Tag: Recessions and depressions
TGI Fridays files for bankruptcy protection as sit-down restaurant struggles continue
DALLAS -- Restaurant chain TGI Fridays filed for bankruptcy protection Saturday, saying it is looking for ways to “ensure the long-term viability” of...
Court approves Tupperware's sale to lenders, paving way for brand's exit from bankruptcy
NEW YORK -- A U.S. bankruptcy judge approved a sale of Tupperware Brands on Tuesday, paving the way for the iconic food-shortage company...
American consumers feeling much more confident as Election Day nears
WASHINGTON -- American consumers are feeling quite a bit more confident this month as Election Day approaches, a business research group says.The Conference...
China to boost financing for approved housing projects to $560 billion to counter property slump
HONG KONG -- China will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562...
An Argentine province has a creative solution to President Milei's austerity: Printing its own money
LA RIOJA, Argentina -- They look like cash, fit into wallets like cash and the governor promises they’ll be treated like cash.But these...
Australia's PM is criticized for buying a waterfront home during a housing crisis
MELBOURNE, Australia -- Australian Prime Minister Anthony Albanese has been criticized for buying a multimillion-dollar waterfront home during a national housing crisis with...