‘It’s Scary Right Now’: Autoworkers Worried Biden’s Electric Vehicle Push Could Kill ‘Thousands Of Jobs’
Michigan autoworkers are worried that President Joe Biden’s policies pushing for a transition to electric vehicles (EV) will cost their jobs, according to The New York Times. Some autoworkers represented by the United Auto Workers (UAW) union are not pleased with the president’s support of EVs due to the products needing less manpower to produce, […]
Super Bowl Sunday beer sales jumped in 2024, with Corona taking top spot
Claman Countdown analyzes the big game advertising winners. This statistic pertains to beer sales at bars and restaurants during Super Bowl Sunday in 2024, and while sales increased overall, it reveals winners and losers by brand compared to last year. . Click here for the latest report restaurant engagement Union’s platform found that on-premises sales […]
Teamsters target Bud Light parent Anheuser-Busch, Molson Coors
International Brotherhood of Teamsters President Sean O’Brien weighs in on meeting with presidential candidates, saying there are many boxes to check and members have a duty to do their due diligence. he claimed. The Teamsters union went on strike at Molson Coors’ Texas brewery over the weekend, and will follow suit at all of Anheuser-Busch […]
Biden’s Plan To Boost American Chip Manufacturing Is Already Facing Setbacks
President Joe Biden’s ambitious plan for boosting domestic chip manufacturing is already hitting serious roadblocks, The New York Times reported Monday. Biden signed the CHIPS Act in August 2022, which includes $39 billion in direct funding for chip manufacturers to increase production in the United States. Taiwan Semiconductor Manufacturing Company (TSMC), Intel and Microchip Technology […]
Crypto no longer outsider at famed Miami Beach ETF conference
Bitcoin Foundation Chairman Brock Pierce discusses Bitcoin’s performance in the wake of ETF declines and former President Trump’s concerns about digital currencies. Cryptocurrency is largely overlooked in the traditional financial world. Not so much these days, but as a reporter for Cryptocurrency Beat, one of the best examples of the mainstreaming of the digital asset […]
Capital One to acquire Discover Financial: report
Julia Coronado, founder and president of MacroPolicy Perspectives, talks on Making Money about whether a new local banking crisis is on the horizon. Warren Buffett-backed consumer bank and credit card issuer Capital One is acquiring credit card lender Discover Financial Services, The Wall Street Journal reported, citing people familiar with the matter. The company plans […]
Electric Vehicles Are So Unpopular That Entire Mines Are Shutting Down
A slowdown in the growth of electric vehicle (EV) demand has led to entire mines being shut down as the supply of rare earth minerals essential for EV components exceeds demand, according to The Wall Street Journal. Mines around the world are ceasing operations or halting construction projects in response to the falling demand, such […]
Biden’s Latest Economic Talking Point Is Missing The Mark. Here’s Why
President Joe Biden has begun calling out companies for shrinking product sizes, alleging corporate greed; however, companies are resorting to shrinking products in response to inflationary conditions that have been exacerbated under Biden, experts told the Daily Caller News Foundation. Biden began heavily promoting a talking point earlier this month, denouncing corporations for engaging in […]
OpenAI valued at $80B after deal: report
Barron Roundtable panelists Ben Levisohn, Al Root, and Elizabeth OBrien discuss how NVIDIA’s earnings report will impact the market. OpenAI powered by Microsoft Artificial intelligence (AI) A new report says it has completed a deal that values the company at more than $80 billion. The New York Times reported Friday that OpenAI will sell its […]
Restaurant Fires Waitress After Receiving $10,000 Tip: Report
A restaurant in Michigan fired a waitress after she received a $10,000 tip from a customer, according to the Detroit Free Press. The waitress, identified by the New York Post as Linsey Boyd, lost her job one week after the tipping incident. The man, who ate lunch at the Mason Jar Café in Benton Harbor […]