United Auto Workers (UAW) Union Poised for Nationwide Strike

Tensions Rise Between UAW and Stellantis The United Auto Workers (UAW) union is gearing up for a potential nationwide strike against Stellantis, the automaker behind well-known brands like Jeep, Ram,…

More Tech Layoffs: General Motors Slashes 1,000+ Jobs in Major Software Division Shakeup

GM’s Recent Job Cuts in Software Division In August 2024, General Motors (GM) made headlines with its decision to lay off more than 1,000 employees from its software and services…

Should I Claim Social Security at 62? Depends How Long You Live

Some people in the United States choose to start collecting Social Security benefits as soon as they are eligible, which can be as early as age 62. Social Security provides…

Resilient Consumer Spending Fuels Economic Growth Amid Uncertainty

Resilient Consumer Spending: A Pillar of Economic Growth Despite concerns over economic slowdowns, U.S. consumer spending has remained surprisingly resilient in 2024. Retail sales, a crucial indicator of economic health,…

Missouri Investment Rule Targeting ‘Woke Politics’ Struck Down by Federal Court

Missouri’s Investment Rule Challenged in Court A recent federal court ruling has overturned a Missouri investment regulation designed to address so-called “woke” investment practices. The rule, issued by Missouri Secretary…

Newsom’s California to Texas Pipeline: Chevron’s $550M Settlement and Exit Tax Fallout

Chevron Corporation’s recent decision to move its headquarters from San Ramon, California, to Houston, Texas, marks another significant exit of a major corporation from the Golden State. This move, announced…

Starbucks Stunner: Chipotle CEO Takes the Helm Amid Explosive Boycott Fallout

Starbucks has announced a major leadership change, appointing Brian Niccol, the current CEO of Chipotle, as its new CEO, effective September 9, 2024. This decision follows the departure of Laxman…

Florida’s DeSantis Tasks Legislators With Bailout As Condo Crisis Deepens

As condominium owners throughout the state face significant hikes in their homeowner association assessments, Florida Gov. Ron DeSantis said it’s up to the Legislature to convene a special session to…

Big Lots Shuts Down 315 Stores Nationwide: Going Concern Warning Issued

Big Lots, a well-known discount retailer, is facing significant financial difficulties, prompting the company to announce plans to close up to 315 stores nationwide. This move represents a dramatic increase…

Disney Cites Inflation for Operating Income Decline

The Walt Disney Company has recently attributed a slowdown in demand at its domestic theme parks to economic pressures, specifically pointing to lower-income consumers feeling financial stress and higher-income consumers…