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National

Rising price to eat out is ‘benefiting our business’, Walmart CEO says
National, The Street

Rising price to eat out is ‘benefiting our business’, Walmart CEO says

By Jena Warburton | The Street If it feels like every time you visit the grocery store you part with a little bit more of your emotional well-being each time, you're probably not alone.  Plenty of goods and staples – food included – are more expensive than they were one year ago, or even one month ago.  The Consumer Price Index shows that, in April, prices increased by 0.3% from March. The CPI ticked up 3.4% on a 12-month basis, about in line with expectations but certainly showing no signs that inflation is coming down anytime soon.  READ THE FULL STORY AT THE STREET
After closing 48 locations, signs of a Chapter 11 bankruptcy filing exist for Red Lobster chain
National, The Street

After closing 48 locations, signs of a Chapter 11 bankruptcy filing exist for Red Lobster chain

By Daniel Kline | The Street The big food court in the sky, or maybe it's a downtown entertainment district, features a lot of restaurants that once had a big following. You may not remember them all, but some brands that were once huge, fell into irrelevancy and then went away. Howard Johnson's, for example, used to be a staple of a road trip. If you couldn't find a HoJo's perhaps you would stop at a Big Boy, another chain that was once prominent. In addition, sometimes there are restaurant chains that maybe were never that well-liked but were still a big deal. Fashion Cafe and the Official All-Star Cafe were meant to reproduce the magic of the Hard Rock Cafe or Planet Hollywood but they never caught on. READ THE FULL STORY AT THE STREET
Biden, Trump don’t even agree on crypto, with Trump saying he’s in support, Biden opposed
National, The Street

Biden, Trump don’t even agree on crypto, with Trump saying he’s in support, Biden opposed

By The Street Republican presidential candidate Donald Trump has recently signaled an about face on the digital assets industry, promising to support crypto in the U.S. during a recent campaign event and offering a stark contrast to apparent hostility from the Biden administration. “If you’re in favor of crypto you’re gonna vote for Trump because they want to end it,” Trump said recently.  Long-time advocates and investors in the space have decried harsh legislation from the Biden administration and Gary Gensler’s U.S. Securities and Exchange Commission (SEC). For instance, the White House recently vowed to veto legislation that could allow regulated financial firms to custody digital assets. Now, crypto-focused voters have reason to believe that Trump would offer a friend...
‘Wait, They Left’: College students stumped by simple questions about Israel and Hamas
National, TownHall.com

‘Wait, They Left’: College students stumped by simple questions about Israel and Hamas

By Matt Vespa | TownHall.com With colleges becoming hotbeds for antisemitism and pro-Hamas propaganda, comedian and actor Zach Sage decided to play a little game with the future minds of tomorrow. He introduced “Gaza Graduation: The Game Show” to these kids, asking simple questions about Hamas, Israel, and the Middle East. It was a trainwreck.  Some of these students were paying an arm and a leg to attend schools like Pace and Sarah Lawrence and were egregiously ignorant of the questions. Not that’s a shock to you, but it’s pretty heinous that some of these clowns didn’t even know that Gaza was under the control of Egypt, and then Israel left Gaza in 2006.  “Wait—they left,” responded one flummoxed student. READ THE FULL STORY AT TOWNHALL.COM
Dow surges to first close above 40,000 as stocks continue to climb in value
National, The Street

Dow surges to first close above 40,000 as stocks continue to climb in value

By Charley Blaine | The Street It took literally all of Friday's trading session, but the Dow Jones Industrial Average hit its first close above 40,000.  The blue-chip average finished at 40,000.59, up 132 points, or 0.34% right at the 4 p.m. ET close. The index had hit an intraday high of 40,051.05 on Thursday before dropping back to 39,865.  The Dow's performance was the day's best among the major averages. The S&P 500 was up 6 points, or 0.1%, to 5,303. The Nasdaq Composite was down 12 points, or 0.1%, to 16,685.97.  READ THE FULL STORY AT THE STREET
Podcast delves into the legacy of D-Day to commemorate 80th anniversary
National, Stars & Stripes

