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News & Articles By Laura Harris
05/20/2025
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By Laura Harris
Ford recalls nearly 274,000 SUVs due to brake defect
Ford has recalled 273,789 full-size SUVs (223,315 Expeditions and 50,474 Navigators) due to a brake defect that could result in reduced braking power or total brake failure, increasing the risk of crashes. The problem stems from improperly installed front brake lines that could come into contact with the engine’s air cleaner outlet pipe. Over time, […]
05/17/2025
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By Laura Harris
New York to ban police use of facial recognition and biometric surveillance
Senate Bill S5609, led by Sen. Julia Salazar, seeks to ban police from using biometric surveillance technologies like facial recognition and gait analysis, with limited exceptions for fingerprint scanners and DNA databases. S5609 includes the creation of a Biometric Surveillance Regulation Task Force to evaluate the effectiveness and legality of such tools and would grant […]
05/15/2025
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By Laura Harris
Trump urges House Speaker Johnson to raise taxes on wealthiest Americans
President Donald Trump reportedly urged Speaker Mike Johnson to raise the top individual tax rate from 37 percent to 39.6 percent for incomes over $2.5 million or $5 million for joint filers, while closing the carried interest loophole to fund middle-class tax cuts. The proposal aligns with growing Republican populist demands, aiming to offset tax […]
05/12/2025
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By Laura Harris
Farmers rally behind Trump’s trade policies as confidence and investment surge, barometer shows
70 percent of American farmers back President Trump’s tariffs, believing they level the playing field for U.S. agriculture, with rising confidence reflected in increased investment and financial optimism. U.S. manufacturers, including steel and mold producers, praise Trump’s tariffs for curbing unfair foreign competition (notably from China) and driving reshoring of production, leading to job growth […]
05/11/2025
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By Laura Harris
U.S. manufacturers see surge in orders as tariffs reshape supply chains
President Donald Trump’s tariffs on imports (especially from China) are driving small and midsize U.S. manufacturers to expand production, with companies like Jergens Inc. and Grand River Rubber reporting surging demand as businesses shift supply chains domestically. Former customers of Chinese suppliers are returning to U.S. manufacturers (e.g., rubber gaskets, PPE), with some firms projecting […]
05/11/2025
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By Laura Harris
New Hampshire makes history as first state to establish strategic Bitcoin reserve
New Hampshire became the first U.S. state to pass a law authorizing a strategic Bitcoin reserve, setting a precedent for state-level adoption of digital assets. The law mirrors the Satoshi Action model, allowing the state treasury to accumulate Bitcoin and other digital assets. Purchases are limited to assets with a $500B+ market cap (currently only […]
05/10/2025
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By Laura Harris
EU to ban privacy cryptocurrencies and anonymous accounts by 2027 under new AML rules
By 2027, the European Union (EU) will prohibit crypto-asset service providers (CASPs) and financial institutions from handling privacy-focused cryptocurrencies (e.g., Monero, Zcash) or anonymous accounts to enforce full transaction transparency. Large crypto firms operating in six or more EU states will face direct supervision by the European Anti-Money Laundering Authority (AMLA), streamlining compliance enforcement. Mandatory […]
05/04/2025
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By Laura Harris
Mass protests erupt across China as Trump tariffs trigger economic crisis
China is experiencing severe civil unrest, with tens of thousands of workers protesting in industrial hubs like Shanghai and Inner Mongolia over unpaid wages and mass layoffs, driven by economic turmoil and U.S. tariffs. Trump’s escalating tariffs have crippled China’s export-dependent economy, causing factory closures, plummeting orders and financial distress for millions of workers, exacerbating […]
05/04/2025
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By Laura Harris
Trump’s tariffs on Chinese goods send Amazon sellers into panic
President Donald Trump’s 25 percent tariff on Chinese goods (now totaling 145 percent with existing duties) forces Amazon third-party sellers – 70 percent of whom rely on Chinese manufacturing – to either raise consumer prices or absorb unsustainable costs, threatening profitability. Small U.S. sellers like PrimaStella and Basic Fun face dire choices, as absorbing tariffs […]
05/04/2025
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By Laura Harris
British Chambers of Commerce warns of “lost generation” as youth job crisis deepens
Nearly one million young people (987,000) in the U.K. are NEET (Not in Employment, Education or Training), with mental health struggles and economic inactivity being major barriers. Failure to address youth disengagement could cost the U.K. £69 billion ($92 billion) in lost economic potential, while prolonged unemployment erodes young people’s confidence and employability. The BCC […]
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