Chinese Real Estate Giant Files For Bankruptcy
One of the largest Chinese real estate companies, Evergrande, filed for bankruptcy last week, which could have a significant impact on the future of...
Trump: Would Not Renominate Powell As Fed Chair
Former President Donald Trump said this week that he would not renominate current Federal Reserve Chair Jerome Powell, marking a potentially large change at...
United States Loses AAA Credit Rating
The United States saw its Fitch credit rating drop from its sterling AAA rating this week, noting a potential lack of confidence from financial...
Fed Rate Reaches More Than 20-Year High
The Federal Reserve announced this week that it was raising interest rates yet again, marking the latest effort in the fight against stubborn inflation...
Americans Purchasing Less Food Amid Inflation
A major food distributor announced this week that many Americans were cutting back on their food consumption amid high inflation rates. The news comes...
Worse-Than-Expected Jobs Report Could Signal Weakening Economy
The American economy produced fewer jobs than expected in June, according to the Labor Department. Non-farm payroll employment increased by 209,000, lower than the...
Jordan Launches ESG Funding Investigation
House Judiciary Committee Chairman Rep. Jim Jordan (R-OH) is joining several other Republican representatives to investigate the status of environmental, social and governance (ESG)...
Unemployment Claims Reach Nearly Two-Year High
New jobless claims reached their highest point since October 2021, in the latest economic yellow light. The increase in jobless claims comes as the...
Grocer’s Plight Highlights Surge In Thefts
Another retail chain expressed difficulty in keeping its locations open due to significant theft and quality of life issues. Giant Food is currently struggling...
Target’s Stock Falls After LGBT Pride Marketing
Retail giant Target is facing a prolonged backlash after unveiling several LGBT-related products and displays. Several of the themed goods were marketed specifically to...
