Category: Business & Markets

‘The Endgame Is Power’: Rep. Ralph Norman on Trump’s Indictment and the WHO Pandemic Treaty

“It’s a travesty of justice. This is what happens in third world countries.” In this episode of ATL, I sit down with Rep. Ralph Norman (R-S.C.) to discuss Trump’s arraignment, in which the former president is pleading not guilty to federal charges. “It’s a dog and pony show and we’ll see how it turns out….


Tough Business Conditions in May Signal More Trouble for Australia’s Economy

The Australian economy is showing obvious signs of a slowdown as local enterprises report declining activities and more challenging business conditions in May, a new report has revealed. According to the latest business survey by the National Australia Bank (NAB), businesses across industries were running out of work to do, implying a worrying trend for…


House Passes Another Bill Protecting Gas Stoves From Being Banned

The House on June 14 passed another piece of gas stove legislation. Voting in favor of the Save Our Stoves Act—a bill that would block the Department of Energy’s proposed efficiency rule on gas stoves and similar appliances—were 249 representatives, while 181 went against the measure. The legislation passed just one day after the House…


Social Security Adjustment May Be Smaller Than Previously Estimated, Group Says

A seniors group said that Social Security’s cost-of-living adjustment (COLA) might be smaller for 2024 than previously estimated. The Senior Citizen’s League said the latest data from the U.S. Bureau of Labor Statistics suggests that the COLA, which will be announced later this year, will likely be around 2.7 percent. The previous estimate from the Senior…


Amazon Locked Man Out of Smart Home Devices for a Week After False Racism Accusation

A Maryland man was recently locked out of his Amazon smart home system after a delivery driver reported hearing a racial slur while dropping off a package. In a June 4 blog post on Medium, Brandon Jackson described his week-long ordeal of being locked out of the Amazon account he used to control many of…


Google Faces Forced Break-Up as EU Regulators Allege Anti-Competitive Violations

Google has been accused of breaching antitrust rules in the European Union (EU), and the bloc’s regulators have issued a preliminary assessment that the only solution to addressing their competition concerns is to force Google to break up. The European Commission (EC), which serves as the executive branch and primary antitrust regulator of the bloc,…


Stop Crypto Crime of Rogue States Like China by Banning Cryptocurrency

Commentary North Korea stole over $3 billion worth of cryptocurrency, which funds approximately 50 percent of its nuclear weapons development, according to a Wall Street Journal report on June 11. The massive crypto haul is in addition to hundreds of millions of dollars that the rogue state, supported by Russia and China, has stolen or…


Trump Responds to Jake Tapper Asking CNN to Cut Footage of Trump Supporters

Former President Donald Trump responded to on-air comments made by CNN’s Jake Tapper on Tuesday, in which the anchor demanded the network cut footage of Trump’s event that showed enthusiastic supporters. During CNN’s broadcast, Tapper asked staffers to cut footage of Trump meeting with supporters in Florida, coming minutes after the former president pleaded not…


Biden’s Labor Chief Visits California Amid West Coast Port Negotiations

Acting U.S. Labor Secretary Julie Su visited California on June 13 amid West Coast port contract negotiations. Su met with employers and the dockworkers union in an effort to help the two sides come to a compromise in a long-running contract negotiation. West Coast ports have faced labor disruptions that have caused delays and prompted ocean…


Federal Reserve Keeps Interest Rates Unchanged, Leaves Door Open to More Rate Hikes

For the first time in more than a year, the Federal Reserve has left interest rates unchanged but signaled that two more rate hikes are poised to happen this year. The benchmark federal funds rate held steady at a range of 5.00 and 5.25 percent, effectively ending the streak of ten consecutive rate hikes. “Holding…