Economy - Page 11

Notorious censor and surveillance capitalism tycoon Mark Zuckerberg has a clear vision for how he wants his company Meta to be remembered decades from now — as a technology innovator, not for his apps and their negative impacts on society.

Jimmy Carter was the first American president to lose his bid for re-election due to inflation.

State and local government jobs and construction jobs accounted for the majority of the increase.

The University Medical Center in Lubbock, Texas, a critical level-one trauma hospital, has been severely impacted by a ransomware attack, leading to the diversion of emergency patients to nearby facilities. With the only level-one trauma center within 400 miles crippled, West Texas residents have been placed at significant risk by America’s failure to fight cybercrime.

On Monday’s broadcast of CNBC’s “Squawk Box,” Commerce Secretary Gina Raimondo — who was appearing in her personal capacity as a surrogate for the Harris campaign – claimed that when President Joe Biden took office, we had “sky-high inflation.” After

Republican challenger Tim Sheehy had a strong performance against Sen. Jon Tester (D) in the debate for Montana’s U.S. Senate race on Monday.

Thousands of workers at more than a dozen ports throughout the United States are preparing to go on strike as the deadline for their union and the United States Maritime Alliance (USMX) to reach an agreement looms closer.

A second Trump presidency is likely to unleash an explosion of economic growth that could surprise financial markets and officials at the Federal Reserve.

On Monday’s broadcast of CNBC’s “Squawk Box,” Commerce Secretary Gina Raimondo — who was appearing in her personal capacity as a surrogate for the Harris campaign — stated that she has “not been very focused on” where a potential port

Verizon suffered a nationwide outage on Monday morning, leaving millions of customers across the U.S. in SOS mode, unable to send and receive calls or text messages all morning and afternoon — with no end in sight for those still impacted.

The Fed chair is still convinced monetary policy is highly restrictive.

The union representing U.S. dockworkers signaled that 45,000 members will walk off the job at midnight, kicking off a massive strike likely to shut down ports across the East and Gulf coasts.

The DOJ and Google have wrapped up their arguments in the high-stakes antitrust trial against the internet giant, with closing arguments scheduled for November.

An experienced actor and aerial cinematographer went from being at “the heart of Hollywood’s golden age of streaming” to worrying about affording “a value meal at McDonald’s,” the BBC reported in a piece on how the industry’s writer’s strike impacted everyone else.

OpenAI’s ambitious plans to build AI data centers with unprecedented power requirements have sparked discussions about the feasibility and environmental impact of such projects.

Vice President Kamala Harris attempted to transition her public image from a leftwing progressive to a pragmatic, pro-business candidate this week, deploying a barrage of falsehoods and misleading statements but very little policy detail in a speech at the Economic Club of Pittsburgh.

Kamala Harris and her media allies are promising a “tough” border security policy — but her new economic plan reveals her intention to continue the loose border, mass migration that has radically shifted the nation’s economy away from young Americans and toward older investors and employers.

The Australian Strategic Policy Institute (ASPI), a think tank that focuses on research into China, revealed on Friday that the Communist Party developed an application for companies participating in the Belt and Road Initiative (BRI) to use to feed information to Beijing.

Michael Straight, a former jockey paralyzed from the waist down, found himself unable to walk again after the manufacturer of his $100,000 exoskeleton refused to fix a malfunctioning battery. The part allegedly costs just $20, but the manufacturer claims the medical device is too old to fix.

The FAA is reportedly struggling to modernize its aging air traffic control (ATC) systems, putting the safety and efficiency of the national airspace at risk, according to a recent report by the Government Accountability Office (GAO).

Former President Donald Trump has a three-point lead over Vice President Kamala Harris in North Carolina, and is on her heels in typically blue Virginia, according to a Rasmussen Reports/American Thinker poll.

An expert witness called by Google in its ongoing antitrust trial has asserted that the tech giant does not hold monopoly power over the advertising market, contradicting claims made by the DOJ.

Core inflation may have become embedded at a high rate, raising questions about further progress on restoring price stability.

Department of Homeland Security (DHS) Secretary Alejandro Mayorkas gave the most revealing interview of his career recently, providing a fascinating look inside the mind of the anti-borders ideologue running the agency charged with protecting America’s borders.

Four years ago, President Joe Biden and Vice President Kamala Harris took control of the White House by campaigning on lies about the state of the economy under Donald Trump.

During an interview with CNBC on Thursday, Treasury Secretary Janet Yellen responded to a question on if she thinks the Federal Reserve has rates that are too high by stating that the Fed’s members expect rates to be cut and

The Disney Grooming Syndicate spent almost a quarter of a billion — with a “B”— to produce a humiliating flop called The Acolyte.

Beach and water apparel brand Salt Life is closing all of its retail locations after it was sold to new owners who moved to liquidate it.

Nearly 130 Pizza Hut restaurants in several southern and midwestern states are reportedly at risk of shutting down due to financial problems.

The central bank of Argentina reported on Monday foreign currency deposits have surged by about $8 billion under the policies of libertarian President Javier Milei.

AI powerhouse OpenAI, the developer of ChatGPT is contemplating significant changes to its corporate structure and ownership by transforming into a for-profit company while CEO Sam Altman consolidates his power as yet another high profile executive leaves the organization.

Meta CEO Mark Zuckerberg has pushed back against the notion that social media directly harms the mental health of teenagers, despite growing concerns and calls for increased regulation in the industry. His position is even more extraordinary given the fact that Meta’s own internal researchers determined that his social media platforms are terrible for the mental health of teenagers, especially young women and girls.

The growth of orders placed with American factories for durable goods stagnated in August, casting a shadow on claims by Vice President Kamala Harris that the Biden-Harris administration’s policies have bolstered U.S. industrial strength. The value of durable goods orders

The bloodbath keeps getting worse at the Walt Disney Company, with a new round of layoffs expected to impact hundreds of corporate employees this week.

California Gov. Gavin Newsom (D) signed a bill this week to ban one-pound, single-use propane cylinders, meaning that only more expensive reusable cylinders will be available in the state.

Vice President Kamala Harris gave her first solo interview Wednesday on cable news as the Democratic Party’s nominee for president, and failed to answer questions even in a friendly interview by MSNBC’s Stephanie Ruhle.