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Why is it so hard to invest your money locally? Grassroots activists trying to build economic alternatives in the US encourage investing in the businesses in your neighborhood, instead of in far-off corporations. It turns out that it’s not so easy to move your money; there are even laws against it in the US. We talk with local finance expert Michael Shuman, and profile a grassroots success story CERO Group that’s funding its start-up without deep pockets or Wall St cash. All that and a few thoughts on the NATO chief Jens Stoltenberg you won’t find in the US media.
We lost 15 percent of our traffic overnight.
We now have three full months of data since Google changed its search to feature AI results. The numbers are worse than we anticipated. Overall readership that comes to Truthout through Google is down 54 percent against last year. The number of new readers who discover Truthout via Google searches is down 49 percent, and returning users from Google are down 51 percent.
We lost 15 percent of our readership overnight. This was a readership we painstakingly built over decades, and it vanished because Google chose corporate greed over a healthy democracy.
We anticipate a loss of roughly $500,000 in online revenue as a result of this massive traffic plunge in the next year alone.
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