Economy

“Cuba asks UN for help as food shortages worsen”

“Cuba’s government has for the first time asked the UN’s food programme for help as food shortages on the Communist-run island worsen. The World Food Programme (WFP) said it had received an unprecedented official request from the Cuban government for… Continue Reading…

Economy

“China’s Boom Is Over—Beijing Is Making It Worse”

“China’s fundamental challenges—including weak demographics and heavy debts—are indeed tough. But it is also clear that much of what is plaguing China amounts to a nasty cyclical downturn exacerbated by Beijing’s poor policy choices. Tuesday’s big speech by Premier Li Qiang to… Continue Reading…

Precious Metals

“Gold Climbs to Record on Mix of Fed Pivot and Geopolitical Risks”

“… …” https://www.bloomberg.com/news/articles/2024-03-05/gold-climbs-to-record-as-momentum-builds-on-rate-bets To maximize profit silver is the play to make not gold in my opinion. It’s under valued more than gold is at the moment.

Business

“Apple’s iPhone sales in China plunge 24% as Huawei’s popularity surges”

“BEIJING (Reuters) -Apple’s iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant’s chief… Continue Reading…

Cryptocurrencies

“Bitcoin tops $68,000 as it nears 2021 all-time high” [MON, MAR 4]

“Bitcoin jumped to start the week, edging even closer to its all-time high after the rally took a breather over the weekend. The flagship cryptocurrency was last higher by 9% at $68,635.20, according to Coin Metrics. At one point, it rose… Continue Reading…

Economy

“The Skyrocketing Costs Driving Cheeseburger Prices Up—and Restaurant Owners Out”

https://www.wsj.com/business/hospitality/restaurants-food-payroll-bars-wages-f21ceb0a The article is behind a paywall so I’ll just add my opinion here. McDonald’s has already been criticized for 20 dollar meals and Wendy’s has been criticized for floating a plain to have “surging” prices during high traffic hours.… Continue Reading…

Economy

“…Wharton professor sees $34 trillion debt triggering 2025 meltdown as mortgage rates spike above 7%: ‘It could derail the next administration’”

“…Gomes predicts America’s $34 trillion debt burden may upset the world’s financial markets as early as next year—should a president-elect announce a raft of expensive policies. And remember the UK’s mortgage meltdown following a disastrous premiership under Prime Minister Liz… Continue Reading…

Personal Finance, Predictions, Opinions, & Comments

Practicing Vigilance: Shielding Your Finances in Senior Years

Written By: Jillian Day In an era where financial predators constantly devise new schemes, staying onestep ahead is paramount, especially for seniors. Awareness and vigilance areyour armor in this ongoing battle against fraud. Recognizing the importance ofprotecting your financial health… Continue Reading…

Economy

“America’s $125 MILLION ‘guaranteed income’ giveaway: Huge rise in taxpayer-funded programs offering no-string handouts of up to $36,000 – including D.C. scheme used by mom to buy $6K luxury Miami vacation”

“Taxpayer-funded ‘guaranteed income’ programs that hand struggling families up to $36,000 with no strings attached are being rolled out across the country, DailyMail.com analysis reveals. The schemes, whose total value exceeds $125 million, have surged in popularity since the pandemic as… Continue Reading…

Real Estate

“Miami Pitches $2.5 Billion Bond to Stem Dire Housing Crisis”

“Miami-Dade County is seeking $2.5 billion to cope with one of the worst housing crises in the US. Mayor Daniella Levine Cava will propose the new, property tax-backed debt package to voters later this year, she said. The largest portion… Continue Reading…