OK’s oldest Native American college faces uncertain future due to financial woes
Founded in 1880, Bacon College has evolved into an Indigenous-led educational institution that fosters intertribal community and offers academic degrees. Currently, the university is facing financial difficulties, plagued by mismanagement, unstable leadership, and lawsuits. Due to financial difficulties, Bacon School has suspended classes and is facing permanent closure. The hallways of Bacon College are cold […]
The Messenger Is Closing Its Doors Amidst Major Financing Woes
Online news outlet The Messenger will cease operations after less than a year, Axios reported Wednesday. Messenger started with $50 million in May, but hemorrhaged tens of millions of dollars and had revenue of only about $3 million in 2023, Axios said. reportsaid, citing financial records. The company originally expected revenue of $100 million in […]
Mortgage rates climb, adding to affordability woes
Sam DeBianchi, real estate agent and president of DeBianchi Real Estate, advises millennials who are struggling to buy a home on how to make money. After falling slightly last week, mortgage rates have risen again and remain in the mid-6% range. Although interest rates have fallen by about 1 percentage point since October, home prices […]
The LA Times slashed at least 115 newsroom jobs amid financial woes
The Los Angeles Times announced Tuesday it would cut at least 115 jobs, or more than 20% of its 500-person newsroom, one of the largest layoffs in the paper's 142-year history. The layoffs come at a precarious time for the publisher, which is facing another year of heavy losses, as well as allegations of editorial […]
Islanders players back Lane Lambert despite team’s woes
CHICAGO — Something needs to change for the Islanders after Friday's 4-3 overtime loss to the Blackhawks snapped their fourth straight loss and put them 2-6-2 in their last 10 games. There is no room for debate as to whether there is. But the team doesn't seem ready to throw coach Lane Lambert under the […]
China’s hundred-year marathon slows to a crawl amid economic woes and record-low birth rate
China's ambitions to complete the hundred-year marathon, overtake the United States and become a global hegemon by 2049 are becoming increasingly fanciful. The economic and social problems faced by the Asian country in the immediate aftermath of the pandemic have not yet been resolved. In fact, the situation continues to worsen. Collapse of the one-child […]