Daily Red Alert - 6/21/22
“The company will split into three publicly-traded companies whose names will be determined later, Kellogg said. The break-up, which is expected to be a tax-free transaction, has been approved by its board of directors.”
“The median existing single-family home price was $414,200 in May, up 14.6 percent from May 2021. Prices have continued to climb as the nation is gripped by inflation and a shortage of homes for sale. Rising mortgage rates, which have climbed sharply this year as the Fed hikes interest rates to fight inflation, have dealt a severe blow to housing affordability.”
US recession this year ‘more likely than not,’ analysts warn - New York Post
“The US economy is more likely than not to sink into a recession this year as the Federal Reserve tightens monetary policy in its bid to cool decades-high inflation, economists warned Monday.”
DoorDash asks job applicant to state sexual orientation - New York Post
“Doordash is attracting attention over a policy to ask prospective employees to state their sexual orientation on job applications to the food-delivery giant, according to social media posts.”
“President Joe Biden said Monday that he is still considering a federal holiday on the gasoline tax, possibly saving Americans as much as 18.4 cents a gallon.”
“Democratic strategist James Carville coined the phrase: "It's the economy, stupid!" If that expression holds true, Democrats are in for a walloping this November.”
RedBalloon in the News
Surviving A Woke Workplace with Andrew Crapuchettes - The Great Awokening Podcast
“What should Christians do when they find themselves employed by secular corporations that hate our worldview? What does it look like to live out our faith in a woke workplace? In this episode, I sit down with Andrew Crapuchettes to discuss his experience with woke capital and how he is helping workers escape difficult work situations.
Andrew Crapuchettes is the Founder and CEO of RedBalloon. RedBalloon is a job listing company that connects like-minded businesses and Americans who seek the freedom to work without the fear of discrimination against personal beliefs, infringement on constitutional rights, or invasion of medical privacy. Andrew hosts The Courageous Economy podcast.”
The Daily Red Alert is a collection of stories that relate to the issues of freedom in the workplace, business, and the US economy.