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 […]
FoxBusiness.com: Fed’s preferred inflation gauge ticks higher in August. An inflation measure closely watched by the Federal Reserve ticked higher in August as steep prices continue to squeeze millions of U.S. households. The personal consumption expenditures (PCE) […]
CNN.com: US pending home sales dropped 7.1% in August from the month prior as mortgage rates surging over 7% in August to levels not seen in 20 years packed a punch. Pending sales had been […]
Schiffgold.com: Interest rates continue to push relentlessly higher. As Peter Schiff explained in his podcast, that’s a big problem when the entire economy is built on a foundation of cheap money. But most people in […]
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, […]
NYTimes.com: The fiscal milestone comes as Congress is facing a new spending fight with a government shutdown looming. America’s gross national debt exceeded $33 trillion for the first time on Monday, providing a stark reminder of the […]
CNBC.com: U.S. homebuilders are feeling pessimistic about their business for the first time in seven months, thanks to stubbornly high mortgage rates. Builder confidence in the single-family housing market fell 5 points in September to […]
FoxBusiness.com: The yield curve inversion has continued for 212 days, Campbell Harvey says. Yield curve pioneer Campbell Harvey warned the Federal Reserve against raising rates again later this year, telling FOX Business on “The Claman Countdown” […]
BusinessInsider.com: “Shark Tank” star Kevin O’Leary thinks high interest rates are about to spark a fresh bout of chaos in the US economy. The famed investor pointed to high interest rates as the result of […]
FoxBusiness.com: The cost would increase to $250 starting in 2029. A Republican lawmaker in Florida proposed a registration fee aimed at helping make up for lost gas tax dollars. State Senate Transportation, Tourism and Economic Development Appropriations Chairman […]
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