The claim: Photo shows panic buying of gas in Alabama after Colonial Pipeline shutdown As fear about a fuel shortage spread following the news of the Colonial Pipeline ransomware attack, so did photos showing the lengths some people would supposedly go to stock up on gasoline. In one viral photo, one person […]
The shutdown of the Colonial Pipeline is sending thousands to fill up their tanks at gas stations. Gas prices are above $3, and some stations are running out or low on fuel. The Colonial Pipeline stretches from Texas to New Jersey and supplies almost half of the East Coast’s fuel. It […]
One of the most important institutions in documentary film is under new leadership. The International Documentary Association (IDA) announced the appointment Wednesday of Richard Ray “Rick” Perez as its new executive director, effective immediately. He replaces Simon Kilmurry, who had served as the IDA’s executive director since 2015. Perez comes […]
Photo by Arthur Pollock/MediaNews Group/Boston Herald via Getty Images Boston Federal Reserve president Eric Rosengren says that research on a central bank digital currency is still ongoing, Reuters reported. The Fed, he says, continues to weigh the implications of launching a CBDC at a national level. There are many potential […]
Sen. Jerry Moran (R-Kan.) said Tuesday that “it will be difficult … if not impossible” for a federal law pertaining to college athletes’ ability to make money from their names, images and likeness to be enacted before July 1, when such laws will take effect in at least six states. […]
Volkswagen is planning to bring to market by 2025 a version of its upcoming microbus, a retro-styled electric van, with the ability to drive itself in certain circumstances. VW is developing the vehicle with Argo AI, a Pittsburgh-based autonomous vehicle start-up backed by the German automaker and Ford. The ID.Buzz […]
Internet Computer, a cryptocurrency that just launched on Monday now has a market value of about $35.8 billion, according to CoinMarketCap, trading at around $289. On Monday, the market value skyrocketed to over $90 billion (at a price of around $731), but within minutes the price fell, hitting as low […]
According to a report from the International Energy Agency, renewable electricity capacity additions in 2020 hit 280 gigawatts. This represents a 45% increase compared to 2019 and is the biggest year-on-year rise since 1999. Oil companies will increase their investment in renewables over the coming years but won't become major […]
President Joe Biden is calling for a tax hike on wealthy Americans, raising the top capital gains rate to 39.6% from 20%. While the plans face pushback from Congress, financial advisors are already exploring tax strategies, such as charitable deductions. Biden’s proposals may make some charitable giving techniques more attractive. […]
New York (CNN Business)Just about everything is getting more expensive in the United States as the stimulus-fueled economy rebounds and Americans are again spending on shopping, traveling and eating out. But the pandemic is far from over, and supply-chain woes mean supply isn’t meeting demand — sending prices even higher. […]
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