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Even though economic conditions were absolutely awful, during the month of June the mainstream media kept insisting that the U.S. economy was "recovering" and the stock market kept surging on every hint of good news.
Precious metals prices are once again on the rise this morning with spot gold prices back above $1900...
Among everybody's favorite "small businesses" that shut down due to the pandemic earlier this year were our fine country's strip clubs.
New claims for unemployment benefits rose to 1.416 million last week, data from the Department of Labor showed Thursday.
'Now's not the time to turn off the faucet when, you know, we should be using our strong balance sheet to borrow to stimulate the economy' - California Democratic Rep. Scott Peters
Republicans are considering extending the enhanced unemployment insurance benefit at a dramatically reduced level of $400 per month, or $100 a week, through the rest of the year, sources told CNBC.
Deepening negative yields in the U.S. Treasury market are fueling a frenetic rally in gold that's boosting the precious metal toward a record.
"...the canary is dropping dead."
"This revitalization looks to be sustainable for many months ahead as long as mortgage rates remain low and job gains continue."
There is a lot of discussion about the low levels of inventory for sale, as potential sellers have pulled their homes off the market or are not wanting to list their homes at the moment, waiting for the Pandemic to blow over...
Delinquency rates across commercial properties have shot up faster than at any other time.
Days after unveiling his 'Green New Deal' inspired infrastructure plan that will move the US to "100% green energy" by 2035...
It is during moments of great crisis that we find out who we really are, and that is why the governmental response to the COVID-19 pandemic has been so heartbreaking.
Just a few short months after dropping to the lowest since 2009...
Note to the reader: As I stated on Monday, don't blithely assume the economy is reopening and things will continue to improve. The nation is under the control of public health traitors.
The Covid-19 virus itself didn't run the United States into a ditch but it exposed the weakness and rot in the nation's drive-train, and now all of us passengers on that disabled bus must decide whether to stay helplessly inside the smoldering wr
Week after week we continue to get economic numbers that are absolutely horrific, and it appears that we are heading for a housing crisis that will be even worse than what we witnessed in 2008.
There is no proposal so foolish that it has no advocates, or sometimes even its fanatics. If hope springs eternal in the human breast, delusion springs eternal from the human head.
Captain George Pollard Jr. was hungry. Actually, he was starving. He'd been drifting aboard a small whaleboat with some of his crew in the South Pacific for over two months.
Yesterday saw the US comprehensively beat China. Not in any sporting sense, and certainly not in any dimension of the current Cold War: and for those who still like to think the latter isn't happening, just listen to what US Attorney General Barr s
In a world of incredulity, to suggest one chart is the "craziest" may seem a little braggadocio but we suspect after reading below, you will agree...
Single-Family Home permits were up 11.8%, Multi-family permits down 14.0%...
Unemployed Americans Spent More With $600 Weekly Boost Than Before Pandemic; That's About To Go Away
Even scarier than the pandemic for some in this country is the idea that they may have to actually get up off the couch, look for employment once again and earn money the old fashioned way: doing something productive.
Federal eviction moratorium expires in July, along with enhanced jobless benefits; Congress debates extensions
James Corbett says that, in 2008, banks were bailed out with trillions that left taxpayers on the hook to pay for "too big to fail" banks, but people were critical of the scheme...
Back in fiscal 2019, which ended last September before COVID-19 hit, the federal government set two records.
60% of restaurant owners said their landlords refused to give them deferments during the pandemic, while only 10% were able to renegotiate their leases. In total 73% of landlords ?" also under economic stress ?" refused to waive rent payments fo
Another wave of lockdowns has begun, and that is really bad news for the U.S. economy.
Due to an ongoing, and in some respect, a worsening nationwide coin shortage, The Kroger Company has stopped returning coins to cash-paying customers.
