Swedish automaker Volvo has officially opened its first factory in the United States. The plant, in South Carolina, will begin producing cars this fall. Volvo, which is now owned by the Chinese automotive company Geely, has previously announced that it plans to eventually phase out internal combustion engines from its lineup by 2019. All of […]
Continue Reading
The West Point graduate made famous last year for posting photos of himself wearing a Che Guevara T-shirt under his uniform at his 2016 graduation and writing “Communism Will Win” on the inside of his hat has now left the Army. Spenser Rapone, 26, a former Army Ranger and self-described revolutionary socialist, has now officially […]
Continue Reading
Market events this week have made even the most bullish investors realize that the US economy isn’t what it used to be. In an attempt to ensure “fair trade,” President Trump placed a 25 percent tariff on $50 billion worth of Chinese imports last Friday. The Chinese retaliated, and Trump threatened on Monday to place […]
Continue Reading
Raising the minimum wage is a popular course of action for many people, as it sounds desirable. Whether it be a living wage or an increase to $12 an hour, many imagine minimum wage increases to have positive effects on the quality of life of workers. Those that believe this are wrong and they misdiagnose […]
Continue Reading
In yet another sign of how mighty American corporations are going by the wayside, American conglomerate General Electric (GE) was just recently kicked out of the Dow Jones Industrial Index. GE’s place will be taken by Walgreens Boots Alliance. It’s a hard fall for GE, which was the only company in the Dow index that […]
Continue Reading
President Trump late last week slapped $50 billion worth of Chinese imports with a new 25 percent tariff. While the tariff had been long discussed, negotiations with the Chinese government in recent weeks seemed to have indicated a softening of Trump’s position towards China. That was particularly the case with Trump’s attempts to find a […]
Continue Reading
In a move that surprised many in the cryptocurrency community, Japan’s Financial Services Agency rejected an application by a cryptocurrency exchange to operate within the country. After Japan announced its new licensing procedures, it allowed many exchanges to operate pending full regulatory approval. Now cryptocurrency exchange FSHO has had its application rejected, with the FSA […]
Continue Reading
In a move that surprised many in the cryptocurrency community, Japan’s Financial Services Agency rejected an application by a cryptocurrency exchange to operate within the country. After Japan announced its new licensing procedures, it allowed many exchanges to operate pending full regulatory approval. Now cryptocurrency exchange FSHO has had its application rejected, with the FSA […]
Continue Reading
The millennial generation has become the largest generational cohort in the United States. Much ink has been spilled trying to analyze millennials and their behavior. While many of the characterizations of millennials tend to focus on personality traits and work ethic, there’s no question that millennials are vastly different from generations that preceded them. They […]
Continue Reading
In an surprising announcement, it appears that the Securities and Exchange Commission (SEC) will likely find that the cryptocurrency ether is not a security. The announcement was made by SEC Director of Corporate Finance William Hinman at Yahoo Finance’s All Market Summit: Crypto. That could clear up a significant hurdle that could have ended Ethereum’s […]
Continue Reading
