With inflation at its highest point in three decades, the Federal Reserve is set this week to begin winding down the extraordinary stimulus it has given the economy since the pandemic recession struck early last year, a process that could prove to be a risky balancing act. Chair Jerome Powell… Read More
John Kerry cashing in on slave labor?
“On the Holmes Front,” with Frank Holmes Former Secretary of State John Kerry may not be popular, but there is no denying that he’s got a head for numbers. He was smart enough to marry an incredibly wealthy woman and live off her fortune. And he’s used the wealth they’ve… Read More
Stocks pulled down by Big Tech
Stocks are falling at the open on Wall Street Friday, following European and Asian markets lower as leaders of the Group of 20 large and fast-growing economies meet in Rome to confront a faltering recovery. Some Big Tech stocks were dragging major indexes off record highs set earlier in the… Read More
Distressed Chinese developer makes delayed bond payment
A troubled Chinese developer whose struggle to avoid a multibillion-dollar debt default has rattled global financial markets made an overdue $45.2 million payment on a bond Friday, one day before it would have been declared in default, a newspaper reported. Evergrande Group made the payment on a $951 million bond… Read More
Amidst multiple crises, Facebook Inc. renames itself Meta
Like many companies in trouble before it, Facebook is changing its name and logo. Facebook Inc. is now called Meta Platforms Inc., or Meta for short, to reflect what CEO Mark Zuckerberg said Thursday is its commitment to developing the new surround-yourself technology known as the “ metaverse.” But the… Read More
Biden nixes paid family leave amid Democrat infighting
President Joe Biden traveled to Capitol Hill early Thursday to make the case to House Democrats for a dramatically scaled-back domestic policy package, $1.75 trillion of spending package the White House believes can pass the 50-50 Senate. Biden is eager to have a deal in hand before he departs later… Read More
Facebook exec not happy with whistleblower claims
Monika Bickert, Facebook’s head of global policy management, says the social media giant does not prioritize engagement and user growth over safety. That contradicts Senate testimony by whistleblower Frances Haugen, who claims Facebook knows its systems harm vulnerable people and hasn’t made meaningful changes to prevent it. The platform is… Read More
Liberal city may “re-fund” the police
Austin, Texas slashed its police budget in August 2020. The city council lowered the budget from $434.5 million to $292.2 million as part of the “defund the police” movement. Local governance slashed the budget by about a third… all with little input from voters. Now, voters want a say —… Read More
Prosecutors drop felony charge over 43 cents’ worth of Mountain Dew
Pennsylvania prosecutors have dropped a felony theft charge against a man who underpaid for a bottle of Mountain Dew by 43 cents. Prosecutors in Perry County dropped the theft charge this month against Joseph Sobolewski, 38, and downgraded another charge, the Patriot-News reported Tuesday. Sponsored: What eggs do to senior… Read More
Senators unhappy with Big Tech’s ‘tweaks’
YouTube, TikTok and Snapchat are offering only “tweaks and minor changes” in their operations to ensure young users’ safety amid rising concern over the platforms’ potential harm to children, the head of a Senate panel told the companies’ executives Tuesday. “Everything you do is to add more eyeballs, especially kids’,… Read More
- ‹ Previous Page
- 1
- …
- 227
- 228
- 229
- 230
- 231
- …
- 337
- Next Page ›