Economy
“U.S. Engine Maker Set to Be Penalized: Biggest Clean Air Act Fine Ever for Emissions Test Cheating.
On Thursday, the U.S. Department of Justice announced the largest ever Clean Air Act penalty against a major engine maker, Cummins Inc., over accusations of emissions test cheating. The settlement with a total of nearly $1 billion in penalties is…
“Tesla: 120,000 Vehicles Recalled—Risk of Doors Crashing Open in a Collision!
Tesla, Inc. recently announced the recall of thousands of vehicles due to faulty doors that could potentially open during an accident. The recall affects as many as 120000 Model S and Model X vehicles produced between 2012 and 2018. According…
Prepare Now: Social Security Check Changes Coming – Find Out When and How Much
Social Security checks are an important source of financial security for many American retirees. However, changes are coming that may affect how much money you receive from the Social Security Administration. Here’s what you need to know about the upcoming…
Jump Into the Housing Market: New Home Construction Soars, Raising Optimism!
The housing market is looking up following a surge in new home construction. According to the US Census Bureau, housing starts, which measure the number of single-family homes and apartment buildings being built, jumped by nearly 20 percent in December.…
in Australia Add Fuel to the Fire: Beware of Buy Now, Pay Later Debt in Australia
Credit card debt is one of the leading financial stressors among consumers. No one wants to go into debt, but it can happen when credit cards are used without proper care or planning. The availability of buy now, pay later…
“Honda Unleashes a Blaze of Safety Woes: Recalls Thousands of CR-V Hybrids Over Electrical Hazard
Honda has decided to call back thousands of 2021 Honda CR-V Hybrid vehicles over an electrical issue that could lead to fires. According to the company, the recall affects certain vehicles manufactured from October 2019 to October 2020. The issue…
2025: Europe’s Delayed Dream – New Travel System Put On Hold
Europe’s long-awaited travel system, the European Union’s “Movement for the Free Travel of Persons” (MFT) project, has been postponed again, this time until 2025. The project, which was initially expected to be completed by 2021, has been delayed due to…
“Southwest Sees Unprecedented $140M Fine for 2022 Holiday Flight Disruptions
On August 18, 2020, the U.S. Department of Transportation (DOT) issued a Notice of Proposed Civil Penalty against Southwest Airlines in the amount of $142 million for holiday flight disruptions that occurred during the 2022 holiday season. The DOT found…
“Say Goodbye: GM to Reduce 1,300 Michigan Jobs as Cars Stop Rolling Off the Line
Good news for the economy as GM has announced that they are laying off 1300 workers in Michigan due to the end of production of certain vehicles. GM, the largest US automaker, has been in the news recently due to…
Renters Rejoice: U.S. Rentals Getting More Affordable!
Rent prices across the United States have been notoriously high for years, causing many tenants to struggle to make ends meet and exacerbating an already-present housing affordability crisis. However, recent data suggests that there may finally be some relief in…