The online media platform, YouTube, is mulling whether to prevent users from using ad blockers while watching videos on its platform. The potential policy came to light on June 25 when online commenters on Reddit posted screenshots of a popup notice, warning viewers that they would be blocked after three videos if they refused to allow ads….
YouTube Is Planning to Stop Viewers for Continuing to Use Ad Blockers
June 30, 2023
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SCOTUS Held Biden to Rule of Law in Student Loan Case: Constitutional Attorney
The U.S. Supreme Court handed President Joe Biden a defeat on Friday, blocking his plan to cancel $430 billion in student loan debt. The justices ruled against Biden in a 6-3 decision and said the Biden administration overstepped its authority with the plan, with conservative justices in the majority. Another major ruling from the Supreme…
Southern States Rely on Queensland for Winter Gas Supply
Southern states face a winter gas shortage and will rely on excess supply from Queensland. Considerable storage and transport capacity is needed to shift the gas south, according to an interim report by the Australian Competition and Consumer Commission. “It is imperative that gas flows from Queensland to the southern states and that there is enough…
IN-DEPTH: Wind Energy Ocean Industrialization Undermines Ecosystem
June 30, 2023
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A natural resource largely untouched by development now faces colossal industrialization of wind energy along the east coast. Clean-ocean advocates monitoring its expansion warn that this race to construction undermines an ecosystem that will lead to catastrophic consequences. “They’re moving at such a reckless pace without any real good science or due diligence,” said Clean…
American Banks Closed 273 Branch Locations in May
June 30, 2023
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At least 273 bank locations closed across the United States in May, while 46 opened that month. Many major banks have announced that they’re closing down branches in 2023, as more and more customers are making deposits via their phones or to keep tabs on their balances, all without leaving their homes. Others still rely on…
IRS Issues ‘Last Call’ for Taxpayers to Claim $1.5 Billion in Refunds
The Internal Revenue Service (IRS) has issued a “last call” reminder to over 1 million taxpayers across the country not to miss out on claiming their share of around $1.5 billion in refunds that are still up for grabs for tax year 2019. “Time is running out for people owed a tax refund in 2019,”…
Disney-Owned ESPN Announces Major Shakeup
ESPN announced Friday that it will part ways with some of its on-air personalities in a bid to cut costs, with some reports indicating that well-known sports personalities are among those departing the Disney-owned channel. “Given the current environment, ESPN has determined it necessary to identify some additional cost savings in the area of public-facing…
Average Long-Term US Mortgage Rate Rises to 6.71 Percent in First Increase After 3 Straight Drops
June 30, 2023
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LOS ANGELES—The average long-term U.S. mortgage rate rose this week, snapping a three-week pullback after reaching a high for the year in early June. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 6.71 percent from 6.67 percent last week. A year ago, the rate averaged…
10 Tonnes of Mining Needed for One EV, CEO Reveals True Cost of Net Zero
June 30, 2023
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BRISBANE—Business leaders at the World Mining Congress have revealed the sheer scale (and urgency) of new mining activity needed to make net zero societies feasible. The climate change movement—supposed to be about protecting the environment—will, in fact, spur mining companies to go “deeper, bigger, and faster” to meet the demand for critical minerals like lithium…
Fed Pauses: More Hikes to Come
Commentary Federal Reserve (Fed) Board Chairman Jerome Powell has made himself and Fed guidelines clear. Although the board voted in June to pause the pattern of raising interest rates, policymakers are not finished with their anti-inflation efforts and will likely raise rates again before they are done. Powell explained that the June pause was just…
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