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China Fights Uphill Battle to Rescue Its Economy While Keeping ‘Zero-COVID’
Since late May, state and Chinese Communist Party propaganda outlets have been noticeably promoting Beijing’s economic policies and the central government urging local officials to do economic work well alongside “dynamic zero-COVID.” The central government’s...
Novavax's more-traditional protein subunit COVID vaccine is also causing myocarditis, FDA documents reveal.
The Novavax Protein Subunit COVID Vaccine Is Causing Heart Inflammation, Too
A new and more traditional type of Coronavirus Disease 2019 (COVID-19) vaccine that will soon be either approved or rejected by the Food and Drug Administration for an Emergency Use Authorization (EUA) is also causing...
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Tesla’s Shanghai Factory Back to 70 Percent of Pre-Lockdown Levels: Report
Electric auto maker Tesla's Shanghai plant, Gigafactory 3, has brought productivity back to 70 percent of the 2,600 cars it was building per day before China's "zero-COVID" policies halted their operations on April 1. It's...
California Governor Gavin Newsom's all-electric cars by 2035 mandate will put more than half of the state's mechanics out of a job.
Newsom’s Electric Car Mandate Will Put 32,000 Mechanics Out of a Job
California Governor Gavin Newsom’s ambitious plan to transition from combustion engine cars to electric ones by 2035 will put 64,700 people out of work, most notably 32,000 mechanics, state officials figured out. “This is a...
Casinos, sportsbooks, and other gambling venues took $5.31 billion out of the US economy in Q1 2022, the most on record.
Americans Lost More Money Gambling In Q1 2022 Than Ever Before
The U.S. gaming industry posted its most profitable Q1 in history this year, states an industry advocacy website. However, this figure naturally implies that gamblers had their worst Q1 in history, a notable figure considering...
AirBnB to Exit China After Repeated ‘Zero-COVID’ Lockdowns
As Chinese authorities double down on “zero-COVID” policies, Airbnb has decided to close down its business in China indefinitely, sources familiar with the matter told media outlets.  Their information as the U.S.-listed short-term housing giant...
Tesla Continues to Grapple With Shanghai Lockdown Under ‘Closed Loop System’
As China continues its crushing lockdown of Shanghai, an increasing number of businesses are reporting huge dips in profits as authorities scramble to uphold the country’s unbending “zero-COVID” policies. Most recently, electric vehicle (EV) maker...
U.S. Credit card spending and home equity lines of credit are on the rise. But what will the consequences be?
US Credit Card Spending Is Way, Way Up
In March, U.S. credit card debt reached a record-high $52.4 billion, a trend that is supporting consumer spending briefly, but is bound to lead to serious consequences, analysts fear. While revolving credit rose by 21.4...
Synthetic biology is a new paradigm of genetic engineering where researchers seek to create genetic material from scratch.
Synthetic Biology: The New Paradigm of Genetic Engineering
Synthetic biology, a technology field that can be thought of as genetic engineering on steroids, promises many benefits for humanity, but opponents fear it may evoke Frankenstein’s monster. “Synthetic biology (SynBio) is a field of...