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Business

Starbucks Plans to Tap Young, Wealthy Customers to Weather Recession

American Faith -
Starbucks Corp. topped Wall Street estimates for quarterly comparable sales and profits on Thursday, saying it will weather any coming recession by selling customized cold...
Business

US Economy Added 261,000 New Jobs in October as Hiring Stays Strong

American Faith -
The U.S. economy added 261,000 new jobs in October, down from the upwardly revised 315,000 in September, according to the Bureau of Labor Statistics...
Business

Elon Musk Says Twitter Revenue Declining Despite No Changes to Censorship Policies

American Faith -
Twitter owner Elon Musk said the social media company’s revenue is declining because of skittish advertisers, despite the tech platform making zero changes to its censorship policies.
Business

BlackRock Makes Major Change After Backlash Against Woke Investing

American Faith -
BlackRock CEO Larry Fink said in a letter that his asset management company would extend choice in proxy voting to more large-scale investors.
Business

Elon Musk to Fire Half of Twitter Employees

American Faith -
Layoffs are said to be an effort to cut costs.
Breaking

Facebook Stock Down 70%, Company Out $800 Billion In Market Cap

American Faith -
Facebook's stock is down 70% from its original value at the beginning of 2022, now worth roughly $90 dollars.
Business

Fed Hikes Interest Rates 0.75% As It Struggles Against Highest Inflation in Decades

American Faith -
The Federal Reserve launched another sortie against the fastest inflation in four decades on Wednesday, approving the fourth straight supersized rate increase and signaling more increases were likely in the months ahead.
Business

China to Be Investigated If Republicans Win House in November

American Faith -
Minority Leader Kevin McCarthy said House Republicans will set up a committee to investigate how COVID-19 spread from China, military and economic threats from the eastern nation, and intellectual property theft.
Business

Elon Musk Just Pulled the Plug on Twitter Censors

American Faith -
New Twitter CEO Elon Musk has made another move to prevent viewpoint discrimination while he sorts out the dumpster fire known as Twitter’s “Trust and Safety” department.
Breaking

How the Surveillance State and Big Tech Worked Together to Make Twitter ‘Disinformation’ the Source of Unrest

American Faith -
Federal agencies that originally targeted American threats are now threatening Americans' free speech.
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