Internet device found in 65% of American homes faces ban over new China hacking fears

A popular home-internet router from China could face a complete ban as soon as next year as authorities investigate their potential link to cyberattack fears. The China-based router manufacturer TP-Link is under federal investigation after recent cyberattacks on top US officials sparked urgency to quash any national vulnerabilities for more cyber threats. The company holds …

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China’s economy faces its largest financial collapse, with bonds yielding under 2%, banks insolvent. Limited credit demand in China drives bond buying, not QE.

This isn’t bullish as many claim. What’s happening is there’s limited demand for credit/leverage in China. Yet, b/c banks are sitting on liquidity, they are piling into Chinese bonds, which is driving rates on these bonds lower. While some are saying this is QE, THEY ARE WRONG. https://t.co/rIH1RNoXkP — Gordon Johnson (@GordonJohnson19) December 17, 2024 …

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IRS recoups only $4.7B with $80B boost from Inflation Reduction Act and now faces $20B GOP cuts.

TLDR: IRS recouped $4.7B from unpaid taxes and criminal proceeds after Inflation Reduction Act boost. $1.3B from overdue taxes by wealthy individuals. $2.9B from criminal cases targeting drug traffickers, cybercriminals, and terrorist financiers. $475M from whistleblower tips on hidden income and tax fraud. $292M from 28,000 high earners who hadn’t filed since 2017. IRS-Criminal Investigation …

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Paul Craig Roberts: Putin faces the possibility of a second Ukraine in Georgia

by Paul Craig Roberts  President Putin faces the possibility of a second Ukraine, a second war front that could result from Washington’s success in staging a coup d’etat in Georgia with a color revolution. Riots ongoing since the “Russian party” defeated the “Western party” by 54% to 34% have convinced the Prime Minister of Georgia …

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U.K. footballer Marc Guéhi faces charges for writing “I love Jesus” on his rainbow armband

England national team defender faces punishment over message on rainbow captain’s armband Guéhi, as captain of Crystal Palace, wrote a religious message on the rainbow armband, a symbol of the LGBTQ+ movement, which all Premier League captains wore during the latest matchweek as part of a special initiative. On his armband, Guéhi inscribed the phrase: …

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Uber Faces FTC Consumer Protection Probe Over Subscriptions

(Bloomberg) — The US Federal Trade Commission is looking into whether Uber Technologies Inc. violated consumer protection laws with its flagship subscription service. The FTC is investigating Uber over enrollment and cancellation aspects of the product, according to documents viewed by Bloomberg. The investigation was opened earlier this year. The Uber One subscription program gives …

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BBC faces backlash for naming Barbara Banda, a biological male, “women’s footballer of the year.”

Zambia and Orlando Pride forward Barbra Banda has been voted BBC Women’s Footballer of the Year. She received the most votes from readers of the BBC Sport website after a five-player shortlist was announced last month. https://www.bbc.com/sport/football/articles/c8jypk4xz7xo Some background on it … ‘Africa Cup of Nations: Barbra Banda banned due to ‘gender eligibility’ https://onefootball.com/en/news/africa-cup-of-nations-barbra-banda-banned-due-to-gender-eligibility-issues-35400347 Here’s …

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Trump Faces An Economic Catch-22 His First Day In Office – What Can He Do About It?

This article was written by Brandon Smith and originally published at Birch Gold Group For the past several months I’ve been discussing the high probability of Donald Trump’s return to the White House. Specifically, I have warned that the Biden/Harris Administration along with the Democrats have been using data manipulation to hide the growing threat of …

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Independent senate ex-candidate Diane Sare: Trump’s transition faces risks; potential threats jeopardize his safety and agenda.

NY SENATE EX-CANDIDATE: I FEAR FOR TRUMP’S SAFETY Independent senate ex-candidate Diane Sare: “I believe this transition period is actually fraught with danger. The people who want to escalate the war drive now have a window in which to create a situation where a Trump presidency perhaps will feel trapped once he actually takes office. …

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The Kamala Harris campaign faces backlash for GloRilla’s censored performance at a rally.

“Linda, this is not what I expected!” pic.twitter.com/lkzjiBpz6v — MOONFISH 🕊 (@moonefish) November 2, 2024 The Kamala Harris campaign has received backlash on social media over rapper GloRilla’s heavily censored performance at a political rally in Milwaukee. Continuing the trend of recruiting pop stars and celebrities to get out the vote, the Kamala Harris campaign …

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Without action, Social Security faces a 23% benefits cut by 2032 to stay solvent.

The Social Security trust fund is on track to run out by 2032, potentially slashing benefits by 23% to stay afloat. Proposals to tackle this crisis include raising the retirement age, adjusting benefit formulas, and increasing payroll taxes. With Social Security reform a heated political issue, parties are divided on the best path to secure …

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Character.AI faces lawsuit after chatbot’s influence allegedly contributed to teen’s suicide.

