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Banking, Economy

“The $27 Trillion Treasury Market Is Only Getting Bigger”

March 29, 2024

“The world’s largest, most-important financial market is growing by leaps and bounds. On Wall Street, that is making people nervous. Annual issuance of U.S. Treasurys has exploded, nearly doubling since the pandemic began. The government sold a record $23 trillion worth in… Continue Reading…

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Economy

“68% of Americans feel stressed about cost when planning a date—here’s who they think should pay”

March 28, 2024

“…Nearly everyone, regardless of gender, who’s dating is stressed about the associated costs. Roughly 69% of U.S. adults admitted to feeling uncomfortable on a date because of how much it will cost, and 68% say they stress about money when… Continue Reading…

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Banking, Economy

“Turkey’s central bank raises interest rate to 50% despite previous hints of end to hike cycle”

March 28, 2024

“Turkey’s central bank on Thursday raised its key interest rate, the one-week repurchase rate, from 45% to 50%, citing the continuing need to counter climbing inflation in the country… Turkish annual consumer price inflation soared to 67% in February, fueling concerns that… Continue Reading…

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Business, Economy

“…Arizona, an $8.5 billion CHIPS grant spells ‘jobs’ more than geopolitics”

March 28, 2024

“CHANDLER, Ariz. — In the booming Phoenix metro area, Washington policymakers’ rare bipartisan push to bolster national security in their high-tech arms race with China brings major enthusiasm for something more basic: jobs. A fresh influx of $8.5 billion in CHIPS… Continue Reading…

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Economy

[U.S.] “…Francis Scott Key Bridge collapse ‘will spark US food & car supply [chain] issues…’” [Increased Prices]

March 27, 2024

“THE… bridge collapse in Maryland will result in widespread disruption to trade but Americans are set to avoid a return to the supply chain chaos seen during the Covid-19 crisis, experts have said. Shipping has been suspended at the Port… Continue Reading…

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Economy, Personal Finance

“BlackRock’s Larry Fink sees Social Security crisis, says 65 retirement age ‘a bit crazy’”

March 27, 2024

“…Worsening the outlook is a Social Security system that has said it will not be able to pay full benefits by 2034… Fink said it is worth taking a look at when Americans are expected to start accessing Social Security… Continue Reading…

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Economy

“NYC begins handing out prepaid debit cards [FREE MOENY] to [ILLEGAL ALIENS] in controversial program”

March 27, 2024

“The Adams administration launched its program to give prepaid debit cards to New York City migrants this week — two months after inking a controversial no-bid $53 million contract for the deal. Staffers with the New Jersey company, Mobility Capital Finance, handed… Continue Reading…

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Economy

[U.S.] “Democratic cities that welcomed [illegal aliens] are starting to roll back aid”

March 27, 2024

“When a wave of migrants began arriving in Democratic-run cities far from the Southern border two years ago, officials welcomed them with open arms. Now they’re limiting aid to new arrivals as their instinct for compassion confronts hard budgetary realities.… Continue Reading…

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Economy, Energy

“8 states are planning to BAN the sale of gas-powered cars entirely – after Biden unveiled ambitious plans to phase them out by 2032”

March 27, 2024

“At least eight states are planning to ban the sale of new gas-powered cars in the next decade – and others are considering joining them. Only zero-emission vehicles can be sold in participating states beginning from the 2035 model year, according… Continue Reading…

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Economy, Energy

“…USA is now producing more oil and gas than any nation ever has” [So why is gas so expensive?]

March 27, 2024

“The US Energy Information Administration (EIA) said in January that US domestic production of crude oil for September 2023 set a new all-time high of 13,247,000 barrels per day. That fact probably deserved more notice than it received given that it was… Continue Reading…

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