Podcast delves into the legacy of D-Day to commemorate 80th anniversary

By Stars & Stripes As the 80th anniversary of D-Day approaches, a World War II Foundation podcast is taking a look at the invasion of Normandy. The special episodes of “Front to the Films” feature host retired Army Col. Tom Rendall, as well as guests Keith Nightingale and Joey Ivanov, discussing D-Day, its aftermath and the ongoing impact of the military operation. The first episode centers on Operation Overlord, the Allied effort to drive German forces out of occupied parts of Western Europe. READ THE FULL STORYAND LISTEN TO THE PODCAST AT STARS & STRIPES
Biden DHS claims the privacy of illegals on terror watchlist overrides the rights of Americans
National, TownHall.com

Biden DHS claims the privacy of illegals on terror watchlist overrides the rights of Americans

By Sarah Arnold | TownHall.com Since President Joe Biden took office more than four years ago, the United States has become a dangerous place for Americans compared to former President Donald Trump’s term.  With Biden’s southern border remaining wide open, millions of illegal immigrants have poured into the country— with many being criminals and posing safety risks to American communities.  According to recent data released by Customs and Border Protection (CBP), the number of suspected terrorists who have illegally entered the U.S. is up over 2,500 percent since the Trump Administration.  READ THE FULL STORY AT TOWNHALL.COM
What is the Work Opportunity Tax Credit and how does it benefit business owners?
National, The Street

What is the Work Opportunity Tax Credit and how does it benefit business owners?

By The Street (via TurboTax) The work opportunity tax credit (WOTC) rewards businesses that hire workers from certain targeted groups who might otherwise be overlooked in the job market. Businesses of any size can claim the credit for as many eligible workers they employ. The credit amount depends on several factors, including the eligible employee’s targeted group, wages, and number of hours worked. There’s also a maximum credit amount per employee, which runs from $1,200 to $9,600, depending on the employee's targeted group and length of employment. The WOTC is a nonrefundable federal tax credit. As a result, it can reduce your tax bill to $0, but it won’t trigger a tax refund if the credit amount is greater than your tax liability before the credit is applied. READ THE FULL ...
Federal land managers are planning Colorado’s next wild horse roundup, ignoring pleas to stop using a helicopter
National, The Colorado Sun

Federal land managers are planning Colorado’s next wild horse roundup, ignoring pleas to stop using a helicopter

By Jennifer Brown | The Colorado Sun The latest effort to decrease the wild horse population in Colorado will target the layered beige-and-purple plateaus of Little Book Cliffs, rangeland near Palisade that is home to about 200 mustangs.  The Bureau of Land Management announced Wednesday that it is seeking feedback on a 10-year management plan that calls for removing 85-110 wild horses by helicopter roundup, administering birth control and following up with bait-and-trap operations to keep the population within the federal agency’s desired limits.  The 36,000 acres of rangeland, dotted with bunchgrass and sagebrush and with limited water, can support a maximum of 90-150 horses, according to the BLM.  READ THE FULL STORY AT THE COLORADO SUN
GOP lawmakers’ attendance at Trump trial could be a problem during a key vote today
National, THE HILL

GOP lawmakers’ attendance at Trump trial could be a problem during a key vote today

By REBECCA BEITSCH AND ZACH SCHONFELD | The Hill At least nine Republican lawmakers traveled to New York to appear in court alongside former President Trump on Thursday, the latest in a string of GOP lawmakers to attend the hush money trial. The move could jeopardize GOP attendance at a key vote later in the day and also comes after the House Oversight and Accountability Committee bumped a scheduled hearing to facilitate their attendance at court. Reps. Matt Gaetz (Fla.), Lauren Boebert (Colo.), Andy Biggs (Ariz.), Mike Waltz (Fla.) and Eli Crane (Ariz.) were spotted in the courtroom, while Reps. Andy Ogles (Tenn.) Anna Paulina Luna (Fla.), Ralph Norman (S.C.) and House Freedom Caucus Chair Bob Good (Va.) were also spotted at the Manhattan c...