Californian cities are experiencing higher gas prices than any other state in the country, driven by the State’s commitment to cleaner fuels. But this dedication comes at a cost, and consumers are paying the price. California’s Gas Price Challenge With an average gas price of $4.49, California surpasses the national average of $3.10. But what […]
Author: Oscar Davies
Big Mac Prices Up: What’s the New Cost?
In a McDonald’s restaurant in Connecticut, the affordable fast-food restaurant proved to be anything but as their menu was revealed to contain a Big Mac Combo for $18 and a $19 Quarter Pounder meal, among other shocking deals. The Big Mac Debate in Darien, Connecticut There’s been an outrage from the internet over a pricey […]
Rent Surges, Luxury Homes Rise: The Divide Grows
Despite some improvements in the rising housing market, a report suggests that those with a less affordable income will suffer the worst of it. Here are the reasons why. A Widespread Affordability Crisis Rental affordability in the U.S. has become worse than ever, affecting both high and low-income tenants. Record Numbers Struggling The Harvard Joint […]
$78B Tax Deal by House Republicans Approved Amidst Party Conflicts
The House Republicans’ push for a $78 billion tax deal, including business incentives and an expanded child tax credit, has now been approved by the White House and the Ways and Means Committee. The crucial House floor vote is set after bipartisan approval in the House Ways and Means Committee. GOP Dilemmas Speaker Mike Johnson […]
Border Crisis: Americans Saddled with $451 Billion Debt
A report has revealed just how much of a burden the Southern Border crisis is on the American taxpayer, claiming that $451 billion is spent annually on different sectors due to the influx. The Southern Border Crisis A Republican-led investigation has revealed that the cost of the southern border crisis on American taxpayers is around […]
Top Football Club Owner in Hot Water: Could Serve 45-Year Term
British billionaire Joe Lewis has pleaded guilty to US courts for securities fraud and conspiracy to commit securities fraud, facing a potential 45-year prison sentence. What impact will this have on his US and UK businesses? Scandal Hits British Billionaire Joe Lewis Joe Lewis, the billionaire majority shareholder of Premier League football club Tottenham Hotspur, […]
Vermont’s Wealth Tax Aims to Bridge Financial Inequality Gap
Vermont is introducing a historic bill that would see a rise in tax payments from its wealthier residents in an attempt to fund issues brought on by the wide financial inequality in the state. Vermont’s Progressive Stance on Wealth Tax Vermont has introduced two bills aiming to impose wealth taxes on its wealthiest residents in […]
Craft Beer Crisis: Gen Z Shifts to ‘Instagramable’ Cocktails
There has been a serious crisis for craft beer breweries over the last five years as Gen Z prefers mocktails and cocktails, resulting in huge financial losses for companies, including Guanella Pass. Brewing Industry Shock Guanella Pass Brewing has joined a long list of craft beer companies by filing for Chapter 11 bankruptcy. Financial Struggles […]
Universal Takes Action: Taylor Swift Pulled from TikTok Over AI Music
Universal Music Group, holder of the rights to Taylor Swift, is calling time on TikTok, removing its huge artist catalog from the app due to lack of compensation and AI concerns. Universal Music Group’s Ultimatum Universal Music Group hit out at the Chinese social media app TikTok, warning it would remove its extensive music catalog […]
Labor Market Paradox: Layoffs Abound Despite Job Market Booming
January 2024 witnessed a staggering 136% increase in job cuts compared to December, with U.S. companies announcing over 82,300 layoffs. Labor Market Lows Unemployment in the U.S. has reached historic lows, so why are so many corporations still cutting jobs? Almost Record-Breaking Layoffs This huge increase in layoffs is the second-largest total of job losses […]