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Economy

Red Lobster Rides the Wave: Staying Strong Amidst Bankruptcy Rumors

Despite filing for Chapter 11 bankruptcy, Red Lobster assured customers it is not closing and will emerge stronger…

ByByDennis Perez May 22, 2024

Batten Down the Hatches: Brace for Skyrocketing Home Insurance Costs During the Wild Hurricane Season

Echo Fine Properties CEO Jeff Lichtenstein discusses the surging homeowners insurance premiums in the U.S., especially in hurricane-prone…

ByByOlivia Wilson May 21, 2024

Bridge-busting Ship in Baltimore to Sail Again After Epic Rescue

Maryland Governor Wes Moore announced that the container ship responsible for the Francis Scott Key Bridge collapse will…

ByByLiam Brown May 20, 2024

Let’s Talk Mortgages: Rates Take a Dip to 7.02%

Mortgage rates dipped for the second week in a row but remain above 7%, reflecting the ongoing home…

ByByAarav Patel May 19, 2024
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Dollar Dominance Under Threat: 4 Key Challenges Facing the US Currency

A Brookings report highlights four key challenges to the U.S. dollar’s global dominance: sanctions, rising debt, improved payment…

ByByJuan Martinez Aug 26, 2024

US Tightens Export Controls: 123 Entities Added, China Reacts as Biden-Xi Meeting Looms

U.S. expands export controls, adding 123 entities to its list, including 42 from China. This move strains U.S.-China…

ByByJuan Martinez Aug 26, 2024