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San Francisco Ghirardelli Flagship Shuts Down as Union Workers Strike Over Health Benefits Fee
San Francisco, Saturday, 1 August 2026.
Union workers at San Francisco’s flagship Ghirardelli store launched a historic three-day strike, protesting proposed healthcare cuts and demanding disclosure on revenues collected from a 6% customer healthcare surcharge.
latest news in economy
US Labor Costs Rise in Second Quarter Despite Falling Real Wages
Washington, Friday, 31 July 2026.
US labor costs rose 0.9% in Q2 2026, beating expectations. Crucially, despite nominal wage growth, inflation-adjusted private sector wages fell 0.4% year-over-year, showing price increases still outpace pay gains.
latest news in companies
Mallplaza Expands Regional Footprint with Major Purchase of Colombian Shopping Centers
Bogota, Saturday, 1 August 2026.
Mallplaza has agreed to buy eight Colombian shopping centers for $376 million. The expansion significantly grows its regional footprint, acquiring assets that drew 57 million annual visitors.
latest news in politics
Federal Reserve Chair Refuses to Reveal Source of Undisclosed $100 Million Asset Sale
Washington, Saturday, 1 August 2026.
Federal Reserve Chair Kevin Warsh faced intense Senate questioning after refusing to disclose who paid him over $100 million for private investment fund shares immediately before taking office.
latest news in global
latest news in general
How a Fast-Paced Alternative Baseball League Is Redefining Sports Entertainment
Portland, Sunday, 26 July 2026.
Selling out major venues like Wrigley Field this weekend, the Banana Ball tour demonstrates how a fan-first, fast-paced format successfully disrupts and monetizes traditional sports entertainment.