Economy

Mark Zuckerberg’s Meta suffered a significant hit to its stock price in extended trading on Wednesday, despite better-than-expected profit and revenue for the first quarter, as Zuckerberg focused on the company’s long-term investments in AI and the metaverse during the earnings call. The stock is now down more than 15.7 percent in Thursday pre-market trading.

On Wednesday’s broadcast of CNBC’s “Squawk Box,” Professor of the Practice of Economic Policy at Harvard University and the Harvard Kennedy School Jason Furman, who served as Chairman of the Council of Economic Advisers under President Barack Obama and on the

The Biden administration’s declaration that it will treat almost all noncompete provisions in employment agreements as illegal should be seen for what it is.

A whopping 85 percent of New Yorkers said the cost of food is rising faster than their income in a poll released Tuesday.

President Joe Biden’s approval rating is deep underwater on what Americans rated as their top two issues in an Economist/YouGov poll.

Democrats are sneaking online censorship of “hate speech” into the Kids Online Safety Act (KOSA) under the guise of “protecting kids” – and many Republicans on capitol hill appear to be on board.

The Federal Trade Commission (FTC) has banned almost all noncompete employment agreements that prohibit workers from switching to competing businesses or starting one of their own.

A former Amazon AI scientist, Dr. Viviane Ghaderi, has filed a lawsuit against the tech giant, claiming she faced discrimination, retaliation, and wrongful termination after disclosing her pregnancy and raising concerns about copyright infringement in AI research.

In a bizarre twist that seems straight out of a dystopian sci-fi movie, U.S. residents can now legally purchase a flame-throwing robot dog named Thermonator for just under $10,000.

Tesla shares jumped almost 12 percent in pre-market trading on Wednesday after CEO Elon Musk announced that the company aims to start production of affordable electric vehicle models by early 2025, or possibly even late this year. The bounce comes despite dismal earnings, including net income that dropped 55 percent in the first quarter.

Sen. Sherrod Brown (D-OH), who is up for reelection against Trump-backed Republican businessman Bernie Moreno, was silent on Capitol Hill Tuesday when asked if he thinks gas-powered cars “should be banned.”

Sanctuary states are planning to dish out billions in American taxpayer dollars to migrants in 2024, offering housing, food, and health care.

Money printer go brrrrrrrrrrrrrrr

Google has fired more than 50 employees in the past week for participating in protests against the company’s cloud computing deal with the Israeli government, according to activist group No Tech for Apartheid.

Santa Monica approved construction for a $1M per unit apartment building for the homeless after an audit found the state lost $24 billion.

A new phenomenon known as “serial churners” spells trouble for streaming services wherein people subscribe only temporarily.

Almost 38 percent of renters in the United States do not believe they will ever be able to call themselves homeowners, per a survey.

Residents of Gov. Gavin Newsom’s (D) California may soon be slapped with a fixed electricity charge in the state’s push toward green energy.

Argentine President Javier Milei announced that Argentina registered a 0.2 percent surplus of its GDP for the first time since 2008.

The US economic upturn lost momentum at the start of the second quarter and employment contracted in the services sector, a survey from S&P Global showed.

People hoping to find work assembling offshore wind turbine engines and blades at the Port of Coeymans in New York are out of luck.

Hollywood has insulted, demeaned, attacked, condescended to, and alienated half the country, all while attempting to “queer” and groom our kids.

Sales of new homes jumped 8.8 percent to a seasonally adjusted annual rate of 693,000 in March, the highest rate of sales since September of last year. Economists had expected a rate of 670,000. The numbers are reported at an

Breitbart Economics Editor John Carney is calling for a national Inflation Day protest this June to demand policy change on the most pressing issue for Americans.

Prices for luxury homes in the United States have reached a record high, rising nearly nine percent in the first quarter of 2024, twice as much as the prices of non-luxury homes.

United States fashion retailer Express Inc. has filed for Chapter 11 bankruptcy protection as it plans to shutter more than 95 stores.

In response to the growing issue of boys using AI apps to create and share sexually explicit images of their female classmates, state legislators across the United States are introducing bills to protect minors from this new form of exploitation. Meanwhile, Silicon Valley continues to make billions with the very AI models boys are exploiting.

A historic vote to unionize among auto workers at Volkswagen’s Chattanooga, Tennessee, plant will open new doors for the United Auto Workers.

Perhaps if we started an Inflation Day movement, more attention could be drawn to the fact that rising price levels are the results of public policy choices.

More and more young people considered “Gen Z” are choosing to skip college and go to a trade school, one reason being the cost of a degree.

The already insane cost of purchasing a home has hit a new high, thanks to the ongoing horror show that is Bidenomics.

President Biden signature issues are ranked low among Americans’ national concerns.