A permanent downward trend or a blip on the radar? Either way, the backlash against Twitter for deleting President Donald Trump and targeting conservative users has seeped into the stock. During pre-market trading, Twitter shares tumbled as much as ten percent to around $45. It should be an interesting stock to monitor through the Monday […]
Money
INFLATION ALERT: Global food prices soar to six-year high amid COVID-19 crisis
There is no inflation if you don’t eat… According to a new United Nations report, global food prices have soared to their highest levels in six years, and they are anticipated to keep rising in 2021. Since May, the UN’s Food & Agriculture Organization said, international food prices have surged 18 percent, due to roaring […]
COVID-19 pandemic triggers default wave as U.S. corporate bankruptcies hit 11-year high
It was a rough 2020 for the business community? It will take years to understand the impact that the government’s hysterical response to the coronavirus was on the economy and the private sector. But we are beginning to get some compelling data that will scratch the surface. According to data compiled by Bloomberg, there were […]
Will 2021 be the year of crude oil?
By: Andrew Moran It was the best of times, it was the worst of times, and it was the modest of times. A different take on Charles Dickens’ illustrious sentence would be most suitable to describe the state of energy markets in 2020. West Texas Intermediate (WTI) and Brent crude prices were on track to […]
Hospitals required to post prices online, enabling patients to shop around
One of the main problems with American healthcare is the paucity of transparency. It is rare to know what you are paying for at the hospital or a medical clinic, especially when you have health insurance. Economic Collapse News has documented several smaller offices that have posted prices, making it clear what it costs for […]