Author: RedWave Media
Whisper Conn's, Inc. was a 153-year-old retailer in the southeastern United States that operated more than 550 stores and employed approximately 4,000 people. By the end of October, the retailer that sold home appliances, electronics and furniture will be out of business. Creditors will lose an estimated $2 billion in unrecoverable loans and shareholders will lose their investments completely.Cohn's bankruptcy is just one of more than 3,000 bankruptcy filings since January this year, a 34 percent increase over the previous year. This is largely the result of “Biden economics” and its take on Keynesian economics, which is based on the…
Altus/iStock/Getty Images Plus A federal judge ruled Tuesday that the Biden administration “exceeded its statutory authority” when it reclassified certain types of rapid-fire triggers as machine guns, making them illegal.U.S. District Judge Reed O'Connor for the Northern District of Texas has voided the Bureau of Alcohol, Tobacco, Firearms, and Explosives' (ATF) classification of forced reset triggers (FRTs) as machine guns “illegal” and ordered the agency to return all seized FRTs to their rightful owners.According to the Daily Caller, an FRT is “a firearm part that allows the trigger to reset more quickly than a normal trigger by forcing it back…
bitFlyer will acquire 100% of FTX Japan's shares and plan to rebrand the platform by August 26, 2024. The Tokyo-based cryptocurrency exchange also plans to launch a new cryptocurrency custody business through the new subsidiary. Japanese cryptocurrency exchange bitFlyer Holdings announced the acquisition of FTX Japan, according to an announcement posted on July 26. Tokyo-based exchange I got it. The company acquired 100% of FTX Japan's shares, making the FTX Japan business a wholly owned subsidiary of bitFlyer. “bitFlyer Holdings is pleased to announce that it has today completed the acquisition of 100% of the outstanding shares of FTX Japan,”…
Donald Trump is scheduled to deliver a keynote speech at the Bitcoin 2024 conference in Nashville on Saturday, July 27.It will be the first time a US presidential candidate will attend this major Bitcoin event, and Trump is scheduled to speak for 30 minutes on the final day of the conference. The exact content of the speech has not been revealed, but conference organizers have suggested it will be “historic.” Trump's participation marks a major change in his stance on Bitcoin and cryptocurrencies, reflecting an evolving approach in contrast to his previous skeptical stance.President Trump's stance on Bitcoin and cryptocurrencies…
AP Image Hillary Clinton “Sugar and spice and all that is nice, that's what girls are made of,” goes an old poem from the Romantic era. The work argues that adult women have different characteristics, but who is the female lead? The poem's author, Robert Southey, doesn't say anything.But pundit Tucker Carlson did just that.In fact, he said the “opposite” seems to be true, referring to the idea that “the world would be more peaceful if women were in charge.”There are no “great successes for female leaders”Carlson made the comments Monday during a lengthy conversation with commentator Jack Posobiec on…
AP Image Kamala Harris The left-wing mainstream media is trying to cover up the dismal failure of Vice President Kamala Harris as the “border czar” officially appointed by the White House to curb illegal immigration at the southwest border.But no matter how hard the media tries, they can't hide Harris' indifference to the border. Even some Democrats are tired of her. Six of them voted today in favor of a resolution introduced by Republican Representative Elise Stefanik condemning Harris for failing to fulfill the job given to her by President Biden. solutionContrary to media claims that Harris was never a…
Jersey City Mayor Steven Fulop plans to invest his pension fund in a Bitcoin ETF. Fulop likens the investment to the Wisconsin pension fund's 2% cryptocurrency allocation. The SEC-approved Bitcoin ETF has seen little adoption by major financial institutions. Jersey City Mayor Steven Fulop has announced plans to invest a portion of the city's pension fund in a Bitcoin ETF. Fulop, who has served as mayor since 2013, said on July 25 that the city's pension fund is in the process of updating its filings with the Securities and Exchange Commission to include the new investment strategy. Mayor Fulop believes…
The Wisconsin State Investment Board, the state's public pension fund, has roughly $156 billion in assets under management and is the largest pension fund to have invested in cryptocurrencies to date, having put $160 million into a spot bitcoin ETF earlier this year. Some smaller pension funds, such as the Houston Firefighters Relief Retirement Fund, which has roughly $5 billion in assets under management, have been investing in cryptocurrencies for years.
Youtube Grant Cardon In a story that slipped under the dysfunctional radar of the left-wing mainstream media this week, Democrat and billionaire real estate investor Grant Cardon told Fox Business Digital that President Joe Biden is a disaster for the country, that Vice President Kamala Harris will lose to Donald Trump, and that his foreign cronies want Trump to win the election.That's because Cardon and his business associates around the world believe that only Trump can restore prosperity to America and maintain world peace. In fact, Cardon believes that Trump is “the only person” who can get America back on…
Jesse Collins/Wikimedia Commons On Monday, the US Supreme Court ordered New York to respond to a lawsuit filed by Missouri against New York alleging that state prosecutors and the Department of Justice colluded in the prosecution of Republican presidential candidate Donald Trump. Missouri Attorney General Andrew Bailey argues that Missourians and the nation have a right to know the extent to which the prosecution of a prominent presidential candidate is being coordinated by the federal government.New York Attorney General Letitia James, a long-time vocal critic of Trump, asked the Supreme Court on Wednesday to block the case, calling Missouri's claims…
