Investment

Democrat Candidate’s Staffer Worked for CCP

A Chinese national has been charged with acting as an illegal agent for the Chinese Communist Party (CCP) while serving as the campaign manager for a California politician.

Biden Announces New Climate Goals Days Before Leaving Office

President Joe Biden announced new climate goals with only 31 days left in office.

U.S. Stocks Plunge After Fed Cuts Rates and Signals Slower Reductions

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

Italian Premier Giorgia Meloni Defends Friendship with Elon Musk Amid Criticism

Italian Prime Minister Giorgia Meloni has openly defended her friendship with US tech billionaire Elon Musk, asserting that her personal connection with him does not influence her duties as Italy’s leader. Speaking in Parliament, Meloni made it clear that her government remains independent, despite her relationship with Musk, and she emphasized that she would not be swayed by his economic interests.

New Lithuanian Furniture Plant in Mocksville to Create 250 Jobs

A $70 million furniture manufacturing plant planned by SBA Home, a Lithuanian company that produces furniture for IKEA, will bring 250 new jobs to Mocksville, North Carolina, thanks to significant state and local incentives. The North Carolina Economic Investment Committee approved a $1.4 million job development investment grant, to be distributed over the next 12 years, while Mocksville and Davie County contributed $800,000 in incentives to support the project.

Biden Administration’s LNG Report Challenges Trump’s Export Plans

The Biden administration’s Energy Department released a report that could complicate President-elect Donald Trump’s plans to promote liquefied natural gas (LNG) exports.

Department of Defense Funding Fungus Protein Alternative

The Pentagon is funding companies creating protein alternatives as part of its Distributed Bioindustrial Manufacturing Program (DBIMP).

New York’s $600 Million Bills Stadium Deal Bad Investment for Taxpayers

A few years ago, the Buffalo Bills threatened to leave New York State unless a new stadium deal was secured. This kind of relocation bluff is common in the NFL, with only the Green Bay Packers standing out as a team with a municipally owned facility and a market too small to seriously consider relocation. Despite the ever-present threat of the Bills moving to a more lucrative market, Democrat Governor Kathy Hochul ultimately signed a deal providing $600 million in state funding for a new $2.1 billion stadium for the Bills, with Erie County contributing an additional $250 million. This was after team owner Terry Pegula threatened to move the franchise to Austin, Texas, where he would privately finance a stadium.

Trump Plans to Expand GPS Tracking of Illegal Immigrants

President-elect Donald Trump’s transition team is considering a major expansion of GPS monitoring for illegal immigrants not held in federal detention, according to sources...

Democrats Invest in Northern Virginia Special Elections Ahead of 2025

The Democratic Legislative Campaign Committee (DLCC) announced on Tuesday a $100,000 investment in two Northern Virginia state legislature special elections scheduled for January, The Hill reported.

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