The U.S second-quarter gross domestic product (GDP) shrinks at a record 32.9% on an annualized basis. The April from June decline is the sharpest contraction in modern American history. Personal consumption, net exports, investment, and spending by state and local...
Wal-Mart announced nearly half-billion-dollar spending on bonuses for its workers, including Sam’s club, managers, and temporary associates. Full-time and part-time employees will get $300 and $150, respectively. The world most dominant retailer also said that they would be close on...
Credit cards minimum payments are low to keep you in debt, entice you to spend, and for the credit companies to continue earning blockbuster profits. In 2019, the country’s largest banks, including JPMorgan Chase, Goldman Sachs, and Bank of America,...
The presumptive Democratic candidate Joe Biden called for an end of the era of shareholder capitalism last week. He said, “I’ll be laser-focused on working families, the middle-class families I came from here in Scranton. Not the wealthy investor class....