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Finance
28 posts
Subway announces upcoming sale to Roark Capital
Subway, the popular sandwich chain, announced that it is set to be sold to Roark Capital, a private…
US inflation rises up to 3.2% in July
US headline inflation for July increased slightly compared to June, supporting the argument for the Federal Reserve to…
US GDP grew at a 2.4% pace in the second quarter
The U.S. economy showed signs of resilience in the second quarter as gross domestic product (GDP) grew at…
Fast fashion brand SHEIN accused of RICO violations
A lawsuit has been filed against online retailer Shein, accusing the company of engaging in “egregious” copyright infringement…
CPI report shows inflation rose just .2% in June
Inflation in the United States fell to its lowest annual rate in over two years in June, primarily…
AI Pentagon explosion image causes stock market dip
On Monday, a fake image depicting an explosion near the Pentagon was shared on Twitter by several verified…
Soros Fund Management cuts Tesla stake
Soros Fund Management, the family office of billionaire George Soros, has sold its stakes in electric vehicle makers…
What could happen if the US doesn’t extend the debt ceiling
The United States is facing the possibility of being unable to pay its bills due to a political…
The Federal Reserve is bankrupt
Recently, the American Institute for Economic Research (AIER) raised concerns about the financial position of the Federal Reserve…
Shareholders file class action lawsuit against Silicon Valley Bank parent company
Shareholders for the collapsed Silicon Valley Bank have filed a class action lawsuit against the bank’s parent company and its leaders over allegations that they did not disclose how interest rate increases could have an effect on business. The shareholders, led by Chandra Vanipenta, filed the lawsuit on Monday against SVB Financial Group, former CEO……
