Following the historic regulation recently imposed in California, which granted a $20 minimum wage for all fast food workers, advocate groups are now pushing for further wage increases – this time targeting all of California’s working residents. Extending California’s $20 Minimum Wage Wage advocate group One Fair Wage is pushing lawmakers to extend California’s new […]
Author: Joe Lysikatos
Massive Store Shutdowns Add to U.S. Brands’ Retail Woes
Stores across the U.S. are closing at unprecedented levels, according to new research from advisory firm Coresight Research. Read on for more information about the impact this could have on you and your communities. Store Closures Sweep Across the U.S. Last year, U.S. retailers shut stores across the country. Impact on Various Sectors From clothing […]
See If You Qualify: Walmart Might Owe You $500
If you’re one of the hundreds of millions who shop at Walmart every week, you may be entitled to a rather large chunk of money following the results of a $45 million class-action settlement. Here are the details. Walmart’s $45 Million Settlement Any Walmart customers who bought certain types of food from any of their […]
Shutdowns and Layoffs Leave Illinois Factories and 1000 Workers Struggling
While the job market seems to be in relatively good shape, some states are feeling the burn – Illinois being one of them. Here’s the full story. Factories in Crisis In the last three months, factories in Illinois have been struggling. Layoffs and Shutdowns There have been a lot of layoffs, and in total, four […]
Fed Chair Points to Interest Rate Reductions Despite Inflation Concerns
In a recent interview, Federal Reserve Chair Jerome Powell affirmed the central bank’s commitment to a series of interest rate cuts this year. Powell’s statements, featured on “60 Minutes,” shed light on the Federal Reserve’s strategy amid a backdrop of a healthy economy and a slowing inflation rate. Federal Reserve’s Rate Cut Projection In December, […]
Geothermal Investment of $60 Million Signals Clean Energy Breakthrough
The Biden Administration has unveiled a next-level funding investment into renewable green energy that they say could provide infinite energy. Let’s take a look at their plans. Biden Administration’s Push for Net Zero President Biden and the department of energy (DOE) have announced a big move toward shifting to net zero, with a $60 million […]
U.S. Debt Surpasses $34 Trillion Mark, Experts Highlight Severe Economic Risks
Prominent economists have issued a dire warning about the state of America’s debt if left unchecked. Here’s the full story. National Debt’s Dire Trajectory The Government is amassing too much debt, according to experts from the Federal Reserve, JPMorgan Chase, Bank of America, and Blackrock – to name but a few. The Economic Toll of […]
Hospitals Under Fire for Allegedly Billing Patients Billions in Secret Fees
According to consumer advocates, hospitals overcharge patients billions of dollars every year. Senior Republican Bill Cassidy has urged President Joe Biden to act on this news and give American citizens peace of mind. Here’s the full story. Unveiling Hospital Overcharges American hospitals are making billions from overcharging patients. Hidden Charges They rack up bills by […]
Leaders of Boston Churches Call for $15 Billion Reparations from White Churches
$15 billion in reparations. That’s the amount that Boston Church Leaders have demanded from “white churches” as compensation for their involvement in the slave trade. This has caused anger from certain factions, but many are urging the city churches to pay up. Here’s the full story. Demand for Reparations “Black people, the descendants of slavery, […]
Republicans Suggest Raising Retirement Age to 69, Restructuring Medicare
House Republicans are once again gunning for social security and Medicare payments. This time, they’re promising to raise the retirement age and restructure how medicare works – a plan that some Republicans aren’t on board with. Let’s take a look in more detail. Republican Study Committee’s Budget Unveiled Last week, the Republican Study Committee (RSC) […]