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Economy

Jack Dorsey Keeps Stake in Twitter, Saving Elon Musk $1 Billion

November 1, 2022 - 11:16 amNovember 1, 2022 - 10:10 am by Nick R. Hamilton

Twitter co-founder and former CEO Jack Dorsey is keeping his stake in the company after it was acquired by Elon Musk.

Categories Economy Tags Business, Elon Musk, Jack Dorsey, News, Twitter 8 Comments

Biden Admin Looking to Block Some Depositions in Big Tech Censorship Case, but Not Fauci’s

October 30, 2022 - 10:43 amOctober 30, 2022 - 10:10 am by Nick R. Hamilton

Democrat President Joe Biden’s administration is seeking to block the deposition of several key officials in a Big Tech censorship case, but Dr. Anthony Fauci is not one of them.

Categories Economy Tags Biden, Big Tech, Business, Censorship, Fauci, News, Psaki 5 Comments

Japan Announces $485 Billion Spending Package to Counter Soaring Inflation

October 29, 2022 - 1:10 pmOctober 29, 2022 - 10:10 am by Nick R. Hamilton

Japan’s prime minister has announced a massive spending package that seeks to counter the nation’s rising inflation.

Categories Economy Tags Business, Fumio Kishida, Inflation, Japan, News, Spending 3 Comments

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
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