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News & Articles By Mary Villareal
07/20/2022
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By Mary Villareal
Port of Los Angeles director: US supply chain at risk if rail service does not improve
Gene Seroka, executive director of the Port of Los Angeles (POLA), warned that the country’s supply chain could be at risk if rail service does not improve. He issued his warning amid POLA reporting record figures for June 2022. “All eyes are focused on improving the rail product, full stop. The bottom line is that we […]
07/19/2022
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By Mary Villareal
Wholesale inflation surges 11.3% year-over-year in June
Inflation hit hard at wholesale levels in June as producer prices surged by near-record amount from last year due to energy costs increase. According to the Bureau of Labor Statistics (BLS), the producer price index (PPI), which measures the prices received for final demand products, increased 11.3 percent – just short of the 11.6 percent record […]
07/15/2022
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By Mary Villareal
Consumer prices continue to soar as US battles worst inflation in 41 years
Consumer prices continue to soar as the U.S. battles with its worst inflation in 41 years. Meanwhile, wages have fallen for the 15th straight month. If this continues, Americans will see an economic collapse on the way. The Consumer Price Index (CPI) soared 9.1 percent year-over-year compared to the 8.8 percent and 8.6 percent in previous months. […]
07/10/2022
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By Mary Villareal
Survey says: More Americans are struggling financially due to inflation and rising gas prices
A survey by Monmouth University found that more Americans are struggling financially due to inflation and rising gas prices. Around 42 percent said they are struggling to make ends meet financially amidst soaring prices, the highest recorded by the university since it began polling people five years ago. Americans are now spending more on their utility and grocery bills in the wake […]
06/30/2022
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By Mary Villareal
Age of un-retirement: Former retirees getting back to work as inflation gets worse
Former retirees are joining the workforce once more as inflation becomes worse, in a trend dubbed as “un-retirement.” An April 2022 report from the Indeed Hiring Lab revealed that around 1.7 million people who retired in 2021 rejoined the workforce by March 2022. Its findings indicated that labor force is heading back to pre-pandemic levels. […]
06/29/2022
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By Mary Villareal
Survey: Americans have changed their spending and eating habits to cope with Biden’s inflation
A new survey by global intelligence company Morning Consult found that most of American consumers have changed their eating and drinking habits because of the rising costs of living. Around eight in ten people have now cut back on their trips to restaurants and bars, and a vast majority said they have also changed their shopping habits, […]
06/26/2022
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By Mary Villareal
Millions of Americans pushed out of the housing market as prices soar
Costs of homes have skyrocketed in most parts of the United States, pushing millions of Americans out of the housing market, as per Harvard University‘s annual State of the Nation Housing Report. At today’s home prices, a first-time buyer would have to shell out $27,400 or seven percent of the home sales price as a down […]
06/24/2022
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By Mary Villareal
Glimpse of the future: Protests, violence put a spotlight on Sri Lanka’s collapsing economy
People in Sri Lanka have been rioting over the cost of food and lack of energy resources. The military has responded by gunning down protesters. This offers a glimpse of the future if Western countries continue their trajectory of inflations, supply chain issues, food shortages and gas price hikes. Once society collapses, people are the ones to […]
06/23/2022
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By Mary Villareal
Biden to provide $140 million to Mozambique while Americans suffer from worsening inflation
The Joe Biden administration has announced its plans to provide $14 million annually over the next decade to the Mozambique province of Cabo Delgado in an effort to rebuild the region after it was overrun by Islamic terrorists in recent months. InfoWars host Owen Shroyer broke down the issue and why this is a problem. […]
06/23/2022
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By Mary Villareal
Central banks trying to combat inflation as Europe and US face likelihood of recession
Deutsche Bank CEO Christian Sewing has revealed that central banks around the world are forced to aggressively tighten their monetary policies to combat inflation because Europe and the U.S. face a high likelihood of recession. The U.S. Federal Reserve, European Central Bank (ECB), Swiss National Bank and the Bank of England have all made their move […]
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