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News & Articles By Laura Harris
06/26/2024
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By Laura Harris
RIGGED: Report finds alleged 2023 job gains in California and actual employment figures DO NOT MATCH
A newly published report from California’s Legislative Analyst’s Office (LAO) reveals that the state government’s claims of massive job growth in the Golden State are false. The LAO’s latest report, “Newest Early Jobs Revision Shows No Net Job Growth During 2023,” reveals a stark contrast between previously reported job gains and actual employment figures in its labor market. The […]
06/25/2024
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By Laura Harris
Rite Aid to CLOSE 27 more stores due to ongoing bankruptcy proceedings
Rite Aid, one of America’s largest drugstore chains, recently announced its plan to close 27 more stores due to ongoing bankruptcy proceedings. According to a “notice of additional closing stores” filed with the U.S. Bankruptcy Court of the District of New Jersey on June 17, Rite Aid closed 15 stores in Ohio and 12 in Michigan. This brought […]
06/20/2024
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By Laura Harris
EV startup Fisker files for bankruptcy after suspending production
Electric vehicle startup Fisker has filed for bankruptcy protections to sell its assets and restructure its debt after it suspended production. Earlier this year, the company’s founder, automotive designer Henrik Fisker, already expressed his doubts about the company’s ability to remain in business. The company’s failure to secure a crucial investment from Japanese automobile giant Nissan […]
06/20/2024
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By Laura Harris
America’s largest private bus company officially files for BANKRUPTCY
Coach USA, the operator of Megabus and two dozen other commuter bus lines in the United States and Canada, has officially filed for bankruptcy protection. According to the documents filed in bankruptcy court in Wilmington, Delaware on June 18, Coach USA, the largest privately owned bus company in the U.S., filed for Chapter 11 bankruptcy protection due to […]
06/13/2024
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By Laura Harris
RETAIL DECLINE: Walmart has shut down 9 stores so far this year
A retail analyst’s prediction eight years ago about the retail apocalypse turned out to be true, as Walmart recently announced the shuttering of nine “underperforming” stores in four states this year alone. The first two stores to close this year were in California, with the San Diego and El Cajon locations shutting their doors on Feb. 9. These were […]
05/28/2024
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By Laura Harris
6 Fast food companies increased their prices by 77.4% in 51 months, outpacing the 21.5% inflation rate over the same period
A recent report from The Street reveals that six American fast food companies have increased their prices by 77.4 percent in a span of 51 months, far outpacing the inflation rate over the same period. According to the Bureau of Labor Statistics inflation calculator, the overall inflation rate between December 2019 and March 2024 is about 21.5 percent. Over […]
05/20/2024
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By Laura Harris
Almost 50% of small businesses say they’re NOT going to survive a second Biden term
A new RedBalloon and PublicSquare report reveals that nearly half of small businesses in the United States believe they “definitely” or “probably” don’t stand a chance to survive another four years of Joe Biden presidency. The survey, which polled 80,000 small businesses, found that 22.4 percent of respondents think they definitely don’t stand a chance to survive another four years under the […]
05/17/2024
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By Laura Harris
Chinese EV hatchback threatening to disrupt U.S. auto sales with very low price and claims of efficiency
A Chinese electric hatchback car has ignited fears among American automakers and politicians as it makes itself more marketable to Americans while it carves a path through the global automotive industry. In 2023, Chinese electric car manufacturing giant BYD launched Seagull, a budget-friendly electric hatchback or city car billed as performing and having craftsmanship comparable to […]
05/05/2024
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By Laura Harris
POLL: 68% of Americans believe the U.S. is “out of control” under Biden
A recent YouGov/The Economist poll reveals that 68 percent of Americans believe that the United States has become “out of control” under the leadership of President Joe Biden. The poll, conducted among 1,755 Americans from April 28 to 30, asked the respondents how they perceive “things in this country these days.” Sixty-eight percent of respondents believe that the nation is […]
04/30/2024
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By Laura Harris
REPORT: 29% of Americans earn above the poverty line but still LESS than what they need to comfortably get by
Nearly 40 million families, or 29 percent of the total American population, are earning above the poverty line but less than what they need to get by. This is according to data from the nonprofit United Way, which described these 29 percent of Americans as falling in the category of ALICE, or Asset Limited, Income Constrained […]
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