Kenneth Wilcox

The Biden administration is set to implement significant increases in tariffs on imported electric vehicles, solar components, and critical minerals from China, as part of a review required under US trade law. President Joe Biden is seeking to protect domestic industries from state-sponsored competition and encourage clean energy investment, building upon the policies implemented…

In the run-up to Mother’s Day, women supporting former President Donald Trump’s campaign have criticized the Biden administration for neglecting working mothers and families. They have called out the administration’s use of “woke” terminology, such as “birthing people,” which replaced “mother” in an Office of Management and Budget proposal last year. During the introduction…

During an appearance on “Fox & Friends First,” political strategist Scherie Murray criticized Vice President Kamala Harris’s “Extraordinary Gentlemen” dinners, which aim to address economic opportunities for Black men in business, politics, and culture. Murray accused Harris of “pandering” to the Black community, as polls show a decline in Biden’s support among African-American voters.…

Beginning July 1, thousands of restaurants and businesses in California will no longer be allowed to impose additional charges such as service fees, resort fees, surcharges, or “junk fees.” Instead, these expenses will need to be included in the initial price of goods and services, including food, drinks, and anything else being sold. Fees…

The concept of Web5, introduced by Jack Dorsey’s payments company Block (formerly Square), differs from Web3 in several ways. Firstly, while Web5 shares Web3’s foundation in decentralized protocols, it adds an additional layer of decentralization. This is achieved by combining Web3’s blockchain-based smart contracts with Web2’s centralized content platforms. Essentially, Web5 aims to provide…

The concept of “fully backed” reserves in the context of financial products such as stablecoins and depository institutions involves storing sufficient assets behind a product or account to support its value. In the case of cryptocurrency exchanges and lending institutions, the term refers to the practice of having enough funds available to cover customer…