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Business/Economy (General/Chat)

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  • The worst commercials to grace your TV in the past decade

    05/22/2024 9:37:19 PM PDT · by DallasBiff · 14 replies
    NY Post ^ | 12/28/19 | Paula Froeich
    Dove, 2017 Jaws dropped when Dove debuted a three-second Facebook advertisement in which an African-American woman removed her shirt and magically transformed into a white woman. Critics decried that it was reminiscent of racist soap ads from the last century that showed black people scrubbing their skin to become white. Dove removed the clip almost immediately and apologized, saying the post had “missed the mark in representing women of color thoughtfully.”
  • Elvis Presley’s Granddaughter Hard Stops Graceland Auction

    05/22/2024 6:54:02 PM PDT · by nickcarraway · 16 replies
    UltimateClassicRock ^ | Published: May 22, 2024 | Billy Dukes
    Elvis Presley's granddaughter sent an investment company intent on auctioning off Graceland running. Riley Keough didn't just convince a judge to block the auction of Graceland on Thursday. The actor's legal response scared off Naussany Investments and Private Lending LLC for good. Elvis Presley Enterprises (Graceland) labeled claims made by Naussany as fraudulent upon learning they planned to auction Graceland to get back money loaned to Lisa Marie Presley in 2018. Keough's lawyer said the loan never happened and Naussany "appears to be a false entity created for the purpose of defrauding." A quick family tree is necessary to understand...
  • The end of an era: Whatever happened to the phone book?

    05/22/2024 6:40:22 PM PDT · by DallasBiff · 45 replies
    TheAlmanac ^ | 1/7/23 | Karen Mansfield
    Alas, the poor phone book. Once, it was the cornerstone of American connection, an indispensable resource people relied on to find pizza shops, plumbers, and the number of the cute girl in math class. But now, when a new phone book lands on a homeowner’s doorstep, the tome most often gets tossed in the recycling bin. They might be used to press flowers, or as a booster seat or a door stop, but fewer and fewer phone books are used for what they were originally intended, to look up telephone numbers.
  • MSNBC's Ruhle wants 'economic explainer' to tell 'confused' Americans they're 'doing quite well'

    05/22/2024 6:21:55 PM PDT · by Libloather · 17 replies
    Fox Business ^ | 5/22/24 | Alexander Hall
    MSNBC host Stephanie Ruhle called upon the president of Chicago’s Federal Reserve to tell viewers that they are economically far better off than they think. "We need an economic explainer," the MSNBC host said. "People are confused, they’re exhausted, but they’re also doing quite well." Ruhle, who hosts MSNBC’s "The Eleventh Hour," had been discussing a recent Federal Reserve report that "shows people are still struggling to cover day-to-day expenses, even as inflation has slowed." She noted how some major brands are responding by enticing consumers with slashed prices, "Target says it is cutting prices on 5,000 essential items, things...
  • Reclaim your privacy by disabling your cellphone carrier’s data tracking

    05/22/2024 5:40:48 PM PDT · by Libloather · 23 replies
    Fox News ^ | 5/22/24 | Kurt Knutsson
    We've all heard before that our cellphones are listening to us and monitoring our every move. While this has been debunked (or, at least, explained), the fact of the matter is that data tracking is standard practice by the most popular mobile carriers these days. **SNIP** If you don't want your mobile carrier to have so much overarching access to your data, there are ways you can stop them. The problem is that most mobile carriers aren't going to broadcast this information because it's beneficial for them to maintain this access. However, that's why we're here to help. Managing your...
  • Top House Democrat's sister loses crowded deep blue primary despite endorsements from 'Squad' (Susheela Jayapal in Oregon)

    05/22/2024 5:07:21 PM PDT · by Libloather · 15 replies
    Fox News ^ | 5/22/24 | Andrew Mark Miller
    Maxine Dexter won the Democratic Primary in Oregon's 3rd Congressional District on Tuesday, defeating a crowded field of progressives that included the sister of Congressional Progressive Caucus Chair Pramila Jayapal. Dexter won the primary to replace outgoing Democratic Rep. Earl Blumenauer, who had served in Congress since 1996, in a district covering much of Portland, Oregon, which is reliably blue and unlikely to be won by a Republican in November. Susheela Jayapal, a former county commissioner, was endorsed by U.S. Sen. Bernie Sanders of Vermont and several members of the far-left "Squad" House Democrats, including Reps. Alexandria Ocasio-Cortez of New...
  • FBI raids office of controversial Soros-funded Mississippi DA and the cigar shop he owns

