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

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

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

Oregon Tightens Laws on Hard Drug Possession

Oregon Governor Tina Kotek has signed House Bill 4002, which will reclassify hard drug possession as a misdemeanor and establish new policies in order to address the state’s worsening addiction and overdose rates. Reintroducing Penalties Oregon Governor Tina Kotek just signed House Bill 4002, which reintroduces criminal penalties for the possession of hard drugs like … Read more

Survey Highlights Americans’ Struggle with Savings Shortfall

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

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

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