marketcrash
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News & Articles By Cassie B.
12/05/2024
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By Cassie B.
U.S. pension systems are on the verge of debt collapse
Pension systems throughout the U.S. are falling deeper into what experts term “pension debt paralysis,” even in the face of record-setting contributions from state and local governments. The city of Milwaukee was recently given a grade of D by Truth in Accounting for its financial position due to its pension system’s huge net liability of […]
11/21/2024
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By Cassie B.
Target posts huge earnings miss ahead of holiday season as consumers struggle with high prices
Big box retailer Target saw its shares drop 20% to reach a 52-week low after cutting its forecast and posting its most dramatic earnings miss in two years ahead of the holiday season. The bad news comes despite the store reducing prices on thousands of goods and competitor Walmart beating expectations. Target announced on Wednesday […]
11/17/2024
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By Cassie B.
Fed pulls half of credit available from BTFP, engineering a potential banking crash to be thrown in Trump’s lap
The Fed’s latest move has some observers warning that we could be about to experience another crash. X user @FinanceLancelot cautioned: “The Federal Reserve’s emergency BTFP dropped by a shocking $30 billion this week, leaving only $26 billion left.” “Jerome Powell is pulling the liquidity rug away to trigger a crisis, exactly like Feb 2020,” […]
10/28/2024
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By Cassie B.
Russia rolling out blockchain payments in BRICS to move away from dollar
Russia is making another push to its fellow BRICS nations to move away from the U.S. dollar. BRICS is rapidly growing, expanding from the original nations that help form its name of Brazil, Russia, India, China, and South Africa to encompass 10 countries, adding Egypt, Ethiopia, Iran, Saudi Arabia and United Arab Emirates to its […]
10/18/2024
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By Cassie B.
Desperate lab-grown meat industry claims it needs government subsidies to survive
Lab-grown meat is proving to be a spectacular failure, and producers are becoming so desperate that many are pushing for a public subsidy to stay afloat. Preliminary data from the venture capital firm AgFunder shows that funding in the lab meats sector fell by 78% in 2023 to reach $177 million, down from $807 million […]
10/14/2024
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By Cassie B.
Consumer Price Index rises more than expected as Americans pay more for everything amid ongoing inflation
The latest Consumer Price Index report has just been released, and it showed a higher rise than expected, marking the 52nd straight month of core consumer price rises on a month-over-month basis. The 2.4% increase recorded in September on an annual basis was slightly higher than the 2.3% that was forecast for the index, which […]
10/02/2024
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By Cassie B.
Major supply chain disruptions expected as half of American ocean shipping grinds to a halt due to dockworkers’ strike
The first widescale stoppage in U.S. ocean shipping in half a century is currently underway as dock workers on the East Coast and Gulf Coast started a strike on Tuesday following a breakdown in new labor contract negotiations. The affected ports are responsible for half of all American imports and billions of dollars in monthly […]
09/30/2024
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By Cassie B.
Gold and silver hit record highs amid geopolitical tensions and Fed rate cuts
As geopolitical tensions continue to heighten, gold and silver prices are surging, compounded by weak American economic data and potential rate cuts by the Federal Reserve. On Tuesday, gold hit a historic high of $2,657 dollars in a 1.1% gain on the day, before hitting another record high on Thursday of $2,685.58. So far this […]
08/23/2024
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By Cassie B.
TRUTH FINALLY EXPOSED: Biden’s economy revealed as completely fake as shocking jobs revision numbers are reluctantly released
The administration of President Joe Biden did its best to avoid admitting the truth, but it’s all out in the open now: They conveniently overestimated the number of new jobs in the United States during the past year by nearly a million. Although many economists have long suspected that the Biden administration was inflating the […]
08/09/2024
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By Cassie B.
Western brands take big financial hit in Muslim countries from boycotts over their ties to Israel
Several major Western food brands have been noting significant financial losses in Muslim countries in the wake of ongoing boycotts against companies that do business with Israel. Many consumers in countries such as Saudi Arabia, Egypt, Pakistan and Indonesia have been boycotting firms that they believe are supporting Israel as it commits genocide against the […]
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