Economy

Mark Zuckerberg, the CEO of Facebook (now known as Meta) is reportedly embarking on a new challenge — obtaining his pilot’s license. Becoming a pilot appears to be Zuckerberg’s latest hobby, along with jiu-jitsu and verbal sparring with Elon Musk. 

The National Highway Traffic Safety Administration (NHTSA) has initiated a new special crash investigation into a fatal accident involving a 2018 Tesla Model 3 in California. The crashed killed the 17-year-old driver of the other car and caused injuries that later claimed the life of a three-month-old baby riding in the Tesla.

A coalition of over a dozen consumer rights, data privacy advocates, and free market organizations has signed a letter encouraging the House Innovation, Data, and Commerce subcommittee to give car owners control of the data generated by their vehicles.

Norfolk Southern, the powerful rail company that spurred a toxic chemical disaster in East Palestine, Ohio this year, has set its sights on advancing a far-left agenda by promoting the Environment, Social, and Governance (ESG) movement and imposing Diversity, Equity, and Inclusion (DEI) policies.

India’s Tata Sons plans to build a 4-billion-pound ($5.2 billion) electric car battery factory in the U.K., one of Europe’s largest.

The poet James Russell Lowell described June as the “high tide of the year.” The June retail report showed that the tide washed something ashore for everyone last month.

A business-tied advocacy group and various progressive groups have launched a lawsuit campaign against Florida Gov. Ron DeSantis’s popular, wage-boosting curbs on illegal migration.

Sen. Rick Scott (R-FL) touted his legislation to create more accountability at the nation’s central bank in an interview with Breitbart News, declaring that the Fed is supposed to be a boon to the American people, not the big banks.

Binance, the giant cryptocurrency exchange, is laying off more than 1,000 employees amid a federal crackdown in the United States.

An original, factory-sealed 4GB iPhone 1 recently sold at auction for a staggering $190,372.80. The phone sold for $499 when released in 2007.

Amazon delivery drivers are facing an unexpected privacy invasion as surveillance footage from in-van cameras has started appearing online, particularly on Reddit, despite assurances from the company that these cameras were solely for safety purposes.

Elon Musk, Larry Ellison, and other current and former members of Tesla’s board of directors have agreed to return a staggering $735 million in compensation. The payback is part of a settlement ending a shareholder lawsuit that claims the directors were massively overpaid by the electric car company.

Asset management giant BlackRock announced on Monday that it had named the CEO of Saudi Aramco, the world’s largest oil company, to its board of directors.

The House Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs will hold a hearing titled “Cancelling Consumer Choice: Examining the Biden Administration’s Regulatory Assault on Americans’ Home Appliances” on July 18.

Senate Majority Whip Dick Durbin (D-IL) will attempt to slip a handout to big retailers in the National Defense Authorization Act (NDAA), a bill that is supposed to be focused on maintaining America’s military might.

The headline figure missed expectations but the control group exceeded expectations.

Mass migration is spiking inflation in Canada because migrants increase rents and housing prices, say Canadian economists.

Massachusetts officials are now asking residents to take border crossers and illegal aliens into their homes as illegal immigration continues adding to the state’s homeless population.

Rep. Jim Jordan, (R-OH) has reportedly asked Facebook CEO Mark Zuckerberg to hand over documents about content moderation on his new platform Threads as part of the House Judiciary’s ongoing investigation of tech platforms’ policies and contact with the Biden administration.

President Joe Biden desperately wants to convince Americans that they have done well under his presidency, but that’s going to be a tough sell.

I tell ya, Disney’s slow-motion collapse is more entertaining than anything these child predators have created in years.

Tucker Carlson’s Twitter show has reportedly hooked one of its first advertisers after the former Fox News host signed a deal with Public Square, those familiar with the matter told CNBC.

NEW YORK (AP) — To get a sense of just how much animosity is flying around Hollywood these days, watch how Ron Perlman responded to a report that the studios aimed to prolong a strike long enough for writers to lose their homes.

A Tesla Model Y, valued at almost $60,000, spontaneously burst into flames on a residential street in Ilford, North London, sparking concerns about the safety of Elon Musk’s electric vehicles.

Twitter is grappling with negative cash flow due to a nearly 50 percent drop in advertising revenue and a significant debt burden, according to CEO Elon Musk.

LinkedIn co-founder and noted visitor to Jeffrey Epstein’s infamous island Reid Hoffman has recently donated $699,600 to President Joe Biden’s reelection campaign, a move that has sparked controversy due to Hoffman’s past political scandals and associations.

A federal appeals court has temporarily halted a ruling from a lower court that prevented key members of the Biden administration from pressuring social media companies to censor Americans.

A group of graphic designers filed a lawsuit against the Chinese online “fast fashion” company Shein for stealing their designs, Time magazine reported on Sunday, accusing the retail giant of violating the Racketeer Influenced and Corrupt Organizations (RICO), a federal law classically used to target organized crime syndicates.

The survey was the latest piece of data supporting the idea that the economy could experience a “soft landing.”

The jobless rate rose to 21.3 percent in June, up from 20.8 percent in May. June was the third consecutive month of unemployment above 20 percent for people aged 16 to 24.

Two-thirds of Americans say the federal government’s immigration policies contradict the wishes of American citizens, says a June 22-26 poll by the Associated Press.

Marc Benioff, the CEO of Salesforce, has claimed that downtown San Francisco will not be going back to its pre-pandemic state.