Biden Has Used The Dollar As A Hammer — But Americans Might Be The Ones Who Get Hit
The Biden administration’s recent sanctions against Russia mark another instance of the U.S. leveraging the dollar’s global reserve status to further its foreign policy aims — but the strategy could result in economic chaos and worsening inflation for Americans, experts told the Daily Caller New Foundation. The Treasury Department put fresh sanctions on Russia on […]
Nasdaq, Elon Musk, Apple | Fox Business
Market Rebellion co-founder Pete Najarian explains the market outlook and the impact of the tech sector, and discusses the Federal Reserve’s handling of interest rates. Riding the new AI boom, technology companies have taken the lead on Wall Street. Apple is finally getting serious about its AI plans, pleasing some and frustrating others. With inflation […]
US charges executives at ADHD startup in $100 million Adderall fraud
Johan Hari, author of “The Magic Pill: The Surprising Benefits and Disturbing Risks of the New Weight-Loss Drug,” talks on “The Big Money Show” about the side effects of drugs like Ozempic and Wegovy. The founder and top doctor of a San Francisco-based telemedicine startup U.S. Department of Justice He was arrested Thursday on charges […]
Biden Regulators Investigating Counterfeit Chinese Materials Used By Major Jet Manufacturer
The Federal Aviation Administration (FAA) is investigating how counterfeit titanium from a Chinese company found its way into recently manufactured Boeing planes, according to The New York Times. The counterfeit titanium was discovered after a parts supplier for the plane manufacturer found small holes in the material due to corrosion, generating concerns about the structural […]
Boeing investigating quality issue on undelivered 787 Dreamliner planes
Former Department of Transportation official Diana Ferchtgott Ross told “The Evening Edit” that the Federal Aviation Administration is “investigating.” Aircraft manufacturer Boeing told FOX Business it is investigating whether some fasteners on undelivered 787 Dreamliner planes were installed incorrectly. “Our 787 team is inspecting the side fasteners on undelivered 787 Dreamliner aircraft to ensure they […]
Tesla Shareholders Vote To Reapprove Elon Musk’s Massive Pay — But Courts May Thwart Him From Raking In The Dough
Tesla shareholders voted to reaffirm a large pay package for Elon Musk estimated to be worth over $48 billion dollars on Thursday. Musk’s package was put to a shareholder vote after Chancellor Kathaleen St. Jude McCormick ruled Jan. 30 that the board of directors for the electric car company failed to provide sufficient justification for […]
Tyson Foods CFO Faces Suspension Following Second Arrest, Interim CFO Steps In
The Chief Financial Officer of Tyson Foods, was suspended from his role following his arrest Thursday morning for allegedly driving while intoxicated (DWI), Fox News reported. Authorities arrested John R. Tyson, 34, in Arkansas and booked him at the Washington County Detention Center on DWI, and he’s facing two additional charges, according to Fox News. […]
CNBC Host Presses Janet Yellen On Polls Showing Americans Believe Trump Was ‘Better For The Economy’
CNBC’s Andrew Ross Sorkin queried Treasury Secretary Janet Yellen on Thursday about polls suggesting that Americans perceive former President Donald Trump as being “better” economically than President Joe Biden. Prices resulting from inflation in May hit a milestone of hiking over 20% non-seasonally adjusted since Biden assumed the presidency, according to data from the Federal […]
Wells Fargo fires more than a dozen employees for faking work: report
“The Ken Coleman Show” host Ken Coleman talks on “The Big Money Show” about Biden’s efforts to end remote work for federal employees. Wells Fargo reportedly issued termination letters to more than a dozen employees last month after an investigation found they had falsified their employment. Bloomberg first reported on Thursday that the employees – […]
Major Automaker Throws Hail Mary As It Hemorrhages Cash On Electric Vehicles
Ford Motor Company told dealers on Thursday that it was dropping certain equipment requirements to boost the sales of its struggling electric vehicle (EV) line, according to Bloomberg. Dealers had previously needed to invest up to $1.2 million in certain equipment like chargers in order to be eligible to sell Ford’s EV line, with the […]