News Archives - Page 14 of 44

Over 40 Percent of Americans Expect Housing Market to Crash Next Year, Survey Shows

Over 40 percent of Americans say they believe the U.S. housing market will crash next year, a new real estate industry survey has revealed. According to the survey, conducted by LendingTree on more than 2,000 Americans, a lot of consumers have a very gloomy outlook about the market. Fears of…

Renowned Economist Nouriel Roubini Warns ‘The Mother of All Economic Crises Looms’

Renowned economist Nouriel Roubini has warned that "the mother of all economic crises" is now looming. Roubini says he fears policymakers will likely not be able to handle the scale of the impending economic crisis in the global economy. Roubini raised the alarm in a December 2 article for Project…

FTX CEO Sam Bankman-Fried Says He ‘Will Testify’ to Congress about Collapse

Sam Bankman-Fried, the former CEO of bankrupt cryptocurrency platform FTX, appears to be holding all the cards regarding his congressional investigation and has said he "will testify" about his company's collapse. In a statement Sunday, Bankman-Fried said that he “will testify” before Congress but left open the possibility that it…

Musk: ‘New Twitter’ Will Push Mainstream Media to Be More Truthful

Elon Musk has revealed the “new” version of Twitter will seek to push the mainstream media to become more truthful. Under his leadership, Musk says Twitter will put competitor pressure on the media to “stop toeing the line.” The comment was made during a live Q&A session on late December…

IRS Warns Americans: Report $600 Transactions from Payment Processors or Risk Audit

The Internal Revenue Service (IRS) is warning American taxpayers that failure to report transactions of $600 or more from payment processing services will run the risk of an audit. The IRS is cracking down on payments made through networks like Venmo, Paypal, and Cash App. The move comes as the…

Company Seeks to Build Terminal on Delaware River to Export LNG to Europe

An American energy company is seeking to build a new terminal on the Delaware River to export liquefied natural gas (LNG) to Europe. Penn American Energy is in the early stages of developing a $6.8 billion LNG export terminal in Pennsylvania. The state is the nation’s second-largest producer of natural gas,…

Oil Executives Say Biden Is ‘Holding Us Back,’ Dallas Federal Reserve Survey Shows

American oil company executives argue that President Joe Biden's policies are restricting the energy industry, a new survey has revealed. The third quarter Federal Reserve Bank of Dallas Energy Survey suggests that U.S. oil and gas sector activity advanced at a strong pace, although the rate of expansion decelerated in…

Over 2,000 Employers Sign Anti-Woke Pledge to Not Discriminate against Free Speech, Personal Beliefs of Workers

More than 2,000 employers across the country have signed an anti-woke pledge to promise that they will not discriminate against their workers' free speech rights and personal beliefs. The initiative is led by RedBalloon, a conservative-leaning job services company. RedBalloon is promoting an "Employee Bill of Rights" that seeks to…

Norway Bolsters Security of Vulnerable Undersea Cables after Nord Stream Pipeline Sabotage

Norway is bolstering its security of undersea cables after the recent sabotage of the underwater Nord Stream pipeline system exposed critical vulnerabilities. The Norwegian government announced it is boosting security around vulnerable undersea fiber optic cables. The cables are vital to the country’s oil and gas production. Officials said the…

Local Governments Mobilize Veterans to Cover Worker Shortage at Foxconn over Revenue Loss Fears

Local governments in China are mobilizing military veterans to cover the worker shortage at Foxconn as violent protests over Covid lockdown measures continue to escalate at the world's largest Apple iPhone factory. The combination of the protests and the Chinese Communist Party's ongoing zero-Covid approach has created a shortage of…