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$2 million paid in connection with the Fabuloso settlement for bacterial contamination

Preliminary approval of a class action lawsuit settlement with the makers of Fabuloso has been given by a federal judge. The settlement addresses allegations of bacterial contamination issues that led to a widespread recall of the cleaning supplies earlier this year because of worries that consumers might be seriously infected. Regarding 3 class action lawsuits filed on behalf…

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China Dropped US Treasuries Worth $491,900,000,000 in a Decade, Reaching a 14-Year Low in US Debt Holdings

For over a decade, the second-biggest economy in the world has been gradually selling off US government-backed securities valued at hundreds of billions of dollars. China’s assets of Treasury securities have fallen to a level not seen in more than 14 years, according to new data from the US Treasury Department. China had been gradually…

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Market prophet predicts a 30% stock market fall, an impending recession, and the impending burst of the commercial real estate bubble- These are the quotes from a recent interview with Gary Shilling

This week, a renowned market prophet issued dire warnings: stocks could plummet by 30%, the US economy is hurtling toward recession, and the commercial property bubble is ready to pop. Veteran economist Gary Shilling, who has a reputation for accurately predicting events like the 2008 housing meltdown, also predicted “The Julia La Roche Show” that…

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Thanksgiving may bring the Northeast’s first substantial snowfall: Here are some things to consider before traveling

Usually, Thanksgiving is the biggest traveling day of the year. Even if it can be problematic on its own, will Mother Nature make things more difficult for travelers this coming week? It really shouldn’t take much to bring you down if you are starting early on Monday. There shouldn’t be any significant weather disruptions when…

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According to the IMF, digital currencies issued by central banks can take the place of cash. “Now is not the moment to go back”

Digital currencies issued by central banks have the possibility to displace cash, but adoption may take some time, according to International Monetary Fund managing director Kristalina Georgieva, who made this announcement on Wednesday. “CBDCs can serve as a substitute for cash, which can be expensive for distribution in island economies,” she stated at the Singapore…

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Singer Cassie accuses Sean “Diddy” Combs of an accusation of a lifetime of abuse and rape

Sean “Diddy” Combs is accused of abusing R&B singer Cassie physically and sexually during their long relationship, based on a complaint filed on Thursday. Cassie (real name Casandra Ventura) claimed in a complaint against the music entrepreneur and producer that Combs introduced her to his luxurious, fast-paced, drug-filled lifestyle soon after she registered with his…

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A teenager is accused of boasting on Instagram regarding killing a boy in front of his mom

A 14-year-old boy was reportedly shot and murdered by a teenager in Washington, DC, according to authorities. The teen then bragged about the crime on an Instagram broadcast. The Metropolitan Police claim that on November 3, 14-year-old Niko Estep was fatally shot by 17-year-old Lorenzo Thompson when his mother was there. Three days after the…

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