More from Heath Cary
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US military playing catch-up to Russia in Arctic
As a show of force at the edge of the world, 11 warships from China and Russia were spotted carrying out a joint naval patrol near Alaska. The bold move in early August is just the latest provocation in a region known for chilly receptions. “There’s really critically important elements of the geostrategic importance of… -
How Mexican beer Modelo Especial shot to the top thanks to Bud Light boycott
When beer drinkers soured on Bud Light following a controversial promotion with transgender influencer Dylan Mulvaney, it was clear Bud Light’s closest rivals — Coors Light and Miller Lite — would benefit. But before long, it was a Mexican lager on everyone’s lips. In the weeks following Bud Light’s dramatic decline, Constellation Brands’ Modelo Especial… -
They said boycotts rarely work. This is why Bud Light is different.
When conservatives first shunned America’s best-selling beer Bud Light following the brand’s promotional beer can made for transgender TikTok influencer Dylan Mulvaney, experts quickly pointed out across the media that boycotts rarely work. But week after week, Bud Light’s beer sales plunged compared with the year before. Less than two weeks into the controversy, Anheuser-Busch… -
What happens if Russia uses nuclear weapons in Ukraine?
For more than two decades, Vladimir Putin hasn’t just led Russia, he’s pushed out any who would oppose him. Many believe it’s why he invaded Ukraine, and why he never goes too long without rattling the saber. “I think what Putin is doing, is he’s trying to, with the limited resources he has, but with… -
How, why Russia might use nuclear weapons in Ukraine
From the start of the invasion in Ukraine, the threat of nuclear weapons has loomed large on the battlefield. Russian President Vladimir Putin regularly says the use of tactical nukes is very much on the table. President Biden said those threats are very real, but what does that mean? Nuclear arsenals Nine countries around the… -
How does the environmental impact of an EV compare to a gas vehicle?
The Biden administration’s push to get more electric vehicles (EVs) on the road as a means to reduce CO2 emissions and achieve long-term environmental benefits has received billions of dollars in funding. However, while EVs emit less carbon during their operational phase, their production process can be significantly carbon-intensive, as highlighted in a recent MIT… -
Top 4 things you need to know about how safe banks are right now
When Silicon Valley Bank and Signature Bank collapsed in a matter of days, it was a stark reminder to the American people that U.S. banks do fail. More than that, while all uninsured depositors were spared in these two bank failures, that’s not always the case. No. 1: Bank failures happen a lot more often… -
Banks are seen as safe but uninsured customers have been burned before
When Silicon Valley Bank and Signature Bank collapsed in a matter of days, it was a stark reminder to the American people that U.S. banks do fail. More than that, while all uninsured depositors were spared in these two bank failures, that’s not always the case. Given the media storm around this month’s bank failures, it… -
Bank failures happen more than you think. Here’s why SVB was different.
When Silicon Valley Bank and Signature Bank collapsed in a matter of days, it was a stark reminder to the American people that U.S. banks do fail. More than that, while all uninsured depositors were spared in these two bank failures, that’s not always the case. Given the media storm around this month’s bank failures,… -
Job openings in January fall to 10.8 million, still high, as layoffs rise
After January’s jobs report blew expectations out of the water, economists are looking for any data that can show signs of a weakening labor market up ahead. Wednesday’s job openings data showed a hint of decline, but still came in stronger than expected. The Bureau of Labor Statistics data showed that by the end of… -
The IRS wants taxpayers from these states to hold off on filing tax returns
It’s tax season but the Internal Revenue Service warned last week that it’s not quite ready for some filings. The agency is asking millions of Americans to hold off on filing tax returns. The hiccup is over direct payments and rebates many states handed out, hoping to help its residents counter raging inflation. Annual consumer… -
US lost 287,000 jobs while government was reporting +1 million in gains
The labor market may have been much weaker than the government let on in 2022. While the Bureau of Labor Statistics initially reported the U.S. economy added 1.2 million jobs last spring, a new report shows the private sector had a net loss of 287,000 jobs during the same time period, a difference of nearly… -
Philadelphia Fed claims government overestimated job growth by +1 million
Did the U.S. government overestimate job growth by more than 1 million jobs this spring? That’s the claim after the Philadelphia Federal Reserve Bank released a December report, which makes early revisions to Bureau of Labor Statistics data for the second quarter of 2022. “In the aggregate, 10,500 net new jobs were added during the…