It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
Author: admin
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U.S. MANUFACTURING ACTIVITY SLOWS AGAIN IN JUNE
For the third consecutive month, U.S. factory activity contracted as manufacturers’ cost of materials fell their most in more than a year.
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HIGH INTEREST RATES CONTINUE TO HOBBLE THE U.S. ECONOMY
Home sales and capital goods orders both declined in May due to lingering inflation and high interest rates, Bloomberg reported. Capital goods shipments dropped by 0.5 percent, the sharpest dip in three months.
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AMERICANS HAVE SPENT THEIR COVID-ERA SAVINGS. CAN THEY KEEP SPENDING?
Consumer spending makes up almost 70 percent of the American GDP. With their COVID-era savings spent, can American households continue to support the U.S. economy?
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INFLATION RATE FLAT-LINES IN MAY, FANNING HOPES OF FED RATE CUT
U.S. inflation’s pace was unchanged in May at an annual rate of 2.6 percent, the Commerce Department reported. Service prices rose 0.2 percent but were offset by a 0.4-percent decrease in goods prices, the largest since last November.
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NO ONE IS LISTENING TO WALL STREET’S FEW REMAINING BEARS
A few stock market strategists continue to warn that stocks are overpriced as the economy slows and the frenzy over artificial intelligence has left markets vulnerable to a sudden plunge.
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BIDEN GANG PRESSURED FDA TO CHANGE PROCEDURES, CUT CORNERS TO APPROVE COVID-19 VACCINE
The Biden administration applied pressure on the Food and Drug Administration (FDA) to adjust procedures and cut corners to get the approval of the Pfizer COVID-19 jab that allowed President Joe Biden to mandate the vaccines despite known health risks.
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MORE COVID WAR DAMAGE: FINANCIAL HARDSHIP TIED TO SUICIDE ATTEMPTS
Individuals who have experienced significant financial hardship are far more likely to attempt suicide than those who are financially secure, according to new research.
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U.S. HIGH COURT SIDES WITH BIDEN ADMINISTRATION ON POLICING SOCIAL MEDIA ‘MISINFORMATION’
The U.S. Supreme Court last week gave the middle finger to the First Amendment in a ruling that sided with the Biden administration on the ability for the government to apply pressure on social media companies over alleged “misinformation.”
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U.S. NUCLEAR SUB, DOOMSDAY PLANE ‘FLEX’ OFF NORWAY’S COAST IN MESSAGE FOR RUSSIA
The U.S. tried to send a message to Russia last week when a nuclear submarine surfaced near the Norwegian coast in what was seen as an obvious flex intended for Russia.
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