November 3, 2021
“EDITOR’S NOTE: Market Watch explains why inflation is happening and how it will push the economy back closer to its pre-pandemic “normal” state. “Inflation is always caused by too much money chasing too few goods,” and the abundance of money… Continue Reading…
November 3, 2021
“EDITOR’S NOTE: A recently released Federal Reserve Bank of Dallas report on price hikes shows that “a record 50.5 percent of manufacturers had raised prices on their finished goods in October, while just 0.7 percent cut prices,” according to Breitbart.… Continue Reading…
October 28, 2021
“U.S. economic growth slowed more than expected in the third quarter to the softest pace of the pandemic recovery period as snarled supply chains and a surge in COVID-19 cases throttled spending and investment. Gross domestic product expanded at a… Continue Reading…
October 28, 2021
“The potential for a knock-on effect of rising fuel prices to be felt by other industries is becoming more likely, as oil and gas prices continue to rise to an all-time high, companies are finding it hard to maintain their… Continue Reading…
October 28, 2021
“The U.S. economy grew at a 2% rate in the third quarter, its slowest gain of the pandemic-era recovery, as supply chain issues and a marked deceleration in consumer spending stunted the expansion, the Commerce Department reported Thursday. Gross domestic… Continue Reading…
October 26, 2021
“The Covid pandemic has led to growing numbers of baby boomers in Britain moving back in with their elderly parents, experts have said. The reasons are varied, from the positive – grown-up children ensuring their parents had care and company during lockdowns – to… Continue Reading…
October 25, 2021
“The Chairman and CEO of Berkshire Hathaway, during a 2015 shareholder meeting, noted that: “The best businesses during inflation are the businesses that you buy once and then you don’t have to keep making capital investments subsequently,” while you should avoid… Continue Reading…
October 22, 2021
“…Gas keeps getting more and more expensive, especially in California. But perhaps nowhere is it pricier than the remote central coast community of Gorda. The town’s only gas station is offering regular unleaded for $7.59. Premium is nearly $8.50. The… Continue Reading…
October 20, 2021
“Are stocks setting up for another decade of monstrous returns? Bank of America doesn’t think so. In fact, the banking giant’s valuation model is forecasting a flat return for the stock market over the next decade. Depressing, right? But here’s… Continue Reading…
October 20, 2021
“The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN. That’s a 30% increase from before the pandemic, when the industry already faced a labor shortage of 61,500… Continue Reading…
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