It's becoming hard to ignore inflationary pressures, whether one is a central banker or not. Tech investors are taking notice with Monday's Nasdaq 100 slump the largest since mid-March, while China's producer prices accelerated overnight.
Financial writer John Rubino says there is no easy way out for the financial and political mess the United States has created for itself.
Keep your handout money, Joe! GOP governors of Arkansas, Montana, Mississippi, South Carolina and Alabama REFUSE Biden's $300 per week unemployment benefit because 'it's time to stop paying workers to stay home'
Yikes! Corn Prices Are Up Roughly 50% In 2021 As Americans Brace For Years Of Horrific Food Inflation
In a recent interview, economist Lawrence Summers said the government's juiced-up unemployment benefits have created a record labor shortage.
"Many small business owners who are trying to hire are finding themselves unsuccessful and are having to delay the hiring or offer higher wages. Some owners are offering 'show up' bonuses for workers who agree to take the job and actually show up
US Chamber Of Commerce Urges Biden To End Pandemic Handouts: "Paying People Not To Work" Is Killing The Recovery
This sort of sudden structural collapse in demand for office space raises some existential questions for landlords...
The Federal Reserve just released its semi-annual Financial Stability Report and it is the most 'risk averse' that we can remember.
We've all known that nationalizing student loan debt would turn out to be a terrible decision (just as it is when the government nationalizes any industry).
It appears we were overly cynical when we said just an hour ago that we won't be holding our breath to find out if any other state will join Montana in ending many unemployment benefits in response to the unprecedented worker shortage.
Global inflation is headed into overdrive as the leading food price indicator that is the United Nations' Food and Agriculture Organization's food price index increased for an 11th consecutive month in April, hitting levels not seen since May 2014, w
Did you know that the price of corn has risen 142 percent in the last 12 months?
Inflation and shortages are the two big stories for the U.S. economy this week. In recent days I have done multiple articles about inflation, and so today I want to focus on the widespread shortages that we are currently witnessing.
You probably know somebody who has legitimately died of covid. Trouble breathing, a trip to the ER in an ambulance, transfer to ICU. Then the most ominous word of 2020, ventilator. They may as well name it the terminal ventilator because that's gen
In this video, we break down major gloomy economic news, how the billionaires are preparing and what you can do.
Your grocery list could be eating away at your budget, without you noticing.
Every dollar that the federal government borrows and spends puts us even closer to a day of reckoning.
The Treasury Department says it will employ measures to avoid an unprecedented default on the national debt this summer, but officials say those measures could be exhausted "much more quickly" than normal given the unusual circumstances of the g
We've been talking a lot about the specter of inflation. Despite the Fed's assurances not to worry because any price increases we're seeing are transitory, some people are indeed worried.
Josh Sigurdson reports alongside Tim Picciott, The Liberty Advisor on the shocking inflation numbers which even people like Warren Buffett are speaking out on.
Last week, when discussing the latest earnings call commentary, Bank of America said "Buckle up! Inflation is here", and showed a chart of the number of mentions of "inflation" during earnings calls which exploded, more than tripling YoY per comp
Fed Chairman Jerome Powell insisted once again last week that the inflationary pressures building up in America's overheating economy would be "transitory" (though the central bank is keeping a close eye on prices in keeping with its mandate),
"The Costs Are Up, Up, Up. We're Seeing Substantial Inflation" Admits A Surprised Warren Buffett As Powell, Yellen See Nothing
Ten years ago yesterday, silver made a run at its still seemingly ancient record price high of $50 oz.
What's the big "hubbub" over raising the minimum wage to $15/hour? After all, the last time the U.S. lifted the minimum wage was in 2009.
Skyrocketing lumber prices that have tripled over the past 12 months have driven the price of an average new single-family home to rise by $35,872, according to new analysis by the National Association of Home Builders (NAHB)...
Buffett has said most people will fare better by owning an S&P 500 index fund instead of betting on individual stocks