Business
Saigon Sentinel · Section
Markets, jobs, trade, and economic policy — including the small-business and entrepreneurship landscape for Vietnamese Americans.
- Business
U.S. Retirement Fund to Deplete in 2032: Vietnamese American Elderly Community Faces Risk of 22% Benefit Cuts
The Social Security retirement fund is approaching its worst crisis in nearly half a century, with a risk of automatic 22% benefit cuts in 2032. With hundreds of thousands of elderly Vietnamese Americans dependent on thi…
- Business
U.S. Student Loan Repayment System Overhaul Starting July 1: Young Vietnamese Americans Face Critical Financial Crossroads
From July 1, 2026, millions of U.S. student loan borrowers will lose access to the Save program — and young Vietnamese Americans without family assets to rely on face the harshest financial choices they have encountered …
- Business
May 2026 CPI rises 0.63% — highest peak in the past year
The U.S. national CPI-U index rose 0.63% in May 2026, reaching a peak of 335.123 points — 4.47% higher than the same period last year, according to the Bureau of Labor Statistics. This is the sixth consecutive month of p…
- Business
Four consecutive weeks of increases: U.S. jobless claims reach 12-week peak with 229,000 filings
Initial jobless benefit applications in the United States have risen for the fourth consecutive week, reaching 229,000 applications for the week ending June 6, 2026 — up 11.71% compared to the same period last year and m…
- Business
Private capital absorbs 3 million US apartments: Renters pay the price, Vietnamese community bears double burden
57% of the nearly 3 million apartments held by private equity funds in the United States were purchased within less than 8 years — according to analysis by the monitoring organization Private Equity Stakeholder Project r…
- Business
JPMorganChase and LA28: When Wall Street Becomes a Strategic Partner of the Olympics, What Does the Vietnamese Community in Southern California Get?
JPMorganChase’s unprecedented role as the first Global Banking Partner of the Olympics signals a deep integration into the LA28 economic engine. For Southern California’s Vietnamese community, this raises urgent question…
- Business
LoanDepot and the 9.4% Slide: When Penny Stocks Are No Longer an Anomaly in the U.S. Mortgage Industry
LoanDepot’s slide is more than a penny stock story; it signals a structural crisis for nonbank lenders facing prolonged high interest rates. This instability threatens the vital credit channels used by Vietnamese-America…
- Business
MARI's Ari Emanuel Acquires Collect-A-Con: A Bet on the 'Fan Experience' Economy
MARI — a holding company founded by Ari Emanuel and Mark Shapiro less than two years ago — has just announced the acquisition of Collect-A-Con, a chain of trading card, anime, gaming, and pop culture convention events sp…