On Wire

With food prices at historic highs, more consumers are turning to buy now, pay later services for their weekly essentials. “Once people start stretching out grocery payments it shows the height of personal desperation,” says Marshall Lux, a fellow at the Harvard Kennedy School. As prices rises, Americans are increasingly finding new ways to make … Read more

via federalreserve.gov: Labor Markets Employment rose at a modest to moderate pace in most Districts. Overall labor market conditions remained tight, although nearly all Districts highlighted some improvement in labor availability, particularly among manufacturing, construction, and financial services contacts. Moreover, employers noted improved worker retention, on balance. Wages grew across all Districts, although reports of a … Read more

china passes united states in life expectancy should be a headline in every us newspaper pic.twitter.com/SSo2IBL0vQ — ian bremmer (@ianbremmer) September 7, 2022

NYP, 8/31/22: “Biden’s weekend jaunts and vacations spanned 234 days — with seven in 10 of them spent at his homes in Wilmington and Rehoboth Beach, Delaware — out of 589 days in office.” https://t.co/oi1Krc4hW5 — RNC Research (@RNCResearch) September 6, 2022

The Pentagon has temporarily halted delivery of F-35 fighter jets to the military branches and international customers after Lockheed Martin discovered a metal component used in the jet’s engine had come from China, according to the Pentagon. The Defense Contract Management Agency notified the F-35 Joint Program Office at the Pentagon on Aug. 19 that … Read more

California Democratic Gov. Gavin Newsom was slammed as a hypocrite Wednesday for wearing a fleece coat in a seemingly air-conditioned room while urging residents to “save energy” amid a historic heat wave. “CA is experiencing an unprecedented heatwave [sic]. This will be the hottest & longest on record for September,” Newsom said in a tweet … Read more

(CBS Evening News) In a wide-ranging interview with CBS News, former Secretary of State and Democratic presidential candidate Hillary Clinton said she does not plan on running for president again after losing to former president Trump in 2016. But Clinton said she plans to do “everything I can” to ensure future presidents defend democratic principles. … Read more

by Michael You have heard me say it over and over again.  What we are witnessing right now reminds me so much of 2008, and we all remember what happened in the fall of 2008.  That doesn’t mean that this new crisis will unfold exactly the same way that the last one did.  Ultimately, every … Read more

A potential nationwide freight rail strike is looming, threatening to cripple the U.S. economy ahead of the holiday shopping season and November’s midterm elections. Roughly 115,000 rail workers could walk off the job as soon as Sept. 16 if they cannot agree to a new contract with railroads. That’s the first day workers could legally … Read more

by silvertomar Europe and the UK announces accelerated money printing to soften the blow from high energy prices… not only will this increase money in circulation… it will lead to more paper currency chasing commodities, speeding up price increases…We are witnessing the destruction of fiat currency in real time… We must be prepared for the … Read more

German energy giant Uniper on Tuesday warned the worst is still to come as concerns over Russian gas supplies to Europe through fall and winter continue to push up prices. “I have said this a number of times now over this year and I’m educating also policymakers. Look, the worst is still to come,” Uniper CEO Klaus-Dieter … Read more

by Ron Paul of Ron Paul Institute for Peace and Prosperity The Federal Reserve was no doubt troubled by July’s decline in the US unemployment rate to 4.5 percent and increase in job openings to 11.2 million. This is because the Fed’s strategy for reducing the historic price inflation now plaguing the economy — caused by the Fed’s unprecedented low … Read more