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News & Articles By Zoey Sky
12/02/2024
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By Zoey Sky
SpaceX and xAI expected to soar in value and make Elon Musk the world’s first trillionaire
Elon Musk, currently the richest person in the world, could soon become the world’s first trillionaire by the end of the decade as two of his private companies soar in value. Tesla, his public company, has recently surpassed a trillion dollars in market capitalization. (Related: Analysis predicts Elon Musk could become the world’s first TRILLIONAIRE […]
07/04/2024
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By Zoey Sky
Russia overtakes U.S. as Europe’s primary gas supplier despite ongoing sanctions
Sanctions have failed to stop Russia from overtaking the United States as Europe’s primary gas supplier. Even with the continent’s efforts to reduce its reliance on Russian fossil fuel resources since the beginning of the conflict, reports have revealed that Europe’s gas imports from Russia surpassed those from the U.S. in May. (Related: Russian central bank governor: […]
06/21/2024
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By Zoey Sky
Germany’s EV sales plummet as demand in Europe declines
The European Union’s main auto industry body recently reported that sales of new battery-electric cars in the region have dropped by 12 percent in May from a year earlier, with a 30 percent decrease in Germany. Germany, the bloc’s largest electric vehicle market, brought an early end to subsidies for buying EVs as part of a last-minute […]
06/14/2024
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By Zoey Sky
California’s minimum wage hike causes price increases and thousands of job losses across the fast food industry
A recent report by the California Business and Industrial Alliance (CABIA) trade group has revealed that fast food restaurants in California were forced to cut at least 10,000 jobs in recent months due to the state’s new minimum wage hike. Industry experts warn that California’s fast food industry took a major hit when Gov. Gavin Newsom […]
06/07/2024
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By Zoey Sky
Chasing profits: Western companies are now BACKTRACKING on Russia exit plans
More than half of the foreign companies that have previously announced plans to leave Russia after the start of the special military operation in Ukraine are still in the country. Reports indicate that a “rebound in consumer activity” and “bureaucratic obstacles” are making those companies stay in Russia. According to data from the Kyiv School of […]
06/03/2024
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By Zoey Sky
Montana’s pandemic-driven real estate boom causes sudden increase in property taxes
The rural piece of land in Montana that Art Mangels, a retired potato farmer, has lived in for 10 years boasts breathtaking views of snowy peaks, banks of the Big Hole River and acres of grasslands full of wildlife. But in recent months, the land has also come with a hefty property tax bill that is now […]
05/16/2024
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By Zoey Sky
China STOCKPILING gold as Chinese investors and consumers remain cautious of real estate and stocks
The current global price of gold has reached its highest levels. At the same time, Chinese investors and consumers remain cautious about real estate and stocks as they stockpile gold at a record pace. Gold is considered by many as a safe investment during times of geopolitical and economic unrest. Recently, gold prices have skyrocketed in […]
03/05/2024
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By Zoey Sky
Apple bails out of EV market and shifts focus to AI
According to people in the know, Apple is finally canceling a decades-long effort to build an electric vehicle (EV). The internal announcement was made on Feb. 27, shocking the nearly 2,000 employees involved in the project. The people who shared the news requested not to be identified because the announcement wasn’t public. The decision was shared by […]
03/04/2024
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By Zoey Sky
Several truck companies plan to completely ELIMINATE the use of human drivers this year
Three startup firms have announced plans to eliminate all human drivers and replace them with driverless trucks traversing through Texas highways by the end of 2024. The move comes amid objections from critics who warn that financial pressures, not safety, are behind the proposed timetable. After years of testing, Aurora Innovation Inc., Kodiak Robotics Inc. and […]
02/05/2024
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By Zoey Sky
Joseph Rowntree Foundation report reveals that escaping poverty has become far more difficult in the U.K.
A recently released report from the Joseph Rowntree Foundation (JRF) revealed that escaping poverty in the United Kingdom has become much harder over the past two decades. According to the JRF report, levels of hardship had deepened for millions of people across Britain since the mid-1990s and it has worsened because of years of “political failure to […]
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