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Economy

“Cost-of-Living Crisis Hits Sales of Food, Cars, Luxury Goods”

July 26, 2024

“…Nestle SA, the world’s biggest food company, cut its revenue outlook for the year on Thursday, while Unilever Plc reported sales that missed estimates and Jeep-owner Stellantis NV posted a plunge in profit. A day before, US appliance maker Whirlpool… Continue Reading…

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Economy

“$1 million starter home? It’s the norm in 237 cities”

July 26, 2024

“The number of cities with ‘million-dollar’ starter homes has nearly tripled since 2019 SEATTLE, July 25, 2024 /PRNewswire/ — A million-dollar price tag no longer means lavish and luxurious living. In more than 200 U.S. cities, buyers will find a price tag… Continue Reading…

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Economy

“U.S. economy grew at a 2.8% pace in the second quarter, much more than expected”

July 25, 2024

“…Real gross domestic product, a measure of all the goods and services produced during the April-through-June period, increased at a 2.8% annualized pace adjusted for seasonality and inflation. Economists surveyed by Dow Jones had been looking for growth of 2.1% following… Continue Reading…

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Economy, Energy

“Oil Billionaires Bet on Trump’s Energy Agenda”

July 25, 2024

“As Donald Trump accepted the GOP presidential nomination last Thursday, he reminded the megawealthy coterie of oil tycoons backing him why he is their man. “We have more liquid gold under our feet than any other country by far, we are a… Continue Reading…

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Economy

“The US debt is about to hit $35 trillion. It didn’t come up at the GOP convention.”

July 24, 2024

“…Outstanding government debt stood at $34.9 trillion ($34,940,154,000,000 to be somewhat more precise) as of Tuesday, according to the latest data from the Treasury Department. That’s a debt load that now represents over 120% of GDP. Earlier this year, the cost… Continue Reading…

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Business, Economy

“ALEX JONES [4 of 4] Monday 7/8/24 • KIRK ELLIOTT FINANCIAL NEWS & ANALYSIS • Infowars” [Watch Here]

July 12, 2024

Click link to watch video: https://www.bitchute.com/video/dXY7pXl9RrFa

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Economy, Stocks

“The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says”

July 10, 2024

“…The stock market will crash 32% in 2025 as the Federal Reserve fails to prevent a recession, according to the most bearish strategist on Wall Street. Peter Berezin, chief global strategist at BCA Research, said in a recent note that a recession… Continue Reading…

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Business, Economy

“Air travel demand is breaking records. Airline profits are not”

July 9, 2024

“…Some airlines have forecast record demand, and in some cases, revenue. On Sunday, the Transportation Security Administration screened more than 3 million people, a one-day record. But higher labor and other costs have eaten into airlines’ bottom lines. To adapt to slower demand… Continue Reading…

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Economy

“Why France is on the brink of reinstating wealth taxes”

July 9, 2024

“…France’s wealth tax was first introduced in 1982 by Francois Mitterrand, the then-president. Since then it has been scrapped, reinstated and reformed by successive governments  The “impôt de solidarité sur la fortune” – as it is known in France –… Continue Reading…

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Economy

“The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming”

July 9, 2024

“Governments owe an unprecedented $91 trillion, an amount almost equal to the size of the global economy and one that will ultimately exact a heavy toll on their populations… The International Monetary Fund last week reiterated its warning that “chronic fiscal… Continue Reading…

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