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Economy

“Less Than Half of Americans “Very Satisfied” With Own Lives”

February 13, 2024

“For just the third time in more than two decades, less than half of Americans say they are “very satisfied” with the way things are going in their personal lives. The 47% of U.S. adults expressing high satisfaction with their… Continue Reading…

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Economy

“Troubled lender NYCB seeks to reassure investors after stock slide, Moody’s credit downgrade”

February 13, 2024

“New York Community Bancorp (NYCB) is attempting to reassure investors about its deposits, liquidity, and governance following a weeklong plunge in the company’s stock and a decision by Moody’s to cut the bank’s credit rating to junk. The $116 billion… Continue Reading…

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Economy

“Credit card debt hits a ‘staggering’ $1.13 trillion…”

February 13, 2024

“Americans now owe a collective $1.13 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances increased by $50 billion, or roughly 5%, in the fourth quarter of 2023,… Continue Reading…

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Economy

“Snap stock closes down 34% after company’s revenue miss and weak guidance”

February 12, 2024

“… …” https://www.cnbc.com/2024/02/07/snap-stock-drops-30percent-after-revenue-miss-and-weak-guidance.html

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Business, Economy

“Credit card debt increases by $50B to new record high”

February 12, 2024

“Credit card debt in the United States increased by $50 billion in the fourth quarter of 2023, according to recent findings from the New York Federal Reserve. The latest report, released Tuesday, found the total credit card balances stood at $1.13 trillion… Continue Reading…

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Banking, Economy, Real Estate

“The Real Estate Crisis Looming Over Banks”

February 12, 2024

“…Fears are now rising among investors over the United States’ distressed commercial real estate sector. This comes as a crucial lifeline created during last year’s banking crisis is set to expire. N.Y.C.B.’s shares plunged as much as 15 percent in… Continue Reading…

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Economy

“TUCKER CARLSON – THE VLADIMIR PUTIN INTERVIEW…” [WATCH HERE]

February 9, 2024

This interview affects the world which also affects the world economy which is what this website is about. In any case this interview is a must watch in my opinion.

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Economy

“US Trade Deficit Narrowed Last Year by the Most Since 2009”

February 8, 2024

“The annual trade shortfall shrank nearly 19% to $773.4 billion from a record in 2022, Commerce Department data showed Wednesday. In December, the deficit in goods and services trade widened slightly from the prior month to $62.2 billion. The figures… Continue Reading…

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Economy, Energy

Attack On Energy Sector: “Biden administration pauses new liquified natural gas development”

February 7, 2024

“…LNG is an important fuel source, particularly in Europe. Much of the gas comes from the Texas oil fields. It’s piped to terminals along the Gulf Coast, where it’s liquified and loaded into large ships. Late last week, however, the Biden… Continue Reading…

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Economy

“U.S. economy added 353,000 jobs in January, much better than expected”

February 7, 2024

“…Nonfarm payrolls expanded by 353,000 for the month, much better than the Dow Jones estimate for 185,000, the Labor Department’s Bureau of Labor Statistics reported Friday. The unemployment rate held at 3.7%, against the estimate for 3.8%. Wage growth also showed… Continue Reading…

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