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News & Articles By Laura Harris
01/16/2024
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By Laura Harris
Woke Pixar Animation Studios of Walt Disney to cut 20% of its workforce
Pixar Animation Studios, a subsidiary of Walt Disney, is set to cut 20 percent of its workforce as it wraps up production on some projects. Pixar, renowned for its iconic cinematic franchises such as “Toy Story,” “The Incredibles” and “Finding Nemo,” faced a slow start with the release of its movie “Elemental” in 2023. Disney, as a whole, has […]
01/16/2024
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By Laura Harris
Amazon’s popular livestreaming platform Twitch to cut 35% of workforce due to financial concerns and mounting losses
Popular Amazon-owned livestreaming platform Twitch is set to cut over 500 employees, or approximately 35 percent of its workforce, due to financial concerns and mounting losses. The livestreaming platform, which supports a staggering 1.8 billion hours of live video content per month, has intensified its focus on advertising in recent years. However, nine years after Amazon’s […]
01/11/2024
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By Laura Harris
Rasmussen poll: 45% of Americans financially WORSE OFF under Biden compared to a year ago
Forty-five percent of Americans – almost half – believe they are worse off financially under the Biden administration’s economic policies compared to a year ago, according to a recent Rasmussen Reports survey. The survey that was conducted just after the Christmas season polled 1,102 participants. It revealed that 45 percent feel financially strained compared to […]
12/19/2023
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By Laura Harris
America’s HOMELESS population surges to record-high 653,000 as IMMIGRATION CRISIS worsens under Biden
New federal data from the Department of Housing and Urban Development (HUD) reveals that the number of homeless people in the United States has reached an all-time high, with over 653,000 recorded cases this year. According to HUD, the data marks a 12 percent increase since 2022, posting both the biggest increase and the highest tally […]
12/14/2023
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By Laura Harris
Interest rate hikes caused 5.8 increase in Canada’s UNEMPLOYMENT rate, survey reveals
Interest rate hikes at Canada’s central bank prompted a 5.8 percent increase in the country’s unemployment rate, according to a survey. Statistics Canada released the results of the November labor force survey on Dec. 1. It found that the jobless rate inched slightly higher to 5.8 percent, a 0.1 percent increase from the 5.7 percent […]
12/13/2023
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By Laura Harris
Dual strike of writers and actors caused a 17% DROP in Hollywood workforce
Employment in the entertainment industry of the Greater Los Angeles area has experienced a 17 percent decline since the onset of the dual strike of the Writers Guild of America (WGA) and the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) This is according to a study conducted by the Otis College of Art […]
12/12/2023
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By Laura Harris
The traditional American Dream now costs a whopping $3.4 MILLION to achieve
The traditional American Dream – marked by milestones such as owning a home, marrying, raising children and retiring comfortably – now costs a whopping $3.4 million to fulfill, according to a new analysis. The analysis done by Investopedia, the first-ever calculated cost of the American Dream, was based on the assumed U.S. median income of […]
12/12/2023
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By Laura Harris
GREEDFLATION: Study finds corporate profiteering significantly boosted global prices in 2022
The massive price increases seen in 2022 appear to be the handiwork of companies looking for more profits at the expense of their customers, according to a study. The study by the Institute for Public Policy Research (IPPR) and Common Wealth think tanks looked at 1,350 companies listed on stock exchanges in the U.K., U.S., […]
12/08/2023
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By Laura Harris
Ford Motor Company scales down EV investments at Michigan plant due to declining demand and inflation pressures
The Ford Motor Company is scaling back its investment in electric vehicles (EVs) by reducing the production capacity of its battery factory in Marshall, Michigan and cutting 800 jobs. According to Ford spokesperson Mark Truby, the company initially planned to invest $3.5 billion in the factory, known as Blue Oval Battery Park, to produce 35 gigawatt […]
12/08/2023
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By Laura Harris
OPEC+ to implement voluntary oil production cuts in 2024, further strangling the global energy supply
After days of intense negotiations and delays caused by disputes over production baselines, the Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, have reached an agreement to implement voluntary oil production cuts. The meeting, originally scheduled to take place in person in Vienna, Austria from Nov. 25 to 26, was […]
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