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News & Articles By Belle Carter
09/11/2023
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By Belle Carter
City of Birmingham declares bankruptcy, shuts down nonessential spending after being hit with $950 million equal pay claims
The local government body of Birmingham, the U.K.’s second-largest city, effectively declared bankruptcy on Sept. 5 because it no longer has enough money to pay the £760 million ($954 million) equal pay claims it owes to female government employees who were paid less than men in the past. Birmingham City Council, which provides services for […]
09/05/2023
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By Belle Carter
Farmers Insurance lays off 2,400 employees in the name of “long-term profitability”
American insurer Farmers Insurance Group revealed in an August 28-dated press statement that it is set to lay off 11 percent, or roughly 2,400, of its workers across all lines of business from a workforce made up of nearly 21,000 people. The release cited the excuse of creating a more efficient organization via austerity initiatives. […]
08/30/2023
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By Belle Carter
End of the U.S. empire and its weaponized dollar? BRICS to account for HALF of global food production when new member states join next year
The BRICS (Brazil, Russia, India, China and South Africa) bloc of top emerging economies, which was formed in 2009, just took a major step in the expansion of its influence by inviting six more progressive nations to become new state members. Come January 2024, Argentina, Ethiopia, Iran, Saudi Arabia, Egypt and the United Arab Emirates […]
08/30/2023
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By Belle Carter
Unhappy comeback: Embattled Chinese real estate giant Evergrande crashes again by 87% after 17-month suspension
The shares of the bankrupt former Chinese property giant Evergrande plunged 79 percent on Monday, its first trading day following a suspension of more than 17 months, which it used to try to restructure its offshore debt. The stock of the embattled real estate developer Evergrande Group, which trades in Hong Kong under what was supposed […]
08/29/2023
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By Belle Carter
Watchdog study: Biden’s food stamp expansion caused 15% SURGE in grocery prices
The Biden administration’s massive and unlawful $1 trillion expansion of food stamp benefits has possibly caused a 15 percent increase in grocery prices instead of stopping hunger, a government watchdog study indicated. The U.S. Department of Agriculture (USDA) reportedly rolled out the revised nutritional standards for the Supplemental Nutrition Assistance Program (SNAP) in 2021 and expanded the program […]
08/28/2023
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By Belle Carter
Former colleague’s inside story: Disgraced Sam Bankman-Fried intended to build vaccine factory in the Bahamas
A former engineer at crypto trading firm Alameda Research, which was co-founded by the fallen entrepreneur Sam Bankman-Fried, disclosed the former billionaire’s massively “ambitious” vision and larger-than-life aspirations for the future. “He didn’t just want to build a company. He wanted to build a machine, a growing sphere of influence that could break past the […]
08/27/2023
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By Belle Carter
BAD NEWS for home buyers: U.S. house mortgage rates SKYROCKET to HIGHEST level in two decades
There is bad news for anyone looking to buy a home in the near future. The Mortgage Bankers Association (MBA) recently reported that mortgage rates in America surged to their highest level since late 2000 last week. The 30-year fixed mortgage rate increased 15 basis points to 7.31 percent in the week ended Aug. 18. […]
08/21/2023
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By Belle Carter
INFLATION WOES: Millennials crumble, turn to social media to air frustration over soaring cost of living
As the soaring cost of living continues to plague and hunt the lives of Americans and Canadians from all walks of life as well as people from all around the world, they resort to social media to vent out and air their frustrations. Millennials and Gen Z are the main target market of these platforms. […]
08/15/2023
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By Belle Carter
PROGRESS: Corporate “wokeism” backlash drives S&P Global to dump ESG metrics in credit quality assessments
American publicly traded corporation Standard & Poor (S&P) Global recently announced the dropping of its credit rating agency’s use of environmental, social, and governance (ESG) scores in assessing corporate borrowers. This is its response to the massive backlash on this metric’s link to the global “woke” agendas being pushed across the United States. According to […]
08/07/2023
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By Belle Carter
Bud Light’s parent company loses $390M after Dylan Mulvaney ad controversy
Bud Light’s parent company AB InBev is beginning to feel the results of the “woke” marketing fiasco it recently dealt with. In its second-quarter earnings report, AB InBev reported a 10.5 percent drop in revenue for its U.S. market and a 28.2 percent drop in core profit. Overall, it lost approximately $390 million last year. […]
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