    05/22/2024 3:13:50 PM PDT · by Libloather · 16 replies
    Daily Mail ^ | 5/22/24 | Germania Rodriguez Poleo
    Several properties used by a Mississippi district attorney have been raided by the FBI. Democratic Hinds County District Attorney Jody Owen's office was raided on Wednesday, as was the Downtown Cigar Company, a tobacco shop and lounge he owns in Jackson, per Idaho News. The reason behind the searches has not been revealed by officials. FBI spokesman Marshay Lawson said in a statement: 'The FBI is executing federal search warrants at the multiple locations. 'The affidavit in support of the search warrants has been sealed by the court and so I am prohibited from commenting further. There is no threat...
  • Ozempic mania’s billions in bills are coming for U.S. taxpayers

    05/22/2024 11:46:24 AM PDT · by DallasBiff · 22 replies
    The Spokesman-Review ^ | 1/5/24 | Simone Foxman and Laura Nahmias
    State and local governments across the US are grappling with a growing problem: Expensive drugs to treat diabetes and obesity are threatening to drain their health-care budgets. State health plans and Medicaid offices are seeing eye-popping bills for Novo Nordisk A/S’s Ozempic, its sister drug Wegovy and similar medications known as GLP-1s. They’re a breakthrough for treating two of the most complex chronic health conditions. But with list prices stretching above $1,000 a month, the costs threaten to empty government coffers. “It’s not sustainable,” North Carolina Treasurer Dale Folwell, who oversees state workers’ health insurance, lamented at a recent board...
  • China's 8-cylinder, 2-liter megatourer heralds a global motorcycle conquest

    05/22/2024 11:04:11 AM PDT · by Red Badger · 37 replies
    New Atlas ^ | May 20, 2024 | Mike Hanlon
    Souo's first motorcycle has a 4-valve, DOHC, 8-cylinder, 2000cc engine - that's two 1000cc four-cylinder engines joined together. All the liter sports bikes now produce more than 200 horsepower, so we expect that 400 hp would be relatively easily achievable should Souo desire to make a further splash when the horsepower figures are announced.Souo ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ We love an adventurous startup, but GWM's new "clean sheet" motorcycle company announced last Friday really does look ominous in its potential to disrupt the established motorcycle industry order. The privately-owned Chinese "Great Wall Motor Company" (GWM) started making cars in 1984, yet it has...
  • Nestlé Is Launching a New Food Line for Ozempic Users

    05/22/2024 10:47:23 AM PDT · by DallasBiff · 9 replies
    Eat This, Not That ^ | 5/22/24 | Alexa Melidaro
    For those who are looking to slim down and achieve an all-around healthier lifestyle, Ozempic and other popular weight-loss drugs are currently all the rage. But as with any weight-loss method, it's essential to make some serious life changes to support the journey and healthily maintain your new goal weight. This includes implementing necessary diet tweaks. Get excited, because Nestlé is making the entire task a whole lot simpler with their new food line, "Vital Pursuit," for Ozempic users, which will launch in the latter part of 2024.
  • State quietly halts $200M cannabis social equity fund

    05/22/2024 9:23:35 AM PDT · by xoxox · 17 replies
    Crain's Leftwing Business ^ | May 22, 2024 11:43 AM | Adam Jackson, Green Market Report
    Gov. Kathy Hochul’s administration quietly ended a $200 million program aimed at helping disadvantaged entrepreneurs open cannabis dispensaries, amid allegations of predatory lending practices. The Social Equity Cannabis Investment Fund, which was overseen by DASNY, came under fire last month after a report by local nonprofit news outlet The City alleged that DASNY entered into an agreement that allowed a private equity firm to provide $50 million to the fund at a 15% interest rate.
  • Warren Buffett is Holding a Record Amount of Cash

    05/22/2024 9:09:45 AM PDT · by SeekAndFind · 28 replies
    Daily Trade Alert via Wealth Retirement ^ | 05/22/2024 | Marc Lichtenfeld
    Last week, I talked about the best places to keep your short-term cash, including Treasurys and certain certificates of deposit (CDs).Perhaps Warren Buffett is a Wealthy Retirement reader, because his firm, Berkshire Hathaway, is holding more cash in Treasurys than ever before: $189 billion. (As they used to say in the old New York state lottery commercial, “That’s a lot of bread!”)Interestingly, the only time Berkshire’s cash stash has declined since 2016 was in 2022, when the market had an awful year and dropped by more than 19%. That tells us that as the market was falling, Buffett was putting...
  • Secret Service denies involvement in Hunter Biden gun fiasco — despite FBI doc claiming otherwise

    05/22/2024 2:39:02 AM PDT · by Libloather · 14 replies
    NY Post ^ | 5/21/24 | Victor Nava, Josh Christenson
    The Secret Service doubled down Tuesday, once again denying that agents attempted to retrieve paperwork from the gun store where Hunter Biden infamously purchased a Colt Cobra revolver that his sister-in-law-turned-lover later tossed in a garbage bin. The agency’s latest denial, however, comes after federal court filings on Monday showed that the FBI interviewed the owner of the StarQuest Shooter gun store in Wilmington, Del., who said that both Delaware State Police and Secret Service agents visited his business the day after the .38-caliber revolver went missing. “There is no change in our statement,” Anthony Guglielmi, chief of communications for...
  • Hunter Biden’s ex-wife, sister-in-law-turned-lover to take witness stand in his gun trial

