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News & Articles By Ava Grace
04/02/2024
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By Ava Grace
Ford drastically cuts EV factory workforce as electric car sales plummet
About 1,400 workers at a Ford factory in Michigan that makes the F-150 Lightning will move to new jobs or take retirement packages as sales of the fully electric pickup trucks decline. Ford began the year by cutting production of the F-150 Lightning following significantly weaker-than-expected sales growth in electric vehicles. While EV sales are growing in […]
03/31/2024
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By Ava Grace
Houston Mayor John Whitmire says city is “broke” after decades of overspending
Houston Mayor John Whitmire, a Democrat elected in December, provided a bleak warning during a City Hall meeting about the city’s “broke” finances as he proposed a five percent cut across all city spending to alleviate the cash flow problem. “I think we can all agree that we’re broke,” Whitmire said, before proposing the planned […]
03/26/2024
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By Ava Grace
Biden wants taxpayers to shoulder $6B student loan debt of 78,000 public service workers
President Joe Biden has revealed a plan to cancel about $6 billion worth of student loan debt for 78,000 borrowers who are public service workers as part of the Democratic administration’s ongoing effort to transfer the burdens of student loan borrowers onto the taxpayers. The move increases the total amount of student debt “forgiven” by the […]
03/25/2024
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By Ava Grace
Hertz CEO Stephen Scherr steps down in wake of company’s disastrous bet on EVs
Stephen Scherr, who ran rental car giant Hertz for over two years after three decades at Goldman Sachs Group Inc., has decided to step down in the wake of a disastrous bet on electric vehicles (EVs) that the company began unwinding in recent months. Hertz will replace him with Gil West, the former chief operating officer of […]
03/21/2024
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By Ava Grace
The cost of a monthly mortgage payment for a typical U.S. home has NEARLY DOUBLED in just four years
Real estate firm Zillow has reported that, since January 2020, the monthly mortgage payment on a typical home in the United States has nearly doubled – with monthly payments up by 96 percent in just four years. A typical buyer now pays nearly $2,200 a month, with a 10 percent down payment on a house. This […]
03/19/2024
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By Ava Grace
Tyson Foods hit with BOYCOTT for ditching Americans workers and hiring illegals
Food processing giant Tyson Foods has been hit with a boycott over its move to ditch American workers and hire illegals for its operations. According to the Daily Mail, angry shoppers are boycotting products from the $53-million meat company. The issue stems from its decision to close plants in five states – Iowa, Virginia, Arkansas, […]
03/15/2024
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By Ava Grace
Australia’s transition to a fully cashless society now in full swing as major bank closes all physical branches
Bankwest, a subsidiary of the Commonwealth Bank of Australia (CBA), has announced that it is closing 45 of its branches and transitioning the remaining 15 CBA branches in an effort to go fully digital by October 2024. This announcement comes as Sydney-based banking software company Constantinople, a startup founded by two former executives of major […]
03/15/2024
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By Ava Grace
Switzerland approves motion transferring frozen Russian assets to Ukraine
The upper house of Switzerland’s parliament has approved a measure transferring frozen Russian assets to Ukraine. At the beginning of Russia’s special military operation in Ukraine, around 7.7 billion euros ($8.42 billion) worth of Russian Central Bank assets in Swiss banks were frozen. Now, the Swiss Council of States, by a modest majority, has allowed […]
03/03/2024
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By Ava Grace
Large cities like Los Angeles and New York SUFFER as homelessness and illegal immigration crises collide
The fire that broke out on Franklin Avenue was a modest one. “It smelled like burning fuel, burning plastic,” said one Hollywood resident who lives nearby. That fire happened in the first neighborhood targeted by Inside Safe, an initiative created by Los Angeles Mayor Karen Bass to move homeless people off sidewalks and into housing. Yet […]
03/01/2024
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By Ava Grace
Experts warn that Joe Biden’s green tax credit plan is a GIFT TO CHINA – at the expense of U.S. manufacturing
Experts have warned that a “naive” plan by U.S. President Joe Biden to allegedly boost the American renewables industry is actually a gift to China. According to the Daily Mail, the plan costing $1.2 trillion in taxpayer money was designed to improve American competitiveness in sectors that China currently dominates, including solar panels and electric […]
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