Category: Business & Markets

GM to Invest $500 Million at Plant That Makes Large SUVs in Arlington, Texas

DETROIT—General Motors said Thursday that it will sink more than $500 million into its Arlington, Texas, assembly plant to get ready for the next generation of big SUVs with internal-combustion engines. The company said the plant will get new equipment for metal stamping, the body shop, and general assembly. No new jobs will be created…


Mr. Bean Actor Says the Electric Car ‘Honeymoon’ Is Over

The actor and comedian behind the popular Mr. Bean character has called on drivers to hold off buying an electric vehicle (EV), saying the environmental benefits do not stack up. Rowan Atkinson, a long-time motor enthusiast with a degree and master’s in electrical engineering, said current EV technology was more harmful to the environment than…


Stock Market Today: Bulls Run Again on Wall Street as S&P 500 Climbs 20% Above October Low

NEW YORK—Stocks rose just enough Thursday for Wall Street to barrel into a new bull market as the S&P 500 keeps rallying off its low from last autumn. The index rose 0.6 percent to carry it 20 percent above a bottom hit in October. That means Wall Street’s main measure of health has climbed out of…


A Quarter of Homes in Eastern Australia Purchased Without Mortgage in 2022

Over a quarter of residential properties purchased in Australia’s eastern states in 2022 were mortgage-free, indicating that a significant portion of the population was not affected by interest rate hikes. Property data firm PEXA has released a report that analyses residential property purchases in the states of New South Wales (NSW), Victoria and Queensland between…


Closing Prices for Crude Oil, Gold, and Other Commodities (June 8)

Benchmark U.S. crude oil for July delivery fell $1.24 to $71.29 a barrel Thursday. Brent crude for August delivery fell 99 cents to $75.96 a barrel. Wholesale gasoline for July delivery fell 3 cents $2.61 a gallon. July heating oil fell 1 cent to $2.39 a gallon. July natural gas rose 2 cents to $2.35…


How Major US Stock Indexes Fared June 8

Stocks rose just enough for Wall Street to barrel into a new bull market Thursday as the S&P 500 keeps rallying off its low from last autumn. The index rose 0.6 percent to carry it 20 percent above a bottom hit in October. That means Wall Street’s main measure of health has climbed out of…


[PREMIERING 6/9, 9:30AM ET] JP Sears: Is Idiocracy the Gateway Drug That Leads to Communism? Can Comedy Be the Antidote? [ATL:NOW]

“Idiocracy is the gateway drug that leads to communism,” says comedian JP Sears. Before the spring of 2020, Sears said he took America’s freedoms for granted. It wasn’t until the pandemic that he became aware of the extent of government and media corruption, hypocrisy, and brainwashing. “[When we] try to deny reality, it literally makes…


Biden, British PM Strike New Economic Partnership, Touting ‘Indispensable Alliance’

President Joe Biden and British Prime Minister Rishi Sunak have struck a new economic agreement to strengthen economic ties between their two nations and address the challenges of a “rapidly changing world.” “Today in Washington, we’ve had important and positive discussions to deepen our bilateral economic relationship and expand our cooperation to shape the challenges…


Bud Light No Longer the Top-Selling Beer Brand in US Amid Boycott

Bud Light is no longer the top-selling beer brand in the United States amid a boycott over the company’s decision to produce a promotional beer can for transgender influencer Dylan Mulvaney. Industry figures provided to Newsweek show that Modelo Especial’s sales topped $333 million in the four weeks that ended on May 28, compared with Bud…


Instagram Algorithms Promote Pedophile Networks: Investigation Finds

Instagram’s algorithms connect a vast network of pedophiles, an investigation by The Wall Street Journal, Stanford University, and the University of Massachusetts Amherst discovered. An investigaton by the Stanford Internet Observatory’s chief technologist, David Thiel, research manager Renée DiResta, and director Alex Stamos discovered that a massive network of English-speaking social media accounts buy, sell,…