Boise, Idaho (March 14, 2017) – By an overwhelming 56-13 margin, the Idaho House of Representatives today voted to end all Idaho taxation on precious metals, e.g. gold and silver coins and bars. Bill sponsor Representative Mike Moyle (R) and the entire Republican caucus voted for the measure. If the Republican-controlled Idaho Senate follows suit […]
Archives for March 2017
Federal Reserve gives Donald Trump first rate hike
You did it. You did it. You did it. The Federal Reserve will raise interest rates for the second time in three months. Fed Chair Janet Yellen announced on Wednesday that the United States central bank will raise its target rate by 25 basis points to a range of between 0.75 percent and one percent. […]
Fed rate hike to cost Americans $1.6 billion in extra credit card finance charges
With the Federal Reserve raising interest rates by another 25 basis points, United States consumers can expect to pay hundreds of millions of dollars more in additional credit card interest this year, says a new report. According to new analysis from WalletHub, a personal finance website, the next 25-basis point increase in its target interest […]
Snap Inc (SNAP) still has yet to receive a ‘buy’ rating from Wall Street
Snap Inc (NYSE:SNAP) has pared its pre-market trading losses as it is now trading in positive territory on Wednesday. However, it is still down about 25 percent from Friday’s close. At the time of this writing, Snapchat shares are trading at just under $21, which is still below the post-IPO price. The bad news keeps […]
Paging Milton Friedman – Pope Francis warns of ‘very grave sin’ if you fire workers
If you’re a company and you fire your workers then you are committing a “very grave sin,” says Pope Francis. Speaking to his general audience on Wednesday, the Pope decided to intervene in economic affairs and provide his take on business practices. Every time he does, he shows his true jesuit (communist) ways. He stated […]