    05/22/2024 1:27:31 AM PDT · by Libloather · 12 replies
    NY Post ^ | 5/21/24 | Josh Christenson
    Hunter Biden, this is your life! The first son’s ex-wife and a pair of his former lovers are slated to testify in Delaware federal court about his crack cocaine addiction as he heads to trial on weapons charges beginning June 3. Hunter’s former spouse Kathleen Buhle, his sister-in-law-turned-lover Hallie Biden and ex-girlfriend Zoe Kestan all have memories of the now-54-year-old’s near-constant drug use during the period in October 2018 when he lied about his addiction and purchased a handgun, according to Monday court filings. Hunter deliberately claimed on a federal background check form that he was neither a user of...
  • Joe Biden’s Economist IS CLUELESS About Economics!!

    05/21/2024 7:52:25 PM PDT · by Republican Wildcat · 18 replies
    "The US government can't go bankrupt because we can print our own money." Q: "Like you said they print the dollar so why why does the government even borrow?" "Well um the uh so the I mean again some of this stuff gets some of the language that the um some of the language and concepts are just confusing I mean the government definitely prints money and it definitely lends that money which is why the government definitely prints money and then it lends that money by uh by selling bonds uh is that what they do...they they um they...
  • Atlanta mom disrupts school awards ceremony after her son didn't win anything

    05/21/2024 6:06:42 PM PDT · by Libloather · 75 replies
    Daily Mail ^ | 5/21/24 | Kamal Saltan
    A mother in Atlanta disrupted an awards ceremony at her son's school after he did not receive any prizes. She stood up in middle of the event and walked up to the front of the stage before ranting after her child did not win anything. The person presenting the award was forced to apologize to those in attendance and tried to de-escalate the situation. The incident was caught on video and shared to X where it has been viewed more than 500,000 times. In the clip, the mother is heard shouting at the person who is presenting the awards but...
  • Cruise ship offers retirees a lifetime ticket for flat fee to travel the world - while helping them beat 'inflation' ($299k, $499,999 double occupancy)

    05/21/2024 5:51:45 PM PDT · by Libloather · 59 replies
    Daily Mail ^ | 5/20/24 | Emma Richter
    A cruise line has offered the adventure of a lifetime for retirees to explore the world in luxury and give them a chance to beat inflation. Villa Vie Residences has launched their Endless Horizons program, which allows passengers to set sail on the Villa Vie Odyssey ship and take off on a seven-continent adventure on May 30. The luxury cruise liner requires a one time payment of $299,999 for a single room and $499,999 for a double occupancy cabin. 'One aspect most people nearing retirement age are concerned about is ongoing living expenses and the possibility of outliving their savings,'...

    05/21/2024 4:57:28 PM PDT · by Signalman · 8 replies
    Power Line ^ | 5/21/2024 | John Hinderaker
    The Biden Administration is determined to limit America’s production of fossil fuels, of which we have the largest supply in the world. This will transition us from a position of energy independence, and potentially energy dominance, into a position of subservience to the Chinese Communist Party, on which we will depend for the vast quantities of materials that are needed for wind turbines, solar panels and batteries–which we will not be allowed to mine here. If this plan isn’t outright treasonous, it is possibly the stupidest program ever carried out by a government in world history. The stated rationale for...
  • WSJ Analysis: New Planet Fitness CEO will likely have to address controversy of men in women’s locker rooms

    05/21/2024 11:58:16 AM PDT · by Morgana · 8 replies
    Catholic Vote ^ | May 21, 2024 | staff
    CV NEWS FEED // A Wall Street Journal analysis article recently highlighted that Planet Fitness’ incoming CEO will most likely have to address the controversy about men using women’s locker rooms, even though the viral outrage over the controversy has subsided for now. WSJ journalist Jennifer Maloney wrote on May 19 that Planet Fitness is still in the center of a “culture-war storm” that started in March, when a female gym user posted a photo of a man using the women’s locker room at an Alaska Planet Fitness location. The male gym member identified as “transgender” and is seen in...
  • What Are Rotary Dial Phones and How Do They Work?

    05/21/2024 10:19:32 AM PDT · by DallasBiff · 192 replies
    Interesting Engineering ^ | 6/5/21 | Christopher McFadden
    The rotary dial phone was once the be all and end all of the telephones. Like the cellphone of today, everybody had one, and they ruled domestic communications for decades. But that all changed in the 1980s when they were supplanted by a new upstart, push-button telephones. Their days were numbered (pun intended). Many born after the 1990s have likely never seen one, which is a shame. But for those who do remember, join us as we take a trip back in time in remembrance of this glorious piece of telecommunications history.