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News & Articles By Arsenio Toledo
09/12/2024
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By Arsenio Toledo
Housing market seeing decline in activity due to uncertainty associated with upcoming election
Potential home buyers in the United States are holding off on finalizing their purchases, with market analysts and industry experts equating this anxiety over the uncertainty associated with the election. It should be noted that fall is traditionally a slower time for home sales, as prospective new homeowners are wary of moving at a time […]
08/20/2024
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By Arsenio Toledo
Fitch downgrades Israel’s credit rating as investors worry about war in Gaza dragging on
American financial services and credit ratings agency Fitch has once again downgraded Israel’s credit rating, bringing the country down from “A-plus” to “A” on Aug. 12, citing increased geopolitical risks as the conflict in Gaza drags on and fears of Tel Aviv escalating tensions with Iran, Lebanon and Yemen increase. Fitch is keeping its outlook […]
06/13/2024
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By Arsenio Toledo
BIDENFLATION makes the cost of raising children in America prohibitively expensive
High inflation is making the cost of raising a child in the United States prohibitively expensive. According to online lending marketplace LendingTree the cost of child care in the U.S. has surged nearly 20 percent between 2016 and 2021. Annual expenses without taking into account tax exemptions or credits hit $21,681 in 2021, compared to just […]
06/07/2024
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By Arsenio Toledo
Turkey signals desire to join BRICS and abandon EU membership dreams
Turkey is interested in joining the BRICS group of emerging economies. BRICS is an acronym for Brazil, Russia, India, China and South Africa. This organization, which is believed to be on the road to dominating the global economy, recently announced its willingness to expand by inviting Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United […]
05/01/2024
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By Arsenio Toledo
Elon Musk shuts down Tesla’s profitable Supercharger team in latest round of layoffs
Elon Musk has shut down Tesla’s division that runs the Supercharger business in the latest round of layoffs that is expected to reduce the electric vehicle manufacturing giant’s workforce by more than 10 percent. The shutdown of the Supercharger division includes the dismissal of two senior executives and several hundred other staffers amid an ongoing […]
03/25/2024
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By Arsenio Toledo
Texas public schools fund pulls out $8.5 billion from BlackRock over ESG investing
A school fund in Texas has pulled $8.5 billion of state money from BlackRock over accusations that the investment firm’s alleged boycott of fossil fuel energy producers harms Texas’ industries. The move was conducted by the Texas Permanent School Fund (Texas PSF), a sovereign wealth fund and pension fund established in the 19th century to support the […]
03/14/2024
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By Arsenio Toledo
Bitcoin SURGES above $73,000 ahead of “halving” event in April
The world’s leading cryptocurrency bitcoin topped $73,000 on Wednesday, March 13, ahead of the “halving” event in late April, which is expected to push its value even higher. The blockchain is designed so that a halving occurs every time 210,000 blocks are added to the chain, which means that it happens roughly every four years. The […]
03/07/2024
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By Arsenio Toledo
Jeff Bezos regains title of world’s richest person, overtaking Elon Musk for the first time since 2021
Amazon founder Jeff Bezos is once again the richest person in the world, after the tech giant’s net worth surpassed that of Tesla CEO and Twitter (now X) owner Elon Musk for the first time since the fall of 2021. This is according to the Bloomberg Billionaires Index, which reported on Monday, March 4, that Bezos’ […]
02/22/2024
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By Arsenio Toledo
World’s largest asset manager BlackRock exits globalist climate investment group
BlackRock, the world’s largest asset manager, joined JPMorgan Chase in pulling out from the climate change investment group Climate Action 100+ that pushes companies around the world to rein in emissions. Climate Action 100+ (CA100+) is a global coalition of investors who have pledged “to ensure the world’s largest corporate greenhouse gas emitters take necessary action on […]
02/15/2024
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By Arsenio Toledo
Credit card and auto debt DELINQUENCIES are SOARING, especially among younger Americans
New data from the Federal Reserve Bank of New York has found that credit card and auto debt delinquencies in the United States are soaring, especially among Americans aged 18 to 39. The Household Credit Report from the New York Fed’s Center for Microeconomic Data found that aggregate household debt balances rose by $212 billion, […]
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