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News & Articles By Arsenio Toledo
05/01/2024
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By Arsenio Toledo
Elon Musk shuts down Tesla’s profitable Supercharger team in latest round of layoffs
Elon Musk has shut down Tesla’s division that runs the Supercharger business in the latest round of layoffs that is expected to reduce the electric vehicle manufacturing giant’s workforce by more than 10 percent. The shutdown of the Supercharger division includes the dismissal of two senior executives and several hundred other staffers amid an ongoing […]
03/25/2024
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By Arsenio Toledo
Texas public schools fund pulls out $8.5 billion from BlackRock over ESG investing
A school fund in Texas has pulled $8.5 billion of state money from BlackRock over accusations that the investment firm’s alleged boycott of fossil fuel energy producers harms Texas’ industries. The move was conducted by the Texas Permanent School Fund (Texas PSF), a sovereign wealth fund and pension fund established in the 19th century to support the […]
03/14/2024
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By Arsenio Toledo
Bitcoin SURGES above $73,000 ahead of “halving” event in April
The world’s leading cryptocurrency bitcoin topped $73,000 on Wednesday, March 13, ahead of the “halving” event in late April, which is expected to push its value even higher. The blockchain is designed so that a halving occurs every time 210,000 blocks are added to the chain, which means that it happens roughly every four years. The […]
03/07/2024
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By Arsenio Toledo
Jeff Bezos regains title of world’s richest person, overtaking Elon Musk for the first time since 2021
Amazon founder Jeff Bezos is once again the richest person in the world, after the tech giant’s net worth surpassed that of Tesla CEO and Twitter (now X) owner Elon Musk for the first time since the fall of 2021. This is according to the Bloomberg Billionaires Index, which reported on Monday, March 4, that Bezos’ […]
02/22/2024
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By Arsenio Toledo
World’s largest asset manager BlackRock exits globalist climate investment group
BlackRock, the world’s largest asset manager, joined JPMorgan Chase in pulling out from the climate change investment group Climate Action 100+ that pushes companies around the world to rein in emissions. Climate Action 100+ (CA100+) is a global coalition of investors who have pledged “to ensure the world’s largest corporate greenhouse gas emitters take necessary action on […]
02/15/2024
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By Arsenio Toledo
Credit card and auto debt DELINQUENCIES are SOARING, especially among younger Americans
New data from the Federal Reserve Bank of New York has found that credit card and auto debt delinquencies in the United States are soaring, especially among Americans aged 18 to 39. The Household Credit Report from the New York Fed’s Center for Microeconomic Data found that aggregate household debt balances rose by $212 billion, […]
02/14/2024
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By Arsenio Toledo
Crisis in American banking sends jitters across Europe’s banking sector, increasing risk of BANK DEFAULTS
Europe’s banking sector is concerned as financial instability in the United States is increasing the risk of banks defaulting in the continent. Back in late November 2023, the European Central Bank warned that the balance sheets of banks in the eurozone – the currency union of 20 European Union states who all use the euro […]
02/12/2024
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By Arsenio Toledo
Bill Gates’ Microsoft aims to equip two million people in India with AI skills by 2025
Tech billionaire and globalist Bill Gates’ Microsoft has announced plans to recruit up to two million workers from India who will be trained to use artificial intelligence. According to Microsoft Chairman and Chief Executive Officer Satya Nadella, the company will equip two million Indians with AI skills by 2025 in an effort to generate more jobs in […]
02/12/2024
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By Arsenio Toledo
Putin claims America is hurting itself by refusing to expand trade relations with China
Russian President Vladimir Putin recently claimed that America is only “hurting” itself by refusing to expand trade relations with China. Putin made this claim during his interview with Tucker Carlson, the video and full transcript of which were published on Thursday, Feb. 8 – the same day Putin held a lengthy phone call with Chinese […]
02/01/2024
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By Arsenio Toledo
BIDENOMICS: UPS cuts 12,000 jobs due to decreased shipping volume, tense union negotiations
UPS is cutting 12,000 jobs as shipping volume – and thus, company revenue – both internationally and domestically dropped in its fourth-quarter earnings report. The company said the mass layoff is part of a broader effort to “align resources” in 2024. This effort includes mandating staff work from offices, five days a week starting on March […]
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