#financial-strain

#financial-strain

What was once one of the largest brewing companies in the U.S. is now planning to close at the end of the year. 21st Amendment Brewery, whose brewing operations are headquartered in San Leandro, announced Nov. 4 will be its last day. Owner Nico Freccia told the SF Chronicle his company's sales have declined by roughly 20% every year since 2021, and that the brewery's lender will no longer fund the business due to its cash bleed.

Kyte shut down after financial strain and contraction, ceasing operations after laying off staff and focusing on only two core markets last fall.

The average monthly cost for nursing home stays in Germany has reached $3,760, which is a significant burden given the average pension is only $1,100 per month.

Rising property taxes, insurance, and maintenance costs are outpacing income growth for most Americans, leading to an increase in serious delinquencies in mortgage payments.

Husband and wife Sinnarasa and Sutha Harihalan, owners of James Store, found their business shut down by Bromley Council for emergency demolition of neighboring buildings in Penge.

"To know when the kids turn three there should be a significant decrease and there will be an increase, we feel a little bit betrayed."

A common misconception is that universities can freely tap into their endowments to address financial shortfalls. In reality, a significant portion of endowment assets are legally restricted.

The U.S. economy is currently experiencing challenges including rising grocery prices, student loan repayments, unpredictable inflation, and a tough job market, creating financial strain for many.

Creditors' voluntary liquidations remain the process companies most commonly enter into - and their consistently high numbers reflect the ongoing challenges, high costs and political and economic uncertainty businesses face.

fleets of subscriptions are everywhere, and some may even say it’s a form of modern-day luxury—one that’s proving unsustainable for consumers juggling numerous memberships.

Consumer confidence in the UK has plummeted to its lowest since December 2022, heavily influenced by global events like Trump's tariffs and the Ukraine war.

He says he works hard and deserves a decent holiday.

Sad, dizzyingly over-scheduled and suffering a serious case of thumb fatigue, midway through last year, Anne decided to delete her dating apps.

"Within two years, a hurricane doubled their insurance costs, and a $7,200 special assessment for building upgrades hit, partially offset by $2,000 from insurance."

In the spirit of celebrating having just enough, I'm sharing my Tax Day jams that bop in the face of financial constraints.