U.S. Warns of Sanctions Against Chinese Banks Doing Business with Russia

Washington has gone back and forth over sanctions on Chinese financial institutions, but the Treasury Secretary has shared that no moves are being made just yet. Talk of Sanctions In recent days, the possibility of U.S. sanctions against Chinese banks has loomed over the global marketplace. On Thursday, U.S. Treasury Secretary Janet Yellen clarified the […]

Recession Alert: Wall St. Crash Predictor Raises Concerns

Financial analyst Gary Shilling had some tough words for people across the nation this week, with a dire warning about America’s tardy economy.  Expert’s Warning Despite the Biden administration repeatedly touting the strength of the economy, one expert strongly disagrees – Gary Shilling. Gary Shilling Predicts Recession Ahead In an interview with Newsweek, Shilling claimed […]

$250 Million Settlement for Warren Buffet’s Real Estate Ventures

An enormous nationwide lawsuit has caused several brokerages, including one owned by Warren Buffet’s Berkshire Hathaway, to cough up hundreds of millions. $250 Million Settlement A property brokerage owned by billionaire investor Warren Buffet will pay $250 million as part of a lawsuit settlement over coercive real estate agent commissions. Owned by Berkshire Hathaway The […]

Williams-Sonoma Hit with $3.2 Million Penalty for Deceptive ‘Made in USA’ Labels

One company has received a record-breaking fine over misleading labels on their products.  $3.2 Million Settlement Kitchenware and furnishings retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission order. Misleading Customers The company has been charged with using misleading advertising for its products, in particular labeling certain products as […]