Economy

Bank Of America Backpedals On Climate Pledge

The environmental effect of new coal mines, coal-burning power stations, and Arctic drilling projects has led financial services provider Bank of America to return...

Capitol One Has Accounts Frozen 

On Thursday, the Banking Commission of New York City fined Capital One and KeyBank for failing to submit anti-discrimination policies. Brad Lander, the NYC Comptroller,...

California Faces a $32 Billion Deficit, ‘This Was Not an Easy Budget’

California's Democratic governor, Gavin Newsom, has released a revamped budget plan to address the state's $32 billion deficit.  The state budget is in the black...

Microsoft’s LinkedIn Announces Firings

On Monday, LinkedIn announced that it will be laying off over 700 workers worldwide and scaling back its operations in China, the New York...

Peter Thiel Makes Very Important 2024 Announcement

Peter Thiel, co-creator of PayPal and early investor in Facebook, has announced that he had decided to support the probable presidential candidate and Florida...

IRS Has Some Tough Questions To Answer About AI Scams

Several senators have signed a letter to the IRS demanding action be taken on the issue of AI being used in scams targeting people...

IRS To Start Hiring Armed Agents

IRS Criminal Unit recruiters are looking for gun-slinging candidates because they want to step up enforcement efforts because of a financial windfall. According to reports,...

IRS Has Warning For People In 21 States

According to a report, the Internal Revenue Service has suggested that early filers in 21 states submit an updated tax return. The Internal Revenue Service...

SEC Sides With Conservatives Against PayPal Over Alleged Discrimination

Conservator investors can claim a nice victory after the Securities and Exchange Commission says an investigation into PayPal’s practices was allowed to move forward. PayPal’s...

“Sweatshop” Conditions Reported In California

According to a report released last month by the Department of Labor, wage theft and illegal pay practices continue to run rampant in Southern...

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