Mad Times FinancialYour World...Your Money...Your NewsFebruary 2024

FedEx Founder Issues Dire Warning About ‘Unsustainable’ Government Debt

February 19, 2024 RickMad Comments Off

TheEpochTimes.com: The founder of FedEx has added his voice to the chorus of views expressing concern about out-of-control spending in Washington. Fred Smith, the founder of executive chairman of shipping giant FedEx, is the latest […]

Inside The Most Ridiculous Jobs Report In Recent History

February 2, 2024 RickMad Comments Off

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 […]

Peter Schiff: The Economy May Already Be in Recession

February 1, 2024 RickMad Comments Off

SchiffGold.com: Recent data have many cheerful about the economy. But according to Peter in his latest podcast, the economy may already be in recession. Here are some of Peter’s biggest causes for concern: The recipe for […]

Housing Market

Hottest Homes, Coolest Prices: Why Cash-Strapped Families Are Moving To Regions With Extreme Climates

NBCNews.com: “People are much more fixated on budget and being close to family or work than thinking about climate risk,” one housing expert said. Families priced out of the white-hot [...]
Federal Reserve

Fed Holds Off On Rate Hike For Second Straight Meeting

TheHill.com: The Federal Reserve left interest rates unchanged Wednesday, the first time in nearly two years that the central bank paused rates over the course of two consecutive meetings. Advertisements [...]
Technology

Can We Stomach the Latest Emerging Food Innovations?

BBC.com: As world leaders gather in Glasgow, and prepare to chow down at numerous COP26 buffets, food technologists urgently want them to grasp the role alternative proteins might play combatting [...]
Personal Finance

12 Mistakes People Make While Paying Off Debt That Only Cost Them More

Finance.yahoo.com: Ours is a nation steeped in debt. The average American has $90,460 in money owed, according to a CNBC report. This past spring, American household debt hit a record-smashing [...]
Housing Market

Home Sales Fall in June as Listings Dwindle

Realtor.com: The numbers: A persistent lack of homes for sale combined with strong home-buying demand pushed home prices up in June to the highest level in a year. The total number [...]
Cryptocurrency

Facebook’s been One of the Strongest FAANGs This Year. Here’s Why it’s Just Been Downgraded.

Marketwatch.com: The FAANG stocks haven’t really had much in common this year, with performance ranging from a 58% surge in Google parent Alphabet GOOG, +1.11%, to a 2% drop in online retailing giant [...]