Corporation for Public Broadcasting To Shut Down After 58 Years
Board of directors vote to dissolve organization after nearly 60 years in operation after funding cuts under Trump.
Business & Economy
Owners of RadioShack, Pier 1 Imports, and Other Brands Accused of Running $112 Million Ponzi Scheme
SEC alleges Alex Mehr and Tai Lopez, founders of the Miami-based Retail Ecommerce Ventures (REV), misled investors about struggling retail brands’ performance.
Trump Lets Bosses Grab $400 Billion in Worker Pay
By refusing to defend a ban on noncompete agreements in court, the Federal Trade Commission enables employers to suppress wages.
Analysis Shows Big Corporations Are Using Trump Trade Chaos as ‘Cover’ to Jack Up Prices
“While Trump’s tariffs continue to cause economic upheaval, corporations are exploiting the chaos and working families are left to foot the bill,” said one analyst.
In Memphis, Elon Musk Pilots a Corporate Takeover Strategy
In early June, the close personal relationship between Donald Trump and Elon Musk unraveled in spectacular fashion. But while Musk may have spun out of Trump’s immediate orbit, it would be optimistic to celebrate his ouster from government. He spent the first four months of Trump’s second presidency embedding his own enterprises into the functioning […]
This Lender Said Its Loans Would Help Tennesseans. It Has Sued More Than 110,000 of Them.
Advance Financial lobbied lawmakers to create the new Flex Loan to avoid federal consumer protection regulations. Since introducing the Flex Loan in 2015, Tennessee-based lender Advance Financial has filed over 110,000 lawsuits against its borrowers.
The Rise of ‘Ghost Jobs’: 1 in 5 Online Job Postings Aren’t Real or Never Filled, New Report Shows
Sixty-two percent of hiring personnel who posted ghost jobs said they wanted their employees to ‘feel replaceable,’ according to one survey.
Drug Commercials Aren’t Just Annoying — They Misinform Patients While Costing You Money
If you live in the United States, you’ve likely seen drug commercials like this one: “If you’re living with moderate to severe plaque psoriasis or active psoriatic arthritis, symptoms can Read More…
US Federal Debt Tops $36 Trillion as Dollar’s Decline, BRICS’ Rise Take Toll
US financial analysts and Wall Street bankers have warned for years about the long-term unsustainability of the federal government’s debt burden, with interest payments on the national debt close to topping $1 trillion in 2024 – more than any other spending obligation besides Social Security and Medicare.
America’s FTC Sues Insulin Middlemen Who ‘Artificially Inflated’ Drug Price
Friday America’s Federal Trade Commission brought action against three companies for “anticompetitive and unfair” practices “that have artificially inflated the list price of insulin.”
Thanks To The Cost Of Living Crisis, U.S. Household Debt Has Soared To The Highest Level Ever Recorded
Americans’ debt has surpassed $17 trillion for the first time, according to data from the Federal Reserve Bank of New York (NYFRB).
What’s Missing From Railroad Safety Data? Dead Workers and Severed Limbs.
Thanks to government loopholes, rail companies haven’t been scrutinized by the Federal Railroad Administration for scores of alleged worker injuries and at least two deaths.
Your Car Spies On You And Rats You Out To Insurance Companies
Even if you’re paying for the product, you’re still the product.
Boeing Whistleblower Dies by Suicide Amid Involvement in Lawsuit with Company
John Barnett, a whistleblower who had been involved in a lawsuit against Boeing, died of an apparent suicide, according to officials in South Carolina.
We Found That Landlords Could Be Using Algorithms to Fix Rent Prices. Now Lawmakers Want to Make the Practice Illegal.
After a ProPublica investigation, U.S. senators introduced a bill to curb “price fixing” linked to rent-setting software. “Setting prices with an algorithm is no different from doing it over cigars and whiskey in a private club,” said one sponsor.