Yearly Archives: 2025
MAGA Rep. Slams Trump’s Shady Takeover of Businesses
Business
President Donald Trump’s MAGA agenda is increasingly at odds with free market economics, and some key conservatives are beginning to notice.
At least one Republican—Texas Representative Chip Roy—has harpooned the president’s Intel deal, reminding CNBC Thursday that government stakes in private entities defies conservative values. Roy also challenged the Trump administration’s intent to develop a state-owned investment fund known as a sovereign wealth fund.
“I think the problem here is that we built up through the broken system and the swamp, this world in which these corporations depend so heavily on the government, when in fact what they should be doing is producing products and competing in the market,” Roy said.
“What I don’t like is taking up stakes in private entities,” he continued. “And in terms of a sovereign wealth fund, we’ve got...
EUR/JPY Price Forecast: Positive view prevails above 171.00, eyes on French politics
EUR/JPY drifts lower to near 171.25 in Thursday’s early European session.Positive view of the cross prevails above the 100-day EMA, but bearish RSI indicator warrants caution for bulls.The immediate resistance level emerges at 172.67; the first support level to watch is 170.60.The EUR/JPY cross loses momentum to around 171.25 during the early European session on Thursday. The Euro (EUR) weakens against the Japanese Yen (JPY) amid fears of a French political crisis. France is braced for a new political crisis as the minority government of François Bayrou appears almost certain to be toppled in a confidence vote next month, amid deep political divisions over an unpopular austerity budget and debt-reduction plan.
Technically, the constructive outlook of EUR/GBP...
beatBread Co-Founder and CEO Peter Sinclair Passes Away Following ‘Short But Fierce Battle With Cancer’
beatBread co-founder and CEO Peter Sinclair has passed away at 50.beatBread co-founder and CEO Peter Sinclair has passed away at the age of 50 following “a short illness.”The music funding company revealed the unfortunate news in a brief email this morning. According to that message, Sinclair passed “surrounded by his family in Los Angeles” on Saturday, August 23rd. Additionally, a local obituary mentioned a “short but fierce battle with cancer.”
While beatBread didn’t disclose interim-leadership plans, it did recap the professional achievements of the “inspiring visionary” Sinclair. And on a more personal note, the business also emphasized that the Green Dot and Universal Music vet was “a beloved husband, father, friend and colleague whose warmth, wisdom and passion touched everyone fortunate enough to know him.”“Everyone at beatBread is shattered by this news,” added beatBread co-founder, COO,...
