College degrees cost more than ever. But education insiders note the growing popularity of online programs, saying the cheaper alternatives could erase the need for students to rack up six figures of loan debt for tuition, room and board at residential campuses. Jason Altmire, who leads Career Education Colleges and Universities, a network of for-profit […]
Southwest Airlines announced Thursday it will reduce its workforce by 2,000 employees and cut service to four airports after posting a major loss to begin the year. CEO Bob Jordan said in an early morning news release on the company’s first-quarter results that it would adapt and seek growth to end the year and that […]
Purchasing a home, which has long been an integral part of the American Dream, continues to grow more and more out of reach for the majority of Americans, as home-buying costs just reached yet another record high. Hurray for Bidenomics! For young people like me, even renting has become […]
A new report said the Red Lobster seafood restaurant chain is considering a Chapter 11 bankruptcy filing. Under Chapter 11, a business can remain open while it reorganizes to deal with expenses such as debt that are putting a strain on profitability. Red Lobster’s object would be to exit some long-term contracts and renegotiate some […]
Even as gas prices were already skyrocketing, putting a bigger burden on Americans, President Joe Biden is now ramping up his war against oil by instituting an increase of 33 percent on gasoline production by raising government fees and other obligations, some for the first time in more than 60 years. As Americans suffer through […]
Thanks to the wonders of Bidenomics, the average American is spending over a thousand dollars extra a month. Fortunately, Biden is focused on important things — like funding jihad supporters in Gaza and paying off student loans with taxpayer money the government cannot spare. Fox Business highlighted the $1,069 […]
It was the Golden Age before the Years of Our COVID-19 Insanity that a 640-square-foot home on San Francisco’s Potrero Hill sold for an astounding $2 million in March of 2020. The price included broker fees, a demolition permit, and architectural plans to replace the shack with a four-level, two-unit building. Experts predicted that […]
LOS ANGELES — The average long-term U.S. mortgage rate fell slightly this week, welcome news for home shoppers facing rising prices and a stubbornly low inventory of properties on the market this spring homebuying season. The average rate on a 30-year mortgage slipped to 6.79% from 6.87% last week, mortgage buyer Freddie Mac said Thursday. […]
I don’t know that the millionaire CEO of a cereal company telling families struggling to buy groceries to just eat cereal for dinner was the best idea. From the reactions he is getting, I’m not alone in commenting on this crazy talk. The cost of food – buying groceries and eating out – is taking […]
Eating costs more in Biden’s America. The last time this much of your income went to buying groceries was 30 years ago. Inflation may be ebbing but food costs are not. Don’t look for relief any time soon. Restaurants and food companies are dealing with rising labor costs and the rising costs of some ingredients, […]
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