Archive for the 'Economy' Category
Janet Yellen Asked About Concerns Over U.S. Dollar’s Status as the World’s Reserve Currency
October 28th, 2024? NEW: Janet Yellen is asked about her concerns over the US dollar’s world reserve status. Before she can respond, the Treasury department sign crashes to the ground. Choose #Bitcoin. pic.twitter.com/64grGhBR7e — Cointelegraph (@Cointelegraph) October 28, 2024
Up to $41 Billion in World Bank Climate Finance Unaccounted for, Oxfam Finds
October 28th, 2024More billions in U.S. taxpayer money down the drain. Via: Oxfam: Up to $41 billion in World Bank climate finance —nearly 40 percent of all climate funds disbursed by the Bank over the past seven years— is unaccounted for due to poor record-keeping practices, reveals a new Oxfam report published today ahead of the World […]
California May Lose Two More Refineries That Produce 14% of Gasoline in the State
October 27th, 2024Via: Just the News: Short on the heels of another major refinery closure, Valero signaled it is considering closing its two California refineries that produce over 14% of the state’s gasoline. Refinery closures already have the state importing 8% of its gasoline supply, which means the state could soon have to significantly increase its imports […]
“Even the Amish Are Voting for Trump”
October 20th, 2024You know it’s getting weird out there when… Via: Nick Johnson:
UN in 2000: Replacement Migration: Is it A Solution to Declining and Ageing Populations?
October 18th, 2024And now… Bill Clinton: "We got the lowest birthrate we’ve had in well over a hundred years, we’re not a replacement level, which means we’ve gotta have somebody come here if we want to grow the economy.” Democrats want to replace American citizens with migrants. pic.twitter.com/v79VE48rHB — Steve Cortes (@CortesSteve) October 14, 2024 Via: United […]
Smart TVs a ‘Vast System of Digital Surveillance’ That Targets Everyone, Especially Kids
October 17th, 2024Via: The Defender: The streaming television industry has morphed into a vast data-driven viewer surveillance apparatus, transforming people’s TVs into tools for monitoring, tracking and targeting, according to a new report from the nonprofit Center for Digital Democracy. The 48-page report, “How TV Watches Us: Commercial Surveillance in the Streaming Era,” charts the evolution from […]
Amazon Goes Nuclear, to Invest More than $500 Million to Develop Small Modular Reactors
October 16th, 2024Via: CNBC: Amazon Web Services is investing more than $500 million in nuclear power, announcing three projects from Virginia to Washington state. AWS, Amazon’s subsidiary in cloud computing, has a massive and increasing need for clean energy as it expands its services into generative AI. It’s also a part of Amazon’s path to net-zero carbon […]
TD Bank Hit with Record US$3 Billion Fine Over Drug Cartel Money Laundering
October 16th, 2024Just another day at the office. Via: CTV News: TD Bank will pay US$3 billion to settle charges that it failed to properly monitor money laundering by drug cartels, regulators announced Thursday. The fine includes a US$1.3 billion penalty that will be paid to the U.S. Treasury Department’s Financial Crimes Enforcement Network, a record fine […]
Walgreens Closing 1,200 Stores
October 15th, 2024Via: Daily Mail: Walgreens said on Tuesday it would shut 1,200 stores over the next three years as new CEO Tim Wentworth plots a turnaround at the struggling pharmacy chain operator hit by sluggish consumer spending and low drug reimbursement rates.
America’s New Millionaire Class: Plumbers and HVAC Entrepreneurs
October 14th, 2024Private equity firms are buying up local home-services companies. Clearly, the goal is to reduce competition and drive the prices of services up. I wonder, does the situation then create opportunities for independent operators? Via: Wall Street Journal: PE firms across the country have been scooping up home services like HVAC—that is, heating, ventilation and […]
