Finance
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What does Drake, Samuel L. Jackson and Boston Red Sox Chairman Tom Werner all have in common? They all have a minority stake in Dave’s Hot Chicken, the fried-chicken chain. Drake will own less than 50% of the company, but will be among the biggest investors alongside Werner and Jackson. The company didn’t give further details […]
Well this here is a interesting news article came across, it’s reporting that a new proposal from the US Treasury Department would require banks to report all money being deposited & withdrawn to the IRS. This proposal comes from President Joe Biden’s $3.5 trillion dollar budget plan. The proposals would also require banks to report […]
Get ready for higher gas prices. Thanks to Hurricane Ida’s direct hit on the nation’s oil and gasoline industry. The price increase, will depend on the extent of the damage. The price of a gallon of regular gas stood at $3.15 Monday, according AAA, up only a fraction of a penny from the previous day’s average, […]
NBA Brooklyn Nets Star Kevin Durant and Weedmaps, just announced a multi-year agreement with KD’s investment company, Thirty Five Ventures, and his media company, Boardroom. Weedmaps, a leading technology platform for people and businesses who purchase and engage in cannabis. The partnerships goal is to deconstruct the negative stereotypes associated with cannabis. It also anticipates elevating […]
With the delta variant of the COVID-19 continuing to surge. Experts have predicted some school supplies could sell out of face masks. The Centers for Disease Control and Prevention updated its mask guidance on July 27th, recommending that people vaccinated for the coronavirus start wearing masks indoors again in areas with substantial or high transmission. That […]
According to Century Foundation, about 7.5 million workers on pandemic-era unemployment benefits will be cut off when extra benefits expire on September 6th. Critics of pandemic aid have say the benefits, have kept people from accepting new jobs that would jumpstart the economy. But, research also shows that financial assistance hasn’t kept people from taking […]
Congratulations to Rihanna, according to Forbes she is now worth $1.7 billion. Making her the wealthiest female musician in the world and second only to Oprah Winfrey as the richest female entertainer. The artist who’s real name Robyn Fenty, launched Fenty Beauty in 2017 and is the bulky of her fortune. Worth an estimated $1.4 billion. […]
The National Retail Federation predicts families will spend, on average, nearly $60 more on back-to-school shopping this year compared to last year. The demand for supplies, and inflation are affecting prices on everything from clothes to tech. Experts say it’s too early to tell whether there will be shortages of school supplies. They should have a better […]
According to a Florida judge the victims and families of the Florida condo collapse that killed nearly 100 people June 24 would receive $150 million to start. Miami-Dade Circuit Judge Michael Hanzman said at a hearing the amount would include $50 million in insurance money and at least $100 million from the sale of the […]
Are Teens the new Workforce Titans? According to the Associated Press, teenagers have become one of the largest segments of the working population. The reported say that in May, 33.2% of teens ages 16 to 19 were in the national workforce, the highest figure for teen workers since the Great Recession of 2008. As the […]
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