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Economy

“Hegseth Says DOGE Found $6 Billion in Pentagon Budget Cuts”

June 10, 2025

“He added that President Donald Trump’s proposed budget also shifts $30 billion from away from “nonlethal priorities” under the Biden administration, according to a copy of his opening statement posted online… In addition to seeking to streamline the Pentagon’s slow… Continue Reading…

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Economy

“U.S. budget deficit surged in February, passing $1 trillion for year-to-date record”

March 13, 2025

“…Government spending eased slightly on a monthly basis though it still far outpaced revenue, according to a Treasury Department statement Wednesday. The deficit totaled just over $307 billion for the month, nearly 2½ times what it was in January and… Continue Reading…

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Stocks

“Ryanair shares tumble 17.2% as budget airline reports 46% fall in quarterly profit, sees lower fares” [JUL, 22, 2024]

July 24, 2024

“… …” https://www.cnbc.com/2024/07/22/ryanair-q1-2024-results-shares-fall-on-lower-fares-fall-in-quarterly-profit.html

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Economy

“Six-Month Federal Budget Deficit: $1.1 Trillion”

April 10, 2024

“Washington continues to spend like deficits and debt don’t matter, and the politicians would rather you don’t know. For the record, the Congressional Budget Office reported Monday that the federal budget deficit for the first six months of fiscal 2024,… Continue Reading…

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Business

Mainstream News Media Is Bleeding Cash

January 29, 2024

“Chaos, Fury Engulf Los Angeles Times in Historic Cuts to Newsroom” “…Barely 24 hours after billionaire owner Patrick Soon-Shiong imposed more than 115 job cuts, reducing about 20% of the newsroom, staffers arriving at the paper’s offices in El Segundo… Continue Reading…

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Economy

“…Switzerland Seeks Low-Budget Olympics After Years of Opposition”

November 27, 2023

“…Winter Games are usually held by a certain region or city, and they can be pricey. The 2018 edition held in Pyeongchang, South Korea, cost about $13 billion. Even back in 2002, Salt Lake City still spent $2.2 billion on… Continue Reading…

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Economy

“61% of Americans are living paycheck to paycheck — inflation is still squeezing budgets”

August 31, 2023

“As of July, 61% of adults still said they are living paycheck to paycheck, according to a new LendingClub report, slightly more than last year’s 59%… Now, 78% of consumers earning less than $50,000 a year and 65% of those earning between… Continue Reading…

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Economy, Energy

“…Americans are warned to budget for $5-A-GALLON gas as oil prices surge during Russian invasion of Ukraine and US national average rises to $3.61”

March 4, 2022

“Americans can expect to see gas prices to rise to $5 a gallon in the coming weeks, as the cost of oil continues to rise in the days following Russia’s invasion of Ukraine, experts say – and some parts of California… Continue Reading…

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Stocks

“5 Stocks to Sell or Stay Away From in November”

November 6, 2020

“While some hard-hit industries have seen some level of recovery as the economy takes a phased approach to reopening, many companies need to operate at full capacity to maintain their business and move toward expansion. But these plans have been… Continue Reading…

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Banking, Economy

“Federal Budget Deficit Nears $2 Trillion For Fiscal Year”

June 17, 2020

“The U.S. budget gap more than doubled in May, pushing the deficit for the fiscal year to near $2 trillion, as federal revenues plunged and government spending soared to help combat the coronavirus pandemic…” https://www.wsj.com/articles/federal-budget-deficit-nears-2-trillion-for-fiscal-year-11591630088

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