NEW YORK—Stocks edged higher in a shortened trading day Monday as momentum slowed on Wall Street following its powerful rally through the first half of the year. The S&P 500 rose 5.21 points, or 0.1 percent, to 4,455.59 and reached its highest level since April 2022. The Dow Jones Industrial Average gained 10.87, or less…
Stock Market Today: Wall Street Tacks a Bit More to Its Big Run for the First Half of the Year
New ‘Cardboard Envelope’ Tax Scam Is Targeting Taxpayers: IRS
The Internal Revenue Service (IRS) has issued a warning to taxpayers about a new scam mail scheme that attempts to trick people into believing the government owes them money. “The new scheme involves a mailing coming in a cardboard envelope from a delivery service,” the IRS said in a statement on July 3. Inside the…
Fourth of July Cookout Costs Slightly Less This Year, Still More Expensive Than Two Years Ago
Americans planning to celebrate this Fourth of July with a cookout can expect to pay slightly less than they did last year, according to an annual survey by the American Farm Bureau Federation (AFBF), the nation’s largest general farm organization. According to this year’s estimate, families will pay on average $67.73 for groceries to feed…
Federal Commissioner: Supreme Court Ruling Will Crackdown on Corporations’ Left-Wing Programs
Following last week’s landmark Supreme Court ruling targeting affirmative action at U.S. colleges, a top federal commissioner predicted that companies and corporations will see an increasing number of lawsuits over controversial left-wing diversity, equity, and inclusion (DEI) programs; as well as the equally controversial environmental, social, and corporate governance (ESG) measures. “I think this is…
Federal Commissioner: Supreme Court Ruling Will Crack Down on Corporations’ Left-Wing Programs
Following last week’s landmark Supreme Court ruling targeting affirmative action at U.S. colleges, a top federal commissioner predicted that companies and corporations will see an increasing number of lawsuits over controversial left-wing diversity, equity, and inclusion (DEI) programs; as well as the equally controversial environmental, social, and corporate governance (ESG) measures. “I think this is…
Biden Administration Aims to Make AI Technology Woke, Warns Watchdog
July 3, 2023
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The Biden administration is pushing to transform artificial intelligence (AI) to promote a woke agenda led by left-wing activists and censor conservatives, warned a conservative watchdog group. The American Accountability Foundation (AAF) reviewed the White House’s plans for AI and posted a warning on Twitter that top government officials are seeking to infuse “dangerous ideologies”…
Price of Forever Stamp Rises to 66 Cents, 2nd Hike This Year and 5th Increase Since 2019
NEW YORK—Stamps prices are on the rise, again—one of several changes the U.S. Postal Service is rolling out this month. Starting Sunday, the cost of the first-class “forever” stamps will jump from 63 to 66 cents. The latest price comes just months after forever stamps climbed from 60 to 63 cents in January, following a…
US Manufacturing Falls Deeper Into Recession as Economy Faces ‘Clear Challenges’
America’s manufacturing sector fell deeper into recession territory in May, extending a multi-month slump as experts warn that the U.S. economy faces “clear challenges.” The Institute for Supply Management (ISM) said in a report Monday that its manufacturing purchasing managers index dropped to 46.0 last month, the lowest reading since May 2020 and the eighth…
Ex-US Treasury Secretary Issues Warning on New IRS Tax Proposal
The former Treasury secretary under the Reagan administration warned that Americans should remain “skeptical” about Internal Revenue Service (IRS) proposals, including a pilot program that would allow taxpayers to file their taxes directly with the federal agency, rather than using a service like TurboTax or H&R Block. “The effort would trust bureaucrats to become America’s…
Ex-Pfizer Employee Faces Insider-Trading Charges on COVID-19 Drug Trial
The Department of Justice has accused a former Pfizer employee and his friend and business partner in participating in an insider-trading scheme based on confidential information about the results of clinical trials of a medicine used to treat COVID-19. Prosecutors in New York have accused 44-year-old Amit Dagar, of Hillsborough, New Jersey, of buying call…
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