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Tesla Pays Black Former Employee $1 Million, Crypto Cash Back

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August 18, 2021

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Need to know the latest news and today? We’ve got it here.

Welcome back to Bold Business with Philip Michael! Be sure to like, subscribe, and hit the notification bell for all things BOLD, and for more news headlines, finance news and trending news today.

Tesla Paid Black Former Employee Over A $1 Million

In the latest Tesla news, Tesla paid over a million dollars to a former employee after an arbitrator ruled that the electric car company failed to stop the employee’s supervisors from calling him the N word. This comes after years of complaints from workers who claim that Tesla does not do anything to prevent the use of racial slurs on the assembly line. They were also slow to clean up hate symbols in common areas. Of course, Tesla has denied all these allegations saying they are against all forms of bad behavior.

With A Venmo Credit Card, You Can Get Cash Back In Crypto

Now with a Venmo credit card, you can get crypto cash back. You can already buy crypto on Venmo for a fee. Now, credit card holders will be able to buy Bitcoin, Ethereum, Litecoin, and Bitcoin cash with no additional fees thanks to the new cash back crypto feature.

Inflation Isn’t The Problem, Americans Are Just Not Paid Enough

Economist Robert Reich published a piece where he says that inflation isn’t the problem we are having today, but that Americans are not paid enough. Some people are worried that President Biden’s $3.5 trillion budget will cause inflation. Reich argues that if this budget will be paid for with tax hikes, then there won’t be a difference in the national debt and, therefore, no inflation. He believes the biggest economic issue is that the average American’s income has not risen with the prices of goods or the nation’s productivity. He argues if the government needs to have a trillion dollar budget to keep the country afloat, then the government is not functioning well.

What do you think about today’s round of news headlines and finance news today? Let us know in the comments below!

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