Secretary of Commerce Gina Raimondo said Thursday that the United States did not want “to hold China down” during a Thursday interview following her trip to that country. Raimondo spent three days in China meeting with multiple officials, following trips by Secretary of State Antony Blinken and Treasury…
Read MoreEmployees at the Chinese parent company of the U.S.-based Gotion Inc., which intends to build two electric battery plants in Michigan, pledged Chinese Communist Party (CCP) oaths and dressed as Red Army soldiers during company field trips, according to several reports and footage posted on the Chinese battery…
Read MoreElon Musk’s X, formerly known as Twitter, intends to consensually gather substantial amounts of personal data from premium users to enhance security, including “biometric information,” using its updated privacy policy, the company told Bloomberg. This data collection will serve as extra identity verification and help prevent impersonation as…
Read MoreElon Musk, the owner of Tesla and X, formerly known as Twitter, turned against wokeness after his child became transgender and began endorsing communist beliefs, according to a new biography by Walter Isaacson. Musk’s oldest child, his son Xavier transitioned at 16 years old, referring to himself as…
Read MoreThe Federal Reserve’s preferred method of tracking inflation went up in July, following a similar move by the Consumer Price Index (CPI), according to the Bureau of Economic Analysis (BEA). The Personal Consumption Expenditures (PCE) price index rose 0.2% for the month of July, culminating in a 3.3%…
Read MoreThe Chinese parent company of Gotion Inc., which intends to build two electric battery plants in Michigan, employs 923 Chinese Communist Party (CCP) members, including its CEO, according to its 2022 ESG report. The Fremont, California-based Gotion Inc. — which is “wholly owned and controlled” by Gotion High-Tech…
Read MoreFederal prosecutors are examining Tesla’s allocation of funds towards a secret project that may be a house for CEO Elon Musk, individuals familiar with the situation told The Wall Street Journal. The U.S. Attorney’s Office in the Southern District of New York (SDNY) has requested details regarding personal…
Read MoreDisbarred attorney Michael Avenatti lost an appeal to overturn his sentence for extorting Nike, according to a Wednesday court filing. The 2nd U.S. Circuit Court of Appeals in Manhattan denied Avenatti’s appeal in a 3-0 decision, with the former lawyer potentially facing 19 years in prison and a…
Read MoreThe U.S. Department of Labor (DOL) announced Wednesday a proposal to extend overtime pay protections for salaried workers, reviving an effort by former President Barack Obama that was struck down in court. The new proposed rule would require employers to pay salaried workers exceeding 40 hours a week…
Read MoreEconomic growth was revised downward for the second quarter of 2022, coming more in line with economists’ original expectations, according to the Bureau of Economic Analysis (BEA). Yearly real Gross Domestic Product (GDP) was revised down from 2.4% to 2.1% growth in the second estimate for the second…
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