Facebook parent Meta defends itself after turning private messages over to cops in abortion investigation
Facebook's parent company Meta issued a statement over their participation in a Nebraska police investigation that resulted in criminal charges for an alleged illegal abortion
China voices opposition to new $52 billion US CHIPS and Science Act
China put out a statement Wednesday that the U.S. is threatening the Chinese economy with the CHIPS and Science Act, which promises $52 billion in grants to U.S. semiconductor producers.
Germany faces possible $265 billion loss in added value as a byproduct of war and high energy prices
The German economy is positioned to possibly lose 260 billion euros by 2030 due to the war in Ukraine and surging gas prices, which would spell disaster for their economy.
Tesla announces lobbying efforts to build 'advanced manufacturing facility' in Canada
Tesla has disclosed that they are currently lobbying the Canadian Government to build a massive "advanced manufacturing facility" in the country, and have 10-12 total worldwide.
Russian airlines start stripping old jets for parts as sanctions continue
Sanctions against Russia have made it impossible for them to acquire jet parts from abroad or undergo repairs in the West, which has led to Russia stripping old jets for parts.
Chinese companies distance themselves from Taiwan after Pelosi trip fallout
Chinese companies are desperately trying to distance themselves from Taiwan after Nancy Pelosi's trip to the country, which sparked Chinese military drills on the border.
Fed will ‘absolutely’ raise interest rates in September with focus to lower inflation: SF Fed pres Mary Daly
San Francisco Fed President Mary Daly said the central bank will raise interest rates in September and promised it was "far from done" in helping to bring down inflation.
Former Twitter CEO Jack Dorsey responds to China's draconian COVID policies: 'End the CCP'
Jack Dorsey responded to a news segment on the Chinese government's approach to COVID-19 restrictions, saying on Twitter: “End the CCP."
Walmart, Oracle, Robinhood lead job cuts this week
A number of layoffs were announced this week, led by Walmart, Oracle and Robinhood as inflation takes a toll despite a stronger-than-expected jobs report.
Eastern Europe's economic boom falters as inflation reaches double digits in the region
After the Russian invasion of Ukraine, western Europe's economy faltered, while eastern Europe's economy continued to boom. This is changing as inflation reaches double digits in the region.
Biden 'bragging' about economy while Fed goes in 'opposite direction' of taming inflation: Andy Puzder
Former CKE Restaurants CEO Andy Puzder reacts to the July jobs report, warning economic negatives are getting ignored while positives are overemphasized.
Russia bans investors from 'unfriendly countries' from selling shares in Russian energy or banking
Russia has announced a ban on investors from "unfriendly countries" from selling any shares in key energy projects or banks for the remainder of this year.
Who will pay for the balance of capping insulin prices? Everyone else.
The cost of insulin is difficult to cap but Democrats are attempting to lower the price through their social spending bill set to raise $739 billion in tax revenues.
India looks to strengthen rules around mergers and acquisitions scrutiny
India seeks to tighten the rules around mergers and acquisitions scrutiny as the country has very weak anti-trust laws, leading to unfair competition.
Battle over semiconductor market leads to Chinese buying of chipmaking stocks
The battle between China and the United States over the semiconductor market is heating up, leading to China buying massive amounts of chipmaking stocks.
Russian authorities ramping up rhetoric around 'unfriendly currencies,' considering converting to other assets
Russian authorities are ramping up rhetoric around so-called "unfriendly currencies," such as the U.S. dollar, and calling to convert these currencies to other assets and currencies.
India slows rate of new currency being introduced into its economy
India has slowed the rate of introducing new currency into their economy by nearly half after the economy sees post-COVID rebound. Indian market participants expect another drop this year.
Mortgage rates slide below 5%
Freddie Mac said mortgage rates fell for a second week, dipping below 5% for the first time since April. A Freddie Mac economist predicts rates will remain variable.
Hundreds of Amazon warehouse workers walk out over pay, UK union says
Hundreds of Amazon warehouse workers in southeast England are protesting over low wages and increased cost of living. Amazon has faced criticism from workers previously.
Romanian Black Sea port finally receives its first shipment of Ukrainian grain amid food crisis
After months of a food crisis across eastern Europe, the first Ukrainian shipment of grain since the beginning of the Russia-Ukraine conflict has finally arrived in Romania.



















