Walgreens plans to close a large number of stores in the United States.
Walgreens, the second-largest chain pharmacy in the United States, announced on Thursday its plans to close a “significant” number of…
economics
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Tax Increase does not Necessarily Mean Increase in Government Revenue
In the early 1980s, I had the privilege of meeting and conversing with the American economist Arthur Laffer twice. At…
New Jersey to See Increase in Insurance Premiums Due to Numerous Hurricanes This Year
Every year from June to November is hurricane season. The National Oceanic and Atmospheric Administration (NOAA) of the United States…
Intense Competition in China Leads to Toyota’s Global Production Decline in May
Toyota Motor Corporation announced on Thursday (June 27th) that its global production has declined for the fourth consecutive month. According…
Bidn Administration Proposes New Plan to Reduce Cost of Living Ahead of Presidential Debate.
Before the first debate with former President Trump, Biden’s Cabinet members concluded a two-week tour promoting the government’s economic achievements…
The Chinese Communist Party Rolls Out Another Major Housing Market Move – Analysis: People Aren’t Buying It
In a bid to reduce inventory, the Chinese Communist Party (CCP) has implemented various real estate policies, which are believed…
Chinese Elite University Graduates Have Higher Rates of Continuing Education; Analysis: Linked to High Unemployment Rate
Recent years have seen a rising trend among Chinese undergraduate students opting to pursue further education. The latest statistics show…
Japanese car companies’ sales in China all declined in May amid unbeatable pricing war
Japanese car manufacturers reported lower sales in China in May compared to the same period last year. Faced with the…
China’s industrial profit growth slows significantly in May, highlighting economic challenges.
According to official data released on Thursday (June 27) by the Chinese Communist Party (CCP), the growth rate of industrial…
Mainland Consumption Slump Leads to Closure of Physical Stores: Where Did People’s Money Go?
China’s economy continues to struggle, with weak consumer spending. Why do ordinary people lack money to spend? Mainland residents have…