United States
Immigration
The Biden Administration has announced it is suspending the CHNV program to import 30,000 migrants a month from Cuba, Haiti, Nicaragua, and Venezuela after a significant amount of fraud was discovered. An internal report found that the forms of American sponsors had hundreds of duplicate social security numbers, addresses, and phone numbers. Three thousand people sponsored more than 100,000 people. The report also found that 24 of the 1,000 most used numbers belonged to a dead person. Meanwhile, 100 physical addresses were used between 124 and 739 times on over 19,000 forms. Those addresses included storage units. According to the leak, one sponsor phone number was submitted on over 2,000 forms, and there were 2,839 forms with non-existent sponsor zip codes. Even though CHNV’s been suspended, hundreds of thousands of people have already been flown into the country using fraudulent sponsors, with another 1.6 million applicants awaiting approval. This is a government-sanctioned invasion by the Biden-Harris Administration. (Fox News)
A report by the House Judiciary Committee found that nearly 100 illegal immigrants on the terrorist watchlist have been released into the United States by the Biden Administration. Border Patrol agents have encountered migrants on the watch list from dozens of different countries. (Fox News)
Roberto Javier Toruno-Cruz, an illegal alien, was arrested in Taylor County, Texas, for sexually assaulting a 14-year-old girl. (Breitbart News)
One of the two illegal aliens who tried to breach Marine Corps Base Quantico in Prince William County, Virginia, back in May was on the terrorist watchlist. The illegal alien, Hasan Yousef Hamdan, crossed the Mexican-American border through California back in April. After being briefly detained, Hamdan was released from Department of Homeland Security custody and given a court date in 2026. (Breitbart News)
Economy
The tech giant Intel announced that it is slashing 15,000 jobs after its shares plunged 20 percent. This comes just months after Intel received $8.5 billion from taxpayer dollars as part of President Biden’s CHIPS Act. (BBC)
New claims for unemployment insurance have risen in part because the labor force participation has ticked up to 62.7, a slight increase but much lower than pre-pandemic numbers of 63.3. For the first time, minorities have a higher labor force participation rate than white Americans. This increase in participation and a sharp increase in the number of migrants living in the U.S.- both legally and illegally, has caused low-skilled wage growth to slow. Fears of a recession especially affect startups, low-skilled employees, and young people. (The Wall Street Journal)
30-year fixed mortgages fell to 6.47 from a high of 7.79 percent back in late October 2023, giving many investors hope that the real estate market will make a revival. (WSJ)
Big Tech
Google, YouTube’s parent company, and Meta, the owners of Facebook and Instagram, created a secret deal to target teenagers between the ages of 13-to-17. According to The Financial Times, the deal allowed Meta to advertise Instagram on YouTube, in direct defiance of Google’s rules prohibiting personalizing and targeting ads to under-18s, including serving ads based on demographics. It also has policies against the circumvention of its own guidelines, or “proxy targeting.”
A federal judge ruled that Google has violated US antitrust law with its search business. The decision by the US District Court for the District of Columbia is a stunning rebuke of Google’s oldest and most important business. The company has spent tens of billions of dollars on exclusive contracts to secure a dominant position as the world’s default search provider on smartphones and web browsers. In a historic antitrust lawsuit filed during the Trump administration, the US government alleged that those contracts have given it the scale to block out would-be rivals such as Microsoft’s Bing and DuckDuckGo. (CNN)