Author: Ethan Larkson

U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are set to meet with Chinese officials this weekend in Switzerland, signaling a potential de-escalation in the ongoing trade war between the two largest global economies. According to NPR, these talks are expected to focus on economic and trade matters, with both sides expressing concerns over the sustainability of current tariffs, which have heavily impacted trade. Bessent emphasized on Fox News that the existing tariffs, which currently stand at 145% on Chinese goods entering the U.S. and 125% on U.S. goods entering China, have created an “embargo-like” situation. “We don’t…

The U.S. airline industry is facing turbulence due to a slump in travel demand, largely attributed to President Donald Trump’s trade war and economic shifts. While all airlines are feeling the pressure, budget carriers like Southwest, Frontier, and JetBlue have been hit hardest, with sharp declines in their operating margins during the first quarter. On the other hand, major carriers like Delta and United Airlines have seen relatively stable margins despite faltering consumer demand. According to Devdiscourse, the economic outlook suggests that the margin gap between budget airlines and full-service carriers is expected to widen as the odds of slower…

In a significant move to expand its international presence, U.S.-based food delivery giant DoorDash has agreed to acquire its British rival, Deliveroo, for £2.9 billion ($3.9 billion). The deal, announced on Tuesday, comes as DoorDash aims to bolster its foothold in Europe, competing against the likes of Just Eat and Uber Eats. The acquisition offer, which values Deliveroo at 180 pence per share, represents a 44% premium over the company’s closing share price on April 4. Deliveroo’s shares saw a surge last week, reaching a three-year high after the announcement of the takeover bid, signaling strong investor interest. Deliveroo, which…

Grocery Outlet has officially opened its third location in the Las Vegas Valley at 9320 S. Eastern Avenue. The discount grocery store opened its doors to the public at 8 a.m. on Thursday, followed by a ribbon-cutting ceremony at 10 a.m. The new east Las Vegas store comes as rising grocery costs continue to impact local households. Known for offering lower prices than conventional supermarkets, Grocery Outlet’s expansion is expected to bring some financial relief to valley residents. This location follows the second store that opened on January 30 in Henderson and arrives less than two years after the first…

In honor of National Small Business Week, the City of West Hollywood will host a free virtual webinar titled “California Resources for West Hollywood Businesses” on Tuesday, May 6, 2025, from 2 p.m. to 3 p.m. via Zoom. The event is designed to connect West Hollywood’s small business community with valuable state and federal programs aimed at fostering business growth and resilience. The hour-long session will cover key topics such as access to capital, technical assistance, and general business resources. It is open to all West Hollywood business owners, entrepreneurs, and stakeholders at no cost. Speakers will include representatives from…

Broadridge Financial Solutions reported a 14% rise in its third-quarter profit, driven by strong performance in its investor communications unit, the company announced on Thursday. The Lake Success, New York-based fintech firm saw a notable boost in earnings due to heightened demand for managing investor communications in the lead-up to U.S. annual shareholder meetings during the proxy season. Broadridge plays a key role in distributing proxy materials and managing the voting process for banks, broker-dealers, and other financial institutions — a niche market that analysts believe gives the company a solid competitive advantage. For the quarter ending March 31, the…

In today’s competitive and unpredictable business environment, having the right insurance is not just an option — it’s a necessity. Whether you run a small business or a large enterprise, insurance is your safety net against unforeseen events that could disrupt your operations or even shut them down. Here are five essential reasons why your business needs insurance in 2024: Is your business’ success tied to the health, wellness, and performance of key leadership individuals? 🤔 Discover 5 essential reasons why #KeyPersonInsurance is a must-have for safeguarding your company’s future. Learn more: https://t.co/XHa2hy8zM9 pic.twitter.com/beWQHCKDCl — ONA Insurance Ottawa (@ONA_Insurance) May…

As the popularity of cryptocurrencies continues to surge, so does the prevalence of scams targeting unsuspecting investors. From phishing attempts to fraudulent investment schemes, the crypto space has become a hotbed for con artists looking to exploit the uninitiated. Understanding how to spot these scams is crucial for anyone looking to invest in or engage with digital currencies. This article outlines common types of crypto scams, red flags to watch for, and tips on how to protect yourself. Need help spotting a crypto scam? This new infographic developed by ABA Foundation in collaboration with the @FBI and other government agencies…

As the cost of living continues to rise, millions of Americans are looking forward to the upcoming increase in Social Security benefits. The Social Security Administration (SSA) is expected to announce a cost-of-living adjustment (COLA) for 2025 that will provide much-needed relief to beneficiaries. This article explores the anticipated increase, its implications for recipients, and the factors influencing this adjustment. Anticipated COLA for 2025 According to estimates from various financial analysts, including those from The Senior Citizens League, Social Security benefits are projected to increase by approximately 2.5% in 2025. Here’s how much more Social Security checks will increase by…

The next round of Social Security funds will be sent out soon, as we move into the third week of September. These checks are sent out in groups, and the day you get yours relies on when you were born or how long you’ve been getting Social Security. We can help you if you don’t know when to expect your check or if you think you’re missing a check you should have gotten. The full pay plan for September 2024 is shown below, along with some questions you may have about your benefits. If you still haven’t gotten your August…