A mandatory industry code of conduct is expected to make gas available for Australian users at “reasonable” prices for the next two years. The gas industry says the test for the code will be whether it supports urgently needed investment to bring on new gas supply to avert future shortfalls and put downward pressure on…
ANALYSIS: How the Pandemic Impacted Trade Between the US and Mexico
Officials and experts along the U.S.-Mexico border said that over $1 trillion worth of trade a year between the two countries has finally recovered after taking a hit during the COVID-19 pandemic, with many manufacturers relocating to Mexico, where they export goods to the United States. During the pandemic, from 2019 to 2020, the value…
Phillips Curve Breaks Down Under High Inflation
Commentary International organizations such as International Monetary Fund (IMF), World Bank (WB), and Organization for Economic Co-operation and Development (OCED) have revised upward their economic forecasts in turn. Were their forecast updates correct, this would mean the global tightening is not strong enough, and probably not enough to bring down inflation to the 2 percent…
Student Loan Payments Will Restart Soon: Here’s the Timeline Borrowers Should Know
Federal student loan payments have been on pause since March 2020. But soon that will change. The U.S. Department of Education, which oversees a $1.6 trillion portfolio in federal student loan debt owed by about 43 million Americans, has posted a notice at the top of its student aid website, confirming when borrowers should start…
Wall Street Subdued at Open as Investors Await Fed Decision
Wall Street’s main indexes were subdued at open on Wednesday as investors geared up for the Federal Reserve’s interest rate decision later in the day, while shares of UnitedHealth fell after the insurer warned of higher medical costs. The Dow Jones Industrial Average fell 167.42 points, or 0.49 percent, at the open to 34,044.70. The…
[PREMIERE NOW] “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….
[ATL:NOW] 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….
Bud Light Sales Slump Deepens as Fallout From Transgender Controversy Continues
The latest industry figures show that Bud Light’s sales slump deepened into June as the fallout from the brand’s engagement with transgender influencer Dylan Mulvaney continues to strain the brand’s bottom line. Sales volumes of Bud Light plunged by 24.4 percent in the week ended on June 3, according to Nielsen IQ sales data via…
Binance.US Says SEC’s Temporary Restraining Order Would Destroy the Company
Binance said that the Securities and Exchange Commission’s (SEC) move to freeze the assets of its American affiliate, Binance.US, would effectively destroy the crypto exchange. The SEC filed a temporary restraining order on June 12,to freeze Binance.US’s funds until it was able to prove that no one at the firm, including its CEO, Changpeng “CZ” Zhao, could access…
UK Economic Growth in April Driven by Consumer Spending: ONS
The UK economy rebounded in April, following weaker performance in March, official figures have shown. Britain’s GDP increased by 0.2 percent, marking growth after the 0.3 percent contraction in March. The Office of National Statistics (ONS) reported that increased consumer spending was one of the factors causing the rise. Wholesale and retail trade, car and…
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