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News & Articles By Arsenio Toledo
11/29/2023
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By Arsenio Toledo
JPMorgan Chase to shut down nearly 160 bank branches across the U.S.
JPMorgan Chase, America’s largest bank, will have shut down 159 branches across the country by the end of 2023. For Chase Bank’s customers, these closures represent serious inconveniences, if not outright terrible disruptions to their lives. Services previously offered by human bank tellers and other banking professionals who used to staff these now-shuttered branches have now been […]
11/27/2023
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By Arsenio Toledo
Thanksgiving was more expensive under the Joe Biden administration thanks to “Bidenflation”
The staple foods included in every Thanksgiving meal are now more expensive as food inflation grips the nation, thanks to President Joe Biden’s economic policies. Some notable holiday favorites severely impacted by food inflation include russet potatoes, canned pumpkins and canned cranberries, whose prices are up 14 percent, 30 percent and 60 percent, respectively, compared to […]
11/16/2023
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By Arsenio Toledo
Congress passes ANOTHER stopgap spending bill, delaying long-term solution to budget crisis
The House of Representatives has passed another stopgap funding bill, once again delaying a long-term solution for the government budget and making the possibility of a government shutdown more likely. By a vote of 336 to 95, with 209 Democrats and 127 Republicans supporting it, the House passed another stopgap government funding bill. Ninety-three Republicans […]
11/15/2023
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By Arsenio Toledo
47 Nations combine forces to require automated tax authority monitoring of crypto trading data
Nearly 50 nations, including the U.S., have announced their intention to collaborate to enable the automatic exchange of information between cryptocurrency trading firms and tax agencies. In a press release, the British government said this new coalition of nations and other jurisdictions is partnering up with the Organization for Economic Cooperation and Development (OECD) to […]
11/14/2023
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By Arsenio Toledo
Bangladesh garment factory owners demand fashion retailers help shoulder costs amid economic slowdown and mandated wage hike
Owners of clothing factories in global fashion manufacturing hub Bangladesh are asking major clients to help them pay for a 56 percent government-mandated hike in wages for garment factory workers. The wage increase of 56 percent is the first notable wage increase for the industry’s workers in five years and raises wages to 12,500 Bangladeshi […]
11/08/2023
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By Arsenio Toledo
The West’s price cap on Russian oil exports is NOT WORKING
The price cap on Russian oil exports introduced by the United States-led Group of Seven organization and the European Union late last year has not produced its desired effect. This is according to multiple reports released by journalists from mainstream media outlets, including Politico and the Wall Street Journal. (Related: HYPOCRISY: U.S. to INCREASE IMPORTS from Russia amid […]
11/01/2023
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By Arsenio Toledo
Russia to ban individuals from using cryptocurrency for domestic transactions
Russia is about to ban non-state-controlled circulation of cryptocurrency, including trading, mining and internal crypto transactions. This is according to Anton Tkachev, a member of the State Duma, the Russian parliament, and the deputy head of the State Duma Committee on Information Policy, Information Technologies and Communications. Tkachev noted that the use of cryptocurrency in Russia […]
10/31/2023
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By Arsenio Toledo
Sanctuary City New York spent over $5 billion in taxpayer money the previous fiscal year to provide services for ILLEGAL IMMIGRANTS
The contracts New York City has signed to provide additional care for illegal immigrants flooding into the city have cost the Big Apple’s taxpayers over $5 billion by the end of the fiscal year on Sept. 30. New York City Mayor Eric Adams has signed nearly 200 contracts worth $5,056,744,415 since declaring a state of […]
10/30/2023
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By Arsenio Toledo
10 Million more Americans struggled with HUNGER in 2022 compared to the previous year
Ten million more people in the United States reported living in food insecure households in 2022 compared to the previous year. This is according to the latest report from the U.S. Department of Agriculture that provided even more data on how President Joe Biden’s administration has impacted everyday life for Americans. (Related: Food shortages and […]
10/23/2023
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By Arsenio Toledo
Sen. Durbin proposes bill to reduce credit card swipe fees – critics warn bill would increase credit card fraud
Democratic Sen. Dick Durbin of Illinois has once again filed a bill in the Senate that could limit the ability of banks and credit unions to implement anti-fraud technologies to protect users of credit cards. The Credit Card Competition (CCA) Act of 2023 claims to want to lower interchange fees. Also known as “swipe fees,” […]
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