Category: Economy
Biden Administration Invoke Defense Production Act, HHS Will Now Control Means of Production for Baby Formula and Ensure Distribution Equity
by Nate Houstman | May 20, 2022 | Business, Economy, Politics | 0 |
Joe Biden invoked the Defense Production Act (DPA) giving Health and Human Services (HHS) the legal authority to control the supplies needed for the creation of baby formula (how it is made), and the authority to determine distribution equity (who gets it).
Read MoreSen Hawley Destroys Biden Energy Secretary on Soaring Gas Prices
by Nate Houstman | May 20, 2022 | Economy, Politics | 0 |
On Thursday morning in a Senate Armed Services Committee hearing, Energy Secretary Jennifer Granholm repeatedly refused to acknowledge that the Biden administration’s war on U.S. energy had caused gas prices to rise since the “resident” took office and started cracking down on domestic energy production.
Even after Republican Senator Josh Hawley of Missouri laid out the proof of the Biden administration’s anti-fossil fuel policies that have limited supply and driven up costs, Granholm still wouldn’t accept any responsibility for the soaring cost of gas as the national average for regular unleaded hit another all-time high on Thursday morning.
Read MoreOne-Click Bitcoin Payments Are Now Available In 30 Countries
by Nate Houstman | May 19, 2022 | Business, Economy, Tech | 0 |
Primer, a global payment infrastructure provider, now allows merchants worldwide to accept bitcoin as payment through a 1-click checkout function through a partnership with OpenNode according to a press release.
OpenNode is a bitcoin payments infrastructure provider and with Primer’s leading commerce automation platform, users across the world will be able to access seamless payments using bitcoin.
Read MoreAfter Shoving Woke Politics Down The Throats Of Consumers, Disney’s Favourability Rating Takes Massive Dive
by Nate Houstman | May 19, 2022 | Business, Economy, Entertainment, Politics | 0 |
Disney’s favourability rating has taken a massive dive since last year, a new poll has revealed, which sees the company’s approval collapsing from 77% to an embarrassing 33% amongst respondents.
Read MoreRussia Will Inevitably Legalize Crypto Payments Says Trade Minister
by Nate Houstman | May 18, 2022 | Economy, Tech | 0 |
Russia will legalize crypto payments “sooner or later” according to the Ministry of Industry and Trade of the Russian Federation, Denis Manturov.
The country’s government has been exploring various crypto adoption plays throughout 2022, but is yet to finalize any concrete policy concerning digital asset payments. However, its legalization has been recommended by Russia’s finance ministry via its “On Digital Currency” bill from April.
Read MoreJeff Bezos Lashes Out at Joe Biden and The Democrats
Years after he avoided responding to attacks from politicians on all sides, the second richest man in the world has decided to fight back. As a challenger determined to bring down the defending champion, Bezos has chosen to be on the offensive. It is he who will dictate the fight by engulfing himself in any opening that his opponent will give him. His tactic is clear: takes a page out of Elon Musk’s book.
In two days, in two successive attacks, Bezos accuses the Biden administration of “misdirection.” Interestingly, the mogul’s attacks come as CEOs grapple with the impact of their policy interventions following the Florida governor’s decision to sanction Disney for taking a stand against the “Don’t Say Gay” bill in the state.
Read MoreBuy The Dip, Or Wait For Max Pain? Analysts Debate Whether Bitcoin Price Has Bottomed
by Nate Houstman | May 14, 2022 | Economy, Tech | 0 |
It has been a rough week for the cryptocurrency market, primarily because of the Terra ecosystem collapse and its knock-on effect on Bitcoin (BTC), Ethereum (ETH) and altcoin prices, plus the panic selling that took place after stablecoins lost their peg to the U.S. dollar.
The bearish headwinds for the crypto market have been building since late 2021 as the U.S. dollar gained strength and the United States Federal Reserve hinted that it would raise interest rates throughout the year.
Read MoreElon Musk Sends Twitter Stock Into Frenzy After Saying Deal For Site ‘Temporarily On Hold’
Elon Musk sent Twitter’s stock on a rollercoaster ride early Friday as he claimed that his $44 billion deal to take over the site was “temporarily on hold” — then insisted hours later that he was “still committed” to the buyout.
“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” the Tesla CEO said in an early Friday tweet at 5:44 a.m.
Read MoreWith Gas Prices at All-Time Highs, Biden Decides to Cancel Oil and Gas Lease Sales in Alaska and the Gulf of Mexico
by Nate Houstman | May 13, 2022 | Economy, Politics | 0 |
As gas prices reach new heights, Biden Administration cancels lease sales in Alaska and the Gulf of Mexico. This senile old man and those who handle him hate America. Every policy they make hurts Americans.
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