Author: Pedro Holt

Congress averted a potential financial disaster when it recently passed the debt ceiling package. In addition to suspending the nation’s debt limit, Congress included some regulatory changes intended to make the federal permitting process easier. Unfortunately, these minor tweaks are unlikely to have much impact. We still need comprehensive regulatory reform, and until it happens, the economy will underperform. More than any recent president, Biden is smothering the economy with regulation. According to American Action Forum, since his inauguration day his administration has levied 590 final rules that impose $375 billion in compliance costs and create 227 million hours of paperwork for entrepreneurs. As…

London, Manchester, Liverpool (25/5 – 54) Pep Guardiola’s declaration that he will not leave Manchester City this summer is bad news for other clubs in the English Premier League. On 20 May, Manchester City secured their fifth Premier League title under Pep Guardiola. With the commanding Spaniard managing the team for seven seasons straight, since 2016, Manchester City only failed to become the champion on two occasions: 2016-2017 and 2019-2020. During those seven seasons in the Premier League, The Citizens collected an impressive 624 points from a possible maximum of 798. There seem to be no more challenges for Guardiola…

May 31 (Reuters) – U.S. economic activity appeared to stall in recent weeks, a Federal Reserve report published on Wednesday showed, with job growth and inflation both slowing, and near-term business prospects looking slightly worse than previously. “Expectations for future growth deteriorated a little, though contacts still largely expected a further expansion in activity,” the U.S. central bank said in its latest “Beige Book” compendium of surveys and interviews, conducted across its 12 districts through May 22. Contacts across districts noted that while labor markets remained strong, they had “cooled some,” the report said, with businesses in some regions reporting…

A man who was escorted off a Metro B (Red) Line train for suspected possession of drug paraphernalia was arrested Thursday after he allegedly became combative and bit off a portion of a Los Angeles Police Department sergeant’s finger. According to the LAPD, officers were on routine patrol on the Red Line train around 10:15 a.m. when they spotted the male suspect in possession of drug paraphernalia. Police approached the suspect and escorted him off the train at the Vermont/Santa Monica Station. Police said that after the suspect was taken off the train, he “became violent and fought with the…

Microsoft’s $68.7bn (£55bn) deal to buy US video game company Activision Blizzard has been blocked in the UK by the Competition and Markets Authority. The proposed takeover would see Microsoft acquire such hit titles as Call of Duty and Candy Crush. But the regulator said it was concerned the deal would offer reduced innovation and less choice for gamers in the fast-growing cloud gaming business. Microsoft and Activision hit out at the decision and said they would appeal. “The CMA’s report contradicts the ambitions of the UK to become an attractive country to build technology businesses,” a spokesperson for Activision…

DALLAS, April 25, 2023 /PRNewswire/ — In a move designed to provide jobs and meet the increase in budget-friendly travel, Greyhound, one of America’s most iconic brands, is hiring an unprecedented 350 new drivers across the country. More drivers will bolster Greyhound’s ability to provide convenient and affordable travel to communities across the United States. Atlanta, Chicago, New York, and Dallas are just a few of the places where new drivers are needed. This is a great career opportunity for: As an industry leader with a brand name that is synonymous with American travel, Greyhound is looking for people who are…

The war in the Ukraine created two main opposing camps of countries. An Alliance of Democracies on one side and a Group of Authoritarian. The escalation of geopolitical tensions linked to the Ukrainian crisis has highlighted two main opposing camps of countries — an Alliance of Democracies on one side and a Group of Authoritarian Regimes on the other. A number of countries have resisted choosing sides, however, as they strive to balance their national interests with international developments while simultaneously advocating the need to maintain peaceful diplomacy and global connections. While the number of these so-called “in-between” countries abound…

VANCOUVER, BC, April 26, 2023 /PRNewswire/ – Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (“Graphite One”, “G1” or the “Company”), is pleased to announce that it has received the active anode material samples produced from Graphite One’s Alaska graphite by Sunrise (Guizhou) New Energy Material Co. Ltd. (“Sunrise”). The sample material and the sample specification data have been provided to the U.S. Department of Energy’s Pacific Northwest National Laboratory (“PNNL”) for additional testing and sample material has been sent to a leading Electric Vehicle (EV) manufacturer for evaluation. “This is a milestone moment for Graphite One,” said Anthony Huston, founder…

It’s ironic that Australia commemorated “Harmony Day” this week. Dreamed up 24 years ago by the Howard government as a local version of the International Day for the Elimination of Racial Discrimination (IDERD), it’s supposed to be a celebration of diversity, respect and belonging. Yet there’s been much disharmony in Australia of late, and not just in regards to racial discrimination. For most of this week, and last, the country was preoccupied with Aukus and warmongering, after it was revealed that Canberra had agreed to pay up to A$368 billion (US$246 billion) to the US for a fleet of nuclear-powered submarines. Aukus – the three-way security tie up between…

HOUSTON – The saying “everything’s bigger in Texas” continues to ring true as the state leads the nation in job growth over the past year. In a new release from the Texas Workforce Commission (TWC), it states Texas has added 58,200 jobs in February 2023 and is leading the U.S. in jobs added for the month. The state reached 13,831,900 total non-farm jobs in February according to the report, and 611,400 jobs were added in Texas since February 2022. Last month also marks two full years of uninterrupted monthly job growth in Texas, says TWC. Although the state’s seasonally adjusted unemployment rate increased by…