Major automakers Ford and General Motors are at odds over potential restrictions to federal tax credits for newly-produced electric vehicles (EV) that utilize Chinese components, The Wall Street Journal reported Wednesday. Ford and GM disagree on whether the Biden administration should deem Chinese-made EV batteries as “foreign entities of concern,” …

Click to read the rest HERE-> Major US Automakers Duke It Out Over Biden Admin’s EV Tax Credits first posted at Conservative Daily News

Some employees at the popular social media platform TikTok are concerned about the influence the Chinese Communist Party (CCP) has on the company as executives from its parent, ByteDance, take on new positions, according to The Wall Street Journal. A number of high-level executives from ByteDance in China have taken …

Click to read the rest HERE-> TikTok Employees Raise Concern Over CCP Influence As China Execs Move In first posted at Conservative Daily News

Food banks across the U.S. are reporting a massive uptick in demand as Americans continue to struggle with inflation. Several food banks told the Daily Caller News Foundation that the volume of requests for food has risen to levels even higher than during the COVID-19 pandemic, as more people struggle …

Click to read the rest HERE-> Bidenomics: Food Banks Are Inundated With Requests For Aid As Inflation Bites first posted at Conservative Daily News

The prices of cars and homes have both grown increasingly out of reach for average Americans as inflation continues to degrade real wages. The heightened inflation that the U.S. is experiencing is fueled by the Biden administration’s policies of excessive government spending, which have led the Federal Reserve to raise …

Click to read the rest HERE-> Did Bidenomics Kill The American Dream? Homes And Cars Are Becoming Increasingly Unaffordable For The Middle Class first posted at Conservative Daily News

The cost of auto insurance has skyrocketed following the COVID-19 pandemic, making cars even more unaffordable for average Americans. Factors like crime and traffic accidents are driving up the number of claims filed, while inflation raises the cost of cars and associated repairs, leaving insurance companies to raise premiums to …

Click to read the rest HERE-> Crime, Inflation Driving Up Auto Insurance Costs For Average Americans first posted at Conservative Daily News

An economic soft landing is not a baseline expectation for the Federal Reserve as it keeps interest rates high, according to remarks made during a Federal Open Market Committee (FOMC) press conference on Wednesday. Jerome Powell, chair of the Fed, said that a soft landing, a slowdown in market growth …

Click to read the rest HERE-> Jerome Powell Says An Economic ‘Soft Landing’ Is Not The Fed’s ‘Baseline Expectation’ first posted at Conservative Daily News

The number of jobs added to the U.S. economy has been increasingly inflated by public sector positions as the economy begins to cool, according to data from the Bureau of Labor Statistics (BLS). The 327,000 public jobs added for the year as of August 2023 made up 17.4% of total …

Click to read the rest HERE-> Gov’t Jobs Are Booming In Biden’s Economy, Data Shows first posted at Conservative Daily News

The number of worker walkouts for 2023 is climbing at a higher pace than the year before, even after President Joe Biden’s pro-union rhetoric and agenda. There were 20 active walkouts involving more than 1,000 workers in 2023 as of August, while there were only 18 during the same time …

Click to read the rest HERE-> ‘Union Joe’ Biden Sets A Blistering Pace For Worker Walkouts In The ‘Summer Of Strikes’ first posted at Conservative Daily News

The state of California filed a lawsuit Saturday against major oil companies, claiming that their production of fossil fuels has contributed to climate change and natural disasters. The suit, which was filed in the Superior Court of California in the County of San Francisco, alleges that deception by the defendants …

Click to read the rest HERE-> California Sues Big Oil Companies, Seeking Damages Over Climate Change first posted at Conservative Daily News

Police said an armed man was arrested after entering a campaign event in Los Angeles for Democratic presidential candidate Robert Kennedy Jr. on Friday claiming to be a U.S. Marshal. The man was taken into custody at the campaign event by the candidate’s private security detail and then detained until …

Click to read the rest HERE-> Armed Man Accused Of Impersonating US Marshal Arrested At RFK Jr. Event, Police Say first posted at Conservative Daily News

