Shannon Campbell 
Washington has gone back and forth over sanctions on Chinese financial institutions, but the Treasury Secretary has shared that no moves are being made just yet. Talk of Sanctions In recent days, the possibility of U.S. sanctions against Chinese banks has loomed over the global marketplace. On Thursday, U.S. Treasury Secretary Janet Yellen clarified the … Read more
Another high-profile financial figure has stepped forward to warn about the potential impacts of the US trillion-dollar national debt. Cooperman Speaks Out The US is being nudged ever closer to a financial crisis as a result of trillion-dollar debt, according to billionaire investor Leon Cooperman. Interview With CNBC In an interview with CNBC on Tuesday, … Read more
A government initiative has granted a Nebraska non-profit $62 million to boost the solar power industry in the state. Solar Power Grant The clean energy industry in Nebraska looks to be on the brink of a new era thanks to a $62 million federal grant given to a nonprofit group based in the state. Center … Read more
After firing 30 employees over political protests last week, Google has given the boot to another group of staffers. More Firings at Google Google has confirmed the firing of 20 more employees who have protested against the tech giant’s billion-dollar contract with the Israeli government. April 16 Office Protests The latest round of terminations came … Read more
With California’s recent minimum wage hike, some fast-food franchises are desperate for new strategies to stay afloat. California Minimum Wage In the weeks following California’s new minimum wage laws, which saw the fast food wage rate raised to $20 per hour, fast-food franchise owners have found themselves struggling to turn a profit due to labor … Read more
US retail corporation Express has filed for bankruptcy this week due to flagging sales and revenue loss year after year. Chapter 11 Bankruptcy for Express Clothing retailer Express Inc. has officially filed for Chapter 11 bankruptcy and announced plans to shutter up to 100 stores. Not Moving With the Times? With a portfolio that includes … Read more
After 2 years of backlash and scrutiny, a public toilet construction project in San Francisco has opened up and arrived under budget, to the relief of local residents. Public Bathroom Causes Backlash Back in 2022, plans to build a public toilet in a San Francisco neighborhood made headlines after the cost of the construction project … Read more
The FTC has made another aggressive move to block a corporate merger, this time between two significant players in the luxury shopping and fashion industries. FTC Moves Against Fashion Merger The US Federal Trade Commission has declared its decision to sue to block a merger between luxury fashion brand Tapestry and one of its major … Read more
After weeks of debate, negotiation, and a missed deadline, top lawmakers in New York have finalized the state budget. Budget Finally Passed New York finally passed its state budget. Though it was finalized three weeks after its April 1 deadline, lawmakers agreed on a $237 billion sum to be dispersed across multiple sectors. Different Sectors … Read more
Weight loss drugs are having some notable effects on consumer spending and may go on to have a significant impact on the US food and retail industry, according to a new survey. Do Weight Loss Drugs Reduce Food Spending? ‘Miracle’ weight loss drugs like Ozempic and Wegovy are driving down food spending for users, according … Read more
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