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Donald Trump Beats Joe Biden in the Stock Market

The Dow Jones Industrial Average returned 12.26 per cent annually on average under President Trump’s four years in office, as opposed to the 9 per cent average annual growth under President Biden, as per the closing of the last quarter….

The Start of the FDR Era: the Election of 1932

Under the presidency of Republican Herbert Hoover, the United States suffered the greatest economic depression in history. This set up a Democratic domination of the White House for five consecutive terms. Since Presidents serving two terms was just a tradition…

Amidst Absurdities, Democrats Are Trying to Have a Good Time in Chicago

An awful lot of rare historical events for one election cycle happened this year in the US, most of which do not favour the incumbent party. Nothing is a better testament to that than the fact that this week in…

Disney’s ‘Woke’ Theme Park Ride Threatens Company Profitability

The Walt Disney Company has decided to discontinue one of its most popular theme park rides, Splash Mountain, due to progressive activists labelling it as ‘racist’, and replaced it with Tiana’s Bayou Adventure based on a little-known movie about a…

Budapest Stock Exchange Reopened 34 Years Ago Today

Trading first started on the Budapest Stock Exchange on 18 January 1864, but the exchange was dismantled by the communist regime in 1948. After the regime change of 1989, securities trading restarted at last on 21 June 1990, exactly 34…

Planet Fitness Slashes Sales and Profit Forecasts Due to Transgender Controversy

The Hampton, New Hampshire-based gym company was forced to lower its annual financial forecasts, both for revenue and profit, admittedly due to the March 2024 controversy when a biological man was photographed shaving his face in the women’s local room…

MOL Discovers New Oil Deposit in Hungary

The new oil deposit has been found by MOL in collaboration with another Hungarian company, O&GD Central Ltd. The new site is currently producing around 1,000 barrels of crude oil per day….

Disney Stock Tanks as Company Reelects Woke Board

Conservative investor Nelson Peltz was trying to get new members elected to the board of directors at the 3 April shareholders meeting and thus steer the company away from their woke agenda, to no avail. The same woke board members…

Markets Dip after US Federal Reserve Decision, Hungarian National Bank Cuts Interest Rates Again

The Fed is not cutting the federal interest rate, and is keeping it at 5.5 per cent, the highest it has been since the early 2000s. Meanwhile in Hungary, the National Bank cut interest rates on 31 January….

Hungarian Central Bank Cuts Interest Rate By 75 Basis Points

The base interest rate has been cut for the third consecutive time, something that has not happened since 2020. These developments will greatly help eople who are looking to take out a mortgage, a business loan, or invest some money…

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