INFLATION IMPACT

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Nov 09 2024TECHNOLOGY

Why the Price of the USAF's New B-21 Bomber Might Skyrocket

The Northrop Grumman B-21 Raider, initially priced at $550 million per unit, is likely to cost more as time goes on. This isn't surprising. The Department of Defense knows that inflation and economic pressures make weapons programs costlier. John Venable, from The Heritage Foundation, says increased

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Oct 18 2024BUSINESS

What's Next for Netflix Prices? Execs Talk Strategy

Netflix execs have been busy discussing something that’s on everyone’s minds—price hikes! Co-CEO Greg Peters shared some insights during their latest earnings call. He said their pricing strategy has stayed steady over the years. They aim to provide more value to members every quarter. Only then do

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Oct 16 2024HEALTH

Helping Older Adults: Medicare Plans To Step In

Did you know that taking care of elderly or sick loved ones can cost a fortune? Just ask Sharon Zimmer from Wisconsin. She’s been caring for her husband, Chuck, who has Alzheimer's and dementia, since 2018. The costs are skyrocketing, and it's putting a big strain on families like hers. Sharon had t

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Oct 10 2024FINANCE

Big News for Social Security Recipients: What to Expect This Week

Get ready, Social Security beneficiaries! This Thursday, you'll find out how much your benefits will increase next year. Experts predict a 2.5% boost, which is less than the past two years. Last year, benefits went up by 3.2%, and in 2023, they saw a huge 8.7% increase due to high inflation. Th

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Oct 07 2024BUSINESS

Small Biz in Trouble: Tax Hike Looming

Inflation's been tough on Texas small businesses. Costs are skyrocketing, and owners are losing sleep over it. A recent report by the NFIB showed that supply costs jumped to the second biggest worry from twelfth in 2020. This is bad news for job creators who now face tough choices: raise prices, cut

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Oct 07 2024FINANCE

Big Budget Problem for Cook County in 2025

Cook County has a big problem on its hands. The county is looking at a $218 million budget gap next year. Why such a huge gap? Well, it's mainly because of the raises given to county employees and the increasing pension payments that come with those raises. But here's an interesting twist – this yea

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Oct 07 2024BUSINESS

Young Finance Chiefs: What's Their Secret?

Ever wondered how some finance chiefs climb the corporate ladder so quickly? Let’s take a look at three young stars who have proven their mettle in the world of business. Shawn Flores, 35, has been with Par Pacific Holdings for nearly a decade and is now its CFO. He believes in creating an efficient

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Oct 07 2024POLITICS

Economy over Personality: Why Trump's Policies Matter More than Ever

As the 2024 presidential election heats up, voters are faced with a critical choice. On one side is former President Donald Trump, who promises to continue his pro-growth policies that many believe boosted the economy during his tenure. On the other side is Vice President Kamala Harris, whose econom

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Sep 06 2024BUSINESS

Accounting Scandal: Round-Tripping & Other Fraudulent Schemes Exposed

Round-tripping! Channel stuffing! Back-dated contracts - what do these fancy accounting terms really mean? Let's dive into the shady world of fraudulent practices used by Sushovan Hussain, the former CFO of Autonomy who recently got 5 years in prison and a ban on accounting until 2038. According to

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