(Natural News) Forty-three-year old Alysse Hopkins and her husband Ian Boschen earned a comfortable living in the suburbs of New York City. Their combined income of $175,000 covered the mortgage, two car leases, student loans, credit cards and the expense of raising two daughters. But Hopkins’ work as a lawyer representing clients in foreclosure cases […]

(Natural News) A report examining all 50 U.S. states’ fiscal health found that 39 of these do not have enough money to pay their bills. The eleventh edition of the Financial State of the States report, published by non-profit organization Truth in Accounting (TIA), showed that the total debt among all 50 states amounted to […]

(Natural News) Rather than take the bankrupt company to auction as planned, GNC Holdings Inc., operator of GNC supplements stores, has instead decided to sell itself to a Chinese pharmaceutical company known as the Harbin Pharmaceutical Group Holding Co. GNC canceled the scheduled auction after advising a U.S. Bankruptcy Court that it did not receive […]

(Natural News) As the coronavirus (COVID-19) pandemic spread like wildfire throughout America, the country was forced to implement something it has never tried before: Blanket business shutdowns. However, this tactic has resulted in a deep recession. While the pandemic spreads, economists and health experts suggest that it may be time to try a different and more […]

(Natural News) Since the year began, the coronavirus (COVID-19) pandemic has affected many businesses in America. But unlike some companies that can allow employees to work from home, restaurants were hit the hardest as they rely on indoor dining, along with takeouts and deliveries, to make a profit. On August 21, Thursday, the New York City […]

(Natural News) In all of U.S. history, we have never seen anything like “the mass exodus of 2020”.  Hundreds of thousands of people are leaving the major cities on both coasts in search of a better life.  Homelessness, crime and drug use were already on the rise in many of our large cities prior to […]

(Natural News) The economic effects of the coronavirus crisis are being felt deeply in the New York City restaurant industry. July was just the latest in a string of disappointing months for the city’s restaurants, bars and clubs, and a new survey has found that most of these establishments will be unable to pay their […]

(Natural News) The State of California is now less than 90 days away from a financial collapse that can only be averted by acquiring new sources of loans or dramatically slashing government-funded services in health care, pensions, welfare and education. The cracks of financial insolvency are starting to show, and Newsom has no plan that […]

(Natural News) NPC International Inc., the largest franchisee of Pizza Hut stores in the U.S., has filed for bankruptcy in the aftermath of shutdowns due to the Wuhan coronavirus. According to court papers, the company, which operates 1,227 Pizza Hut and 393 Wendy’s stores across the U.S., sought Chapter 11 protection in the Southern District of Texas […]

(Natural News) The Wuhan coronavirus (COVID-19) pandemic looks to claim some unlikely victims – hospitals. In a new report, the American Hospital Association (AHA) warned that hospitals and healthcare systems “face catastrophic financial challenges” in the midst of the ongoing pandemic. The report says that the increased cost of COVID-19 hospitalizations for hospitals, losses from services canceled […]