Meta CEO, Mark Zuckerberg. Photo by Liu Jie/Xinhua via Getty Meta threatened to pull news from its US platform over a media bill, in a statement on Monday. The media bill will require Facebook and other platforms to pay publishers to distribute news. Meta previously cut all access to news in Australia after a similar…
Category Archives: Blog
Blog
The US secretly put limitations on its HIMARS rocket launchers before letting Ukraine have them, report says
A High Mobility Artillery Rocket Systems (HIMARS) is pictured during military exercise in Skede, Latvia, on September 26, 2022. Photo by GINTS IVUSKANS/AFP via Getty Images The US modified HIMARS rocket launchers it sent to Ukraine, according to The Wall Street Journal. HIMARS have proved to be one of the most important weapons in Ukraine’s…
Blog
An airline told a couple’s teenagers to fly from Ireland to Florida alone after it overbooked a flight, reports say
The family was eventually reunited in Florida but were all very upset by the experience, according to the mother. Nicolas Economou/NurPhoto/Getty A family traveling from Belfast to Florida via London was reportedly split up after an airline oversold a flight. One family member detailed her experience on the BBC radio show “On Your Behalf.” Two…
Blog
Georgia Republicans are losing faith in Herschel Walker as runoff election concludes, report says
Georgia Republican Senate nominee Herschel Walker. AP Photo/Todd Kirkland Herschel Walker and Raphael Warnock are fighting for a Senate seat in Georgia’s runoff election Tuesday. Despite the tight race, Republican candidate Walker has been keeping a light schedule. GOP allies have privately said that chances of him winning are slim, Politico reported. Georgia Republicans are…
Blog
Brace for a stagflationary crisis that the Fed and other policymakers will be powerless to prevent, Nouriel Roubini warns
Tom Williams/CQ Roll Call/GettyImages The global economy is headed for an unavoidable crash, according to Nouriel Roubini. The ‘Dr Doom’ economist warned that ‘the mother of all stagflationary debt crises’ is coming. The Federal Reserve might be powerless to prevent a collapse, he said. The global economy could be headed for crisis with policymakers powerless…
Blog
GOP backlash over Trump’s call for ‘termination’ of the US Constitution grows despite his attempts to walk back comment
Former President Donald Trump speaks remotely during the Republican Jewish Coalition (RJC) Annual Leadership Meeting in Las Vegas, Nevada on November 19, 2022. David Becker for the Washington Post Donald Trump claimed on Monday that he had not called for the Constitution to be cancelled. It came amid a backlash from Republican senators over the…
Blog
It’ll take months for the impact on Russian oil from the EU price cap to feed through – and how bad it is depends on these 3 things, PIMCO says
EU sanctions on Russian crude kicked in on December 5. Tim Chong/Reuters It will be months before we know the real impact of the EU price cap on Russian oil, PIMCO said. Where oil will be depends on 3 things, PIMCO’s commodities strategist Greg Sharenow said. These include how many ships Russia can procure and…
Blog
Homebuyers will flock to the Midwest in 2023 because prices will still be too expensive in coastal states, a Zillow economist predicts
Orphe Divounguy, a senior economist at Zillow Courtesy of Zillow The Midwest could be 2023’s hottest housing market because it’s affordable, one Zillow economist said. Buyers may look at cities like Chicago, Indianapolis, and Cleveland, where prices have remained stable. “Buyers who can afford it should consider taking advantage of current conditions,” the economist said….
Blog
Live Results: Democrat Raphael Warnock and Republican Herschel Walker face off in the Georgia Senate runoff
Getty; Marianne Ayala/Insider Raphael Warnock and Herschel Walker are fighting to the finish in Georgia’s Senate runoff. Warnock is seeking a full 6-year term, while Walker hopes to knock off the incumbent Democrat. Both parties see the Senate runoff as a proving ground in advance of the 2024 presidential election. Democratic Sen. Raphael Warnock and…
Blog
Expect Chinese stocks to rally hard now that Beijing has set a ‘clear path’ to reopening, Morgan Stanley says
Beijing started easing its zero-COVID controls earlier this month. Sittirak Jadlit/Shutterstock Morgan Stanley upgraded its outlook for China equities and expects a move toward ending zero-COVID controls to boost stocks. Hong Kong’s Hang Seng index could rally 13% from its current level by the end of 2023, strategists said. Major Chinese cities including Shanghai and…