The cost of living in New York City is 38% higher than the state average and 80% higher than the national average, so it’s no wonder that the Big Apple tops the list of the world’s wealthiest cities, clocking in with a total of 340,000 millionaires. But regular folks — workers in the service industry for…

Treasury Secretary Janet Yellen is on her first visit to China since taking the post in 2021. The trip comes as the world’s two largest economies remain at odds. Here are five ways tensions between the United States and China are affecting business in this week’s Five For Friday.  #5: Executive visits Talks of decoupling…

Florida’s agricultural and construction industries are experiencing a labor shortage following the recent implementation of a strict immigration law in the state. SB 1718 took effect in Florida on July 1 and is reportedly leading migrant workers to leave. Signed into law by Gov. Ron DeSantis in May, the legislation imposes significant penalties on businesses…

When House Republicans return from recess, much of their focus will center around ESG (environment, social and governance). In particular, they will be seeking ways to reverse the trends of companies using ESG to guide their corporate policies and decision making. Straight Arrow News contributor Peter Zeihan thinks given the changes within the American political…

The U.S. automobile market recently saw overall new car sales jump nearly 25% over the last year. But while electric vehicles have received a push from the government and seen a boost in sales, many car buyers remain hesitant to go electric. Concerns about infrastructure, “range anxiety” and high costs in an uncertain economy have…

China’s economic troubles aren’t going away anytime soon and there’s plenty of blame to go around. The rebound in consumer demand that many expected after COVID restrictions were lifted hasn’t materialized. Its aging population isn’t helping, and there are sluggish exports, record levels of youth unemployment and massive government debts. Straight Arrow News contributor Larry…