Markets

Gas Prices Jump 33 Cents in Past 2 Weeks—$6 per Gallon by August

The average price of regular-grade gasoline spiked 33 cents over the past two weeks to $4.71 per gallon, according to the Lundberg Survey, which comes as some analysts predict prices will climb above $6 a gallon by the end of the summer.

Mastercard Introduces Controversial Biometric Payments That Require a Face Scan

Amid privacy concerns, payments giant Mastercard is rolling out the controversial biometric payment systems, allowing users to pay with the wave of a hand or a smile at a camera.

German Ministry’s Woke Definition of ‘Being White’ Removed After Public Backlash

A newly minted website of the German Federal Ministry for Family Affairs, Senior Citizens, Women and Youth triggered consternation in the country after it defined White people as benefitting from White privilege and claimed that “being White” means benefitting from racism.

Economic Experts Expect the Global Economy to Worsen

Global stock markets are expected to continue hemorrhaging money as more heavy selling continues this summer while central banks around the world hike interest rates to try and combat spiraling inflation.

Dow Plunges 1,063 Points in Widespread Sell-Off Led by Tech Stocks

Stocks fell sharply in U.S. markets on Thursday morning, led by the technology and consumer discretionary sectors. The Dow Jones Industrial Average fell by 1,100...

Apple Hit With EU Antitrust Charge Over Its Payment Technology

EU antitrust regulators charged Apple on Monday with restricting rivals' access to its NFC chip technology in a move that could result in a hefty fine for the iPhone maker and force it to open its mobile payment system to competitors.

‘The Supply Chain Does Not Exist’: Green Energy Industry Is In For A Rude Awakening

Renewable energy prices have skyrocketed while new wind and solar installations have plummeted over the last year, even as governments continue to forge ahead with ambitious climate plans.

EPA Waives Restrictions on Ethanol Gasoline in Bid to Lower Prices

issued a waiver on Friday designed to expand the sale of ethanol-blended gasoline as part of President Joe Biden's strategy to bring down high fuel prices.

Musk’s Ties to the Chinese Communist Party

Elon Musk is heavily invested in China.

Financial Markets Brace for Stagflation as Global Growth Optimism Sinks

Waning optimism over global economic growth prospects and rising stagflation fears have prompted investors to seek shelter in investment hedges.

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