More from Emma Stoltzfus
-
Elon Musk sued this advertising group into the ground over X ‘boycott’
Elon Musk’s X filed a federal antitrust lawsuit on Tuesday, Aug. 6, against the World Federation of Advertisers and four members for what the company’s CEO says was a “systematic, illegal boycott against X.” The companies include CVS Health and Mars Inc., both of which were part of the trade group’s Global Alliance for Responsible… -
Maduro blocks Venezuela’s access to X after heated exchange with Musk
Venezuela’s President Nicolas Maduro has issued a decree, blocking the country’s access to the social media platform X for 10 days. The move comes after Maduro and X owner Elon Musk exchanged words after Maduro was declared the winner of Venezuela’s controversial election in July. Maduro’s opposition, Edmundo Gonzalez’s team, said it has evidence that… -
First all-electric Dodge Charger will retain its classic sound with noise simulator
Dodge has announced the upcoming launch for the first all-electric version of its Charger, known as the Charger Daytona. Set to arrive in dealerships later this year, this electric vehicle (EV) comes with a starting price of at least $61,590. The Charger Daytona boasts 670 horsepower and can accelerate from 0 to 60 miles per… -
Fed cutting rates before September like ‘yelling fire in a crowded theater’
Many argue the Federal Reserve missed the boat after failing to cut rates to ease financial conditions two days before latest jobs report triggered a recession indicator on Friday, Aug. 2. The Federal Open Market Committee is not scheduled to meet again until Sept. 17-18. Now, experts are making the case for deeper rate cuts… -
Here’s why this former Fed adviser says we are already in a recession
The creator of a recession indicator that was triggered this past week said her rule is broken this time around and there’s no recession right now. But not everyone agrees. In fact, a different recession indicator points to the U.S. having entered a recession in October of last year. “We’re not in a recession,” Sahm… -
Lahaina fire survivors make steps toward recovery on anniversary of disaster
There are signs of recovery one year after the deadly fires on the island of Maui, Hawaii. But there is a long road ahead for many who call the town of Lahaina home. Reportedly, 102 people were killed in the fast moving firestorm. It was the deadliest fire in the U.S. in over a century.… -
Google’s antitrust loss ‘a warning’ to Big Tech: The government can win
Pressure is building on Big Tech after a federal court ruled Google is a monopoly. Google isn’t the only one the government is going after. Apple, Meta and Amazon are actively fighting lawsuits. While Google’s appeal plays out, tech firms will be eyeing the courts, Federal Trade Commission and Department of Justice for clues to… -
FTC Chair Lina Khan got under Big Tech’s skin. Now they want her gone.
In the wake of a federal judge ruling that Google is a monopoly for its search business practices, all eyes are turning to other antitrust cases in the works. But even before the Google decision brought by the Justice Department, the Federal Trade Commission and its celebrity chair were feeling the political heat. FTC Chair… -
Break up Google? How the search giant might be punished for antitrust ruling
The antitrust ruling against Google on Monday, Aug. 5, is groundbreaking. By declaring Google is a monopoly, it marked the biggest tech antitrust ruling since Microsoft in the ’90s. It’s not that the government never takes up these cases; it’s that the government doesn’t often win. And to be fair, it hasn’t won yet. Google plans… -
EPA orders emergency ban over common pesticide
The Environmental Protection Agency (EPA) issued an emergency ban of a popular weed killer over risks to unborn babies. This marks the first time in 40 years the EPA has issued an emergency ban like this. The order will remove the pesticide commonly known as DCPA, or dacthal, from the market. DCPA is used to… -
Why the Sahm Rule creator says the recession rule is wrong this time
Recession fears have dominated headlines since Friday’s jobs report, where the rising unemployment rate triggered a recession indicator known as the Sahm Rule. The rule has an incredible track record of signaling the start of a recession, yet this time is an outlier, according to the rule’s creator. The Sahm Rule states a recession in the… -
Utah schools spending $72M in upgrades amid rise in school shootings
Utah schools are receiving $72 million in state funding to upgrade their buildings and security systems amid a rise in the number of school shootings across the country in recent years. According to a CNN analysis, there were a record 82 incidents in 2023, up from 79 and 73 in the two previous years. According… -
Korea semiconductor company SK Hynix gets $450 million in CHIPS Act grant
The U.S. will officially host five of the world’s largest semiconductor manufacturers after dolling out tens of billions of dollars in grant money. The Biden administration announced Tuesday, Aug. 6, it’s awarding hundreds of millions in grants to South Korea’s SK Hynix for its new facility in West Lafayette, Indiana. The company announced in April it…