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Economy

Elon Musk’s Plans for Free Speech Now He Owns Twitter

October 28, 2022 - 10:43 amOctober 28, 2022 - 10:10 am by Nick R. Hamilton

Several months after he first made his move, billionaire Elon Musk’s acquisition of Twitter is finally complete.

Categories Economy Tags Big Tech, Business, Censorship, Elon Musk, Free Speech, News, Twitter Leave a comment

Meta Fined $24.7 Million for Violating Campaign Finance Laws in Washington State

October 27, 2022 - 10:10 am by Nick R. Hamilton

Big Tech giant Meta Platforms Inc. has been fined $24.6 million for violating campaign finance transparency laws in Washington state.

Categories Economy Tags Big Tech, Business, Court, Facebook, Mark Zuckerberg, Meta, News 3 Comments

Steven Mnuchin Warns America Is in a Recession That Will Continue for Years

October 27, 2022 - 8:24 am by Nick R. Hamilton

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.

Categories Economy Tags Business, Economy, News, Recession, Steve Mnuchin Leave a comment

Yellen Admits Inflation Could Get Worse but Has ‘Confidence’ It’ll Get Better, Eventually

October 25, 2022 - 10:45 amOctober 25, 2022 - 10:10 am by Nick R. Hamilton

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.”

Categories Economy Tags Business, Economy, Inflation, Janet Yellen, News, Treasury 6 Comments

Bernie Sanders Opposes Calls to Eliminate Debt Ceiling as GOP Prepares to Fight Over Spending Cuts

October 24, 2022 - 10:52 amOctober 24, 2022 - 10:10 am by Nick R. Hamilton

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.

Categories Economy Tags Bernie Sanders, Business, Debt Ceiling, News 3 Comments

Commercial Barge Lines Struggle as Water Levels Plummet in Drought-Stricken Mississippi River

October 24, 2022 - 4:37 amOctober 23, 2022 - 10:10 am by Nick R. Hamilton

Water levels in the Mississippi River and continuing to plummet amid drought-stricken conditions, causing major problems for commercial barges that use the waterways.

Categories Economy Tags Business, Mississippi, News, Water 2 Comments

RNC Sues Google for ‘Censorship’ of Republican Emails

October 23, 2022 - 5:09 amOctober 22, 2022 - 10:10 am by Nick R. Hamilton

The Republican National Committee (RNC) has filed a lawsuit against Big Tech giant Google for the “censorship” of its campaign emails.

Categories Economy Tags Business, News 3 Comments

US Housing Recession Deepens as Existing Home Sales Fall to 10-Year Low

October 21, 2022 - 10:42 amOctober 21, 2022 - 10:10 am by Nick R. Hamilton

As the U.S. housing recession worsens, existing home sales have fallen to their slowest pace in 10 years, according to reports.

Categories Economy Tags Business, Economy, Housing Market, News, Real Estate, Recession 1 Comment

Elon Musk Confirms Tesla to Build Lithium Refinery in Texas

October 20, 2022 - 11:24 amOctober 20, 2022 - 10:10 am by Nick R. Hamilton

Tesla CEO Elon Musk has confirmed that the electric vehicle company is pressing ahead with plans to build a lithium refinery in Texas.

Categories Economy Tags Business, Elon Musk, Lithium, News, Tesla, Texas 1 Comment

Jeff Bezos Issues Grim Warning on the Economy: ‘Batten Down the Hatches’

October 20, 2022 - 7:04 am by Frank Bergman

Amazon founder Jeff Bezos has issued a grim warning about where the economy is heading.

Categories Economy, News Tags Economy, Inflation, Jeff Bezos, Recession 3 Comments
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