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Recessions and depressions

Major US pharmacy chain Rite Aid files for bankruptcy

Major U.S. pharmacy chain Rite Aid says it has filed for bankruptcy and bought $3.45 billion in recent financing because it carries out a...

Death toll in collapsed Zimbabwe gold mine expected to rise, vice president says

HARARE, Zimbabwe -- The loss of life toll from a shaft cave in at a disused gold mine in Zimbabwe was once expected to...

Alex Jones spent over $93K in July. Sandy Hook families have yet to see a dime

HARTFORD, Conn. -- As Alex Jones continues telling his Infowars target market about his cash issues and pleads for them to purchase his merchandise,...

West Virginia University crisis looms as GOP leaders focus on economic development, jobs

MORGANTOWN, W.Va. -- On the similar day that dejected scholars pleaded with the board of West Virginia's flagship college to not get rid of...

China’s Xi calls for patience as Communist Party tries to reverse economic slump

BEIJING -- Chinese chief Xi Jinping has known as for patience in a speech launched as the ruling Communist Party tries to reverse a...

Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here’s what to know

NEW YORK -- Trucking corporate Yellow Corp. has close down operations and is headed for a chapter submitting, in accordance to the Teamsters Union...

Judge in FTX bankruptcy rejects media challenge, says customer names can remain secret

DOVER, Del. -- The names of particular person shoppers of collapsed cryptocurrency alternate FTX Trading can be completely protected from public disclosure, a Delaware...

Fewer Americans apply for jobless benefits, labor market still showing strength

Fewer Americans implemented for jobless advantages ultimate week after a prior spike that some took as an indication that upper rates of interest have...

CEO pay again in focus as the heads of failed banks appear before Senate panel

NEW YORK -- The fresh disasters of a trio of midsize banks has as soon as again raised questions on whether or not senior...

Weekly US jobless claims highest since 2021, but companies avoid risk of being caught short-handed

The quantity of Americans submitting for unemployment advantages remaining week rose to its highest stage in a year-and-a-half, despite the fact that jobs stay...

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