A Quarter Of All Household Income In The US Now Comes From The Government
By Tyler Durden Following today’s release of the latest Personal Income and Spending data, Wall Street was predictably focused on the changes in these two…
By Tyler Durden Following today’s release of the latest Personal Income and Spending data, Wall Street was predictably focused on the changes in these two…
By Tyler Durden A depressionary perfect storm continues to crush households as tens of millions of Americans are reporting they didn’t have enough to eat…
By Derrick Broze Clearly, 2020 has been unlike any previous year in the last century or so. The world is currently battling against an infodemic…
By Patrice Lewis It’s among the most dreaded news imaginable: You’ve been laid off from your job. In the last few months, this scenario has…
By Tyler Durden The eviction moratorium expired last Friday nearly four months after the US economy effectively shutdown due to the covid pandemic, and more than 12…
By Tyler Durden US stock prices are at record highs and credit spreads near record lows amid hopes and prayers for the v-shaped recovery which…
By Tyler Durden Disney’s ESPN has almost $1 billion in ads hinging on whether or not college football season is going to happen this year. The…
By Tyler Durden The White House and Senate Republicans are set to propose cutting the $600 weekly emergency unemployment bonus down to $200 until states…
By Stefan Gleason With silver breaking out decisively to the upside, bears are running for cover. We had noted in our July 13th News Alert,…
By Tyler Durden With the Trump Treasury sitting on $1.8 trillion and three months to spend it, the White House and Senate Republicans are set…
By Jon Miltimore Before COVID-19, Annie Frodeman held two-part time jobs, one as a ramp agent for Piedmont Airlines in Burlington and another registering ER…
By Tyler Durden The Federal Housing Administration (FHA) was able to stop evictions of renters during the coronavirus pandemic. The Coronavirus Aid, Relief, and Economic Security Act (CARES)…
By Tyler Durden AT&T Inc., for the first time, disclosed how many customers stopped paying their phone bill because of economic hardships related to the virus-induced recession, reported…
The number of permanently closed business is surging across America and no major media outlet is sounding the alarm. These are lives ruined, jobs lost,…