marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
price hike
04/08/2022
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By Mary Villareal
Poor countries feel the brunt of surging prices as governments crank up handouts to help cover the costs
The surge in food and fuel prices has pressured governments to pick up the tab for their citizens, effectively stretching public finances and intensifying political instability in fragile economies. Government handouts have kept fuel and food price protests in check, but it may prove too much to bear for poorer countries. Protests have broken out […]
03/31/2022
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By Mary Villareal
THANKS, BIDEN: Small businesses struggle as highest inflation in decades wrecks US economy
Small business owners are getting increasingly worried about the impact of inflation, with the majority raising prices to offset their financial burdens. A recent survey from the Chamber of Commerce and MetLife found that 85 percent of small business owners are concerned about the effects of the highest inflation to hit the United States in four […]
03/24/2022
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By Mary Villareal
Maryland and Georgia suspend gas taxes, other states to follow in effort to hide Biden’s inflation
Maryland and Georgia have halted their collection of gas taxes in an effort to hide the effects of Biden’s inflation from the American people. In Maryland, the emergency bipartisan legislation signed by Governor Larry Hogan will suspend the gas tax for 30 days and will save the residents 36.1 cents per gallon for diesel. Hogan said […]
03/14/2022
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By Kevin Hughes
Global markets in state of chaos due to Russia-Ukraine War
Many people thought that the global financial markets would not be affected by the Russia-Ukraine War. They were wrong. Investors have received a harsh warning during the past week with the stock prices plunging, commodity prices going absolutely crazy and a dark cloud of fear blanketing Wall Street. The war in Ukraine has forever transformed economic […]
12/06/2021
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By Cassie B.
45% of American households experiencing financial hardship thanks to Biden era inflation
With holiday shopping in full swing and temperatures dropping, 45 percent of American households are reporting financial hardship linked to recent inflation. This is according to a new Gallup poll that was carried out in November. Respondents were asked whether recent price increases had led to financial hardship for their household; if so, they were […]
11/19/2021
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By Mary Villareal
Higher food costs pose a huge challenge for food banks this Thanksgiving
Volunteers with the Greater Cleveland Food Bank have been giving out meals for struggling families, and the numbers are higher this year with 1,000 families to serve compared to 300 last year. While food banks are doing what they can to serve more families, higher food costs pose a huge challenge. Last year, Thanksgiving prices […]
11/12/2021
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By Mary Villareal
Republicans blame Biden’s policies, Democrats as US inflation reaches highest level in over three decades
Republicans blamed President Joe Biden and his fellow Democrats as inflation reached its highest in over three decades. According to the Consumer Price Index (CPI) released on Wednesday, Nov. 10, gas prices jumped 59 percent over the last year while the cost of meat increased 24 percent. Everyday consumer goods rose 6.2 percent in October 2021, which […]
11/11/2021
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By Arsenio Toledo
BIDENFLATION: Wholesale prices in September and October rise to record highs
The new wholesale inflation numbers from September and October prove that the rapid rise in the cost of everyday goods is not “transitory,” contradicting what President Joe Biden has repeatedly claimed. In September, inflation at the wholesale level rose by 8.6 percent compared to the same month last year. “Excluding volatile food and energy prices, wholesale inflation […]
11/04/2021
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By News Editors
As global food prices spiral out of control, panic buying of food will become increasingly common
Even in the best of years we struggle to feed everyone in the world, and the last two years have definitely not been the best of years. Global weather patterns have gone completely nuts, major natural disasters are happening with alarming frequency, and the COVID pandemic has played havoc with supply chains all over the […]
10/20/2021
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By Cassie B.
Thanksgiving might be very different this year thanks to turkey shortages, higher food prices
It’s hard for most Americans to imagine Thanksgiving without a turkey on the table, but that could well be a reality this year as farmers and producers are warning of an impending turkey shortage. Turkey company Butterball has warned that families may not be able to find smaller turkeys this year as the trend toward […]
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