Business + Money

California Fast Food Workers to Earn $20 Per Hour; Execs Warn of Price Hikes

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An executive from a major fast food brand has spoken out against California’s recent minimum wage increase, slamming the decision and promising price hikes for food as a result. California Raises Minimum Wage for Some Workers For some fast food employees in the state of California, their paychecks are about to get a nice big … Read more

Who Will Become the First Trillionaire? Musk, Bezos, and Arnault Lead Wealth Race

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We’re used to hearing about billionaires and their lavish lifestyles, but get ready for a whole new level of wealth – the trillionaire. Oxfam’s Warning Oxfam, the charity organization fighting against poverty, says we might see the world’s first trillionaire within the next ten years. Billionaire’s Bonus in 2020 Between the years 2020 and 2021, … Read more

Survey Highlights Americans’ Struggle with Savings Shortfall

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Recent survey data highlighting the state of savings accounts in the United States reveals a concerning trend. With inflation on the rise and wages struggling to keep pace, American bank balances are in a dire state. The Alarming Reality of Savings In a survey conducted by GOBankingRates, the data shower an astonishing one third of … Read more

The Mounting Credit Debt Crisis: Americans Owe Over $1 Trillion

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The latest report from the Federal Reserve highlights a troubling trend: Americans are now grappling with over $1 trillion in credit debt. This staggering figure reflects a deepening financial crisis for many households across the nation. High-Interest Rates Exacerbate the Issue Bruce McClary of the National Foundation for Credit Counseling points out that credit card … Read more

Wealth Gap Widens: Billionaires See Surge While Lower-Income Americans Struggle

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As the global elite convene at the World Economic Forum (WEF) in Davos, a stark contrast emerges between the burgeoning wealth of billionaires and the financial struggles of the majority. This divide signals a critical examination of current economic systems and their impact on global wealth distribution. Surging Billionaire Wealth The world’s five wealthiest individuals … Read more

Breaking Down the Impact of the New Bitcoin ETF on Investors

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With the U.S. Securities and Exchange Commission’s recent approval of the first-ever spot bitcoin ETFs, the investment world is in a flurry of excitement. The development not only adds a new dimension to cryptocurrency investment, but also opens up broader opportunities for both individual and institutional investors. SEC Approves Bitcoin ETFs The SEC’s nod to … Read more

Economic Benefits of Immigration Explored

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America’s immigration debate is as old as the country itself, but the economic implications of welcoming new residents are often overshadowed by political rhetoric. Yet, the numbers tell a compelling story of contribution and growth. Entrepreneurship and Economic Growth Immigrants are not just workers; they are also innovators and entrepreneurs. Despite making up about 15% … Read more