News Archives - Page 8 of 44

U.S to Sell 26 Million Barrels of Oil from Strategic Petroleum Reserve, Will Hit Lowest Level in 40 Years

The Biden administration is planning to sell off millions of barrels of oil from America's Strategic Petroleum Reserve (SPR). 26 million barrels will be sold this fiscal year, a move that will cause the SPR to drop to its lowest level in 40 years. The sell-off comes after a sale…

‘World’s First’ Dating Service for Unvaccinated Launches

A new dating site has launched that is for unvaccinated singletons only, marking a world's first. The company's founders see a growing need for matching like-minded people in a climate of medical censorship and hostility. Businesswomen Shelby Thomson and Heather Pyle of Maui, Hawaii, found the online dating game a…

America Sends Message to CEOs: Drop the ‘Woke’ and Get Back to Business

Americans want corporations to drop their "woke" agendas and get back to focusing on their business, a new survey has revealed. Companies across the country are gearing up for an economic downturn by cutting costs and staff. However, CEOs might want to heed the rising voice of consumers who want…

EU Complains Twitter Not Interested in Complying with Censorship Demands

Officials in the European Union (EU) are complaining that Elon Musk's Twitter appears to have no interest in complying with the bloc's censorship demands. EU authorities have raised concerns that Twitter doesn’t seem to be taking the European Commission’s fight against “disinformation” seriously. According to the governing body, Twitter produced…

Biden Pushes Billionaire Tax in SOTU Address, Quadrupling Stock Buyback Levy

President Joe Biden urged billionaires and corporations to “pay their fair share” during his State of the Union address on Tuesday night. In his second SOTU speech, Biden repeated the administration’s concept of “reward work, not just wealth.” The president proposed instituting a minimum tax on billionaires and quadrupling…

Experts Explain How to Get 2023 Tax Refund as Quickly as Possible

Those who want their refunds back as quickly as possible should file electronically and ask for a refund via direct deposit to their accounts, according to tax attorneys and accountants. “If at all possible, file electronically, and request that you receive your refund by direct deposit,” tax attorney Adam Brewer…

Musk Didn’t Defraud Investors with 2018 Tesla Tweets, Jury Finds

A jury has decided that Elon Musk did not defraud investors with tweets about his electric automaker Tesla in 2018. The proposed deal Musk tweeted about quickly unraveled and raised questions about whether the billionaire had misled investors. On Friday, the nine-member jury reached its verdict after less than two…

American Firms Are Investing Billions in Chinese AI, Report Shows

American companies are heavily bankrolling the Chinese artificial intelligence (AI) sector, according to a new report. Between 2015 and 2021, U.S. firms were involved in at least 37 percent of the total investment transactions in China’s AI industry. The investments were revealed in a new report (pdf) published by the…

Job Openings Rose Unexpectedly in December, Demand for Tech Workers Fell

The jobs market increased at the end of last to beat expectations, according to the latest data from the Bureau of Labor Statistics (BLS). Job openings increased to 11 million in December, up from 10.5 million the previous month. Meanwhile, the number of quits declined slightly, to 4.1 million, down from…

Republicans Push for Stricter Controls on Exports to China

Republicans are pushing for stricter controls on exports to China, citing lax enforcement of current measures. Rep. Michael McCaul (R-TX), the new chairman of the House Foreign Affairs Committee, warns that the Chinese military could easily access sensitive technologies without better protections. On January 13, McCaul sent a letter (pdf)…