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Economy
Troubled Bed Bath & Beyond Shuttering 87 More Stores as Possible Bankruptcy Looms
Troubled home goods retailer Bed Bath & Beyond is shutting an additional 87 stores as its financial woes continue, a spokesperson has confirmed. A company spokesperson told Nexstar: "This store fleet reduction expands ...
January 31, 2023
BY
Katabella Roberts
Inflation in Rural Areas Much Higher Than in Cities
High inflation is hurting rural households disproportionately compared to urban dwellers, according to a survey. According to Iowa ...
January 30, 2023
BY
Bryan Jung
Biden Admin Plans to End COVID-19 Emergency Declarations on May 11
The Biden administration has informed Congress it plans to end national COVID-19 emergency declarations on May 11. The move ...
January 30, 2023
BY
Mimi Nguyen Ly
‘China Changed Capitalism’: Sens. Rubio and Warner Sound Alarm on CCP’s Economic Threat
A bipartisan duo of lawmakers is calling for greater efforts to curb the malign influence of China’s communist ...
January 30, 2023
BY
Andrew Thornebrooke
Jordan Peterson Sets Up ‘Pro-Human’ Alternative to Globalist-Corporatist World Economic Forum
Professor of psychology and public speaker Jordan Peterson has announced the formation of an international consortium that would ...
January 30, 2023
BY
Tom Ozimek
Colorado Senator Warns Federal Reserve of Interest Rate Hike Hazards
The Federal Reserve’s Federal Open Markets Committee (FOMC) is expected to raise interest rates again this week in ...
January 30, 2023
BY
Michael Clements
Court Rejects Johnson & Johnson Bankruptcy Strategy for Tens of Thousands of Baby Powder Lawsuits
A U.S. court on Monday rejected pharmaceutical company Johnson & Johnson's bankruptcy strategy to resolve billions of dollars ...
January 30, 2023
BY
Jack Phillips
Drugmaker Amgen Lays Off 300 US Employees
Drugmaker Amgen Inc. said on Monday that it let go about 300 U.S. employees or about 1.2 percent ...
January 30, 2023
BY
Reuters
Data Point to a Recession in 2023
Commentary The saving grace of the U.S. economy for most of 2022 had been employment, which had printed ...
January 30, 2023
BY
J.G. Collins
Experts Warn New IRS Tax Rules Are a ‘Double Whammy’ for Families
After the Internal Revenue Service issued several releases warning about potentially lower tax refunds this filing season, some ...
January 29, 2023
BY
Jack Phillips
Ex-CEO Warns US May Be in ‘World of Hurt’ If Federal Government Doesn’t Act Soon
Former Walmart CEO Bill Simon warned that corporate layoffs might have a significant impact on the U.S. economy ...
January 29, 2023
BY
Jack Phillips
Speaker McCarthy: Cuts to Social Security, Medicare Are ‘Off the Table’
House Speaker Kevin McCarthy (R-Calif.) on Sunday confirmed that the GOP will not attempt to pass legislation cutting spending ...
January 29, 2023
BY
Jack Phillips
Fuel Costs of Electric Vehicles Overtake Gas-Powered Cars: Study
The cost to fuel electric vehicles in the United States is higher than gas-powered cars for the first ...
January 28, 2023
BY
Allen Zhong
Millions to See SNAP Payment Decrease After February, Federal Agency Says
Millions of Americans who are in the Supplemental Nutrition Assistance Program (SNAP) will see decreases in payments after ...
January 28, 2023
BY
Allen Zhong
IRS Says Millions of Americans Don’t Realize They’re Eligible for Tax Credit
The IRS has issued a reminder that millions of Americans are eligible for a tax credit that last ...
January 28, 2023
BY
Tom Ozimek
FAA Identifies Contractor Involved in Outage That Grounded Over 11,000 Planes
The Federal Aviation Administration (FAA) identified the contractor involved in the outage of a safety bulletin system that ...
January 28, 2023
BY
Bryan Jung
World Economic Forum ‘Risk Management’ Report Takes Aim at Energy and Food
The climate and social justice movement is seeking to rebrand itself from a progressive ideology to a prudent ...
January 28, 2023
BY
Kevin Stocklin
Americans Fall Behind on Car Payments at Highest Rate Since 2009
More Americans are falling behind on their car payments at the highest rate since the Great Recession over ...
January 28, 2023
BY
Bryan Jung
Expanding Convenience Stores Bet on a Future With Gas Powered Vehicles
Despite government regulations pushing a future filled with electric vehicles (EVs), some large convenience store chains still see ...
January 28, 2023
BY
Beth Brelje
Biden Announces 20-Year Ban on Mining in Minnesota, Undermining Nation’s Mineral Security
The Biden administration has announced that it will impose a 20-year mining moratorium on thousands of acres of ...
January 27, 2023
BY
Naveen Athrappully
What Does President Biden’s New Student Loan Repayment Plan Involve?
College graduates hope that a new student loan repayment plan recently proposed by President Joe Biden will be ...
January 27, 2023
BY
Mike Valles
US Consumer Sentiment Improves in January, but Two-Thirds Think the Economy Will Get Much Worse by 2024
American consumer sentiment improved this month, but two-thirds believe that the economy will get much worse by next ...
January 27, 2023
BY
Bryan Jung
These States Are Still Sending Out Payments in 2023
While there are likely no federal stimulus checks being handed out in the near future, some states are ...
January 27, 2023
BY
Jack Phillips
Against Biden Admin Wishes, House Votes to Limit Strategic Petroleum Reserve Release
After a lengthy debate over numerous amendments, and despite the Biden administration's promise of a veto, the Republican-controlled House of ...
January 27, 2023
BY
Nathan Worcester
Republicans Introduce Bill to Strip China of Permanent Trade Status
A group of Republican lawmakers is introducing legislation that would strip communist China of its special permanent trade ...
January 27, 2023
BY
Andrew Thornebrooke
Elon Musk Makes Huge Tesla Profit Over Past Week
Telsa and Twitter owner Elon Musk added about $21 billion to his profits over the seven days since last ...
January 27, 2023
BY
Jack Phillips
Fed’s Preferred Inflation Gauge Shows Underlying Price Pressures Rising
A key inflation gauge closely tracked by the Federal Reserve showed that underlying price pressures increased in December ...
January 27, 2023
BY
Tom Ozimek
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RNC Urges Republicans to Expose Democrats’ ‘Extreme’ Abortion Stance
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