In a recent video statement, United Auto Workers President Shawn Fain launched a scathing attack on Stellantis CEO Carlos Tavares. Fain accused Tavares of engaging in price gouging practices that harm consumers and criticized the CEO for failing to uphold certain aspects of the labor contract with the automaker. These accusations come in the wake
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The recent resignation of Nemat “Minouche” Shafik, the president of Columbia University, has sparked debates and discussions on campus. Shafik stepped down from her position after facing months of criticism and protests over the war in Gaza. This decision came after only a little more than a year into her role, leaving many questioning the
The recent inflation report released by the Labor Department indicates a rise in inflation as expected in July. The consumer price index (CPI) increased by 0.2% for the month, bringing the 12-month inflation rate to 2.9%. This rise in inflation is primarily driven by higher housing-related costs, with a 0.4% increase in shelter costs responsible
The Free Application for Federal Student Aid, commonly known as FAFSA, has been experiencing a series of setbacks and challenges that have affected college students across the country. The initial rollout of the application was described as disastrous and has led to significant delays in awarding financial aid to students for the fall semester. The
Recent findings from the New York Federal Reserve reveal that consumers are increasingly confident in the downward trajectory of inflation rates. While respondents anticipate elevated inflation levels in the upcoming year, there is a growing belief that prices will stabilize and even decline in the years to follow. Notably, the three-year inflation outlook reached a
Former President Donald Trump made baseless claims over social media, falsely accusing Vice President Kamala Harris of fabricating images of crowd sizes at her rallies using AI technology. Trump alleged that there was no one at the airport to greet Harris, and the image of a large crowd was digitally altered to create an illusion
Barbara Res, the Trump Organization’s former executive vice president of construction and development, has come forward to dispute former President Donald Trump’s account of a helicopter ride that had to make an emergency landing in the 1990s. Res mentioned that the incident occurred while they were working on a major project in California involving local
Senator Elizabeth Warren from Massachusetts has recently expressed concerns about Tesla CEO Elon Musk’s potential conflicts of interest. In a 10-page letter to Tesla Chairwoman Robyn Denholm, Warren questions whether the Tesla board has properly investigated Musk’s use of company resources for his other ventures, including SpaceX, Neuralink, and The Boring Co. Warren, who sits
The Federal Reserve Bank of New York recently reported that Americans currently owe a staggering $1.14 trillion in credit card debt. This represents a significant increase from previous years, with the average balance per consumer now standing at $6,329. The data also indicates a 4.8% year-over-year growth in credit card balances, highlighting a concerning trend
If Vice President Kamala Harris were to become the president, Maryland’s Democratic Gov. Wes Moore believes that she would prioritize small business growth and promote large industry competition as part of her antitrust and regulatory policy. According to Moore, Harris is likely to support initiatives that make it easier for small businesses to thrive while