After jumping in November (post-election, led by Republicans’ confidence), UMich consumer sentiment was expected to extend its gains in preliminary December data released today and it did, but the picture was mixed. […]
Cyber Weekend e-commerce sales grew 9% in the US this year, up from 6% in 2023, according to data from Salesforce. The growth took place even as the average discount in the US shrank by 2% from last year, to 28%. […]
CryptoNews.com: Ripple’s XRP token has just flipped BNB to become the fourth-largest cryptocurrency, excluding stablecoin Tether (USDT), as $225 million worth of XRP tokens goes on the prowl. XRP traded as high as $1.766 today […]
ZeroHedge.com: On the surface, it was an blockbuster jobs report, certainly one which nobody expected. Starting at the top, the BLS reported that in January the US unexpectedly added 353K “jobs” – the most since January 2023 […]
TheEconomicCollapseBlog.com: U.S. consumers are getting weaker and weaker and weaker. Today, debt levels have risen to unprecedented heights, but thanks to roaring inflation our standard of living has been steadily going down. Most Americans are working extremely […]
CoinTelegraph.com: Elon Musk envisions X as an all-encompassing financial platform, embracing every aspect of users’ financial lives, from money and securities to eliminating the need for traditional bank accounts. Elon Musk-owned X (formerly Twitter) aims to […]
DollarCollapse.com: The hardest part of writing this kind of post is sorting through all the red flags. There are just too many these days. So here are the handful that look scariest at the moment: […]
TheEpochTimes.com: Political polarization, inflation, and high interest rates are all working together to undermine consumers and their propensity to spend, he warns. The all-mighty American consumer, whose spending drives the economy, is reaching a breaking […]
ZeroHedge.com: The Great Debt Crisis of our lifetimes is approaching. As S&P Global recently noted, global debt has just hit $300 TRILLION for the first time in history. As if that wasn’t jaw dropping enough, […]
CNBC.com: While having a perfect 850 credit score is impressive, you don’t necessarily need it to unlock the best benefits. “Typically, once you hit the mid-700s, you’re considered to have excellent credit and there’s no practical benefit to […]
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