The producer price index (PPI) has surged 25 percent cumulatively since January 2021.
Few of 80 planned lithium projects in Nevada will survive litigative, regulatory review. Those that do may need subsidies to offset China ‘cartel’ price-fixing.
Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling electric […]
Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs. The Google spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal roles, but did not specify […]
Millions of illegal immigrants have entered the country during the Biden administration, posing significant economic and social challenges.
The owner of X challenged a court order in Brazil requiring the removal of certain accounts on the social media platform.
Many schools in Brazil reportedly use the company to provide internet access to their citizens.
The Biden administration aims to begin canceling interest balances for borrowers early this fall, before the election.
The labor market remains solid, proving to be a challenge for the Federal Reserve.
Amazon said Wednesday it’s cutting hundreds of jobs in its cloud computing unit AWS as part of a strategic shift. The company will trim “a few hundred roles” in the team that overlooks technology for physical stores, a move that comes just a day after Amazon said it was ditching Just Walk Out technology in […]
Judge James Hendrix said the Biden administration lacked authority under law to impose the gas emissions rule.
The devastation left behind after the powerless cargo ship struck a critical bridge support pillar is extensive.
Commentary The Biden administration regulators see a monopoly boogeyman behind the curtain of nearly every business merger and acquisition—from airlines to cellphones to chicken producers. Now they’re trying to stop Capital One from acquiring the credit card company Discover. That’s a bizarre cease-and-desist order, because this acquisition by Capital One would INCREASE rather than inhibit […]
The state’s price has hit $4.99, 17 cents more than last year. In Los Angeles and San Francisco it’s even higher.
The company warned its high voltage battery could experience a ‘thermal overload’ if charged to maximum capacity.
Commentary While the Federal Reserve and Janet Yellen thought they had overcome high inflation, inflation began to bottom out but now has signs to reflate. This is exactly the story of stagflation in the 1970s, where, at that time, the Federal Reserve also thought it had overcome inflation but, in fact, had not. Inflation is […]