Your Money Is No Good Here
American Airlines announced it would no longer accept Argentine pesos for cash sales of airline tickets. All transactions must be made with either a credit card, bank deposit, or wire…
A Falling Tide Slows All Boats
An unusually dry October has lowered the water level of the lake that is used to operate the Panama Canal’s channel system. As a result, the Canal Authority has reduced…
Endless Shrimp Sinks Red Lobster Profits
Seafood restaurant chain Red Lobster posted an $11 million loss for the third quarter of 2023. The primary driver of this loss was their Ultimate Endless Shrimp deal. What was…
Breaking News: Egg Producers Found Guilty of Price-Fixing
A jury ruling in November 2023 finally put to rest a price-fixing case that was filed in 2011. The jury found that four of the US’ largest egg suppliers conspired…
Netflix to Raise Prices on Some of Its Plans
Netflix has announced that it added 8.8 million new subscribers during the third quarter of 2023. This increase comes after the streaming service cracked down on password sharing and forcing…
Quiet, Please…or Pay the Fine!
New York City is planning to install several “noise cameras” in Manhattan in an effort to enforce anti-noise ordinances. The cameras will be mounted along city streets and will be…
Federal Reserve hints at possible future interest rate increases
The minutes of the July 2023 meeting of the Federal Open Market Committee indicated that Federal Reserve officials may raise interest rates again in the near future in order to…
Retailers are cashing in on pickleball
Over the past several years, the sport of pickleball has become immensely popular, with new leagues and courts opening all over the country. Along with that rise in popularity has…
Mining Mongolia’s Copper
Australian mining company Rio Tinto recently began operations extracting copper from an underground mining complex at the Oyu Tolgoi mine in southern Mongolia. Originally opened in 2012 as an open…
Tuition Fees to Rise After Voucher Program Begins
Shortly after the state of Florida announced it would be expanding its voucher program to give students around $8,000 to offset private school tuition, a private school in St. Petersburg, FL…