Economic News

Jun 17, 2022
While it is traditionally viewed as a B-grade economic indicator, the April consumer credit report from the Federal Reserve was another shocker especially after last month’s stunning surge in credit-card debt that saw the biggest increase in revolving c…
Jun 17, 2022
Every dollar the government spends ultimately comes out of taxpayers’ pockets. Governments can pay for their expenditures in three ways.
Jun 17, 2022
China is experiencing bank runs. People cannot get to online banking and they cannot withdraw money from ATMs. Electronic payments are not going through, but the worst part is they’re allowing funds to be deposited into accounts that people cannot get a…
Jun 12, 2022
According to the World Bank’s latest global economic forecast released on Tuesday, global economic growth is expected to slow down before the end of the year, and most countries should begin preparing for a recession.
Jun 12, 2022
The move is part of an overall effort to reduce its sow herd in the Western U.S., including Utah. It’s also “exploring strategic options” to pull out of its farms in Arizona and California. Smithfield will serve the California market with its Farmer…
Jun 12, 2022
“The program’s payouts have exceeded revenue since 2010, but the recent past is nowhere near as grim as the future. According to the latest annual report by Social Security’s trustees, the gap between promised benefits and future payroll tax revenue…
Jun 8, 2022
Statistics Norway wants to receive several million daily receipts from food stores, signalling a new era in state data collection. Privacy advocates and the supermarkets themselves are unhappy.
May 26, 2022
All major supermarkets will very soon no longer accept cash or card payments, and instead, force customers to use their face or fingerprints to pay for essential items, in what is another huge leap toward a dystopian cashless society.
May 23, 2022
Everything is still much more expensive today. Gas prices continue to rise to new highs. For ten consecutive days, we've seen record highs in gas prices. Let's Go Brandon!
May 23, 2022
The payments giant said it is rolling out the biometric checkout programs to speed up checkout time and reduce queues. It also claims that biometric systems are more secure and hygienic than debit and credit cards.
May 23, 2022
Starbucks said Monday it will pay the travel expenses for U.S. employees to access abortion and gender-confirmation procedures if those services aren’t available within 100 miles of a worker’s home.
May 23, 2022
If you thought that the economic news was crazy during the first half of 2022, just wait until we get to the second half. So many of the problems that we are experiencing now are going to continue to intensify, and Americans are becoming more pessimistic…
May 23, 2022
Today’s Situation Update podcast is one of the most important of this year. It explains how the domestic food supply is being militarized and controlled by a corrupt, criminal regime in Washington D.C. that now threatens food security for all Americans.
May 23, 2022
Analysts at a top U.S. bank are warning that nationwide gas prices could skyrocket from their current $4.589 average per gallon to more than $6 per gallon by the end of summer.
May 15, 2022
The nationwide shortage of baby formula that has sent mothers desperately rushing from store to store has evaded one lucky group: illegal immigrants detained by Border Patrol.
May 15, 2022
Gas prices hit an all-time high today at $4.374 per gallon of regular gasoline, just three weeks before Memorial Day weekend. While Americans will feel this pain each time they go to gas up their vehicles, the worst pain point may well be what’s happeni…
May 15, 2022
Major trucking fleets across the eastern half of the US are preparing for an “imminent” diesel shortage, according to logistics firm FreightWaves.
May 11, 2022
Under pressure applied by both Hillary Clinton and Barack Obama, the European Union is working to expand online censorship to an extreme Orwellian level, as well as strictly regulate speech during what authorities deem to be times of crisis (we always see…
May 11, 2022
Many people are still blissfully unaware of what has happened, but the global food supply has been largely taken over by the oligarchs, including financial giants BlackRock and Vanguard.
May 11, 2022
While babbling Joe continues to fail America with its inept leadership. Russia and China are partnering to reduce their dependence on the dollar — a development some experts say could lead to a “financial alliance” between them.