Nearly two-thirds of consumer spending goes to services. That’s where the inflation action is. By Wolf Richter for WOLF STREET. Energy prices continued to drop, and prices of some goods dropped from the crazy spike in 2021, and food prices are increasing at …
Socialist Seattle Democrat who pushed Defund the Police now rages at cops for not catching person who threw six bags of human feces onto her lawn Socialist Kshama Sawant, 49, is livid at police for not addressing reports of feces …
by confoundedinterest17 The Federal Reserve’s overnight repo facility where banks park their money is seemingly becoming permanent. As inflation has soared near the highest in 40 years, banks are increasingly parking their money at The Federal Reserve. To quote Joe Biden, “All …
by confoundedinterest17 Americans’ Savings Rate Drops to Lowest Since 2008 as Inflation Bites. Yes, inflation really bites. In fact, as US inflation is near the 40-year high, US personal savings declined -65% YoY as consumers try to cope with rising prices. …
By Lance Roberts “Cash Is Trash” is a common theme as of late as inflation rages from the massive monetary interventions of 2020 and 2021. However, is “cash really trash?” Or, does cash still provide a valuable benefit to portfolios in terms of …
Kyiv came under intense bombardment at around 4am local time on Friday, with the sky ablaze Ukraine’s government said that one missile was intercepted by the city’s defense systems, but another hit a residential building A Russian SU-27 jet was …
FIRST ON FOX: Republican Sen. Ted Cruz of Texas challenged “Squad” queen Rep. Alexandria Ocasio-Cortez, D‑N.Y., to “cry in front of the Biden cages” as the crisis at the southern border continues to rage.In a phone interview with Fox News, …
French President Emmanuel Macron’s anger over Paris being cut out of a nuclear submarine construction arrangement with Australia is not likely to ebb anytime soon, according to reports, as the embattled leader seeks to settle on additional responses. The French …
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by The Janssen Report Today on The Janssen Report: a dark day for truth. Julian Assange was arrested. He was dragged out of the Ecuadorian embassy in London this afternoon. Shame one all involved in the arrest of Julian Assange today. …
There’s a big difference in between the STOCK MARKET and the ECONOMY. People need to get that straight. Do you see the divergence? (Particularly in recent decades) Stock markets have risen but the economy continues to weaken. Globally we have …
https://www.youtube.com/watch?v=zMofBjjzL5w Nov 17, 2018 – Eight more bodies were found in the deadliest wildfire in California history, bringing the death toll to 71, officials announced Friday evening. http://marygreeley.com/?p=77793
via thesun.co.uk: AN ex-Amazon employee claims she ended up being evicted from her home and having to sleep at the warehouse car park after becoming injured at work and receiving no sick pay. Vickie Shannon Allen, 49, from Texas, says she …
by Wayne Root There is only one issue in America this week: the mass murder at the Florida high school carried out by Nikolas Cruz. It was shocking. It was tragic. Unfortunately you’re also only hearing one side of the argument. …