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News & Articles By Belle Carter
08/30/2023
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By Belle Carter
Unhappy comeback: Embattled Chinese real estate giant Evergrande crashes again by 87% after 17-month suspension
The shares of the bankrupt former Chinese property giant Evergrande plunged 79 percent on Monday, its first trading day following a suspension of more than 17 months, which it used to try to restructure its offshore debt. The stock of the embattled real estate developer Evergrande Group, which trades in Hong Kong under what was supposed […]
08/29/2023
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By Belle Carter
Watchdog study: Biden’s food stamp expansion caused 15% SURGE in grocery prices
The Biden administration’s massive and unlawful $1 trillion expansion of food stamp benefits has possibly caused a 15 percent increase in grocery prices instead of stopping hunger, a government watchdog study indicated. The U.S. Department of Agriculture (USDA) reportedly rolled out the revised nutritional standards for the Supplemental Nutrition Assistance Program (SNAP) in 2021 and expanded the program […]
08/28/2023
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By Belle Carter
Former colleague’s inside story: Disgraced Sam Bankman-Fried intended to build vaccine factory in the Bahamas
A former engineer at crypto trading firm Alameda Research, which was co-founded by the fallen entrepreneur Sam Bankman-Fried, disclosed the former billionaire’s massively “ambitious” vision and larger-than-life aspirations for the future. “He didn’t just want to build a company. He wanted to build a machine, a growing sphere of influence that could break past the […]
08/27/2023
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By Belle Carter
BAD NEWS for home buyers: U.S. house mortgage rates SKYROCKET to HIGHEST level in two decades
There is bad news for anyone looking to buy a home in the near future. The Mortgage Bankers Association (MBA) recently reported that mortgage rates in America surged to their highest level since late 2000 last week. The 30-year fixed mortgage rate increased 15 basis points to 7.31 percent in the week ended Aug. 18. […]
08/21/2023
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By Belle Carter
INFLATION WOES: Millennials crumble, turn to social media to air frustration over soaring cost of living
As the soaring cost of living continues to plague and hunt the lives of Americans and Canadians from all walks of life as well as people from all around the world, they resort to social media to vent out and air their frustrations. Millennials and Gen Z are the main target market of these platforms. […]
08/15/2023
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By Belle Carter
PROGRESS: Corporate “wokeism” backlash drives S&P Global to dump ESG metrics in credit quality assessments
American publicly traded corporation Standard & Poor (S&P) Global recently announced the dropping of its credit rating agency’s use of environmental, social, and governance (ESG) scores in assessing corporate borrowers. This is its response to the massive backlash on this metric’s link to the global “woke” agendas being pushed across the United States. According to […]
08/09/2023
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By Belle Carter
Glitch? Wells Fargo bashed by bank account holders over missing deposits
The multinational financial services company Wells Fargo was mentioned and tagged in several posts on a microblogging social media platform last week because customers were enraged over missing deposits from their bank accounts. Said clients contacted the bank via Twitter, now officially branded as ‘X,’ claiming they could not access money that they deposited into […]
08/07/2023
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By Belle Carter
Bud Light’s parent company loses $390M after Dylan Mulvaney ad controversy
Bud Light’s parent company AB InBev is beginning to feel the results of the “woke” marketing fiasco it recently dealt with. In its second-quarter earnings report, AB InBev reported a 10.5 percent drop in revenue for its U.S. market and a 28.2 percent drop in core profit. Overall, it lost approximately $390 million last year. […]
07/27/2023
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By Belle Carter
Powell insists 2% target inflation is still distant so Fed raises interest rates again to highest level in 22 years
President Joe Biden’s administration has been claiming that inflation has been cooling over the past quarters, but prices for basic commodities and services are still unrelentingly incapacitating Americans from living comfortably – not to mention other factors that continue to challenge people such as underemployment and unemployment rates. As if this is not enough, Federal Reserve Chairman […]
07/27/2023
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By Belle Carter
Harbinger of digital financial slavery: Fed launches real-time payments service to sucker-punch private sector purchasing system
The Federal Reserve has recently launched its move to modernize the U.S. payment system with the “FedNow” service that would allow Americans to send and receive funds in seconds, 24 hours a day, seven days a week. The Fed claimed that the said service, which has been worked on since 2019, will take out the […]
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