Economics
The Container Store, a well-known storage and organizational brand, has recently filed for Chapter 11 bankruptcy, joining other major retail chains such as Party City, Big Lots, True Value, and Rite Aid in making similar decisions amid challenging market conditions. With a workforce of 102 stores across the country, The…
The Biden-Harris administration has officially extended South Africa’s eligibility for trade benefits under the Africa Growth and Opportunity Act (AGOA) until the end of the next fiscal year. This decision has sparked concern among observers in South Africa, particularly in light of the country’s outspoken support for the Palestinian cause…
The article discusses the optimistic economic outlook for the United States following the recent elections, specifically highlighting the potential for an economic boom driven by a renewed spirit of enterprise. It reflects on President-elect Donald Trump’s possible acquisition of Greenland, which is proposed as a strategic move to tap into…
Congress Approves Its Own Pay Increase: Johnson Pushes Through Controversial Funding Bill Loaded with Pet Projects
Speaker Mike Johnson’s recent introduction of a sprawling 1,547-page government funding bill has sparked significant unrest among Republicans, especially as the looming shutdown deadline approaches. This bill, known as a continuing resolution (CR), secures federal funding through March 14 but has drawn the ire of House conservatives for including a…
In a revealing disclosure, the Chinese Communist Party’s journal Qiushi recently published Xi Jinping’s previously unexamined remarks from November regarding his ongoing anti-corruption campaigns. In an unexpected twist, Xi articulated a broader aim, expressing that his intent extends beyond merely combating corruption. His vision is to maintain a dynamic and…
On Tuesday night, a comprehensive 1,547-page continuing resolution (CR) was unveiled, shortly before a looming government shutdown. Notably, the CR removes a crucial provision that has been in place since 2009, which prevented automatic pay raises for members of Congress. This alteration means that members of the House and Senate…
In a recent Chicago city council meeting, public sentiment erupted against Mayor Brandon Johnson’s proposed budget for 2025, which includes a significant allocation of funds for migrants. The tension escalated to the point where officials decided to recess the meeting, aiming to clear the hall of protesting citizens. Reports indicate…
As President-Elect Donald Trump finalizes plans to deport a significant portion of the illegal immigrant population, industries reliant on immigrant labor, particularly meatpacking, are bracing for substantial changes. Reports indicate that up to 50% of the workforce in this sector is undocumented, raising concerns among industry stakeholders about potential labor…
Peter Navarro: Trump’s Tariffs Won’t Cause Inflation Spike, Just Like During His First Term
In the lead-up to President-Elect Donald Trump’s anticipated tariffs set to take effect next year, incoming trade advisor Peter Navarro has expressed confidence that these measures will not trigger inflation. Speaking to CNBC, Navarro referenced the previous administration’s imposition of significant tariffs on various imports from China, including steel and…
In a high-stakes move just hours before a crucial vote, House leaders unveiled a lengthy 1,547-page continuing resolution (CR) aimed at preventing a government shutdown. This bill, packed with substantial additional funding—potentially amounting to tens of billions of dollars—was released on the House website late Tuesday night. The urgency of…
Over the past four years, the economic narrative surrounding inflation has often been framed around the claims of effective management under President Joe Biden. However, recent reports have revealed stark increases in key food prices, including a staggering 55% hike in wholesale prices for chicken eggs and a 3.1% rise…
When it comes to storing precious metals, there are various options to consider, each with its own pros and cons. While home storage may seem like a straightforward choice for some investors, secure depository storage offers advantages that might not be immediately apparent. The decision to store bullion in a…
Exclusive: Merrick Garland Under Scrutiny as Congressional Investigation into Crescent Dunes Solar Scandal Deepens
Attorney General Merrick Garland is facing scrutiny from congressional Republicans regarding the Department of Justice’s (DOJ) recent intervention in a False Claims Act lawsuit connected to the Crescent Dunes solar energy plant in Nevada. The facility, originally established during the Obama administration, has been under investigation for alleged fraudulent claims…
Walmart has initiated a pilot program involving body cameras for some of its employees as a means to bolster their safety, particularly amidst rising concerns regarding shoplifting and aggressive customer interactions. As reported by CNBC, the specific number of participating stores, especially during the bustling Christmas season, remains unclear. Signs…
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The Container Store, a well-known storage and organizational brand, has recently filed for Chapter 11 bankruptcy, joining other major retail chains such as Party City, Big Lots, True Value, and Rite Aid in making similar decisions amid challenging market conditions. With a workforce of 102 stores across the country, The…
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