News
Sale Counterfeit Products Reaches $2 Trillion Globally
The global sale of counterfeit goods is above $2 trillion according to data from the United States Patent and Trademark...
Regulators Fine JP Morgan Chase $200 million for WhatsApp’ing
JP Morgan Chase agreed to pay $125 million to the Securities Exchange Commission and $75 million to the Commodity Futures...
COVID Catalyzes Migration to Texas
Though Texas has been a magnet for migration over the past decade due to plentiful job opportunities, an accommodative business...
Former McDonald’s CEO Loses $105 Million over Office Affairs
Former McDonald’s CEO Stephen Easterbrook has $150 million of compensation clawed back after allegations that he lied and committed fraud...
Fed to Slow Down Asset Buying
The US Federal Reserve has signaled it is taking inflation seriously by reducing its monthly spending on government bonds a...
Biden Raises Debt Ceiling
President Joe Biden signed a bill raising the debt limit of the United States by 2.5 trillion, thereby allowing the...
US Keeps Pressure on Chinese Companies
The US Department of Commerce placed 34 Chinese entities on its list of organizations potentially involved in activities contrary to...
Bank Sector Continues to Consolidate: St. Louis Fed
The number of banks in the United States decreased by 70% from 14,496 to 4,377 between 1984 and 2020, according...
KPMG: VC investment reaches record $171 billion in 3Q21
Global venture capital investment reached a record high of $171 billion in 3Q21 up from $93 billion in 3Q20. “3Q21...
Americans Favor Suburbs Post-Pandemic
The proportion of Americans preferring to live in cities declined from 23% to 19% between 2018 and 2021, according to...
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