Even though having pets became somewhat of the new craze for Gen Z and millennials who knew they couldn't afford to have human children, that's seemingly become too expensive on top of housing costs. Some people even report staying in a marriage or relationship longer than they wanted because they couldn't afford housing plus a divorce or to live on their own.
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.
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.
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 itâs a form of modern-day luxuryâone thatâs proving unsustainable for consumers juggling numerous memberships.