Seattle’s $26.40 Minimum Wage Under Fire: Uber CEO Predicts Economic Downfall

The ongoing wage controversy in Seattle has drawn significant attention, particularly due to claims made by Uber CEO Dara Khosrowshahi. The debate centers around Seattle’s recently implemented minimum wage law…

Feds’ Lawsuit Against Software Firm for Rent Collusion Could Trigger Nationwide Housing Downturn

The Department of Justice (DOJ) has recently filed a high-stakes lawsuit against RealPage Inc., a software company accused of facilitating a nationwide conspiracy among major landlords to fix rent prices.…

Insider Sell-Off Warning: Truth Social’s Valuation Faces Uncertain Future

Investors need to be careful because the stock price of Trump Media & Technology Group Corp., the company behind Truth Social, could fall sharply in the near future. This potential…

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…

Fed Powell at Jackson Hole: Decision on Rate Cuts Could be the Market’s Make-or-Break Moment

Market Eyes on Jackson Hole This week, all eyes are on the Federal Reserve’s Jackson Hole Symposium, where Chair Jerome Powell’s speech is expected to shed light on future interest…

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…

Starbucks’ New CEO Faces Unionization Challenges with Chipotle Baggage

As Starbucks welcomes its new CEO, who previously held a leadership role at Chipotle Mexican Grill, the coffee giant finds itself at a critical crossroads. While the new CEO brings…