Economy

Surging Exports Raise Inflation Risks

The rise of exports means more income for U.S. producers, an economic positive, but it also increases the risk that inflation will continue to accelerate. Rising foreign demand for U.S. goods and services can push up prices for domestic consumers.

Cargo ships filled with containers dock at the Port of Los Angeles on September 28, 2021, in Los Angeles, California. (Frederic J. Brown/AFP via Getty Images)

Consumers’ Research Urges Ten Governors to Divest State Pension Funds from China-Investing BlackRock

Consumers’ Research, an educational nonprofit dedicated to consumer information, released state-specific ads along with sending a letter to the ten governors whose state’s public pensions are heavily invested in China-investing BlackRock, warning that they are putting American security, along with billions of dollars, at risk with the Chinese Communist Party.

Face to face of US dollar banknote and China Yuan banknote

Trump Media Venture Under Scrutiny by Market Regulators

Regulators are asking questions about the deal to bring Donald Trump’s new social media company to the stock market, one that has attracted both legions of fans of the former president and people looking to make a quick profit

The Associated Press

Sony Fires Playstation Executive Accused by Amateur Pedophile Sting Operation

A prominent Sony executive who worked on the company’s massively popular Playstation gaming console has reportedly been fired after being accused by a group of amateur pedophile hunters in an online sting operation. The group claims that George Cacioppo gave his address to someone he thought was a 15-year-old boy for an alleged sexual encounter, but it was really a participant in the sting operation.

video game

Facebook Asks Users to Send in Their Nude Pictures (Again)

Facebook (now known as Meta) has reportedly co-developed a platform that asks people to submit their nude photographs and videos to prevent them from being used as “revenge porn” across Facebook’s platforms. Mark Zuckerberg and the Masters of the Universe expect users to fully trust them not only with every private detail of their life, but also with their nude bodies.

In this image from video, Facebook CEO Mark Zuckerberg testifies during a House Energy and Commerce Committee hearing at the U.S. Capitol in Washington, Thursday, March 25, 2021. (House Energy and Commerce Committee via AP)