Commentary The existence of the Federal Reserve is a serious national problem. It’s funding uncontrolled debt expansion. It enables the global military empire and war. It tempts every politician and bureaucrat to believe that there are no limits. It creates the illusion that anything else is possible for both government and the big corporate empires…
2 Passengers Arrested for Unruly, Drunken Behavior After Their Flight Is Diverted to Greece
THESSALONIKI, Greece—An easyJet flight from the United Kingdom to Turkey was diverted to Greece early Sunday after two passengers became drunk, unruly, and started shouting at fellow passengers and crew, authorities said. The two Russian passengers, both men aged 48 and 39, respectively, were arrested after the plane, on a scheduled flight from Manchester to…
Bud Light Will Permanently Lose Nearly a Fourth of Its Business: Analysts
Some of Bud Light’s problems could be permanent, according to an analyst in a new note about the beleaguered brand in the wake of a boycott over its partnership with Dylan Mulvaney. “We believe recent underperformance implies a permanent reduction in ABI’s U.S. business,” Deutsche Bank analyst Mitch Collett wrote for Barron’s, referring to Anheuser-Busch…
New Vehicle Quality Declines as Tech Use Grows, Study Shows
The quality of new vehicles in the United States has been declining since 2021 as factors such as the growing use of technology and lower build quality of certain parts are making the models more “problematic,” automotive consultant J.D. Power says. Some of the worsening issues involve basic parts of the car, such as audio…
Quality of New Vehicles in US Declining on More Tech Use, Study Shows
The quality of new vehicles has been declining in the United States since 2021 as factors such as growing use of technology and lower build quality of certain parts are making the models more “problematic,” according to automotive consultant J.D. Power. Some of the worsening issues involve basic parts of the car, such as audio…
Here’s What the USDA Revealed to the American People About Future Food Shortages
The nationwide crop failure isn’t a secret anymore, and it shouldn’t have surprised anyone—but it did. Here are the facts: The USDA recently released a report with shocking statistics that captured the nation’s attention. In summary, the agency revealed that countless crops from last season won’t be harvested this season. The culprit? Record-breaking droughts and…
ANALYSIS: India Embraces Opportunity as Multinational Companies Shift Production out of China
June 26, 2023
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India, with the world’s largest population and a huge market, is benefiting from the global trend of “derisking” from China. Market research firm IMA India released its “2023 Global Operations Benchmarking Survey” in May, which surveyed 100 business leaders representing international B2B (business to business) companies in India. It showed that 88 percent of CEOs preferred…
Gold’s Drop Under $2,000 Is a Buying Opportunity, According to UBS and Other Analysts
A series of recent losses have seen gold retreat back from its level of $2,000 per ounce. However, Swiss bank UBS is among those who see a buying opportunity and a return to that price range. Gold is now sitting 4 percent below its year-to-date high reached in May 2023, noted a team of UBS…
Wall Street Kicks Off Week on Mixed Note as Rate Worries Persist
Wall Street opened mixed on Monday, pressured by investor fears the Federal Reserve’s aggressive monetary tightening will hurt the U.S. economy and a decline in Pfizer after its decision to drop the development of a weight loss drug. The Dow Jones Industrial Average (.DJI) rose 3.36 points, or 0.01 percent, at the open to 33,730.79….
Chinese Electric Carmakers Aiming Entry Into Thailand’s Markets
The Thai-Chinese Chamber of Commerce said on June 25 that Chinese electric vehicle (EV) makers are targeting an entry into Thailand’s market with plans to establish manufacturing and distribution bases. Narongsak Putthapornmongkol, the chamber’s chairman, announced this during the World Chinese Entrepreneurs conference in Bangkok, which brought together 4,000 Chinese entrepreneurs from various countries. “EV…
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