Despite the Biden administration’s touting of a “humane” immigration system, the U.S. southern border is the world’s deadliest land route for migrants, Jennie Taer, an investigative reporter with the Daily Caller News Foundation, told the One America News Network. On the US-Mexico border in 2022, there were 686 deaths and …

Click to read the rest HERE-> Reporter Debunks Biden Admin’s Claim That Border Situation Is ‘Humane’ first posted at Conservative Daily News

Half of Americans are priced out of the current car market, unable to spare the average loan payment for either a new or used car, following rising costs related to supply issues and interest rate hikes, according to experts. The car market could ease in the future, providing relief to …

Click to read the rest HERE-> Half Of Americans Are Priced Out Of The Car Market. Here’s Why first posted at Conservative Daily News

President Joe Biden may face headwinds in his 2024 reelection bid following his inability to prevent workers at the three biggest American auto manufacturers from striking, according to Politico. The United Auto Workers (UAW) announced a strike Thursday night against the Big Three automakers — Ford, General Motors and Stellantis …

Click to read the rest HERE-> Big Labor Strike Imperils ‘Union Joe’ Biden’s 2024 Election Prospects first posted at Conservative Daily News

The president of a local branch of a top shipping union said Thursday that its 5,000 drivers would not deliver vehicles to major automakers in the event of an autoworker strike, according to the Detroit Free Press. Kevin Moore, president of the International Brotherhood of Teamsters Local 299 in Detroit, …

Click to read the rest HERE-> Local Teamsters Union Vows To Support Auto Workers During Strike By Refusing Delivery To Big 3 Automakers first posted at Conservative Daily News

The United Auto Workers (UAW) announced plans Wednesday for a “targeted strike” at plants for the Big Three after negotiations failed to create a new labor contract for the union workers. The UAW will be striking at a select number of auto manufacturing plants, not yet committing to a complete …

Click to read the rest HERE-> Major Auto Union Lays Out Plans For ‘Targeted’ Strike At Big Three Plants first posted at Conservative Daily News

The U.S. saw a sharp rise in the government’s supplemental poverty rate and a fall in real incomes for Americans in 2022, with the rate for children more than doubling, according to census data released Tuesday. The government’s Supplemental Poverty Measure (SPM), which calculates poverty by including the impact of …

Click to read the rest HERE-> Child Poverty More Than Doubled In Biden’s Second Year, Census Data Shows first posted at Conservative Daily News

Small businesses in August were increasingly pessimistic about the economy as companies struggle with a tight job market and rising inflation, according to a survey from the National Federation of Independent Business (NFIB) released Tuesday. Small business owners in total expressed a 37% net negative view of the economy, which …

Click to read the rest HERE-> ‘Discouraging’: Small Business Owners Sour On Economy As Inflation Picks Back Up first posted at Conservative Daily News

Google will go to trial on Tuesday to fight against allegations that it possesses a monopoly in the search and search advertising space, according to a Department of Justice(DOJ) announcement. The company’s parent, Alphabet Inc., has a market cap of $1.7 trillion, with $224 billion in annual ad sales that …

Click to read the rest HERE-> Big Tech Could See A Big Shake-Up In This Major Court Case first posted at Conservative Daily News

One-half of the German legislature, the Bundestag, passed a long-debated and revised climate law that had produced heavy backlash from the public and officials, according to the Financial Times. The original plan would have effectively banned all new gas and oil boilers, imposing huge restrictions on heating, with all new …

Click to read the rest HERE-> Germany Neuters Signature Climate Law Over High Costs first posted at Conservative Daily News

West Coast ports have seen a decline from U.S. importers that have soured on their gates of entry after a year of uncertainty around port union worker contracts, according to The Wall Street Journal. Ports from southern California to Seattle, represented by the Pacific Maritime Association (PMA), have been marred …

Click to read the rest HERE-> Importers Ditch West Coast Ports After A Year Of Labor Unrest first posted at Conservative Daily News