Facebook Parent Company Could Face $12B Fine

The European Union on Monday issued Facebook parent company Meta with a list of objections over of its online classifieds business, Facebook Marketplace. The European Commission, the EU’s executive arm, said that it found Meta breached EU antitrust rules by distorting competition …

READ MORE

Elon Musk: Auto Loans Could Be Source of ‘Biggest Financial Crisis Ever’,and these same people that took out these big loans are now ‘underwater.’ They owe banks more on these cars than they are worth, the banks are well-aware of the problem.

The automotive market may be under stress as several experts call for a massive wave of repossessions in early 2023, with prominent figures like Tesla founder Elon Musk and Ark Invest’s Cathie Wood sounding the alarm about the potential impact on financial …

READ MORE

Blackouts could hit by Christmas

Texans could have a dark, cold Christmas if an Arctic blast headed east continues its path. Texas suffered a massive power grid failure in February 2021 after three severe winter storms and frigid temperatures stressed the grid. The grid’s failure resulted in millions …

READ MORE

‘We don’t have enough trucks!’ Pete Buttigieg says rail strike – which could result in 60,000 workers walking out before the holidays and cost economy up to $2 BILLION a day – is ‘not acceptable’ and must be prevented

by Boo_Randy What’s “unacceptable” is that essential workers are seeing their purchasing power & standard of living destroyed by the Fed’s debasement of the currency, and inflation rates far in excess of what our lying, Soviet-style CPI stats say it …

READ MORE