Immigration crisis may bankrupt New York, Denver and Chicago: Experts

Immigration crisis may bankrupt New York, Denver and Chicago: Experts

The recent surge of migrants has put major cities across the U.S. under significant financial pressure. “I think it’s at this point, politically unsustainable for the Biden administration to maintain this unlimited flow into what’s essentially a welfare state network of cities like New York, Denver and Chicago,” said Simon Hankinson, a senior research fellow … Read more

Why the American Red Cross makes money from donated blood

Why the American Red Cross makes money from donated blood

The American Red Cross has long been recognized as the universal symbol of humanitarian services —and it’s an expensive operation. In 2022, the American Red Cross generated more than $3.2 billion in operating revenue and spent just over $3 billion in expenses the same year, according to its financial statements. Contributions only make up about … Read more