Chinese suppliers protest hefty Temu fines, potential supply chain overhaul
Dozens of Chinese traders stormed into the parent company’s offices in Guangzhou this week to protest against Tem’s increasingly tough fines policy. Frustrated suppliers claim the affordable online marketplace, which sells everything from $10 dresses and sneakers to $15 mattresses, is fining Chinese merchants with increasing frequency. about 80 merchants entered the office He was […]
Sen. Lummis proposes US government purchase 5% of total Bitcoin supply – TradingView
U.S. Senator Cynthia Lummis introduced the “Strategic Bitcoin Reserve” bill, proposing that the U.S. government purchase 5% of the global Bitcoin supply and hold it for at least 20 years. “This can be used for one purpose: to reduce debt,” Lummis declared during a keynote speech at the Bitcoin 2024 conference in Nashville, Tennessee on […]
Sen. Lummis proposes US government purchase 5% of total Bitcoin supply – Cointelegraph
U.S. Senator Cynthia Lummis has introduced a bill proposing that the U.S. government purchase 5% of the global Bitcoin supply and hold it for at least 20 years. “It can be used for one purpose, which is to reduce debt,” Rammis said. Declared The remarks were made during a keynote speech at the Bitcoin 2024 […]
Carfentanil, opioid stronger than fentanyl, and animal sedative medetomidine found in NYC drug supply
Overdose deaths involving a synthetic opioid 100 times stronger than fentanyl have more than doubled in New York City, while a new, deadly sedative has been detected in the city’s drug supply for the first time. The two deadly drugs are wreaking havoc on public health, with city officials issuing warnings Thursday about carfentanil, a […]
Coffee prices poised to surge again on supply chain disruptions
Coffee drinkers hoping for relief from rising prices will be in for disappointment as supply chain disruptions and rising labour costs are expected to make coffee even more expensive. The price of arabica, the premium coffee bean favored by Starbucks, rose to $2.32 a pound last month, up 64% from June 2020, when it was […]
Ether price may dip after ETF 'novelty' wears off due to surging supply – Cointelegraph
If Ethereum supply continues to grow at its current pace, the initial excitement around a spot Ethereum exchange-traded fund (ETF) may fade and Ethereum prices may fall, according to analysts. “If ETH supply continues to grow by about 60,000 per month as it has since April, supply will return to merger levels by December,” crypto […]
Home Prices Dip for First Time off Crazy Spike, Price Reductions Surge, Sellers Emerge, House Sales Drop Year-over-Year, Inventories & Supply Keep Rising
Estimated Reading Time: 2 minutes “Normalization” or “deceleration,” as this phenomenon is called, is setting in Prices of existing single-family houses, condos, and co-ops dipped in July, reverting to seasonality for the first time since 2019, amid surging price reductions. Single-family house sales dropped 4.1% in July, from a year ago, the first decline since […]
FACT CHECK: Did Elon Musk Pull Funding From Tractor Supply?
A post shared on social media purports that Tesla CEO Elon Musk pulled funding from Tractor Supply Co. after they announced a diversity, equity and inclusion plan. Verdict: False The claim stems from a satirical website. Fact Check: Musk recently endorsed former President Donald Trump for president, pledging $45 million a month to the cause, Fox Business reported. This […]
Trump pivots on zoning, now calls it ‘a killer’ in push for more housing supply
Former President Donald Trump railed against the costs associated with zoning restrictions in a new interview, a notable shift from his past support for zoning to protect single-family housing. The new remarks come amid a continuing housing supply shortage and as home costs have been pushed to new highs in recent years. In a wide-ranging […]
Grocery Stores Introduce Ammo Vending Machines For Round-The-Clock Bullet Supply
A Texas-based company has been installing ammo vending machines across the country, CBS News reported. American Rounds introduced ammunition vending machines, marking a shift in how firearm ammunition is distributed in the United States. These machines, located in retail spots across Oklahoma, Alabama and Texas, offer 24/7 access to ammunition. The company claims this setup […]