment is foundational to

UK Announces End Of Fracking Ban, Will Become Net Energy Exporter By 2040

September 22, 2022
International

The United Kingdom has ended its fracking ban in a push to strengthen the nation’s energy security after Russia shut down its flow of natural gas through the Nord Stream 1 pipeline earlier this month. While the United Kingdom “imports very little gas from Russia, gas prices are set globally and are now approximately 450% higher than they were this time last year,” BBC News explained. “The market is so tight at the moment that any disruption in supply causes more hikes in the price of gas,” said Carole Nakhle, CEO of analysts Crystol Energy, after Russia shut down the

Top Banking Executive Shoots Down Rashida Tlaib’s Climate Extremist Proposal: ‘Absolutely Not’

September 21, 2022
Nation
(Photo by Chip Somodevilla/Getty Images)

On Wednesday, Jamie Dimon, Chairman and CEO of JPMorgan Chase, shot down an attempt by far-left Rep. Rashida Tlaib (D-MI) to suggest that banks should quit funding new oil and gas products, explaining that doing so would be a “road to hell for America.” The exchange happened during a House Financial Services Committee hearing from top bank executives on regulatory and oversight in their industry. “You have all committed, as you all know, to transition the emissions from lending and investment activities to align with pathways to net zero in 2050,” Tlaib said. “Do you know what the International Energy Agency has

Federal Reserve Raises Interest Rates By Another .75%

September 21, 2022
Economy
Jerome Powell

On Wednesday, the Federal Reserve announced an interest rate hike of 0.75% to combat the inflation crisis, marking the third consecutive 0.75% increase. According to a recent report from the Bureau of Labor Statistics, prices rose 0.1% in August and 8.3% over the last year. Core inflation, which excludes volatile gas and energy prices, rose 0.6% in August and 6.3% over the last year. “Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low,” the Federal Reserve’s Board of Governors said in a statement. “Inflation remains elevated, reflecting supply

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