Economy

The Department of Justice (DOJ) on Tuesday announced it is opening a review into whether the United States’ biggest and most powerful technology companies have stifled competition or hurt consumers. 

Ford Motor Company is set to hire hundreds of American workers at one of its Chicago, Illinois-based auto manufacturing plants, executives announced this week.

An electric Ford F-150 pickup truck recently towed more than one million pounds of rail cars for 1,000 feet at a recent demonstration of the company’s ambitions to enter the electric vehicle market.

The IMF now expects world trade will grow 2.5% in 2019, nearly a full percentage point lower than the April forecast.

Dating app Tinder has joined a number of other apps in bypassing Google’s Play Store fees by forcing users to enter their credit card details directly into the app instead of paying uses Google’s service.

Peter Thiel, one of big tech’s few prominent conservative-libertarians, is gunning for Google. The billionaire PayPal founder recently gave a speech in D.C. branding the tech giant “treasonous” and calling for a criminal investigation over its work with the Chinese military.

Amazon and Facebook have both smashed quarterly lobbying records Tuesday amidst rising interest regulating and using antitrust against America’s largest technology companies. 

All three components of the composite index—shipments, new orders, and employment—registered declines for July. 

Job Creators Network President Alfredo Ortiz shredded Rep. Rashida Tlaib’s (D-MI) proposal of a $20 minimum wage by pointing out that it’s economically unsustainable and said even Sen. Bernie Sanders (I-VT) is cutting hours for his presidential campaign staffers, some of whom called $15 pay “poverty wages.

San Francisco saw its homeless population rise by 17% in the last two years, but the rise in many surrounding counties has been worse.

Elected officials in Maryland’s Montgomery County are trying to abolish the legal foundation for suburbia — “single family zoning” — to better aid and encourage a massive inflow of immigrant employees, consumers, and renters.

Facing a tough re-election, Obama chose a path of confrontation, of divide-and-rule politics, echoing Occupy Wall Street and inflaming the Trayvon Martin controversy.

President Donald Trump ripped the Puerto Rican government on Monday, calling its leadership “corrupt” and “incompetent” as tens of thousands of protesters take to the streets demanding Gov. Ricardo Rosselló’s resignation.

Homeland defense officials are finally expanding their fast-track “expedited removal” deportation powers to quickly deport illegal migrants nationwide who cannot show they have lived illegally in the United States for longer than two years. 

The Federal Trade Commission (FTC) wanted to levy a fine against Facebook in the “tens of billions;” however, the consumer protection agency relented against the social media giant, according to a report.

Americans have no moral right to detain migrants caught at the U.S. border, and must release them to Catholic Charities and other non-profit welcoming groups, says Democrat leader Sen. Chuck Schumer, who was caught on video offering a thumbs-up signal of support to illegal migrant men.

The South China Morning Post reports that trade talks in Beijing are likely to happen as early as next week.

A recent exposé on a number of Silicon Valley delivery apps reveals the pressure drivers are put under and how tips meant for drivers are diverted directly to the bottom line by some popular delivery apps, including DoorDash.

Sarah Lee writes at Townhall that Democrats may obstruct passage of the deal to replace NAFTA despite its superiority in terms of U.S. jobs, GDP, environmental standards, and labor protections–all of which they purport to value.

Google has reportedly settled a class-action lawsuit alleging widespread age discrimination against over-40 job applicants at the company for $11 million.

Another economic crisis is imminent and “warning lights are flashing,” according to presidential candidate and Massachusetts Sen. Elizabeth Warren (D-MA), who offered a plan to address the looming economic threat Monday.

Britain’s payments to the European Union budget swelled by billions of pounds in an “eye-popping” 20 per cent increase to its bloc obligations in the year to March 31st, despite the country having voted to leave the EU all the way back in 2016.

Affluent New Yorkers are leaving the city in favor of Florida’s more reasonably priced Miami-Dade County.

It seemed destined to happen and Marvel’s “Avengers: Endgame” has finally toppled “Avatar” as the highest grossing box office movie of all-time, earning over $2.7897 billion.

NEW YORK (AP) — A business dispute took CBS off the air for millions of satellite television customers of DirecTV and AT&T U-verse on Saturday.

More than half a million Michigan residents are without power on Sunday just one day after severe storms with strong wind gusts of up to 80 mph ripped through the area.

A strong argument in favor of the space program is the value of its “spinoffs.” Here we explore ten spinoffs, or discoveries and improvements, that came as a consequence of NASA’s work.