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Drew Martz

Chicago

Seasoned Writer and Digital Marketing Strategist at HouseDigest

Seasoned Writer and Digital Marketing Strategist at MoneyDigest

Articles

  • 6 days ago | moneydigest.com | Drew Martz

    It's a tough time to be in the automotive industry in America, especially with the Trump tariffs making cars more expensive thanks to a 25% tariff on imported automobiles and auto parts. This is certain to send operating costs through the roof for automobile manufacturers and repair shops across the U.S. However, there were already a number of businesses in this industry that were struggling long before any tariffs went into effect.

  • 1 week ago | moneydigest.com | Drew Martz

    In recent years, there has been an increase in bankruptcy filings for both retail and restaurant chains in the United States. These companies range from lesser-known shoe retail chains like Soleply, to more well known and beloved restaurant chains like Red Lobster. The reasons behind this increase in bankruptcy filings is due to a variety of factors such as inflation and tightening economic conditions post-Pandemic.

  • 1 week ago | moneydigest.com | Drew Martz

    It's no question that the cost of living in the United States has skyrocketed in recent years. After all, inflation has been running rampant in the country since the COVID-19 Pandemic in 2020, with prices across the board up 23.3% cumulatively since before February of that year. This being the case, it probably will come as no surprise to hear that the cost of housing has not been immune to this.

  • 1 week ago | moneydigest.com | Drew Martz

    For those who plan on retiring in the near future or have already done so, it's likely that you've seriously considered the idea of relocating to a new city and state. After all, this is something that many retirees tend to do, as there are certain financial benefits that come with moving to a state that exempts Social Security income taxes or offers a lower cost of living. One of the more common states for retirees to move to is Texas.

  • 1 week ago | moneydigest.com | Drew Martz

    There's a concerning trend throughout the United States as a growing number of restaurant chains are either going bankrupt or closing down locations. While some of them are coming up with strategies to survive (like these two popular restaurant chains that are merging into one), others are getting left in the dust. For example, Bar Louie, a beloved bar chain just filed for bankruptcy recently, as well as the rather infamous case of Red Lobster doing the same in 2024.