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News & Articles By Laura Harris
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 […]
12/06/2023
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By Laura Harris
Americans need to make $11,400 more today to maintain the same standard of living they had in 2021
A recent analysis reveals that Americans need an additional $11,434 annually to maintain the same standard of living they had in January 2021. According to a CBS News poll, the economic ripples from the inflation surge and ongoing inflation crisis that began in 2021 are still affecting American households. More Americans are facing financial challenges now than before the pandemic. Despite […]
12/05/2023
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By Laura Harris
Nearly 4,000 car dealers urge Biden to abandon “unrealistic” electric vehicle agenda amid plummeting sales
Nearly 4,000 car dealers from all over the United States have sent a letter to President Joe Biden, urging him to abandon his “unrealistic” green energy agenda involving the expansion of electric vehicle (EV) use due to the lower-than-expected sales and adoption. In the letter, car dealership heads and executives advised Biden to drop EV mandates and green […]
11/08/2023
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By Laura Harris
EVs on the verge of becoming UNINSURABLE due to HIGH COST of battery repairs
Electric vehicles (EVs) in the U.K. are on the verge of becoming uninsurable because of the high cost associated with fixing their batteries. Jonathan Hewett, CEO of the motor insurer-funded automotive research firm Thatcham Research, issued this warning. According to him, the lack of “insight and understanding” about the cost of repairing damaged EV batteries leads […]
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