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Economy

“Turkey’s inflation climbs to 68.5% despite continued rate hikes”

“Turkey’s annual inflation rose to 68.5% for the month of March, an increase on February’s 67.1% inflation read, according to the Turkish Statistical Institute’s report released Wednesday. The monthly rise in consumer prices came out at 3.16%, led by education, communication,… Continue Reading…

Economy

“Canoo Stock Drops 26% After Fourth-Quarter Earnings and Sales Outlook”

https://finance.yahoo.com/m/f7d39bb4-ef0f-34db-8624-7760930e20c8/canoo-stock-drops-26-after.html Article behind paywall. Anyways, EV’s suck.They are not the future. Companies are going to figure this out the hard way it seems.

Business, Economy

“Over 500,000 fast-food workers in California just got a huge raise thanks to a new law—but not everyone is celebrating”

https://finance.yahoo.com/news/over-500-000-fast-food-193615296.html There’s no need to quote the article here. Click the link if you wish to read. More importantly businesses are going to layoff employees. Low wadges are better than no wadges. Communism / socialism does not work. Jobs can… Continue Reading…

Economy

“America will be left with ‘severe, irreversible scars’ if national debt goes unchecked. Now, a blockbuster report warns the [debt] is higher than believed…”

“National debt is fast becoming the thorn in the side of the American economy that nobody wants to extract—and it will continue to cause damage, sending the U.S. into financial crisis and 10 years of stagnation. That is increasingly the opinion of… Continue Reading…

Economy

Higher Prices Incoming: Supply Chain Disruptions Due To Baltimore Francis Scott Key Bridge Collapse

“…The Port of Baltimore processed a record 1.1 million containers of cargo in 2023, according to state data. That made it the ninth-busiest port in the nation based on U.S. trade volume, wrote Ryan Petersen, chief executive of Flexport, a supply chain… Continue Reading…

Economy

[More Lies] “FTC calls out profits as a driver of grocery prices”

“A new Biden administration report is raising questions about the cause of rising food prices, which have squeezed U.S. households for years after COVID-19 recession. Profits and inflation surged together in the aftermath of the pandemic, fueling intense debate among… Continue Reading…

Economy, Energy

“No Money, No Purchases, China’s EV Firms in a Bloody Survival Battle, 70% of Brands to Vanish”

The scam is starting to fall apart. Smart companies are switching back to gas or hybrids. EV’s are a scam. Do not buy them. They are designed to destroy economies and control populations.

Economy

“Biden okays $60 million in aid after Baltimore bridge collapse as governor warns of ‘very long road ahead’”

“Maryland Gov. Wes Moore warned Thursday of a “very long road ahead” to recover from the loss of Baltimore’s Francis Scott Key Bridge as the Biden administration approved $60 million in immediate federal aid after the deadly collapse… The sudden… Continue Reading…

Economy, Energy

“The Coming Electricity Crisis”

“President Biden and the press keep raising alarms about a climate crisis that his policies can’t do much about. Yet in the meantime they’re ignoring how government climate policies are contributing to a looming electric-grid crisis that is more urgent… Continue Reading…

Business, Economy

“The wealth of the 1% just hit a record $44 trillion”

“…The wealth of the top 1% hit a record $44.6 trillion at the end of the fourth quarter, as an end-of-year stock rally lifted their portfolios, according to new data from the Federal Reserve. The total net worth of the… Continue Reading…