Business

In December 2023, consumer confidence in the United States experienced a notable drop, signaling increasing concerns about the nation’s economic future. According to the Conference Board, the consumer confidence index fell to 98.5, a sharp decline from 102.9 in November. This decrease indicates that Americans are becoming more uneasy about their financial situations, with inflation,

Golden State Review Contributor·December 6, 2023

In a highly anticipated vote, the U.S. House of Representatives decided to retain Congressman George Santos, despite ongoing allegations of fraud and financial misconduct. The motion to expel the embattled Republican lawmaker fell short of the required two-thirds majority, with 179 votes in favor and 213 votes against his removal. Santos, who represents New York’s

Golden State Review Contributor·November 14, 2023

In a landmark moment for the logistics industry, Amazon has officially overtaken UPS and FedEx to become the largest delivery service in the United States. This achievement marks a pivotal shift in the way goods are transported, reflecting Amazon’s ongoing push to reshape e-commerce and expand its operational reach beyond traditional retail. For years, Amazon

Golden State Review Contributor·October 25, 2023

First Lady Jill Biden has tested positive for COVID-19, prompting a temporary shift in her public engagements. The White House confirmed her diagnosis, assuring the public that all necessary health protocols are being followed to ensure her well-being and recovery. Following her diagnosis, Jill Biden is adhering to isolation guidelines and monitoring her symptoms closely.

Golden State Review Contributor·September 6, 2023

Consumer confidence in the United States has taken another hit in August 2023, marking the second consecutive month of decline. The Conference Board’s consumer sentiment index dropped to 102.9, down from 106 in July. This downward trend signals growing anxiety among Americans about the economy, particularly as inflation remains a persistent issue. Consumers are facing

Golden State Review Contributor·August 16, 2023

Bank of America has revealed a significant 9% increase in its quarterly dividend, raising it from 22 cents to 24 cents per share. This decision comes on the heels of the bank’s success in passing the Federal Reserve’s annual stress test, which gauges the financial health of large institutions under extreme economic scenarios. The raise

Golden State Review Contributor·July 11, 2023

In June 2023, President Joe Biden signed the Fiscal Responsibility Act into law, a crucial piece of legislation aimed at safeguarding the United States from a catastrophic debt default. This deal came after intense negotiations between the Biden administration and Republican lawmakers, ultimately offering a temporary solution to a critical issue that had overshadowed the

Golden State Review Contributor·June 14, 2023

In a landmark move aimed at reducing the financial burden of healthcare, the Biden administration has taken a significant step toward tackling the rising cost of prescription medications by announcing the first ten drugs selected for Medicare price negotiations. This action marks a pivotal moment in the ongoing effort to make medications more affordable for

Golden State Review Contributor·May 18, 2023

In April 2023, corporate bankruptcies in the United States surged to their highest level in over a decade, with 54 new filings recorded for the month. This brings the total number of bankruptcies to 236 for the year-to-date, reflecting a significant rise in financial distress among U.S. companies. Several factors are driving this uptick, including

Golden State Review Contributor·April 5, 2023

In a significant move to protect public health and the environment, the U.S. Environmental Protection Agency (EPA) has finalized a rule aimed at curbing nitrogen oxide (NOx) emissions from power plants and industrial facilities across 23 states. This new regulation is a central component of the EPA’s ongoing “Good Neighbor” initiative, which tackles the issue

Golden State Review Contributor·March 2, 2023