marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
insanity
06/30/2023
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By Olivia Cook
New report reveals how $200B in COVID-19 relief aid was STOLEN
A federal watchdog’s investigation strongly suggests that more than $200 billion in taxpayer dollars may have been stolen from two large Wuhan coronavirus (COVID-19) relief initiatives. This is according to the inspector general of the Small Business Administration (SBA) and represents a much greater loss through fraud than the office’s previous projections and underscores the vulnerability […]
06/29/2023
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By Ethan Huff
Ford’s globalist push for more electric vehicles (EVs) DESTROYING company with massive layoff of salaried engineers
People familiar with the matter say that upwards of 1,000 salaried employees and contract workers at Ford Motor Company in North America will soon be laid off in order to offset the company’s massive “green” investments into electric vehicles (EVs). The costs associated with transitioning from traditional gas-powered vehicles to electric alternatives is so high […]
06/20/2023
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By Laura Harris
New Illinois law mandates electric vehicle charging stations in all new and renovated homes
Illinois is set to become the first state in the nation to mandate the installation of electric vehicle (EV) charging stations in the garages of newly constructed or renovated homes. This is after the passage of Senate Bill 40, known as the “Electric Vehicle Charging Act,” which was introduced by Democratic State Sen. Sara Feigenholtz […]
06/09/2023
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By Cassie B.
California’s “impossible” electric truck mandate could put logistics companies completely out of business
With California’s deadline for zero-emissions vehicles looming, logistics companies are growing concerned that compliance will be impossible. Under the new mandate, which goes into effect on January 1, 2024, all new trucks that are bought for servicing distribution centers, ports and rail yards must be zero-emission models. One of the main concerns is the low […]
06/08/2023
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By Laura Harris
HANDS OFF: Walgreens unveils new anti-theft kiosk at redesigned Chicago store to combat organized retail crime
Walgreens has unveiled new anti-theft measures at its redesigned store in Chicago as a solution to rising retail crime, but customers are complaining of being unable to shop for themselves. Company executives made significant changes to their stores to prevent thefts which have been on the rise in retail outlets, with big box stores like […]
06/08/2023
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By News Editors
‘Literally impossible’: Trucking companies brace for California’s electric mandate
Logistics companies are scrambling to meet California’s upcoming Jan. 1, 2024 mandate that all new trucks purchased for servicing ports, rail yards, and distribution centers in the state be zero-emission vehicles, with experts questioning limited access to charging stations and the viability of switching from diesel to electric fleets. (Article by Travis Gillmore republished from […]
06/05/2023
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By Cassie B.
Target LOSES $14 BILLION in market value as backlash over controversial “Pride” collection continues
Target is the latest company to find out the meaning of “get woke, go broke” as the backlash over its controversial LGBT Pride line of products has led to a major financial setback. Financial services giant JPMorgan downgraded Target’s stock from “neutral” to “overweight” as its market value dropped $14 billion in the fallout from […]
06/02/2023
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By Cassie B.
Get woke, go broke: Anheuser-Busch loses $15.7 billion in value after disastrous Bud Light transgender influencer campaign
Anheuser-Busch, the parent company of Bud Light, is taking a huge financial hit in the wake of its troubling advertising campaign featuring a transgender influencer. While some observers initially believed the move only had the potential to alienate more conservative beer drinkers, it has actually driven away a far broader base of consumers, and the […]
05/31/2023
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By JD Heyes
Deposits at Capitol One bank frozen by NYC’s banking commission amid insolvency fears
After Democrats under then-President Barack Obama rammed through a massive new regulatory regime for the banking industry following the 2008 “Great Recession,” Americans were told that bank collapses were a thing of the past. We needn’t worry anymore, Democrats said, because brand-new unaccountable agencies like the Consumer Finance Protection Board were going to make sure that […]
05/25/2023
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By News Editors
Target loses $9B in week following boycott calls over LGBTQ-friendly kids clothing
Target has lost $9 billion in market value since angry social media users called for a boycott of the Minneapolis-based retailer over its rollout of the “PRIDE” collection featuring LGBTQ-friendly clothing for children. (Article by Ariel Zilber republished from NYPost.com) A week ago Wednesday before the controversy erupted, Target’s stock closed at $160.96 a share, giving the big-box […]
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