Business + Money

UPS is the latest in a string of employers making headlines for demanding their remote employees return to work in the office. They’ve also just announced that they’re cutting 12,000 jobs. UPS Announces Mass Layoffs International shipping giant UPS has announced a significant round of layoffs to come in 2024. The company says they plan … Read more

The complexity of tax documentation can overwhelm even the most diligent taxpayer. Fortunately, the IRS wants to simplify its communications to make life easier for millions. It has commenced a new initiative to make tax notices more accessible and understandable. The Taxpayer’s Burden The average American taxpayer faces a daunting challenge each year thanks to … Read more

Toyota has started a massive recall of over 50,000 vehicles in the U.S. due to airbags that could “explode and shoot sharp metal” at customers, and it’s not the first time. Urgent Warning from Toyota Toyota has issued an immediate do-not-drive advisory for specific vehicle models due to a defect in Takata airbags. Takata Airbags … Read more

A new report by the Washington think tank, the Urban Institute, has looked into the outcome of Texas’s groundbreaking guaranteed-basic-income experiment, which provided $1,000 a month to 135 low-income families for a year. The experiment aimed to help those in poverty by enhancing housing security and giving them the power to make better choices for … Read more

A McDonald’s spin-off restaurant called CosMc’s opened in one location to tap into a new market that McDonald’s has missed, and it drove three times more traffic than the original McDonald’s restaurant. CosMc’s Surges Ahead McDonald’s innovative CosMc’s spinoff, specializing in whacky drinks, is outpacing traditional Mickey D’s in attracting younger customers. A Beverage-Led Evolution … Read more

An interviewer standing outside a grocery store has revealed that he and his team struggled to find anyone with any optimism about the economy as food prices sore, stressing people are “really bummed out.” CBS Anchor Acknowledges Economic Concerns CBS anchor Tony Dokoupil revealed his team’s struggle to find anyone outside a New Hampshire grocery … Read more

The combination of the Lions’ playoff success, the hard work of small businesses, and even Taylor Swift fever have been the ingredients for success, raising Detroit’s economic value substantially in the last few months. Economic Implications of Lions’ Playoff Success The Detroit Lions’ recent playoff success and Taylor Swift fever are not only writing new … Read more

Major multinational corporation Bank of America has sent out warnings to employees who are still working from home after calls for mandatory office hours have been ignored by some. Bank Of America Put Their Foot Down During the height of the Covid-19 pandemic, millions of office workers around the world became accustomed to the convenience … Read more

Vermont is introducing a historic bill that would see a rise in tax payments from its wealthier residents in an attempt to fund issues brought on by the wide financial inequality in the state. Vermont’s Progressive Stance on Wealth Tax Vermont has introduced two bills aiming to impose wealth taxes on its wealthiest residents in … Read more

The controversial deal that could see a historical takeover of US Steel by Japanese-owned Nippon Steel has received even more backlash as it looks more likely that the deal would go ahead due to the risk to national security. Multinational Concerns Amidst Political Backlash Large multinational companies have expressed concern over the politicization of the … Read more