Nick R. Hamilton, Author at Slay News

Court Reinstates Texas Law Protecting Free Speech on Social Media Platforms

A court has reinstated a Texas law that allows state officials to bar social media platforms from censoring users based on their political views, according to reports. On Thursday, the 5th U.S. Circuit Court of Appeals panel reversed a district judge’s decision that blocked Texas from enforcing the law. The…

Jack Dorsey Agrees with Elon Musk on Trump’s Twitter Ban

Twitter co-founder and former CEO Jack Dorsey said he backs Elon Musk’s plan to reinstate former President Donald Trump’s account when he takes control of the platform. Dorsey slammed the move to ban Trump as a “business decision” and a “failure,” admitting that it was "wrong." Musk suggested on Tuesday…

Biden Admin Pulls Record Tax Haul after Boost from Corporate Profits, Meme Stocks

The Biden administration has pulled in a record tax haul so far this fiscal year, according to reports. Federal government data shows that the record haul was partly on the strength of the meme stock mania and surging corporate profits. The figures are now prompting the Treasury Department to scale…

25 Million Ton Backlog of Grain Blocked from Leaving Ukraine, UN Food Agency Reveals

Almost 25 million tons of grain is stranded in Ukraine and unable to leave the war-torn country for export, according to a U.N. food agency official. The huge backlog of grain shipments is unable to be transported out of Ukraine due to “infrastructure challenges” and blocked ports in the Black…

Conservatives Should ‘Use Power’ in Fighting Big Tech Censorship and Woke Companies: Legal Expert

American conservatives should use institutional authority to punish companies, including Big Tech corporations, that go “too woke” and control “every major cultural institution in America,” said a legal expert during a panel discussion on Thursday. “There is literally one institution, broadly speaking, that liberal progressives do not monolithically, unilaterally control.…

Chinese Communist Party Pressures Local Officials to Shut Down Shen Yun Performances in Mexico

The Chinese Communist Party (CCP) is pressuring local officials to shut down Shen Yun performances in Mexico, according to reports. China's communist government is seeking to block the performances by ramping up pressure via local Chinese embassies. A New York-based performing arts company on a mission to revive traditional Chinese…

US Economy Adds 428,000 New Jobs in April, Beating Forecasts

America's economy added 428,000 jobs in April, beating previous employment forecasts, according to the Bureau of Labor Statistics (BLS). The figure tops the market forecast of 391,000 for the month, the latest figures show. The unemployment rate is unchanged at 3.6 percent, however. Average hourly earnings rose at an annualized…

Janet Yellen Admits Biden’s Spending ‘Did Feed’ Inflation

Treasury Secretary Janet Yellen has admitted that Democrat President Joe Biden’s $1.9 trillion American Rescue Plan "did" contribute to inflation. Speaking during a Wednesday interview with The Wall Street Journal's editor-in-chief Matt Murray, the former head of the Federal Reserve conceded that the White House’s enormous spending had played a…

Producer Prices Soar to Record Highs in Eurozone as Stagflation Looms

Producer price inflation in the eurozone has soared to a record high in the year through March, according to a new report. The European Union’s statistical agency is reporting that consumers should expect prices to continue rising as inflation bites. The news delivers a fresh sign that inflationary pressures continue…

Federal Reserve Meeting in Focus as Sharp Rate Hike Expected to Fight Inflation

This week's two-day Federal Reserve policy meeting is a major focus point for investors, with markets expecting the central bank to press ahead with a sharp rate hike in an effort to relieve surging inflationary pressures. The Federal Open Market Committee (FOMC) is also expected formally announce the launch of…