A deaf Google employee tasked with censoring "misinformation" who was trumpeted by the company as exemplifying its commitment and success in promoting diversity has sued Google for allegedly...
Musk Twitter Purchase Still On Hold
Tesla CEO Elon Musk's Twitter takeover is on hold for now. Musk tweeted on Tuesday that he wants some questions answered before moving forward. "20% fake/spam accounts, while 4 times what Twitter...
Industrial Production Hits Record High in April
Industrial production reached a record high in the United States in April. Bloomberg reported that production volume outpaced expectations with a 1.1% increase in MoM (month-over-month) growth. A...
Gas Prices May Not Drop Anytime Soon
According to AAA, a gallon of gasoline costs, on average, $4.52 per gallon as of May 17, and that number continues to rise. As motorists experience this "pain at the pump," we wonder when we might...
Heinz Working on Paper-Based Sustainable Ketchup Bottle
The Pittsburgh-based Heinz company recently announced a partnership with a sustainable packaging technology company to replace its iconic ketchup bottle with a paper-based model made from wood pulp....
Diamond Prices on the Rise
Sanctions against one of the world's biggest diamond suppliers have caused diamond prices to spike worldwide. The global supply of rough diamonds has tightened since the United States imposed...
Samsung Raising Semiconductor Chip Prices 20%
The cost of consumer electronics will likely rise as Samsung raises prices for semiconductor chips. Samsung says price hikes will take effect after contracts with existing customers have been...
Labor Market Shows Signs of Cracking
ZeroHedge economists reported on Thursday that after the Federal Reserve's announcement that GDP shrank in Q1, the U.S. Labor Force was the last "pillar" holding up the U.S. Economy. Unfortunately,...
U.S. Import Prices Rise Less Than Expected
U.S. import prices remained flat in April as lower fuel prices offset higher prices in food and other consumer products, the Labor Department reported. According to the Labor Department’s Bureau of...
Federal Reserve Bank of Dallas Announces New President
The Federal Reserve Bank of Dallas named Lorie K. Logan its new president. She will replace Robert Kaplan, who retired last year. Currently, Logan's title is the manager of the System Open Market...
Twitter Deal on “Hold” Per Musk
The saga of Elon Musk's attempt to acquire Twitter took another shocking turn on Friday, May 13, with Musk announcing he put the deal "temporarily on hold." The number of bot, spam, and duplicate...
Consumer Debt Increasing in the United States
According to a report from Schiff Gold, the Federal Reserve says consumer debt in the United States is rising at an alarming rate as Americans experience the pinch of inflation. Hourly wages have...
Southwest Airlines Plans $2 Billion in Upgrades
Southwest Airlines has announced plans to invest $2 billion into "customer experience" upgrades to improve air travel for its passengers. The Dallas-based airline made its announcement in...
Gas Prices Spike Again in Texas
The price of fuel is rising, meaning people have to dish out more money to cover their traveling costs. The latest data from AAA shows that gas prices in Texas have hit an all-time high. The average...
DFW Airport Using Food Grease to Power Planes
DFW International Airport has begun utilizing spent cooking oil from its many restaurants' fryers as a more environmentally-friendly alternative to standard jet fuel. The recycling initiative is a...
Musk Would Lift Trump’s Twitter Ban, Dorsey Voices Support
Elon Musk said he would lift the permanent suspension on former President Donald Trump if he is successful in his attempt to buy Twitter. Musk, chief executive of Tesla and SpaceX, made the...
By Mary Dada | May 11, 2022
Robinhood New Stock Lending Feature
Robinhood Chief Brokerage Officer (CBO) Steve Quirk announced the company, a financial service firm founded in 2013, rolled out its Stock Lending Program on May 4, allowing customers to earn extra...
Shell Reports its Largest Quarterly Profit in 14 Years
As oil and gas prices continue to rise, the UK company Shell has recorded its most considerable quarterly profit since 2008. Shell reported earnings growth of $9.1 billion for the first quarter of...
Freight Demand Declining Throughout the U.S.
March, which is typically considered a robust month for trucking, was light in 2022. The freight truck transportation market was seen declining in March and was expected to hit a new low in the...
Fed Reports Biggest Rate Increase Since 2000
On Wednesday, the Federal Reserve stepped up its fight against the worst inflation in 40 years, raising interest rates by a half-point — its most aggressive move since 2000 — and signaling further...
Minor Sues Snapchat in Sexual Exploitation Case
A teenage girl has sued Snapchat, an instant video-messaging app, for failing to prevent her sexual exploitation on its platform when she was 12-years-old. The girl, now 16-years-old, identified as...