Trucking giant files for bankruptcy after receiving over $700 million in gov loans

Trucking company Yellow filed for Chapter 11 bankruptcy on Sunday after receiving than $700 million in COVID-19 pandemic program loans from the federal government, according to […]

New lawsuit challenges grant program that gives only to black women

The American Alliance For Equal Rights (AAER) filed a lawsuit in an Atlanta district court on Wednesday against a venture capital firm running a grant program that […]

Top chip manufacturer announces layoffs despite Biden admin subsidies to the industry

Top semiconductor manufacturer Qualcomm announced a new round of layoffs on Wednesday, even after the industry received huge subsidies from the Biden administration, according to The Wall […]

‘Bidenomics’ is driving the trucking industry off the road, economists say

The trucking industry is hurting following union deals and bankruptcies, due in part to the Biden administration’s economic policies and rhetoric, according to economists who spe to […]

Biden regulator launches investigation into Tesla after complaints of cars losing control

The National Highway Traffic Safety Administration (NHTSA) opened an investigation Friday into Tesla following a number of complaints about Tesla cars losing complete steering control or power […]

Experts see red flags even as Biden takes victory lap on economic growth

The Biden administration is touting the unexpectedly good Growth Domestic Product numbers for the second quarter of 2023, showing the economy grew 2.4% year-over-year. Some experts are […]

California regulator launches investigation into private data collected by smart cars

The California Privacy Protection Agency (CPPA) announced a review of data privacy practices for the smart car industry on Monday. The CPPA’s Enforcement Division is investigating the […]

‘We can’t survive’: Small business loses hundreds of thousands to theft in crime-ridden California

A California hardware store lost $700,000 from shoplifting in 2022 as thefts continue to burden the area, according to The Mercury News. Dale Hardware, located in Fremont, […]

Judge sets hearing for Trump motion seeking to disqualify Fulton DA from 2020 election investigation

A judge scheduled a hearing on Friday to determine whether to approve former President Donald Trump’s motion to disqualify Fulton County District Attorney Fani Willis from the […]

Fed chair predicts inflation will be with us for years

Federal Reserve Chairman Jerome Powell said he believes high inflation will be with us until 2025, even with record high-interest rates, in a Wednesday press conference. Powell […]

Fed resumes interest rate hikes to highest level since 2001

The Federal Reserve hiked its benchmark federal funds rate by a quarter of a percentage point on Wednesday after skipping the previous hike, bringing the rate to […]

UPS avoids major strike in new deal with union

The labor union giant Internal Brotherhood of Teamsters has reached a tentative deal in negotiations with the United Parcel Service (UPS), avoiding a costly strike of 340,000 […]