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Russia Halts Gas Flows to Europe, Germany Claims ‘No Cause for Alarm’ Yet

August 31, 2022 - 12:11 pmAugust 31, 2022 - 10:10 am by Nick R. Hamilton

Russia has halted gas supplies to Europe via a key European supply route citing maintenance issues, according to reports.

Categories Economy Tags Business, Europe, Gas, Germany, News, Nord Stream 2, Russia 3 Comments

‘Black Swan’ Author Says Colleges Should Pay for Biden’s Student Loan Wipeout, Not Taxpayers

August 30, 2022 - 1:35 pmAugust 30, 2022 - 10:10 am by Nick R. Hamilton

Economist Nassim Nicholas Taleb has criticized President Joe Biden’s controversial student loan debt forgiveness plan.

Categories Economy Tags Biden, Business, Economist, Nassim Nicholas Taleb, News, Student Loans 6 Comments

Germany’s Fears of Winter Gas Shortages Ease as Storage Fills up Faster than Expected

August 29, 2022 - 11:23 amAugust 29, 2022 - 10:10 am by Nick R. Hamilton

Germany’s Economy Minister Robert Habeck has announced that the German government’s fears of major natural gas shortages over the winter are easing.

Categories Economy Tags Business, Energy Crisis, Europe, Germany, Natural Gas, News Leave a comment

Facebook to Settle Cambridge Analytica Data Privacy Lawsuit

August 28, 2022 - 1:08 pmAugust 28, 2022 - 10:10 am by Nick R. Hamilton

Meta’s Facebook has agreed to settle a lawsuit that alleges the social media platform inappropriately shared user data with third parties, including Cambridge Analytica.

Categories Economy Tags Business, Cambridge Analytica, Facebook, Lawsuit, Meta, News 1 Comment

Fed’s Powell Warns of Economic Pain: Inflation Fight Will Last ‘Some Time’

August 28, 2022 - 6:43 amAugust 27, 2022 - 10:10 am by Nick R. Hamilton

Federal Reserve Chairman Jerome Powell has warned Americans to brace for a long period of economic pain, revealing that he expects the fight against inflation will last “for some time.”

Categories Economy Tags Business, Economy, Federal Reserve, Inflation, Interest Rates, Jerome Powell, News 4 Comments

Elon Musk’s SpaceX Partners with T-Mobile to Fill Cellphone Network ‘Dead Zones’

August 26, 2022 - 10:48 amAugust 26, 2022 - 10:10 am by Nick R. Hamilton

Elon Musk’s SpaceX is partnering with T-Mobile to fill “dead zones” in the cellphone provider’s network across the United States. 

Categories Economy Tags Business, Cellphone, Elon Musk, News, SpaceX, Starlink, T-Mobile 3 Comments

Biden’s Student Loan Forgiveness Benefits White House Staffers, Watchdog Reveals

August 25, 2022 - 10:54 amAugust 25, 2022 - 10:10 am by Nick R. Hamilton

President Joe Biden’s newly announced student loan forgiveness scheme will benefit several White House staffers, a watchdog group has revealed.

Categories Economy, Politics Tags Biden, Business, Inflation, News, Student Loans 2 Comments

Lawmakers Investigating Twitter over Whistleblower’s Explosive Allegations

August 24, 2022 - 10:58 amAugust 24, 2022 - 10:10 am by Nick R. Hamilton

Congressional lawmakers are investigating explosive allegations made against Twitter by a whistleblowing former executive.

Categories Economy Tags Big Tech, Business, Elon Musk, Fraud, News, Parag Agrawal, Twitter, Whistleblower 2 Comments

European Central Bank: Cash ‘Not Fit’ for Digital Economy

August 23, 2022 - 11:21 amAugust 23, 2022 - 10:10 am by Nick R. Hamilton

The European Central Bank (ECB) has dismissed privacy concerns about a central bank digital currency (CBDC) and declared that physical cash is “not fit” for a digital economy.

Categories Economy Tags Business, Cash, CBDC, Christine Lagarde, European Central Bank, News 4 Comments

Soaring Inflation Drives up Cost of Raising a Child by More Than $1,500 per Year

August 22, 2022 - 8:26 amAugust 21, 2022 - 10:10 am by Nick R. Hamilton

Soaring inflation has driven up the cost of raising a child by more than $1,500 per year, a new report has revealed. 

Categories Economy Tags Business, Children, Families, Inflation, News, Parents 1 Comment
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