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News & Articles By Laura Harris
06/30/2023
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By Laura Harris
POLL: 40% of Californians considering LEAVING due to high cost of living, soft-on-crime policies, woke politics
A recent poll has found that over 40 percent of California’s residents are seriously considering moving out of state, with the primary factors driving this desire being the high cost of living, soft-on-crime policing policies, rampant homelessness, “woke politics” and other economic anxieties. The survey in question, the California Community Poll, queried 800 Californians about […]
06/27/2023
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By Laura Harris
Wealthy shoppers now embracing discount stores amid worsening FOOD INFLATION
Discount retailers such as Dollar General, Aldi and Five Below are seeing wealthier customers flock to their locations amid worsening food inflation. Retail analytics firm InMarket noted that there has been a four percent average increase in the share of individuals making more than $100,000 visiting dollar stores this year, compared to the second half […]
06/27/2023
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By Laura Harris
FedEx to shut down 29 more aircraft as shipping demand shrinks
Global shipping giant FedEx plans to remove 29 aircraft from its fleet this year as part of a comprehensive cost-cutting initiative. This move aims to significantly decrease permanent costs and enhance the flexibility of the company’s logistics network in response to the downturn in global trade. During a recent earnings briefing, FedEx CEO Raj Subramaniam announced that the […]
06/21/2023
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By Laura Harris
Saudi Arabia signs $5.6 billion deal with China to boost the kingdom’s EV industry
Saudi Arabia has announced its intention to further “collaborate” with China by strengthening its economic ties with the communist nation in the form of a new multi-billion dollar deal that will boost the kingdom’s electric vehicle (EV) industry. Saudi Arabia’s Ministry of Investment inked a $5.6 billion deal with Chinese EV manufacturer Human Horizons to collaborate on […]
06/20/2023
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By Laura Harris
Central banks are badly losing their war against FOOD INFLATION
Amid a wave of interest rate hikes by central banks across the globe, the surge in food prices continues unabated. Experts associated this phenomenon with two key factors: the inelasticity of food demand and a looming long-term supply crisis. Despite the best efforts of central banks to rein in inflation through interest rate adjustments, the fundamental need […]
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 […]
06/15/2023
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By Laura Harris
Leaked files show Saudi crown prince threatened “major” economic pain on US amid oil feud
A leaked American intelligence document shows that Saudi Arabian Crown Prince Mohammed bin Salman privately threatened to alter the long-standing status of the United States’ relationship with Saudi Arabia by imposing “major” economic costs on the country if Washington retaliated to the kingdom’s decision to slash oil production last year. The classified U.S. intelligence document was leaked […]
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 […]
06/01/2023
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By Laura Harris
Portent of things to come: AI-generated image of Pentagon explosion goes viral, triggers market downturn
An image purportedly showing an explosion at the headquarters of the U.S. Department of Defense (DoD) in Virginia triggered a frenzy of turmoil on social media and caused a market downturn. However, the said image was found to be a fake one generated using artificial intelligence (AI). Several news outlets tweeted the image, among them […]
05/31/2023
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By Laura Harris
Multibillionaire eBay founder invests in private security startups while donating nearly $2M to defund police
Pierre Omidyar, the billionaire founder of eBay, invested money in several privacy security startups like Uber for Bodyguards. He did that while donating nearly $2 million to organizations that advocate defunding and abolishing the police. Omidyar has an estimated fortune of $8.91 billion. As per Forbes magazine’s latest rankings in 2023, he is currently ranked as the 220th […]
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