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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…

Precious Metals

“Gold prices hit another record high after fresh U.S. data spurs Fed cut expectations”

“Gold prices scaled to another record high Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven asset. Spot gold added 0.3% to trade at $2,240.04 per ounce. U.S. gold futures rose 0.8% to settle at $2,257.10… Continue Reading…

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…

Economy

“US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate”

“…The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate. The government had previously estimated that the economy expanded at a 3.2% rate last quarter…”… Continue Reading…

Business

“Home Depot is acquiring specialty distributor SRS for $18.25 billion in huge bet on growing pro sales”

“Home Depot on Thursday said it is acquiring SRS Distribution in an $18.25 billion deal, the latest and largest sign of its ambitions to drive sales by winning more business from contractors, roofers and other home professionals. The home improvement retailer expects… Continue Reading…

Business, Economy

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

“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…

Economy

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

“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…

Economy

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

“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…

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”

“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…