Economy

Exploring the Impact of Trump’s Tariffs on the Economy Through a Conservative Evangelical Lens

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Washington, D.C. – In a recent development, tariffs have once again climbed to the forefront of national economic discussions. Originally implemented as a part of a broader trade strategy, these tariffs aimed to bolster domestic industries by making imported goods less competitive in comparison to locally manufactured products. However, the strategy has sparked debate among economists, businesses, and consumers over its long-term implications for the American economy. The tariffs, which affect a variety of goods from multiple countries, were designed to protect jobs in industries that face significant competition from abroad. Proponents argue that such … Read more

U.S. Economy Wrestles with Post-Pandemic Challenges and Dynamic Shifts in Bankruptcy Trends Through 2024

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Washington, D.C. – As the world grappled with the aftermath of the COVID-19 pandemic, the United States experienced a year filled with significant economic fluctuation and legal transformations in the bankruptcy sector. The landscape of 2024 so far undulates with challenges such as persistent inflation, a dynamic shift in consumer spending habits, and landmark legal precedents affecting major industries and individual consumers alike. Despite reductions in the benchmark federal funds rate, consumer interest rates remained high, reflecting ongoing economic uncertainty. Unemployment rates stayed low throughout the year, presenting a thin silver lining amidst economic challenges … Read more

Singapore’s Gig Economy Workers Face New Financial Challenges: Rising Living Costs Drive Increase in Essential Loans

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Singapore, Singapore – In a recent study by fintech firm Lendela, it has been revealed that platform workers in Singapore, encompassing delivery riders and private-hire drivers, are gradually improving their debt management skills. Notably, debt consolidation, which once led the reasons for borrowing among these workers, has dropped by 15 percent over the past two years. Despite these improvements in financial handling, the persistent rise in living expenses continues to challenge these individuals, shifting the borrowing trend towards covering daily living costs. According to Lendela’s findings, more than a third of delivery riders and approximately … Read more

Former Judge Arthur Hunter Launches New Orleans Mayoral Bid, Vows to Tackle Crime and Boost Economy

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New Orleans, LA — Arthur L. Hunter, Jr., a former judge at the Orleans Parish Criminal Court, has entered the mayoral race in New Orleans, bringing with him a platform focused on enhancing public safety and promoting economic development. Hunter, who also has experience as a New Orleans police officer, officially filed his candidacy paperwork, indicating a serious bid to tackle the city’s pressing issues. Before announcing his candidacy, Hunter engaged with over 300 local citizens and community organizations to gauge public concerns and aspirations. His previous attempt to secure a political post was in … Read more