Social Security benefit cuts could be coming — here’s who it will affect first The fund faces insolvency within a little over a decade unless Congress takes action By Megan HenneyFOXBusinessclose…
And it has nothing to do with equity valuations. Sean Williams(TMFUltraLong) It’s been nothing short of a crazy year for Wall Street and investors. The panic and uncertainty caused by…
FILE PHOTO: A statue is seen next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany © Reuters / Kai Pfaffenbach Follow RT onIn another gloomy outlook for the…
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Today former U.S. Treasury official Dr. Paul Craig Roberts told King World News when the price of gold hits $2,500-$3,000 an ounce, the Fed will see the writing on the…
© CC0OPINION by Oleg Burunov19419 In June, US Department of the Treasury data revealed that America’s national debt had exceeded $26 trillion for the first time in the nation’s history, as the…
Today one of the greats in the business warned investors to get prepared because “it’s about to get worse.” GET READY: Inflation – It’s About To Get Worse(King World News) – Alasdair…
by Michael Snyder Over the past several months we have been witnessing one of the most gloriously irrational stock market rallies in U.S. history. Even CNN is admitting that this is “the worst…
Mish The BLS changed its seasonal adjustment model starting today going forward. The change skewed the data in a positive manner. Additive vs Multiplicative Method Change BLS Explanation Beginning with…
By William Watts, MarketWatch and Sunny Oh Apple sees biggest one-day fall since March GETTY IMAGES Technology and other high-flying stock sectors suffered steep losses Thursday as investors appetite waned…
FILE PHOTO: The Hollywood sign in Los Angeles, California, the US © Reuters / Patrick T. Fallon Follow RT onJob cuts announced by US employers have hit nearly 2 million…
Little foreign taste for the inflato-dollar. The Fed had to buy nearly half of it outright Wolf Richter Remember the ridiculous and quaint charade around the “Debt Ceiling” in Congress…
FILE PHOTO: The Sydney Opera House at sunset in Australia © Reuters / Steven Saphore Follow RT onAustralia has become the latest country to officially enter recession – its first…
© Getty Images / Peter Dazeley Follow RT onIn the latest episode of the Keiser Report, Max and Stacy analyze a recent policy shift announced by the US Federal Reserve…
The European Central Bank (ECB) failed to get inflation to its target as the eurozone slid into deflation for the first time in years amid coronavirus chaos. RT’s Boom Bust…
© REUTERS / Rick WilkingUS WASHINGTON (Sputnik) – The US budget deficit is expected to more than triple from last year’s level to reach a record $3.3 trillion in 2020…
By Gary D. Barnett “It is important to remember that government interference always means either violent action or the threat of such action. Government is in the last resort the employment…
© AP Photo / Olivier HosletEUROPE GENOA, Italy (Sputnik) – The EU is going to face a strong economic shock in the coming months that will challenge European solidarity and…
FILE PHOTO: A street in Kolkata, India © Reuters / Rupak De Chowdhuri Follow RT onIndia could be entering a deep recession as its GDP contracted by a record 23.9…
by Michael Snyder I’m just going to be very blunt with you. Things have already gotten quite crazy, but they are going to get even crazier. Global food supplies have already…
Authored by Charles Hugh Smith via OfTwoMinds blog, The extremes are not visible to the vast majority of participants, and so they are exposed to high levels of risk they…
Today the man who predicted the global collapse and has become legendary for his predictions on QE and historic moves in currencies and metals warned we are now headed for…
£30billion tax raid on Britain’s wealthy is being planned to pay for Covid crisisTreasury officials are drawing up plans to target the well-off to fix UK financesRishi Sunak is looking…
by IWB ………More Here…
by IWB I generally only track the bigger USA layoffs, the real story is the volume of smaller layoffs. Any companies related to travel have been hammered: airlines, hotels, airport support.…