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economics

  • economics

Red Lobster to Close 87 Restaurants in 27 US States: Full List Compiled

Nick LiMay 15, 20244 mins

Seafood chain restaurant Red Lobster’s official website showed on Tuesday (May 14) that it will temporarily close 87 restaurants in…

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  • economics

McDonald’s to End Free Drink Refills, More Fast Food Restaurants Likely to Follow Suit

John UtMay 15, 20243 mins

After 20 years of self-service beverage machines at McDonald’s, the days of free refills for customers are now numbered. According…

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  • economics

US Consumer Spending Growth Falls Short of Expectations, Over 3,000 Physical Stores to Close This Year

Nick LiMay 15, 20245 mins

Recent analysis shows that the continuous rise in prices has made Americans less willing to spend, coupled with a series…

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  • economics

California oil prices may soar nearly 50 cents due to climate compensation goals

Erin DohertyMay 15, 20245 mins

California drivers have long been burdened with high gasoline prices. According to data from the American Automobile Association (AAA), on…

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  • economics

California Governor Plans to Reduce Prison Beds, Release of Prisoners Sparks Controversy

Erin DohertyMay 15, 20246 mins

The current security red light in California has brought unbearable suffering to the residents and business owners. Governor Gavin Newsom’s…

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  • economics

“Whitelist” ineffective? Chinese real estate companies face debt defaults again in May

Jesse HanMay 15, 2024May 15, 20247 mins

On May 14th, Chinese developer Country Garden announced a debt default, marking the second Chinese real estate company to default…

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  • economics

Honda’s Sales Decline, 1,700 Chinese Employees Voluntarily Resign

Nick LiMay 15, 2024May 15, 20244 mins

According to Nikkei News, due to declining sales, Honda is reducing its full-time production workforce in China. Approximately 1,700 employees…

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  • economics

Chinese Homebuyers Share Their Feelings: “Feeling Deceived All the Time”

John UtMay 15, 2024May 15, 20246 mins

The Chinese real estate crisis has led to a large number of unfinished buildings, leaving buyers in distress. In Tianjin,…

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  • economics

Yang Wei: Biden gives CCP a “new catalyst”

David SessionsMay 15, 2024May 15, 202416 mins

On May 14th, the White House announced new tariffs on Chinese imports, targeting key sectors such as electric vehicles, lithium…

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  • economics

Struggling with “White List” Program, the CCP Faces Challenges in the Real Estate Industry.

Tomikazu WatanabeMay 15, 2024May 15, 20245 mins

China’s real estate industry is in distress, prompting the Chinese Communist authorities to roll out a series of measures in…

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