Here is something that has fail written all over it. Yelp announced that it is installing a new consumer alert as part of the company’s efforts to stand against racism. According to the website, “when a business gains attention for reports of racist conduct, Yelp will place a new Business Accused of Racist Behavior Alert” […]
Money
REPORT: Vatican used donation money to fund Hertz bet
Pope Francis has been railing against free markets and capitalism for years. He just doesn’t keep quiet with his capitalist hate. It is not surprising, considering he is a Jesuit, who lean heavily toward communism. But what makes the Pope’s comments annoying is that he lives in luxury, which is provided to him through markets […]
STUDY: Billionaire wealth surges to all-time high of $10.2 trillion
Good for them! According to a new report by UBS Group AG and PricewaterhouseCoopers, billionaire wealth soared 27.5 percent from the beginning of 2020 to $10.2 trillion in July. This is a record high. The 2020 Billionaires Insights report, which included more than 2,000 billionaires in 43 markets, stated: “Those that are the innovators and […]
Stocks tank as Trump calls off stimulus talks with Democrats
A bold strategy or a bad political tactic with 27 days to go until Election Day? President Donald Trump announced on Twitter that he has ordered his aides to stop negotiating another round of coronavirus-related stimulus and relief measures until after the election. “I have instructed my representatives to stop negotiating until after the election […]
China caught invading U.S. through greenfield investments
By: Andrew Moran For centuries, empires have relied on military might to invade and occupy foreign lands. China has taken a different approach to expand its footprint across the globe: investment. Over the last 20 years, Beijing has invested hundreds of billions of dollars in other countries, most notably through its Belt and Road Initiative […]