Russia halted gas exports to neighboring Finland on Saturday, a highly symbolic move that came just days after the Nordic country announced it wanted to join NATO and marked a likely end to Finland’s nearly 50 years of importing natural gas from Russia. The measure taken by the Russian energy… Read More
Businesswoman saves gas money with horse and carriage
Stephanie Kirchner’s journey to work has got longer but, she says, cheaper: she has left her SUV at home and switched to real horse power. Stud farm owner and horse trainer Kirchner, 33, says she decided “it can’t go on like this” after fuel prices jumped following the Russian invasion… Read More
BLM and the missing millions
New questions are being raised over Black Lives Matter – the big-money organization, not the concepts behind the slogan – amid revelations over how the nonprofit group spent tens of millions of dollars in donations. Or as one founder called it: “white guilt money.” A new analysis of the group’s… Read More
Dollar surges to 2-decade high amid Fed action
The U.S. dollar’s value surged in April as investors sought refuge amid the Federal Reserve’s aggressive shift to fight rising inflation. Rising inflation that has caused the biggest jump in prices in 40 years has spurred the Federal Reserve to aggressively raise interest rates, which increases demand for U.S. dollars…. Read More
U.S. Senate overwhelmingly approves $40 billion aid for Ukraine
The Senate overwhelmingly approved a $40 billion infusion of military and economic aid for Ukraine and its allies on Thursday as both parties rallied behind America’s latest, and quite possibly not last, financial salvo against Russia’s invasion. The 86-11 vote gave final congressional approval to the package, three weeks after… Read More
Mississippi man pleads guilty to misusing pandemic relief loan
A Mississippi man pleaded guilty Monday to a federal wire fraud charge for misusing more than $6 million in business loans through a pandemic relief program, prosecutors said. Rather than use the money for his businesses, Christopher Paul Lick admitted using it for personal investments in the stock market and… Read More
Consumer resilience: Retail sales rise 0.9% despite inflation
U.S. retail sales rose 0.9% in April, a solid increase that underscores Americans’ ability to keep ramping up spending even as inflation persists at nearly a 40-year high. The increase was driven by greater sales of cars, electronics, and at restaurants, the Commerce Department said Tuesday. Even adjusting for inflation,… Read More
Elon Musk backs out of Twitter deal!?
Tesla CEO Elon Musk says his deal to buy Twitter can’t move forward unless the company shows public proof that less than 5% of the accounts on the social media platform are fake or spam. Musk made the comment in a reply to another user on Twitter early Tuesday. Sponsored:… Read More
Bitcoin tumbles amid a wild week in cryptocurrency
It’s been a wild week in crypto, even by crypto standards. Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry’s highest-profile companies lost a third of its market value. Here’s a look at some major developments in cryptocurrencies this week: Sponsored: Do This DIY Lung Cancer… Read More
Officials: China’s economy rebounds amid COVID relaxation
China’s factory and consumer activity fell even more than expected in April under anti-virus controls, official data showed Monday, but a Cabinet official said the economy is reviving as anti-virus curbs ease and its commercial capital of Shanghai reopens. The slump in the second-biggest economy fueled fears global manufacturing and… Read More
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