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Elon Musk Can’t Wait to Reform US Government Spending and Regulations


Tesla CEO Elon Musk has expressed his eagerness to tackle excessive waste and regulations in the U.S. government, responding to a report that former President Trump is considering him for a role in auditing federal agencies. Musk emphasized the need to reduce wasteful spending to curb inflation...

Ethereum Foundation Defends $96.9M Transfer Amidst Criticism


On Aug. 23, 2024, the Ethereum Foundation made a significant transaction by transferring 35,000 ETH, valued at approximately $96.9 million based on current ether rates. The transaction sparked some criticism from the crypto community, with a few voices raising concerns about the foundation’s...

Claudia Sahm Warns Fed: Delayed Rate Cuts Could Spur Unnecessary Recession


In a detailed discussion with Kitco News, Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite rising recession concerns, Sahm emphasized that the current labor market still shows strength, suggesting the economy...

Elon Musk Offers to Assist Donald Trump Boost Government Efficiency


Tesla and Spacex CEO Elon Musk has offered to assist former U.S. President Donald Trump in managing government spending if Trump is re-elected, proposing the creation of a government efficiency commission. Trump endorsed the idea, praising Musk as “the greatest cutter” and suggesting...

Economist Editorial Claims 2024 Recession Is Inevitable—Is America Ready?


A U.S. recession in 2024 appears to be on the horizon, according to a recent editorial piece by the Economist. The article surfaces as warnings of an economic downturn grow louder, with the author asserting that “there is no escaping the squeeze ahead for America’s economy.” Economist Article...

The First Descendant: Is Caliber Worth Spending Real Money On?


Free-to-play loot shooter The First Descendant takes a page out of every freemium game with multiple forms of currency—the majority of which you earn in-game and upgrade various stats, items, and characters with. But there’s one that requires real money, and that’s Caliber.Read more

IMF Advises US to Keep Interest Rates Steady Through Late 2024


The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes addressing rising debt through policy adjustments and recommends maintaining current interest rates until late 2024. “Given those risks...

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