Thank frackers on Independence Day for cheaper gas prices

The Fourth of July is coming up. As you gear up for watching fireworks, eating hot dogs and driving to your in-laws, you should also spend a few moments thanking the frackers for lower gasoline prices. Ahead of Independence Day, gas prices are at … [Read more...]

Seattle low-wage workers saw incomes drop amid higher minimum wage

If only the minimum wage would increase to $13, $15 or $20 would poverty be eliminated! Well, only in the minds of the likes of Bernie Sanders and Kshama Sawant. The National Bureau of Economic Research (NBER) published a new study that found … [Read more...]

Week in Review: June 19 to June 25

In case you missed any of this week's articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: Is the right becoming a bunch of sensitive snowflakes like the left? The Rise of Bitcoin: Central Banks … [Read more...]

Infographic: What happens to trading when a market crashes?

What exactly happens to trading when a market crashes? This is the question after ethereum wiped out all of its value for a few seconds earlier this week, causing panic in the cryptocurrency market. StocksToTrade.com published an infographic this … [Read more...]

6 random things for Friday (San Diego job losses, how Egypt has changed, Obamacare repeal?)

News Story of the Day: according to Massachusetts Democratic Senator Elizabeth Warren, the Republicans are paying for tax cuts with American lives. Huh? So giving the taxpayers back their money is killing people. This just further shows how anyone … [Read more...]

Snap Inc (SNAP) tumbles to $17 after Time Warner deal

Snap Inc (NYSE:SNAP) shares can't seem to catch a break, even after receiving a $100 million life raft from Time Warner. The fledgling stock has plummeted from $22 to $17 over the last month. Snapchat shares did spike above $18 when Time Warner … [Read more...]

‘At least cockroaches would pay off the debt’ – Argentina sells 100-year bonds

Over the last 12 months, a significant number of governments have hopped on the long-term bond bandwagon. Rather than tackling their debt levels head on, the likes of Mexico and Ireland are kicking the can down the road. The latest country to … [Read more...]

War on Cash & Bitcoin: U.S. government increases power on your money

The war on cash has been in full force over the last three years. The battle against digital currencies has only recently been waged. Now the United States government is combining its efforts to keep a close eye on you and your money. Last month, … [Read more...]

Week in Review: June 12 to June 18

In case you missed any of this week's articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: Federal Reserve’s June rate hike to cost Americans $1.7 billion in 2017 Is inflation the disease or … [Read more...]

6 random things for Friday (the rise of ethereum, media bias, capitalism)

News Story of the Day: that was surprising. Or was it? Amazon has announced that it is acquiring Whole Foods Market for around $14 billion. This was a logical move for the ecommerce giant as it enters into the world of grocery shopping. This … [Read more...]