Sarah Mitchell
IA former professional football player was found dead in a homeless encampment late last week, exposing the dark side of sudden wealth syndrome. While police have withheld the family’s name pending notification, reports confirm the athlete—who earned over $16 million in just five seasons—died with a net worth of zero. The cause of death was ruled a … Read more
A new economic model released by the Hoover Institution paints a grim picture for American savers. Following the market turbulence of April 2025, researchers now predict a “steady-state depreciation” that could erode the U.S. Dollar’s real value by 7.6% annually. The report suggests that the era of “safe” savings is over. With purchasing power dropping at … Read more
ByteDance has officially restructured TikTok’s U.S. operations to avoid a total ban. According to business filings released Tuesday, the Chinese tech giant has reduced its stake to exactly 19.9%, a move designed to satisfy national security regulators while keeping the app alive on American phones. The deal, which brings the $1.5 billion “Project Texas” security plan … Read more
We now know exactly how much DoorDash pays its corporate staff. According to new government filings released this week, senior leaders at the food delivery giant are earning base salaries as high as $426,000. This data comes from 2026 visa applications. It shows a huge gap between corporate pay and driver earnings. Big Money for Top … Read more
State labor departments released new data this week confirming a massive shift in pay for American employees. Approximately 8.3 million workers are set to receive an automatic pay increase as new 2026 minimum wage mandates take effect across the country. While the federal rate remains unchanged, states and cities are moving ahead on their own. The new … Read more
The divide between the ultra-wealthy and everyone else has officially reached a breaking point. According to a new analysis of Federal Reserve data released this week, the wealth gap in the United States has hit its widest level in 30 years. The data reveals a “structural shift” in the economy. The middle class, which relies … Read more
JPMorgan Chase CEO Jamie Dimon sounded the alarm on the U.S. fiscal trajectory this week, delivering a blunt message to Washington. Speaking to investors, the head of the nation’s largest bank warned that the U.S. National Debt—now surpassing $38 trillion—is becoming a drag on the entire economy. Dimon’s critique focused not on the tax rate itself, … Read more
Governor Kathy Hochul just bought New York exactly two years of peace. In her latest budget address, she unveiled a massive $260 billion spending plan that keeps income taxes flat—for now. On the surface, it looks like a win. There are no new income taxes, and she is offering a “No Tax on Tips” policy for service … Read more
RTI Surgical (RTIX), a surgical implant company, said Friday that it has been selected to become part of a new public-private Manufacturing USA initiative, the Advanced Regenerative Manufacturing Institute (ARMI) – the twelfth Manufacturing USA institute, headquartered in Manchester, New Hampshire. ARMI brings together a consortium of nearly 100 partner organizations from industry, government, academia … Read more
Patriot National, a provider of technology and outsourcing solutions to the insurance industry, said Tuesday it has formed a new special committee of independent board directors to explore and review a range of strategic alternatives for the company. Patriot noted the review may not result in any strategic alternatives being consummated. The company said it … Read more