SHOCKING: 22 | Mind Blowing Facts

The Fed Just Changed Rates, But Your Credit Card APR May Not Move Right Away

The Federal Reserve changed interest rates on September 16, but credit card holders should not expect their APR to move in lockstep with the Fed’s announcement. In fact, the latest Fed decision went in the opposite direction from a rate cut: The central bank raised its target range by a…

The Free Financial Advisor · Sep 24

US current account deficit widens 15.7% to $246 billion in Q2 on import surge

In the second quarter, the US current account deficit increased by $33.4 billion, reaching $246.0 billion. The rise in imports of goods was substantial, outpacing the growth in exports significantly. The goods trade deficit widened to $291.3 billion after a notable increase in imports. Additionally, the primary income balance narrowed,…

The Economic Times · Sep 24

Starbucks store closures: Why is the coffee giant shutting 250 North American locations despite rising sales and earnings forecasts?

Starbucks plans to close 250 North American coffeehouses this week, trimming roughly 1% of its 18,000 locations across the continent. The decision marks the second major wave of store shutdowns under Chief Executive Officer Brian Niccol, who took over leadership in 2024. During a similar restructuring last September, the company…

The Economic Times · Sep 24

In 2025, donation platform Flipcause collapsed owing 3,200 nonprofits $29 million

Flipcause, an Oakland-based donation platform, filed for bankruptcy in December 2025 after owing nearly $29 million to more than 3,200 nonprofits. Bankruptcy records showed the company paid $3.8 million to executives, relatives and related firms in the year before filing. Nonprofits later questioned Flipcause leadership over delayed donations and how…

The Times of India · Sep 24

Zcash hits record high of $1,600 as token’s privacy narrative strikes chord with investors

The cryptocurrency has surged amid the launch of a new European exchange-traded product.

Fortune · Sep 23

EV Sales Plunge 31% In July, Hybrids Soar 86%

July registrations show EV demand softening after credits ended as Toyota, Ford, and others pivot toward hybrids and extended-range electric models.

Motor1 · Sep 24

Mexican immigrant couple closes Colorado restaurant after 31 years as children build their own lives

A Colorado couple who moved from Mexico in 1995 with their three children opened Los Tarascos and ran it for 31 years. Jose and Maria Caballero are now closing the Fort Collins restaurant, saying they have achieved the dream that brought them to the US: giving their children the chance…

The Times of India · Sep 24

Americans and Canadians united in hating Trump’s tariffs, poll finds

Over 80 percent of Canadians said US President Donald Trump was wrong to impose his tariffs, while just 26 percent of Americans thought it was the right move

The Independent UK · Sep 24

Mexico's 1.4% Growth Forecast, Explained: Why the USMCA Review Still Matters More Than the Number

Fitch raised Mexico's 2026 growth outlook to 1.4%, but annual USMCA reviews and auto tariffs still shape costs for importers and exporters.

Latin Times · Sep 24

Skyrocketing diesel prices rattle Republicans as midterms approach

Diesel fuel prices have reached record highs due to ongoing conflicts in the Middle East and related supply issues. Republican candidates are proposing to end diesel exports to alleviate the burden on consumers. Economists warn that this move could have adverse effects on both domestic prices and the global economy.…

The Economic Times · Sep 24