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News & Articles By Cassie B.
10/18/2024
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By Cassie B.
Desperate lab-grown meat industry claims it needs government subsidies to survive
Lab-grown meat is proving to be a spectacular failure, and producers are becoming so desperate that many are pushing for a public subsidy to stay afloat. Preliminary data from the venture capital firm AgFunder shows that funding in the lab meats sector fell by 78% in 2023 to reach $177 million, down from $807 million […]
10/14/2024
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By Cassie B.
Consumer Price Index rises more than expected as Americans pay more for everything amid ongoing inflation
The latest Consumer Price Index report has just been released, and it showed a higher rise than expected, marking the 52nd straight month of core consumer price rises on a month-over-month basis. The 2.4% increase recorded in September on an annual basis was slightly higher than the 2.3% that was forecast for the index, which […]
10/02/2024
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By Cassie B.
Major supply chain disruptions expected as half of American ocean shipping grinds to a halt due to dockworkers’ strike
The first widescale stoppage in U.S. ocean shipping in half a century is currently underway as dock workers on the East Coast and Gulf Coast started a strike on Tuesday following a breakdown in new labor contract negotiations. The affected ports are responsible for half of all American imports and billions of dollars in monthly […]
09/30/2024
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By Cassie B.
Gold and silver hit record highs amid geopolitical tensions and Fed rate cuts
As geopolitical tensions continue to heighten, gold and silver prices are surging, compounded by weak American economic data and potential rate cuts by the Federal Reserve. On Tuesday, gold hit a historic high of $2,657 dollars in a 1.1% gain on the day, before hitting another record high on Thursday of $2,685.58. So far this […]
08/23/2024
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By Cassie B.
TRUTH FINALLY EXPOSED: Biden’s economy revealed as completely fake as shocking jobs revision numbers are reluctantly released
The administration of President Joe Biden did its best to avoid admitting the truth, but it’s all out in the open now: They conveniently overestimated the number of new jobs in the United States during the past year by nearly a million. Although many economists have long suspected that the Biden administration was inflating the […]
08/09/2024
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By Cassie B.
Western brands take big financial hit in Muslim countries from boycotts over their ties to Israel
Several major Western food brands have been noting significant financial losses in Muslim countries in the wake of ongoing boycotts against companies that do business with Israel. Many consumers in countries such as Saudi Arabia, Egypt, Pakistan and Indonesia have been boycotting firms that they believe are supporting Israel as it commits genocide against the […]
08/06/2024
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By Cassie B.
New York City commercial real estate in trouble as major building sells at 97.5% discount
The pandemic marked a seismic shift in the way business is conducted, and while many companies discovered the cost savings and other benefits associated with remote working, commercial real estate is paying the price. As restrictions were lifted and life returned to normal, many businesses found that the new way of doing things worked far […]
08/06/2024
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By Cassie B.
Stock markets plunge around the world as fears over weak U.S. economy spark financial panic
Stock markets dropped around the world as worried investors reacted to the weakening U.S. economy with a global sell-off. Europe’s main stock indices dropped on Friday, with tech stocks in Europe hitting their lowest level in more than half a year. Germany’s DAX lost 2%, while France’s CAC 40 fell 1% and London’s FTSE dropped […]
07/31/2024
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By Cassie B.
Ukraine’s credit rating downgraded again by Fitch over $20 billion debt restructuring
The credit rating agency Fitch has downgraded Ukraine’s credit rating as the conflict with Russia continues, cautioning that a default is imminent. Fitch moved the country from a CC rating to C after they reached an agreement, at least in principle, with foreign investors for restructuring their $20 billion debt on Monday. Last week, Ukraine’s […]
07/25/2024
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By Cassie B.
Fortune 500 companies to incur more than $5 billion in losses from CrowdStrike outage – and that’s EXCLUDING Microsoft
The damage from the huge IT outage caused by CrowdStrike on machines running Microsoft software last week that brought air traffic to a standstill, left some hospitals unable to provide certain services, and rendered many businesses unable to operate is still being tallied, but the modeling and insurance services firm Parametrix has already come up […]
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