Social Security: What a 25% Benefit Cut Could Mean for Your Retirement

Social Security has been a key part of the American retirement system for decades, providing reliable income to millions of retirees, survivors, and individuals with disabilities. However, concerns about its…

Quarter-Point or Half-Point? The Fed’s Rate Cut Could Change Everything

The Federal Reserve is getting ready to make an important decision about whether to cut interest rates by 0.25% or 0.50%, and this decision could have a big impact on…

Large Investor Promises To Hold DJT ‘For a Long Time’

Donald Trump’s recent declaration that he plans to hold onto his stock in Trump Media & Technology Group (TMTG) for a “long time” has sparked interest and skepticism. With the…

Newsom’s California Sets the Bar for Poverty in the U.S.

Governor Gavin Newsom frequently compares California’s economy to those of other states like Texas and Florida, as well as other nations. However, one area where California consistently leads the nation…

August CPI Report Signals Lower Inflation, But Price Gouging Still Inflates Grocery Bills

The latest Consumer Price Index (CPI) report from the Federal Reserve, released on Wednesday, offers some relief: inflation has continued to cool, with prices rising just 0.2% in August and…

Big Lots Files for Bankruptcy, Plans Acquisition Amid Store Closures and Stock Plunge

September 10, 2024 Big Lots, the Ohio-based discount retailer, has announced plans to file for bankruptcy as it prepares to be acquired by Nexus Capital Management, a private equity firm…

As Hurricane Francien Targets Texas, Louisiana, and Mississippi, Energy Markets Brace for Impact

Hurricane Francien’s Path and Potential Impact Hurricane Francien, currently centered in the Gulf of Mexico, is forecasted to make landfall in Louisiana by Wednesday, September 11. With maximum sustained winds…

Boeing’s Struggles Deepen: Starliner’s Safe Landing Comes with a Cost

Boeing’s Starliner spacecraft recently returned safely to Earth after a mission to the International Space Station (ISS), but it did so without its crew. NASA astronauts Suni Williams and Butch…

Truth Social’s Stock Price Hits Further Lows as Trump Returns to X/Twitter

Truth Social (DJT), a social media platform linked to Donald Trump, saw its stock hit an all-time low. Several executives started selling their shares, which caused the stock to drop…

Volkswagen Factory Closures Considered in Germany: Stiff Chinese EV Competition

Volkswagen Considers Factory Closures Volkswagen is thinking about closing factories in Germany for the first time in its 87-year history. This decision comes as the company faces increased competition from…