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News & Articles By Cassie B.
07/27/2021
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By Cassie B.
Consumer goods giant Unilever raising prices on many popular products due to inflation
Economists have been warning that the economic crisis caused by the coronavirus pandemic would lead to soaring inflation, and now we are seeing some strong signs that it is setting in and consumers can expect to pay a lot more money for everyday items. Last week, the consumer goods giant Unilever admitted that inflation is […]
06/30/2021
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By Cassie B.
American Airlines cancels 500+ flights in 4 days due to labor shortages
American Airlines canceled more than 500 flights across a span of just four days as they deal with serious operational issues put in motion by the coronavirus pandemic. They’ve also been forced to reduce their July schedule by 1 percent. According to data from One Mile at A Time, the airline canceled 83 flights on […]
08/18/2020
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By Cassie B.
Most prolific taxpayers will now FLEE California as the state passes “wealth tax” targeting high income earners
A group of California state lawmakers have proposed a state wealth tax aimed at roughly 30,400 residents that they believe could raise $7.5 billion – but it could well have the opposite effect as the state’s wealthiest residents flee the state in droves. Under the proposal, the tax rate would be set at 0.4 percent […]
08/11/2020
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By Cassie B.
Most New York City restaurants won’t be able to pay their July rent, survey finds
The economic effects of the coronavirus crisis are being felt deeply in the New York City restaurant industry. July was just the latest in a string of disappointing months for the city’s restaurants, bars and clubs, and a new survey has found that most of these establishments will be unable to pay their rent for […]
08/01/2020
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By Cassie B.
UCSF medical school pays hackers $1.14 million in bitcoin to get stolen data back
The University of California San Francisco paid $1.14 million in bitcoin to hackers following a ransomware attack that took place earlier this month. The attack encrypted data on the university’s School of Medicine servers, rendering it inaccessible. The hackers initially demanded $3 million, but the university got them to agree to a lower amount through […]
07/16/2020
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By Cassie B.
Is the U.S. Treasury trying to END currency by taking change out of circulation?
Some U.S. retailers have stopped giving customers change because of what is being widely touted as a coin shortage, but many people fear that the Treasury is trying to use coronavirus as an excuse to ramp up the war on cash and end currency in favor of far more trackable electronic transactions. Kroger recently became […]
05/19/2020
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By Cassie B.
Layoffs strike The Economist as coronavirus continues to hit major media companies hard
It may not be too shocking to see sectors like tourism being hit so hard by the coronavirus pandemic, but its effects are being felt even in places you might not expect. It’s also having an effect on major media companies – even at a time when many people have plenty of time for media […]
05/19/2020
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By Cassie B.
Elon Musk under growing criticism from Left as he arrogantly puts workers’ lives in danger to protect profits
Elon Musk was once admired for his forward thinking and business acumen, but as more of his true personality shines through, he’s been amassing quite a collection of detractors. Although the Left often sided with him in past controversies, he’s now found himself losing their support as he unapologetically places his workers’ lives at risk […]
05/11/2020
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By Cassie B.
Record number of Americans out of work as coronavirus crisis continues to ravage the economy
In case there was any doubt just how seriously the coronavirus pandemic is hurting the economy, new data from the Bureau of Labor Statistics shows that the labor force participation rate in the U.S. sunk to a 47-year low of just 60.2 percent in April. The numbers are even more staggering when you consider that […]
04/09/2020
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By Cassie B.
U.S. headed for “unprecedented housing crisis” as mass evictions loom
The U.S. is on its way to what experts term an unprecedented housing crisis as a huge wave of evictions looms – and measures like temporary bans in some places aren’t going to help much in the long term. Princeton University’s Eviction Lab tracks eviction policies and trends at the state and federal levels, and […]
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