Category: Business & Markets

House Republicans Seek Transparency on Meta’s Content Moderation Policy on Threads

House Republicans sent a letter demanding Meta answer if policies on its new Twitter-style platform, Threads, violates free speech. The letter, which was obtained exclusively by CNBC, is a hint that Meta’s latest product could bring it further scrutiny in Congress. Rep. Jim Jordan (R-OH), chairman of the House Judiciary Committee, asked Meta CEO Mark Zuckerberg on July 17 to send…


New Financial Abuse Rules Wont Be Open to Misuse, Says NAB

The National Australia Bank (NAB) has assured customers that its new regulations surrounding financial abuse will not be open to misuse following the announcement of the new rules. On June 26, NAB announced it would be updating its terms and conditions to allow the bank to financially ‘cut off’ customers who’ve been identified as perpetrators…


Bank to Suspend, Cancel Accounts of Customers Engaged in ‘Financial Abuse’

The National Australia Bank (NAB) has assured customers that new rules that allow it to “cut off” customers identified as perpetrators of financial abuse will not be open to misuse. On June 26, NAB announced it would be updating its terms and conditions saying the bank will suspend, cancel, or deny access to savings and…


Stock Market Today: Wall Street Pushes Higher as Earnings Season Ramps Up

NEW YORK—Wall Street pushed higher Monday ahead of a week full of updates about where profits for big U.S. companies are heading. The S&P 500 rose 17.37, or 0.4 percent, to 4,522.79 and its highest closing level in 15 months. The Dow Jones Industrial Average gained 76.32, or 0.2 percent, to 34,585.35, and the Nasdaq…


Property Giant Lendlease to Lay Off 740 Employees

Lendlease is cutting 10 percent of its global workforce as the real estate giant works to implement a five-year turnaround plan. A Lendlease spokesman on Tuesday confirmed the company will lay off about 740 people. Overseas workers will take the brunt of the job losses, with five percent of the company’s Australian staff receiving redundancies….


Global Climate Agencies Publish Dubious Emissions Calculations, Tighten the Noose Around Energy

Commentary The International Energy Agency (IEA) is again demonstrating its usefulness in creating whips for Western governments to flagellate themselves with. Last time, it was their Net-Zero report, which recommended building no new fossil-fuel-fired power stations. Ever. It was released the day before Australia approved a new gas-fired power station. This time, it is the…


[PREMIERING NOW] Aaron Siri on Missouri v. Biden, First Amendment Jurisprudence, Basic Freedoms, Separation of Powers | ATL:NOW

“I think this might be one of the most consequential decisions in First Amendment jurisprudence in 200 years. You have a federal judge, in a case brought by two states in America—so, two attorney generals: Missouri and Louisiana—saying that the federal government has violated the First Amendment of the United States Constitution by colluding widely…


Aaron Siri on Missouri v. Biden, First Amendment Jurisprudence, Basic Freedoms, Separation of Powers | ATL:NOW

“I think this might be one of the most consequential decisions in First Amendment jurisprudence in 200 years. You have a federal judge, in a case brought by two states in America—so, two attorney generals: Missouri and Louisiana—saying that the federal government has violated the First Amendment of the United States Constitution by colluding widely…


Closing Prices for Crude Oil, Gold, and Other Commodities (July 17)

Benchmark U.S. crude oil for August delivery fell $1.27 to $74.15 a barrel Monday. Brent crude for September delivery fell $1.37 to $78.50 a barrel. Wholesale gasoline for August delivery fell 1 cent $2.63 a gallon. August heating oil fell 4 cents to $2.56 a gallon. August natural gas fell 3 cents to $2.51 per…


How Major US Stock Indexes Fared July 17

Wall Street is closing higher ahead of a week full of updates about where profits for U.S. companies are heading. The S&P 500 rose 0.4 percent Monday. The Dow and the Nasdaq also rose. Stocks elsewhere around the world slipped after China reported weaker economic growth for the spring than expected. While that’s helped to…