News

New Department of Labor Laws to Benefit Millions With Overtime Pay

Under new labor laws, workers earning under $58,656 may be eligible for overtime pay. Learn More!

Department of Transportation (DOT) Mandates Automatic Refunds for Airlines: A Game Changer for U.S. Travelers

Discover how the Department of Transportation’s rule mandates automatic refunds for airlines’ mishaps. From flight cancellations to lost baggage, passengers now receive fair compensation.

TikTok Faces Countdown: ByteDance Must Divest Within Nine Months or Risk Ban in the US

A historic bill, which could end the use of Tiktok in the U.S., has been confirmed by President Joe Biden. According to the legislation, TikTok must be divested by its parent company, ByteDance, from China within nine months.

FTC Bans Noncompete Agreements, Declares Current Agreements Null and Void

FTA has banned noncompete agreements, declaring the current ones null and void, directly impacting millions of employees across the United States.

The NYSE Is Polling Participants on the Possibility of Being Able to Trade Stocks 24/7

The New York Stock Exchange (NYSE) is embarking on a bold journey, seeking input from market participants on the possibility of round-the-clock trading.

Wall Street's Investment in Blacklisted Chinese Companies Sparks Congressional Probe

Congressional Investigation Reveals Billions Funneled into Chinese Firms Linked to Military and Human Rights Concerns by U.S. Firms

Soap Is Putting Drivers at Risk: Tesla Cybertruck Recall Reveals Unexpected Culprit

Tesla has revealed an unsuspected culprit for over 4,000 units of the Tesla Cybertruck getting recalled with issues involving the accelerator pedal.

New Study Reveals Biden's Student Loan Cancellation Costing Taxpayers $559B: High-Income Households Benefit Most

President Biden's student loan cancellation plan raises concerns as a new study unveils its staggering $559B taxpayer cost and reveals how households earning over $300K benefit most.

Red Lobster Considers Chapter 11 Bankruptcy Amid Soaring Labor Costs

Red Lobster, the renowned seafood restaurant chain with 649 locations nationwide, is reportedly considering filing for Chapter 11 bankruptcy to tackle its mounting debt burden. According to insider sources cited by Bloomberg, the company is exploring options to offload long-term contracts and renegotiate leases, prompted by escalating labor costs and other financial pressures.

DOJ Set To Sue Live Nation for Alleged Antitrust Violations

The United States Department of Justice (DOJ) is gearing up to file a lawsuit against Live Nation Entertainment Inc., the giant behind Ticketmaster, for violating America's antitrust laws.

Tesla Announces Layoffs: More Than 10% of Workforce Will Be Affected

Key inflation data was leaked to BlackRock and JP Morgan by the Bureau of Labor Statistics, allowing their traders to make market-moving bets - Bloomberg and NYT

Biden Administration Concerned Over Potential Iranian Retaliation for Israel's Strike

Americans Spent Over $113 Billion on Lottery Tickets in 2023, Outpacing Combined Spending on Entertainment

Biden's Student Loan Forgiveness Plan to Erase Up to $20,000 in Interest for Millions

Tipping Culture Overwhelming Majority of Americans, Survey Reveals

Tesla's Plans for Affordable Car Intact, Musk Refutes Scrapping Rumors

Apple Ventures into Home Robotics as Next Potential Innovation Frontier Following Electric Vehicle Setback

US Government Signals Potential Liquidation of $2 Billion Silk Road Bitcoin

California Implements $20 Minimum Wage for Fast-Food Workers: Impact and Reactions

California's fast-food industry underwent a significant change on April 1, 2024, as the state's new $20 minimum wage for fast-food workers was enacted.Enacted through Assembly Bill 1228, this milestone marks a victory for labor advocates and a significant step towards achieving fair wages in the state.

BlackRock Allocates $100 Million to Ethereum Blockchain, Forecasts Crypto Revolution in Finance

Study Reveals Shocking Disparity: Novo Nordisk's Ozempic Costs Less Than $5 to Manufacture, Yet Sells for Nearly $1,000 a Month

Krispy Kreme Shares Soar as McDonald's Partnership Goes National

The Biden administration has unveiled a $1.5 billion loan to breathe new life into the Palisades Nuclear Plant located in Michigan. This strategic initiative marks the first-ever reopening of a decommissioned nuclear facility in the United States, signaling a paradigm shift towards sustainable energy solutions. With a sharp focus on bolstering clean energy sources, this investment emphasizes the administration's unwavering commitment to combating climate change while fostering economic growth.

Nvidia and Hippocratic AI Introduce Revolutionary Ai-Powered Healthcare Agents Outperforming Nurses at a Fraction of the Cost

Nvidia, the renowned chipmaker, and Hippocratic AI, a pioneering AI healthcare company, have unveiled groundbreaking AI "agents" poised to redefine healthcare delivery.

Biden Administration Injects $1.5 Billion to Revitalize Palisades Nuclear Plant in Michigan

The Biden administration has unveiled a $1.5 billion loan to breathe new life into the Palisades Nuclear Plant located in Michigan. This strategic initiative marks the first-ever reopening of a decommissioned nuclear facility in the United States, signaling a paradigm shift towards sustainable energy solutions. With a sharp focus on bolstering clean energy sources, this investment emphasizes the administration's unwavering commitment to combating climate change while fostering economic growth.