U.S. inflation slows slightly in April, rising 3.4% year-on-year
The U.S. Department of Labor released a report on Wednesday (May 15th) showing that inflation slowed slightly in April. The…
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Mainland Durian Prices Slashed, June Selling Prices Expected to Continue Declining
On May 14th, the news that “durian price dropped by half compared to last month” became a hot topic, sparking…
Rising Public Utility Fees in China: Experts Say Family Expenses Will Increase
In recent times, utility fees in mainland China have seen a significant increase. According to economists, local governments in China…
Foreigners entering China only 30% of pre-pandemic levels
Amid concerns about the growth potential of the Chinese economy facing significant challenges, data from the Chinese Ministry of Culture…
Mainland Listed Banks’ Net Interest Income Sees Negative Growth for the First Time in 2017
On May 14th, a report released by Ernst & Young (EY), the multinational professional service firm headquartered in London, revealed…
Red Lobster to Close 87 Restaurants in 27 US States: Full List Compiled
Seafood chain restaurant Red Lobster’s official website showed on Tuesday (May 14) that it will temporarily close 87 restaurants in…
McDonald’s to End Free Drink Refills, More Fast Food Restaurants Likely to Follow Suit
After 20 years of self-service beverage machines at McDonald’s, the days of free refills for customers are now numbered. According…
US Consumer Spending Growth Falls Short of Expectations, Over 3,000 Physical Stores to Close This Year
Recent analysis shows that the continuous rise in prices has made Americans less willing to spend, coupled with a series…
California oil prices may soar nearly 50 cents due to climate compensation goals
California drivers have long been burdened with high gasoline prices. According to data from the American Automobile Association (AAA), on…
California Governor Plans to Reduce Prison Beds, Release of Prisoners Sparks Controversy
The current security red light in California has brought unbearable suffering to the residents and business owners. Governor Gavin Newsom’s…