marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
economic collapse
12/13/2024
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By Ava Grace
Report: U.S. manufacturing sector slashed 26,000 jobs in November as industry woes persist
The U.S. manufacturing industry shed 26,000 jobs in November, following a loss of 19,000 jobs in October Private employers added 146,000 jobs in November, falling short of analysts’ expectations of 150,000, with goods-producing industries showing only a 6,000-job gain. Manufacturing was the weakest sector, and another report highlighted that the industry has been contracting for […]
12/06/2024
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By News Editors
Europe is again on the brink of financial Armageddon. This time it may not step back
How they laughed when Britain’s hard-won reputation for pragmatic and stable government descended into chaos in the aftermath of the vote for Brexit. (Article by Jeremy Warner republished from Telegraph.co.uk) How they gloated and delighted in saying “told you so” when Liz Truss threw caution to the wind and in an act of breath-taking recklessness […]
12/05/2024
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By Ethan Huff
Trump fires warning shot at BRICS, threatens “100% tariffs” if China, Russia develop U.S. dollar alternative currency
On Truth Social this week, President-elect Trump fired warning shots at the BRICS alliance, which is threatening to create an alternative to “the mighty U.S. dollar,” as Trump called it. With Russia and President Putin leading the way, BRICS is feverishly working to offload all dependence on the U.S. dollar, which is more honestly called […]
11/25/2024
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By Laura Harris
Walmart CFO warns customers of potential price increases if Trump implements new tariff plans
Walmart Chief Financial Officer John David Rainey has warned the public that the retail giant would have to raise its prices if President-elect Donald Trump pushed through with his new plans to impose tariffs. During the campaign period, Trump vowed to impose a 60 percent to 100 percent tariff on imports from China and a […]
11/25/2024
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By Ava Grace
Credit card debt hits record $1.17 trillion, New York Fed research shows
Household debt in the United States grew by another $147 billion over the third quarter of 2024, with credit card debt being one of the leading drivers of the new debt. This is according to the Quarterly Report on Household Debt and Credit from the Federal Reserve Bank of New York’s Center for Microeconomic Data, […]
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 […]
11/19/2024
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By Ava Grace
DNA testing giant 23AndMe terminates 40% of its workforce amid falling revenues
DNA-testing giant 23AndMe is laying off 40 percent of its workforce, amounting to about 200 employees who will soon be out of a job. The company will also be discontinuing its therapeutics division as it struggles to slash costs amid rising operational expenditures. In a prepared statement, 23AndMe CEO and co-founder Anne Wojcicki said the […]
11/07/2024
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By Kevin Hughes
Mike Adams: Trump and RFK Jr. are not enough to prevent the COLLAPSE of the U.S. Empire
Even men with the best intentions, such as President-elect Donald Trump and Robert F. Kennedy Jr., cannot prevent the eventual collapse of the U.S. Empire. The Health Ranger Mike Adams issued this warning during a recent edition of the “Health Ranger Report.” Even if new people are placed in federal government under a second Trump […]
11/05/2024
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By Laura Harris
Disappointing BLS report: U.S. economy only created 12,000 new jobs in October due to hurricanes and labor strikes
The latest Bureau of Labor Statistics (BLS) jobs report has revealed that the economy of the United States only grew by a paltry 12,000 jobs in October, with major labor strikes and natural disasters like hurricanes cited as contributing factors. This BLS survey collection, conducted a month before the 2024 presidential election, shows that the job growth […]
11/05/2024
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By Ava Grace
PepsiCo to shut down four bottling plants and cut over 400 jobs
International beverage and snacks giant PepsiCo has announced its plans to shut down four bottling plants in the United States, laying off nearly 400 workers. The New York-based company said it will be closing bottling plants in Cincinnati, Chicago, Atlanta and Harrisburg, Pennsylvania in an effort to streamline its operations. Affected employees will be paid […]
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