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Recipients of Supplemental Nutrition Assistance Program subsidies for food purchases totaled 40.2 million, up 21 percent from a year earlier and 1.2 percent more than in February, the Department of Agriculture said yesterday...
“Our members are experiencing unprecedented cancellations heading into their peak season, and this advertising campaign is critical to our economic survival,” said Carol Dover, president and CEO of the Florida Restaurant and Lodging...
An incredible simulation from the National Center for Atmospheric Research shows the oil slick getting caught in a loop current and wrapping around Florida and moving on to create a death cloud in the Atlantic.
The US is a failed state also because there is no accountability to the people by corporations or by government at any level, whether state, local, or federal. British Petroleum is destroying the Gulf of Mexico.
Unlike the estimate of total establishment employment to be released on Friday by the Bureau of Labor Statistics (BLS), today’s ADP Report does not include any federal hiring in May for the 2010 Census. For this reason it is reasonable to expect that
The advance number for seasonally adjusted insured unemployment during the week ending May 22 was 4,666,000, an increase of 31,000 from the preceding week's revised level of 4,635,000.
he stock of U.S. money as measured by 'M3' money supply fell to $13.9 trillion from $14.2 trillion during the three months ending in April. This 9.6% annualized contraction is unprecedented in the post-Depression era, and shows how, in this sense,
The 136,142 consumer bankruptcies filed in May represented a 9 percent increase nationwide over the 124,838 filings recorded in May 2009, according to the American Bankruptcy Institute (ABI)...
The CRB death cross we've been talking about, where the 50-day EMA crosses below the 200-day one continues to widen.
"It could last for years, plural. Okay? If everything fails and all these different kinds of relief wells don't work, it could be spewing stuff into the Gulf until we have dead zones, entire dead zones in the Gulf. For years," Kaku said.
The Great Karnac Knows (Not Quite) All! When something sounds “too good to be true” it’s usually because it is. While the Stock Return Predictor won’t predict short-term gains, if an investor is interested in the long term, then the SRP is the ticke
Some former Moody's analysts said they felt intimidated by bosses to assign rosy ratings to risky debt products, according to testimony to a government panel probing the causes of the financial crisis. "While there was never any explicit directive to
The market for new bond issues is eerily quiet, and dead in the U.S.. Fewer companies are attempting to issue debt perhaps for fear of instigating a visible negative market reaction towards their creditworthiness.
The market is expecting 500K jobs created, and an unemployment rate of 9.8%. But while you're waiting for that, here's a quick survey of what the US employment situation really looks like, across various measures and industries.
The student vote turned out overwhelmingly for Obama and his policies are helping make them debt slaves for life.
Regulators on Friday shut down three banks in Florida and one each in Nevada and California, bringing the number of U.S. bank failures this year to 78. The Federal Deposit Insurance Corp. took over the Florida banks, all owned by holding company B
Optimists see economies shaking off recession and corporate results improving. But pessimists see a growing debt crisis and a new slump that the world would be powerless to halt.
Markets were closed in America yesterday. But there’s still reckoning to do. So, we’re on the job as usual. As predicted in this space, Americans have gone back to saving.
But this year, the job market for teens will become more congested and competitive. EconomPic points out that this could be the worst summer for jobs for teenagers since the Great Depression...
Things are getting off to a bad start. This weekend, Tropical Depression Agatha killed over 100 in Central America. And look, it's heading through the Gulf of Mexico.
The five affected US Gulf states alone have, between them, a $2.2 trillion economy. Cut that in half, which could easily happen if there’s oil all over the place, and you have a nationwide economic disaster, coming on top of everything else.
BP Plc has given up trying to plug its leaking well in the Gulf of Mexico any sooner than August, laying out a series of steps to pipe the oil to the surface and ship it ashore for refining, said Thad Allen, the U.S. government’s national commander..
Is it true the economy is recovering nicely–the narrative the White House is pushing--or not? Maybe not, if this sign seen outside a West Virginia cemetery on Memorial Day 2010 is to be believed.
The Coming Economic Catastrophe - The Man Who Exposed Vaccine-Caused Autism - Gold To Go, Coming to a city near you.
This thing can blow up in our faces any moment now, with one fire igniting another across countries and within them. There’s just too many people falling by too many waysides, and too many of them will very simply not go gently into that night...
The British Petroleum oil spill is threatening the entire eastern half of the North American continent with "total destruction," reports say.
BP's 'Top Kill' procedure shows 'an apparent lack of progress,' NYT reports; next attempt may be another oil dome
In addition to his radical solution, Simmons also points out that "Top Kill" is a sideshow and the real problem is 5 to 7 miles away, where a second fissure is "releasing a plume the size of Delaware and Maryland combined."
I am about to head out on the road (not to serfdom hope!) and before I do I want to issue a rallying cry to everyone that craves freedom both politically and economically. We must all at once stop identifying ourselves as Democrats and Republicans.
Gerald Celente, Director of the Trends Research Institute, sees a very bleak future for the United States, and a major collapse coming soon for the entire nation, maybe the entire world.
