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Economy

[Maximum Fear Mongering] “Trump’s tariffs — if sustained — likely to push the U.S. and globe into recession, says JPMorgan”

April 3, 2025

https://www.cnbc.com/2025/04/03/trumps-tariffs-if-sustained-likely-to-push-the-us-and-globe-into-recession-says-jpmorgan.html Article behind paywall. Notice the headline “likely”. That’s the key word here. It’s also possible to avoid recession. Legacy media is trying to act like tariffs are the most horrible thing ever. If tariffs are so bad why does… Continue Reading…

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Economy

[Half-Truth Full Lie] “Federal judge pushes back on acting Social Security head over threat to close agency.”

March 24, 2025

“Acting Social Security commissioner Leland Dudek threatened Thursday evening to bar Social Security Administration employees from accessing its computer systems in response to a judge’s order blocking the U.S. DOGE Service from accessing sensitive taxpayer data… Dudek initially told news… Continue Reading…

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Economy, Energy

“Oil Holds Above $90 After Middle East Tensions Push Brent Higher”

April 5, 2024

“…The global benchmark Brent earlier pierced $91 a barrel, before trading little changed. The focus has shifted to a dramatic repricing of geopolitical risk, after Israel increased preparations for a potential retaliation by Tehran to a strike on an Iranian… Continue Reading…

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Business, Economy

“CVS to shed 5,000 jobs in cost-cutting push – WSJ”

August 1, 2023

“U.S. pharmacy chain CVS Health is cutting 5,000 jobs, the Wall Street Journal reported on Monday, citing a staff memo. In an emailed response to Reuters, CVS confirmed the company was laying off some non-customer facing employees to cut costs,… Continue Reading…

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Business

“Gap to lay off 1,800 workers as part of broad push to cut costs”

April 27, 2023

“Gap will lay off about 1,800 employees as part of a broad effort to cut costs and streamline operations, the company said Thursday.  The cuts, first revealed on Tuesday, are more than three times larger than the 500 layoffs it… Continue Reading…

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Real Estate

“Surging interest rates push mortgage demand down more than 40% from a year ago”

April 6, 2022

“…Total mortgage application volume fell another 6% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was down 41% from the same week one year ago. The average contract interest rate for… Continue Reading…

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Economy

“Inflation rose 7.9% in February, as food and energy costs push prices to highest in more than 40 years”

March 10, 2022

“…The consumer price index, which measures a wide-ranging basket of goods and services, increased 7.9% over the past 12 months, a fresh 40-year high for the closely followed gauge, according to the Labor Department’s Bureau of Labor Statistics… Food prices rose… Continue Reading…

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Economy

“Top U.S. Banks Push Billions into China Financial Market”

March 24, 2021

“EDITOR NOTE: Goldman Sachs, JP Morgan, and Citigroup–three of America’s largest banks–have significantly increased their stake in China, as the top five US banks, adding Morgan Stanley and Bank of American to the list, hold a whopping $77.8 billion exposure… Continue Reading…

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Predictions, Opinions, & Comments

Business Tip: Know When To Capitalize, Know When To Push

September 7, 2020

One of the keys to success is to know when you’re on a roll or not. What I’m about to say go for both business owners and salesmen. Once you get momentum do not slow down. Do more work. Put… Continue Reading…

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Business, Economy

“A massive drop in car sales sparks new push in Congress to aid the auto industry”

May 8, 2020

“A precipitous decline in car sales amid the deadly coronavirus outbreak has caught the attention of Capitol Hill, where some lawmakers are now urging Congress to authorize new aid for the auto industry. The heightened push on Capitol Hill comes as the… Continue Reading…

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