Japan Announces $485 Billion Spending Package to Counter Soaring Inflation
Japan’s prime minister has announced a massive spending package that seeks to counter the nation’s rising inflation.
Economy
Elon Musk’s Plans for Free Speech Now He Owns Twitter
Several months after he first made his move, billionaire Elon Musk’s acquisition of Twitter is finally complete.
Meta Fined $24.7 Million for Violating Campaign Finance Laws in Washington State
Big Tech giant Meta Platforms Inc. has been fined $24.6 million for violating campaign finance transparency laws in Washington state.
Steven Mnuchin Warns America Is in a Recession That Will Continue for Years
Former U.S. Treasury Secretary Steve Mnuchin has warned that America is in the grips of a recession that will now continue for the next couple of years.
Yellen Admits Inflation Could Get Worse but Has ‘Confidence’ It’ll Get Better, Eventually
Treasury Secretary Janet Yellen has admitted that inflation could get worse but insists that she has “confidence” that price pressures will ease “over the next year or two.”
Bernie Sanders Opposes Calls to Eliminate Debt Ceiling as GOP Prepares to Fight Over Spending Cuts
Sen. Bernie Sanders (I-VT), chair of the Senate Budget Committee, has said he opposes calls to eliminate America’s debt ceiling but insists that he supports raising it.
Commercial Barge Lines Struggle as Water Levels Plummet in Drought-Stricken Mississippi River
Water levels in the Mississippi River and continuing to plummet amid drought-stricken conditions, causing major problems for commercial barges that use the waterways.
RNC Sues Google for ‘Censorship’ of Republican Emails
The Republican National Committee (RNC) has filed a lawsuit against Big Tech giant Google for the “censorship” of its campaign emails.
US Housing Recession Deepens as Existing Home Sales Fall to 10-Year Low
As the U.S. housing recession worsens, existing home sales have fallen to their slowest pace in 10 years, according to reports.
Elon Musk Confirms Tesla to Build Lithium Refinery in Texas
Tesla CEO Elon Musk has confirmed that the electric vehicle company is pressing ahead with plans to build a lithium refinery in Texas.