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Excerpt from freedomist.com
It turns out all the claims that American needs immigrants because there are more jobs than people might not be as true as many have been claiming for the past decade. The Center for Immigration Studies (CIS) released a report that of the immigrants who have arrived in the U.S. after 2022, only 46 percent are gainfully employed.
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Excerpt from www.law360.com
Three insurers have told a California federal court they owe no coverage to Chevron under separate marine cargo and war risks policies after the oil giant said the Iranian military seized…
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Excerpt from cleantechnica.com
Words have consequences, especially when uttered by someone who has an enormous public following. For almost ten years, regulators have been wrangling with Elon Musk over his claims that Tesla automobiles can drive themselves with little to no input from human drivers. The name “Autopilot” has been controversial from the start, as many contend it lulls drivers into a false sense of security. Musk, in his own inimitable fashion, has refused to consider changing the name to something less controversial.
Full Self Driving implies the system is capable of Level 4 autonomous driving, which it clearly is not. It may be good, it may even be very good, but it is at best a Level 2+ system. Even Tesla admits drivers must “supervise” it, which confuses the situation even more. A year ago, the National Highway Transportation Safety Administration (NHTSA) issued a directive that required Tesla to “recall” all of its cars sold in the US that had the “Autosteer on City Streets” feature installed (“recall” in this case meant that it had to roll out a software update). NHTSA describes the defect as follows:
The American Action Forum (AAF) has calculated that President Joe Biden’s regulation changes and executive orders have cost the American economy an additional $1 Trillion, an investment that, the report claims, fails to deliver results that justify the cost increase. Dan Goldbeck, AAF’s director of regulatory policy, stated, “This past week, the final rule cost total for just 2024 can now be measured in 13 digits. While no rule matched the singular impact of the prior week’s EPA rule – because, really, what could? – this was also one of the more prolific weeks in recent memory.”
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Excerpt from lidblog.com
Joe Biden has been the worst president in history where it comes to adding new regulations to burden Americans and has slammed us all with a massive $1 TRILLION in new regulations and rules… yes, just as the economy is already doing so badly, he is trying to hurt it even more with oppressive rules.
Per American Action News:
The Environmental Protection Agency’s (EPA) final emissions regulations for light- and medium-duty vehicles, which some have characterized as an electric vehicle (EV) mandate, pushed the costs of the Biden administration’s regulatory agenda over the $1 trillion threshold for 2024, alone, according to AAF’s analysis. Across all agencies and regulatory actions last week, the federal government published regulations imposing $103 billion worth of total costs and 11.6 million annual paperwork hours.
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Excerpt from lidblog.com
The massive failures of Bidenomics is pushing more banks to the verge of insolvency, a report finds.
Inflation, sky-high interest rates, and crashing economic growth is sending many smaller banks past the breaking point.
Worries of a possible new wave of bank failures comes on the heels of bank regulators seizing Republic First Bancorp to set up its sale to Fulton Bank.
Per Just the News::
The bank reportedly had a total of $6 billion in total assets and $4 billion in total deposits, according to Yahoo Finance. The Federal Deposit Insurance Corp estimated the cost of the failure to its fund would be about $667 million.
Republic Bank has 32 branches in New Jersey, Pennsylvania and New York that are reopening as branches of Fulton Bank by this Monday.
Just the News added, “According to recent reports, hundreds of banks face the potential of failing just like Republic First Bancorp.”
Consulting firm Klaros Group analyzed roughly 4,000 U.S. banks and found that the banks face a threat of losses due to “secular changes in social patterns accelerated by the COVID pandemic (such as work-from-home, which has materially impacted demand for office space) and to the impacts of higher interest rates and related inflation.”
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Excerpt from uk.movies.yahoo.com
(Reuters) – U.S. Senator Mark Warner called on Facebook Inc to provide more transparency over its decision to not fact-check ads run by politicians, asking whether it would comply with a new rule that requires online platforms to disclose the purchasers of ads.
Facebook has been under fire over its advertising policies, especially after it exempted politicians’ ads from fact-checking standards applied to other content on the social network.
Chief Executive Officer Mark Zuckerberg has earlier defended Facebook’s policy, saying that the company did not want to stifle political speech.
In a letter to Zuckerberg on Monday, Warner cited some recent ad examples which he described as containing falsehoods about former Vice President Joe Biden and said it underscored the need of accountability.
“Facebook’s apparent lack of foresight or concern for the possible damages caused by this policy concerns me,” Warner said in the letter. (http://bit.ly/2Ng3z3C)
