Economy
Wall Street Greed Threatens Main Street: Banking Rules Could Jeopardize Small Businesses and Low-Income Americans
As the economy continues to recover from the devastation of the COVID-19 pandemic, one area of interest for lawmakers is banking reform. The Senate recently proposed a new set of banking rules that would expand consumer protections and target Wall…
Close Vote Looms as Hollywood Stars Debate Offer Controversy
Amid the runoff of the actors’ contract negotiations in Hollywood, the intense pressure and vocal criticism from within the entertainment industry have created an uncertain outcome for the vote. With contracts set to expire in 2021, the negotiations have been…
“Swiss Bank Shocked By U.S. Fines: $122.9M for Hiding Billions of Assets!
Switzerland has been known for generations as a safe haven for those looking to keep their finances in privacy, employing the highest levels of banking security available. However, a recent development by Swiss banking giant UBS has put this reputation…
“Torn Apart: How the Israel-Hamas War is Dividing Hollywood
In a time of political strife, Hollywood has found yet another topic to deeply divide its members: the Israel-Hamas war. While some of Tinsel Town’s more outspoken celebrities have used their platforms to certify their allegiance, many others are trying…
“Plunging Home Sales: Lower Than Ever, Even Worse Than the Financial Crisis
Pending Home Sales Drop to Record Low in the US The US housing market has taken a sharp nosedive recently, as pending home sales have dropped to a record low—even lower than during the financial crisis. The National Association of…
Red Lobster “Unlimited Shrimp Overload: Promotion Too Good To Last!
When Red Lobster released their highly anticipated unlimited shrimp promotion, it quickly became one of the most popular deals the chain had ever seen. Unfortunately, the unbeatable deal ended much sooner than anticipated and customers were left disappointed. Red Lobster…
Fed Chair Powell: Increasing Rates Still an Option – No Need to Cut Prematurely!
On Wednesday, Fed Chairman Jerome Powell made comments concerning the possibility of a rate cut. He declared talk of a rate cut was premature, suggesting instead that more rate hikes could happen in the future. His comments come after a…
“Walmart Leaps to India for Lower-Cost Imports!
As businesses across the globe are struggling to reduce their overhead expenses, a recent report has revealed that Walmart has shifted its purchasing strategies from China to India in a move to take advantage of some of the most competitive…
“Unite for Justice! Thousands of Autoworkers Stand Together After UAW Victory over Big Three
The recent victory for the United Auto Workers (UAW) at the United States’ Big Three automobile manufacturers— Ford, GM, and Chrysler— is a win for the union, but it’s also opened the door for other workers at major automakers such…
“Powerful Progress: Autoworkers Unite After UAW Victory!
As the auto industry is slowly but surely marching towards recovery, an important move within the sector has recently been made in the United States. Thousands of autoworkers have chosen to join the United Auto Workers union, following a huge…