Electricity Costs Surge 6.7 Percent from Year Ago, Residential Consumers Hammered
• https://mishtalk.com, By MishExpect a backlash. Residential customers pay double the industrial rate.
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Expect a backlash. Residential customers pay double the industrial rate.
As an entrepreneur, my income has always been feast or famine. For years at the start of a new company, I would earn literally nothing.
Starting in the aftermath of the 2008 financial crisis, a profound change to the Fed's liquidity-providing role in the capital markets was underway.
You know things are bad when nobody is going to Las Vegas, but that is just the tip of the economic iceberg, and the over-taxed American consumers have tickets aboard the Titanic.
It's not elegant, it's not moral, but it's historically reliable and gets politicians and bankers off the hook of taking actual responsibility - so of course it's the easy choice.
We haven't seen anything like this since the Great Recession, and if our economic troubles continue to accelerate during the months ahead 2026 is going to be a very messy year.
...but industrial production saw its biggest annual gain since Nov 2022.
White House AI and crypto czar David Sacks has fired back at The New York Times over a report detailing how his government advisory role could benefit his investments and those of his close associates.
"U.S. consumer does continue to show up for events, this Black Friday included. After all, Adobe did say Friday and Saturday both came in above their forecasts."
...technocratic jargon cannot obscure the simple truth: we have built an economic system requiring perpetual monetary expansion to avoid collapse...
We sat down with Dr. Dr. Kirk Elliott to break down the twin disasters forming in America's economy:
And with this said the only institutions whom can go to the FEDs REPO auction is the G-SIB list of banks from the FSB
Rep. Warren Davidson introduced legislation that allows bitcoin tax payments without incurring capital gains to beef up the U.S. Strategic Bitcoin Reserve.
America's second-largest county offers new program giving residents $500 a month with no strings attached
International Man: Trump is pitching a "tariff dividend" that would take revenue from new import tariffs and recycle it into $2,000 checks for Americans--framed not as welfare, but as a patriotic return on America's trade strength.
As Bloomberg puts it, the latest Fed Beige Book underlined a 'deepening K-shaped split'.
A report shows that up to 50% of U.S. small businesses' annual sales come from holiday purchases...
Borrowing more to maintain spending is hanging on by one's fingernails, not middle-class security.
...+ AI PAC Goes To DC | PBD 691
Most Americans are exceedingly focused on the present and spend very little time thinking about the future. And if you are in the minority of the population that is thriving in this "K-shaped economy", you may be wondering what all of the fuss i
Building on our earlier housing-market note that "current conditions point to more persistent headwinds" across major metro areas, we now turn to new Redfin data showing a surge in delistings - a clear sign the market is slipping into year-end paraly
Many hold that a growing economy requires a growing money supply in order to provide support to economic growth.
The venality, greed, and lust in the Epstein files are the flip side of the cowardice they showed us during Covid. They sure pay themselves like kings, though. No wonder Americans are so revolted.
Banks with credit card businesses are currently charging an annual interest rate of 19.24 percent on purchases.
Over the past 25 years, since January 2000, the price of gold has nearly doubled the S&P average. Why don't most people know that? There's a reason, says Chris Olson, one of the country's biggest gold wholesalers. This is an amazing story.
In April 1939, American unemployment reached 20.7 percent. For Henry Morgenthau Jr., Franklin D. Roosevelt's Secretary of the Treasury, this was bad news.
In this video, we uncover the hidden tax that's been quietly robbing you since August 15, 1971 - the day President Nixon closed the gold window, transforming the U.S. dollar from a gold-backed currency to a fiat system.
It's hard to believe the United States government was ever debt-free.