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News & Articles By Belle Carter
10/29/2024
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By Belle Carter
Denny’s is shutting down 150 stores to boost cash flow amid declining sales
Twenty-four-hour diner and breakfast restaurant Denny’s recently announced the closure of 150 branches out of its 1,700 locations worldwide – 50 store closures by the end of this year and the remaining 100 locations will be shut in 2025. According to a Securities and Exchange filing from the chain on Tuesday, Oct. 22, the company […]
09/24/2024
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By Belle Carter
Economist warns dollar purchasing power nosediving to nearly zero as U.S. enters HYPERINFLATION ERA
Zang Enterprises founder and CEO Lynette Zang recently warned that the United States is about to enter an era of hyperinflation. She noted that market volatility is inevitable, and that the public will start losing confidence in the U.S. dollar. “I believe with all my heart and everything that I know that we’ve already begun the transition […]
08/22/2024
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By Belle Carter
Kamala Harris wants to raise corporate tax rate, punishing small businesses even more
Vice President and Democratic presidential nominee Kamala Harris would raise the corporate tax rate from 21 to 28 percent as part of her “destructive” economic policy should she win in the upcoming election. Harris campaign spokesman James Singer announced this major proposal on Monday, Aug. 19. Singer told NBC News that Harris would push for the increase […]
08/20/2024
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By Belle Carter
Kamala Harris unveils plan for Soviet-style CONTROLS on food, grocery prices
Vice President Kamala Harris has unveiled her plan for government to control food and grocery prices as part of her progressive economic proposals during her first policy speech in Raleigh, North Carolina. According to the Harris campaign, she will call for a federal ban on food and grocery price gouging and fixing within her first 100 days in […]
08/19/2024
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By Belle Carter
Solar panel giant SunPower files for bankruptcy as Biden’s economy unravels
One of the country’s largest residential solar installers has just declared Chapter 11 bankruptcy, marking the end of the 39-year-old business. The green energy company cited a “severe liquidity crisis caused by a sharp decline in demand in the solar market and SunPower’s inability to obtain new capital.” “In light of the challenges SunPower has […]
08/09/2024
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By Belle Carter
Red state AGs denounce Janet Yellen’s claim that state anti-debanking laws are a threat to national security
Twenty Republican attorneys general have strongly denounced Secretary of the Treasury Janet Yellen for declaring that state laws banning debanking measures threaten national security – a push that AGs believe is a “disturbing trend of skirting the department’s responsibilities” by legislation to satisfy its political interests. In a letter dated Aug. 1 and signed by Florida […]
07/15/2024
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By Belle Carter
Volkswagen to close Audi Brussels branch due to sharp drop in EV demand
There is a chance that the Volkswagen Auto Group will shut down its luxury brand Audi in Brussels, Belgium because of the sharp drop in demand for high-end electric cars. The low demand has also forced Europe’s top carmaker to cut its margin target for 2024. According to labor sources, Volkswagen has not shut down a […]
07/02/2024
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By Belle Carter
Rep. Massie: Trump has proposed eliminating the income tax and replacing it with tariffs
Former President Donald Trump has proposed eliminating the income tax and replacing it with an “all-tariff” policy on imports, according to a Republican lawmaker. Kentucky Rep. Thomas Massie disclosed this in a post on X, citing a private meeting Trump had with GOP lawmakers at the Capitol Hill Club last month. “Most intriguing policy idea […]
06/28/2024
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By Belle Carter
Russian economist unveils Putin’s masterplan as U.S. dominance ends
Russian President Vladimir Putin started long ago to steer Russia away from the global liberal order. One way he did this is by establishing the Eurasian Economic Union (EAEU) in 2014, which aims to create a new power center to rival the U.S. and Europe. Putin already concluded then that he needed to separate the Eurasian […]
06/27/2024
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By Belle Carter
American consumers are spending less as worsening inflation continues to batter households
Consumers have been more cautious about spending in recent months as they grapple with the soaring cost of living that continues to batter American households, for a few years now. According to new data provided by the Commerce Department, retail sales in May rose only 0.1 percent, falling short of Dow Jones’ expectations of a […]
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