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View post on imgur.com Approximately 70 million Americans will see a 5.9% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2022. Federal benefit rates increase when the cost-of-living rises, as measured by the Department of …
What’s behind the Washington, DC murder spike? The capital of the United States of America is threatening to reclaim its reputation as the nation’s murder capital, as well. According to preliminary data for 2023 from Washington, DC’s Metropolitan Police Department, …
Russia has announced it is withdrawing from nuclear test ban treaty Russia to Reverse Nuclear Test Ban Pact Ratification, Envoy Says Russia’s envoy to the Comprehensive Nuclear Test Ban Treaty Organization (CTBTO) said on Friday that Moscow will revoke its …
The jump in various food commodity prices is not entirely due to inflation. However, rising food prices certainly are contributing to the ongoing issue. It truly is a unique time to be an investor/trader. Follow us @KobeissiLetter for real time …
Netflix Plans to Raise Prices After Actors Strike Ends Company to become the latest streamer to lift fees; Disney weighs launching a new live-sports tier abroad Netflix NFLX -0.94%decrease; red down pointing triangle plans to raise the price of its …
via MSN: CVS is set to close hundreds of stores across the country as it undergoes a complete retail overhaul – as more outlets move towards online sellers amid rampant increases in crime. The major drugstore chain is coming to …
via DCG: America is in decline, particularly in democrat-run cities. As a result, our nation is facing the folowing: Increased inflation and interest rates Increased debt (both for the nation and many individual households) Disasterous “Defund the Police” policies Increased …
Hospitals in Maryland has seen a spike in serious injuries and deaths among patients caused by medical errors during fiscal year 2022, according to a new report from the Maryland Department of Health’s Office of Health Care Quality. The state …
CVS is set to close hundreds of stores across the country as they undergo a complete retail overhaul – as more stores move towards online sellers amid rampant increases in crime. The major drugstore chain is coming to the end …
by Dismal-Jellyfish https://www.bls.gov/news.release/pdf/ppi.pdf https://data.bls.gov/timeseries/WPSFD4&output_view=pct_1mth The Acceleration of Inflation in the Second Half Has Begun, “Disinflation” Honeymoon Terminated The Consumer Price Index (CPI) jumped by 0.63% in August from July, the biggest month-to-month increase since June 2022. Annualized, this amounts to a …
Makes sense, with the acceleration in credit card defaults hitting levels higher than even the 2008 Financial Crisis pic.twitter.com/AA0i4w9S97 — Bravos Research (@bravosresearch) September 12, 2023 BREAKING: Delinquency rates among credit cards issued by smaller banks are the highest on …
by Chris Black It’s almost like the whole world is filled with hormone-disrupting chemicals, huh? Daily Mail: Record numbers of young girls are hitting puberty too soon – with some as young… Continue reading by subscribing. Username Password Remember Me …
via Mike Shedlock: If the Fed is taking economic clues from the Services ISM or from energy, it’s not done hiking. Manufacturing is a different story. ISM chart and excerpts below by permission from the Institute for Supply Management® ISM® …
by confoundedinterest17 Another (economic report) bites the dust! U.S.-based employers announced 75,151 cuts in August, a 217% increase from the 23,697 cuts announced one month prior. It is 267% higher than the 20,485 cuts announced in the same month in 2022, As M2 …
by EuphoricTrilby Bidenomics: Create 15% food inflation with reckless Covid policy and mandates, then take credit for when inflation “falls” to 6%. https://www.ers.usda.gov/data-products/food-price-outlook/summary-findings/ Americans work three jobs in a single household to put food on the table. Americans on Maui …
via wikipedia: The candy bar protest, also known as the 5 cent chocolate war, the 5 cent war and the chocolate candy bar strike,[1] was a short-lived 1947 protest by Canadian children over the increase in price of chocolate bars …
via CNBC: Part time workers will make $21 from currently $15.50. Full time workers will be paid $49 an hour an increase of $7.50 over the contract. Total compensation with benefits will be $170,000. Average base pay before overtime or …
via Mike Shedlock President Biden accuses China, Germany, and Canada of dumping steel used to package canned goods. The result will be higher prices for everything canned including soup, sauces, and vegetables. New Tariffs on Food-Can Metal From China, Germany …
by Dismal-Jellyfish https://www.newyorkfed.org/medialibrary/media/Survey/business_leaders/2023/2023_08blsreport.pdf Wages and Prices expected to continue rising over the next 6 months. TLDRS: New York Federal Reserve Bank’s August 2023 Business Leaders Survey shows the region’s (New York, southern New Jersey, and southwestern Connecticut) service sector activity …
Grocery prices rose 3.6% for the year, higher than the overall 3.2% increase of consumer prices, per CNN. Food altogether, including menu prices, went up 4.9%. — unusual_whales (@unusual_whales) August 15, 2023 Food and Gas Prices Continue to Rise, Putting …
Bankruptcies by sector are even more concerning Consumer discretionary leads with 48 bankruptcies, a sign that consumers are feeling the pain. Industrials is next, at 46, another sign of pain from higher rates. Follow us @KobeissiLetter for real time analysis …
by Chris Black Not sure why the US wasn’t able to predict this when they did those sanctions! Remix: Russia has now become the main crude oil supplier of India, one of the world’s largest… Continue reading by subscribing.
The Fed has been clear that 2% is their inflation target. Now, we have inflation rising again and hovering near the 3% mark. Will the Fed raise their inflation target or will they finally get it under control? Follow us …
Higher cost for consumers… ” How Yellow’s Bankruptcy Is Rippling Through the U.S. Economy – WSJ ” ” Industry experts say they expect prices to rise with Yellow’s rates now off the table for many shipping customers.” https://www.wsj.com/articles/yellow-bankruptcy-us-economy-e2761b0b “… we …
https://twitter.com/Econimica/status/1686999658483314688 Stages of a Super Bubble (used S&P 500 from 2010 to 2023). There's nothing to fear, Minsky Moment is here… pic.twitter.com/tdc025i3pd — Minsky Moment (@BP_Rising) August 2, 2023 https://twitter.com/Econimica/status/1686861898225246208
The US govt is dramatically increasing its planned amount of debt it issues in the next 12 months. 🚨 Monthly Auction Sizes +60% by August Next Year vs the previous year. The USA has to finance over $2 trillion …
Florida has seen a huge surge in leprosy cases, with rising evidence suggesting the disease is becoming endemic in the southeastern United States. Leprosy, which is scientifically known as Hansen’s disease, is a chronic infectious disease that primarily affects the …
via Mike Shedlock: Median new home prices are plunging. What will homebuilders do for an encore to entice buyers? Median new home sales prices vs new home sales, data from the Census Department, chart by Mish Existing homes sales prices …
Exposure to extreme heat and pollution may double risk of a deadly heart attack, study shows As heat waves and wildfire smoke continue to affect parts of the United States, doctors are warning that people need to watch their heart …
