The jobs hit parade is running in reverse. Hiring lowest in 14 years. Job Cuts on Cost-Cutting & AI Challenger, Gray, and Christmas notes Job Cuts on Cost-Cutting & AI U.S.-based employers announced 153,074 job cuts in October, up 175% from the 55,597 cuts announced in October 2024. It is up […]
The longest U.S. government shutdown in history – now tied at 35 days – is wreaking havoc on the energy sector, with far-reaching implications for the nation and the world. As the partial shutdown drags on, essential services are disrupted and the impacts are being felt across various sectors. The […]
When politicians talk tough on trade, they usually promise to protect American jobs. But sometimes those gestures do the opposite. The Trump administration’s proposed 100 percent tariff on large cigars imported from Nicaragua is a case in point. According to my latest research, the tariff would shrink US GDP by $1.26 billion, reduce […]
Depends on whom you ask Beijing made its move on October 26. Silver, along with tungsten and antimony, would now fall under strict export supervision starting November 2025. Not a quota. Not a tariff. Something much more surgical: every shipment will now need government approval. The self-reporting system? It’s gone. […]
As grocery prices have risen, demand at food banks throughout the country has surged to very alarming levels. At the end of 2024, I wrote about how demand at food banks had risen to record levels all over the United States. Unfortunately, demand has continued to rise in 2025, and now […]
Unless members of Congress intervene to prevent it, the food stamp program—also known as the Supplemental Nutrition Assistance Program (SNAP)—will be suspended beginning November 1. If the federal partial “shutdown” ends before then, the program will likely send out the usual billions of dollars to the nation’s 41 million recipients on […]
After many years of steady economic deterioration, a very dark cloud of economic pessimism hangs over our country. The cost of just about everything has been rising faster than paychecks have been, thousands of stores are closing all over the nation, and large corporations are conducting mass layoffs on a scale that […]
Both sides will announce a win. But no key issues will be resolved. Fundamental Issues Unresolved Bloomberg reports US-China Trade Truce Leaves Fundamental Issues Unresolved Three Key Takeaways US-China Trade Deal Issues Fundamentals Not Changed “Both sides now seem to be focused primarily on stability,” Daniel Kritenbrink, partner at The Asia Group […]
People all over social media are publicly threatening to steal food once their EBT benefits run out. Some of them are taking it one step further by threatening to get violent with anyone that tries to prevent them from stealing food. So what is our country going to look like […]
There are 42 million Americans at risk of losing access to SNAP food stamp benefits due to the prolonged government shutdown. The U.S. Department of Agriculture (USDA) does not have the ability to continue funding the program and funds will run dry on November 1. It is more alarming that […]