benefits
Bernie Sanders’ New Bill Would Allow Americans To Work Only 32 Hours A Week
Socialist Senator Bernie Sanders introduced a bill on Wednesday that would establish a standard four-day workweek in the United States without reduction in pay.
Billions
Dollar Tree And Family Dollar Announces Closure Of Nearly 1,000 Stores
The retail store Dollar Tree has announced that they are closing almost 1,000 stores across the United States between its namesake general discount stores and subsidiary chain, Family Dollar.
2024 campaign
HUD Secretary Marcia Fudge To Step Down, Becoming Second Under Biden Administration
Another Biden administration official has officially announced they are stepping down.
Carriers
JetBlue, Spirit Agree To Terminate $3.8B Merger Over Regulatory Issues
Low-cost carriers JetBlue and Spirit Airlines agreed to terminate their $3.8 billion merger agreement on Monday, weeks after a federal judge blocked the deal on anti-competition hurdles.
Closures
Macy’s Closing 150 Stores By 2026, Pivoting To Luxury Sales
Macy’s plans to close almost 150 locations nationwide in order to move towards leaning more heavily on its luxury Bloomingdale’s and Bluemercury chains.
Borrowed
Biden Cancels Another $1.2B In Student Loan Debt
The Biden administration has announced they are canceling another $1.2 billion in student loan debt for over 150,000 borrowers, six months ahead of schedule.
Capital One
Report: Capital One To Acquire Discover Financial Services
Credit card issuer and Warren Buffet-backed consumer bank Capital one, will acquire the credit card lender Discover Financial Services, according to The Wall Street Journal.
Alicia Summers
Inflation Readings Come in Hotter-Than-Expected
Producer prices came in higher than expected today, so did the consumers prices earlier this week. Producer prices show what producers pay to make goods, which ultimately affects consumers.
Assets
JPMorgan And State Street Quit UN Climate Alliance As BlackRock Pulls Out
Two of the world’s biggest asset managers are quitting a United Nations climate alliance group as BlackRock scales back.