The number of “zombie” companies—those whose operating income is too small to cover interest payments on their debts—has reached its highest since early 2022.
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PAY GROWTH SLOWS FOR AMERICAN WORKERS
Aside from a post-COVID spurt, real income for U.S. workers in their prime earning years ages 25 to 54 is growing at its slowest pace since the economy began to recover from the Great Recession more than a decade ago, the JPMorgan Chase Institute reported.
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NO CORRELATION BETWEEN WALL STREET, MAIN STREET: AMERICANS LIVE PAYCHECK TO PAYCHECK
A newly released report found that 48 percent of employed Americans spend half their paycheck within 48 hours of receiving their checks, showcasing just how financially strapped many in the country are, even while stocks are trading near all-time highs.
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TRUMP TRIES TO SABER-RATTLE, SAYS U.S. WILL BEGIN NUCLEAR TESTING, CITING THREAT FROM RUSSIA AND CHINA
President Donald Trump posted on social media last week that the U.S. has more nuclear weapons than any rival and bragged that they are in prime condition—but due to “testing program[s]” in other countries, he said he ordered the Department of War “to start testing our Nuclear Weapons on an equal basis.”
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TRUMP’S SUPPORT AMONG YOUNG VOTERS TAKES BIG HIT
President Donald Trump has seen his support among younger voters take a major hit since the beginning of the year, with just 20 percent of those polled saying they approve of his job performance, compared to 75 percent who say they disapprove.
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TRUMP RAMPS UP BOMBING OF SOMALIA
The Trump administration continued its quiet war in Somalia and carried out three consecutive days of airstrikes in the country.
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FASCISM: U.S. TO USE FUNDS SQUEEZED FROM JAPAN TO PAY FOR NUCLEAR PLANTS ACROSS COUNTRY
As Benito Mussolini once said, the merger of state and corporate powers is fascism. Welcome to Amerika.
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SPOTLIGHT: AI OVERVIEW
PUBLISHER’S NOTE: As Trends Journal subscribers well know, on 28 January we had forecast Dot-com Bust 2.0., and on 5 February that was the illustration on the cover of our magazine. Despite our forecast, it was totally ignored by the mainstream business media. But now that reality of overinvestment in AI can no longer be ignored. Indeed, this......
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U.S. CONTINUES BOMBING FISHING BOATS IN CARIBBEAN THAT THEY SAY ARE DRUG DEALERS
President Donald Trump’s killing spree in the Caribbean continued last week, bringing the total number of victims to 61, in strikes on 14 alleged drug boats, prompting international criticism.
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ISRAEL STEALING MORE PALESTINIAN LAND. BEGINS DIVIDING GAZA IN HALF
The Israeli Defense Force is in the process of dividing Gaza in half with a so-called Yellow Line that separates Palestinians in the West and armed Israeli forces in the East, ready to pull the trigger over the slightest violation.