Social Security Payments Update Coming This Week, and It Could Be Significant
The Social Security Administration is expected to announce its COLA, for Social Security recipients this week—and it could be the largest increase in decades.
American Drivers Go Deeper Into Debt as Inflation Pushes Car Loans to Record Highs
As vehicle prices rise amid inflationary pressure, Americans buying new cars are taking on higher loans and going deeper into debt.
Bank of America Survey ‘Screams’ Market Capitulation in 2023, Experts Warn Worst Is Yet...
Strategists at B of A have warned about stocks seeing a massive surge in selling pressure in a falling market that often leads to a dramatic decline in prices—this year.
America’s Economy Fell Into a Technical Recession, New GDP Data Confirms
Latest readings on U.S. GDP for 2nd quarter saw economy contract at slightly slower pace, but it still remains in a technical recession.
Amazon Makes History After Losing $1 Trillion in Market Value Amid Tech Stock Rout
Amazon has become first publicly traded company in history to lose $1 trillion in market valuation amid a volatile economy that has sparked a broad tech selloff.
Anomaly in Employment Statistics Grows: How Many Americans Actually Work?
When surveyed by the government, employers report they have added people to their payrolls, but Americans say they are not actually working.
America’s Oligarchs Planned To Attack MAGA With Everything They Had Day One Of Trump...
Steve Bannon addresses potential arrest of Trump and how the administrative state has set out on a witch hunt against him since he first announced his candidacy.
Soaring inflation has wiped $2.1 TRILLION – an average of 25% – off American...
Inflation's taken an average of 25 percent - at least $2.1trillion - off 401Ks of American workers, despite Biden's insistence that the 'economy is strong as hell.'
The Debt Ceiling Debate, Explained
The debt ceiling fight continues in Washington, more than a week after the U.S. hit its legislated debt limit of $31.4 trillion.
“The Treasury Department has...
Americans Have Lost $4,200 in Annual Income Under Biden Administration: Report
Americans have lost over $4,000 in annual income since President Joe Biden took office owing to soaring inflation and higher interest rates.
DAH!!!: Inflation remains persistently high at 8.2%—a ‘tremendously unwelcome negative surprise,’ says economist
The rate of inflation rose by 0.4% in September, and remains well above its benchmark target of 2%, making the prospect of continued “jumbo”...
Fed Boosts Rates by Another 0.75 Percentage Point as Inflation Soars
The Federal Reserve raised interest rates by another 0.75 percentage point on July 27 during the July Federal Open Market Committee (FOMC) policy meeting. This is in line with...