Character.AI, valued at $1B, is facing a lawsuit from the family of a 14-year-old who took his life after becoming obsessed with an AI chatbot based on “Game of Thrones” character Daenerys Targaryen. The lawsuit claims that the AI technology “tricks customers into handing over their most private thoughts and feelings,” holds it accountable for …

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Trump leads by 30 points on Polymarket; Kamala Harris faces an uphill battle reversing momentum.

DAILYMAIL: TRUMP Now WINS In 65.9% Of Simulations The former president has shot out to his biggest lead yet in our DailyMail.com/J.L. Partners election model: It shows that he now wins in 65.9 percent of simulations when the algorithm runs through all possible combinations of data. That is a big jump from Friday when the model was …

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LAWSUIT: Impact Plastics faces wrongful death claim after employee drowns during Hurricane Helene.

The family of Johnny Peterson, a father of four, has filed a wrongful death lawsuit against Impact Plastics, accusing the company of putting profit above employee safety. The lawsuit claims that during Hurricane Helene, workers were not informed they could leave until it was too late, and there was no emergency action plan in place, …

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Car industry faces choke point as US hurricane shuts down critical microchip mine

Global supplies of microchips that feature in cars and smartphones have been threatened after the US hurricane Helene forced the closure of a mine that is critical to production. Flooding and power outages caused by the hurricane have shut down mining and processing operations at Spruce Pine, a quartz facility in a remote area of …

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Diddy faces 120 new assault allegations, including shocking claims involving minors and drugs.

Diddy hit with wave of 120 new sex assault allegations… Sean “Diddy” Combs is facing dozens of new allegations of sexual assault in a series of lawsuits set to be filed. At a news conference held Tuesday, Texas-based attorney Tony Buzbee said he is representing 120 accusers with allegations against the entertainment mogul that go …

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Fed faces turmoil as imminent Longshoreman Port Strike threatens inflation; Biden Administration opts out.

Another source: https://t.co/9mXVEvO2x3 — Unicus (@UnicusResearch) September 18, 2024 The looming strike by the International Longshoremen’s Association (ILA), set to begin October 1, poses a serious threat to ports along the East and Gulf coasts. Experts warn that this disruption could lead to significant supply chain shortages, exacerbating inflation as goods and raw materials become …

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‘Broken’ news industry faces uncertain future… SCRIPPS lays off 200; Shutters broadcast news channel…

From disinformation campaigns to soaring scepticism, plummeting trust and economic slumps, the global media landscape has been hit with blow after blow. World News Day, taking place on Saturday with the support of hundreds of organisations including AFP, aims to raise awareness about the challenges endangering the hard-pressed industry. – ‘Broken business model’ – In …

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Diddy Faces Massive Asset Forfeiture: Hundreds of Millions of Dollars In Property and Cash on the Chopping Block In Ongoing Legal Battle

Sean “Diddy” Combs, once hailed as one of hip-hop’s wealthiest moguls, now faces an uncertain future as his assets, worth hundreds of millions of dollars, could be seized due to a mounting legal crisis. With charges ranging from racketeering to sex trafficking, Diddy’s extravagant lifestyle and vast fortune are at risk as prosecutors seek to …

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What’s going to explode next? The fridge? My phone? The scenes here in Lebanon are from a horror film – fleshless faces, eyes hanging out. With dozens dead and thousands hurt, none of us feel safe, writes HASSAN HARFOUSH

Thousands of walkie-talkies, solar panels and fingerprint recognition devices used by Hezbollah fighters have detonated across Lebanon in the past two days, killing 14 and wounding hundreds of people including mourners at a funeral. The second wave of carnage comes a day after thousands of exploding pagers used by the group left almost 3,000 people …

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Europe Faces Billion-EURO Losses Due to Catastrophic Flooding

🇪🇺EUROPE FACES BILLION-EURO LOSSES DUE TO CATASTROPHIC FLOODING Central Europe is experiencing its worst floods in decades, with early estimates of economic losses surpassing €1 billion. Countries like Austria, Czech Republic, Poland, and Romania are among the hardest hit by… pic.twitter.com/IXVD3aLk1T — Mario Nawfal (@MarioNawfal) September 18, 2024 With record floods sweeping down the Danube …

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Trudeau Faces Pressure To Quit After Party Loses Long-Held Parliament Seat…

Prime Minister Justin Trudeau’s Liberal Party has lost a Parliament seat it had held for decades in a special election in Montreal, a devastating defeat that is likely to increase pressure on Canada’s deeply unpopular leader to resign. The Bloc Québécois, a national party that supports independence for Quebec, narrowly won the race that was …

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Google Faces New Advertising Technology Antitrust Trial

One month after a judge declared Google’s search engine an illegal monopoly, the tech giant faces another antitrust lawsuit that threatens to break up the company, this time over its advertising technology. The Justice Department and a coalition of states contend that Google built and maintains a monopoly over the technology that matches online publishers …

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