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News & Articles By Cassie B.
11/19/2025
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By Cassie B.
Home Depot’s profit plunge signals a frozen economy and fearful consumers
Home Depot reports its third consecutive quarter of declining profits. The company is a key bellwether for U.S. consumer confidence and the housing market. Its CFO states customers are hesitating due to economic uncertainty. Fewer customers are visiting stores, indicating a pullback in spending. High mortgage rates and government tariffs are contributing to the pressure. […]
11/17/2025
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By Cassie B.
Corporate bankruptcies near 15-year high as economic stress triggers wave of failures
Corporate bankruptcies are accelerating toward a 15-year high. The industrials and consumer discretionary sectors are being hit hardest. High-profile company collapses signal a systemic financial problem. Experts warn the wave of bankruptcies will spread to other sectors. This corporate crisis represents immense human cost through lost jobs. The American economy is flashing red, and the […]
11/14/2025
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By Cassie B.
Foreclosure surge signals housing market distress as costs spiral out of control
Foreclosure filings surged in October for the eighth straight month. Lenders started the process on 20% more properties than last year. Bank repossessions saw a dramatic 32% annual increase. Soaring insurance and property taxes are creating a perfect storm for homeowners. Florida, South Carolina and Illinois are experiencing the highest foreclosure rates. A silent financial […]
11/12/2025
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By Cassie B.
Australian spy chief warns Chinese hackers are pre-positioning for sabotage
Australia’s intelligence chief warns Chinese state hackers are preparing for sabotage. Targets include critical water, energy, and telecommunications infrastructure. Hacking groups are pre-positioning in networks to disrupt services at will. The intent has escalated from espionage to potential destruction and chaos. The private sector is on the front line of this national security threat. We […]
11/10/2025
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By Cassie B.
Treasury secretary admits parts of U.S. economy are in recession, warns of pain for Americans
The Treasury Secretary admits parts of the economy are in recession. He blames Federal Reserve interest rates for creating distributional problems. A Federal Reserve Governor warns tight policy risks causing a full-blown recession. Deaths of despair have accelerated to triple the rate of the Great Depression. The government shutdown is actively harming economic growth. The […]
11/10/2025
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By Cassie B.
A $5 billion bet on a failing technology? Georgia’s new EV training center opens amid market turmoil
Ford is drastically cutting F-150 Lightning production jobs due to slow sales. Meanwhile, Hyundai is opening a major new EV training center in Georgia. The facility will prepare hundreds of workers for its adjacent EV plant. This investment contrasts with Ford’s reported $13 billion in EV losses. The move raises questions about betting on EVs […]
11/07/2025
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By Cassie B.
Ford considers killing F-150 Lightning after $13 billion in EV losses and dismal consumer demand
Ford may terminate its electric F-150 Lightning after massive losses. Sales of the electric truck are dramatically lower than its gas-powered counterpart. The vehicle’s high price and practical drawbacks like reduced range have hurt demand. Ford is now pivoting to develop a smaller, more affordable electric pickup. This signals a major setback for the large, […]
11/07/2025
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By Cassie B.
Tech layoffs surge to 33,281 in October as AI and economic fears trigger historic job cuts
U.S. employers announced 153,074 job cuts in October, the highest for that month in more than two decades. The technology sector is experiencing a brutal correction, with more than 33,000 layoffs in October. Corporate cost-cutting, AI adoption, and softening consumer spending are driving the historic downsizing. Laid-off workers are finding it harder to secure new […]
11/06/2025
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By Cassie B.
FAA to slash air traffic by 10% as unpaid controllers strain under government shutdown
The FAA will reduce national air traffic by 10% starting Friday. This unprecedented move is due to overworked and unpaid air traffic controllers. Staffing shortages have tripled at control facilities since the government shutdown. The reduction will cancel thousands of flights and strand hundreds of thousands of travelers. This is a proactive safety measure to […]
11/05/2025
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By Cassie B.
U.S. may close parts of airspace as government shutdown forces controllers to work without pay
Air traffic controllers are working without pay due to a government shutdown. The shutdown has caused thousands of flight delays and cancellations. Officials warn parts of U.S. airspace may close if the shutdown continues. Airlines and travel groups are pleading with Congress to resolve the standoff. Safety officials admit the risk in the aviation system […]
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