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News & Articles By Laura Harris
11/29/2024
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By Laura Harris
Jaguar’s parent company experiences stock price drop following WOKE rebranding
Tata Motors, the Indian parent company of Jaguar, has experienced a stock price drop following its “bold” rebranding of Jaguar, which was spearheaded by an LGBTQ activist. On Nov. 21, Jaguar, the iconic British luxury car brand, launched a new ad campaign introducing a redesigned logo alongside the tagline, “Copy Nothing” on its official social media […]
11/27/2024
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By Laura Harris
REPORT: Tariffs during Trump’s first term would help U.S. decouple from China
A report from the National Pulse has revealed that the enactment of tariffs during the first term of President-elect Donald Trump is now helping the United States decouple from its imbalanced trade relationship with China. During Trump’s first term, he imposed 10 percent tariffs on Chinese aluminum, 30 percent on solar panels and electric vehicles and […]
11/25/2024
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By Laura Harris
Walmart CFO warns customers of potential price increases if Trump implements new tariff plans
Walmart Chief Financial Officer John David Rainey has warned the public that the retail giant would have to raise its prices if President-elect Donald Trump pushed through with his new plans to impose tariffs. During the campaign period, Trump vowed to impose a 60 percent to 100 percent tariff on imports from China and a […]
11/25/2024
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By Laura Harris
California voters reject $18 minimum wage proposal
California voters have rejected a ballot that would make the state’s minimum wage $18 an hour, the highest in the country. Proposition 32, included in the ballot measure during the 2024 election, would have immediately raised the minimum wage to $17 an hour for employees of businesses with 26 or more workers. By Jan. 1, […]
11/11/2024
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By Laura Harris
Germany to hold confidence vote in January following the dismissal of Christian Lindner as finance minister
Germany’s ruling three-party coalition is set to hold an immediate confidence vote following the dismissal of Christian Lindner as finance minister. In a televised address to the nation from the Federal Chancellery on Nov. 6, Chancellor Olaf Scholz, leader of the Social Democratic Party (SPD), announced that ongoing disagreements over budgetary priorities had undermined the ability […]
11/05/2024
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By Laura Harris
Disappointing BLS report: U.S. economy only created 12,000 new jobs in October due to hurricanes and labor strikes
The latest Bureau of Labor Statistics (BLS) jobs report has revealed that the economy of the United States only grew by a paltry 12,000 jobs in October, with major labor strikes and natural disasters like hurricanes cited as contributing factors. This BLS survey collection, conducted a month before the 2024 presidential election, shows that the job growth […]
10/25/2024
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By Laura Harris
Rising costs, shrinking consumer spending and changing customer habits push more restaurants into bankruptcy
At least 10 major restaurant chains have filed for Chapter 11 bankruptcy this year due to rising costs, shrinking consumer spending and the disappearance of pandemic-era financial support. In August alone, three notable restaurant chains sought bankruptcy protections. Mediterranean fast-casual chain Roti filed on Aug. 23, citing challenges from high operating costs and decreasing foot […]
10/16/2024
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By Laura Harris
HUD ANNUAL STUDY: Homelessness on the rise due to rising housing costs, poverty and the expiration of pandemic relief measures
The Department of Housing and Urban Development (HUD) has revealed that homelessness in the United States is on the rise due to rising housing costs, poverty and the expiration of pandemic-related relief measures. According to the HUD annual study, homelessness has been on an upward trajectory for six consecutive years, with significant growth observed since 2019. […]
10/16/2024
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By Laura Harris
7-Eleven to close 444 underperforming stores across North America as retail economy continues to crater
Popular convenience store chain 7-Eleven has announced the closure of 444 underperforming stores across North America, as the Japanese-owned corporation responds to changing consumer habits and ongoing inflationary pressures. According to its Tokyo-based parent company Seven & I Holdings, the closure will only affect around three percent of 7-Eleven’s over 13,000 stores across the United […]
10/15/2024
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By Laura Harris
McDonald’s will likely revamp value meal as Bidenomics continues to strain the wallets of lower-income customers
Mcdonald’s Chief Executive Officer Chris Kempczinski has announced that the fast food giant will likely “revamp” its value meal as President Joe Biden’s economic program, also known as “Bidenomics,” continues to strain the wallets of lower-income customers. In July, McDonald’s reported a decline in same-store sales for the first time in nearly four years, a […]
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