Helping You Survive and Prosper in the Greater Depression
At this rate, the U.S. national debt could top $34 trillion when the world flips the calendar to 2024. Since Friday the 13th, the national debt has risen by more than $60 billion to above $33.59 trillion, according to the Treasury … [Continue reading] about Scary! $60 billion added to the national debt since Friday the 13th
The 2024 presidential election is a year away. President Joe Biden is running for re-election. Republican candidates are trying to topple former President Donald Trump, who is, according to the polls, wiping the floor with the field. But … [Continue reading] about Election 2024: Donald Trump has raised more money than Biden, GOP challengers
The Strategic Petroleum Reserve (SPR) fell in the last week, according to new Energy Information Administration (EIA) data. For the week ending October 6, emergency stockpiles fell to 351.274 million barrels, down from 351.280 million … [Continue reading] about SPR shrinks again as U.S. maintains 17 days’ worth of emergency oil supplies
The U.S. annual inflation rose for the third consecutive month in September, although it was more of a rounding error (3.67 percent to 3.72 percent). On a month-over-month basis, the consumer price index (CPI) jumped 0.4 percent, topping market … [Continue reading] about U.S. inflation comes in hotter than expected on rising gasoline, shelter costs
All the business news headlines involve the spike in producer prices. To summarize: The September producer price index (PPI) climbed 0.5 percent month-over-month and rose to 2.2 percent year-over-year. Core PPI, which omits the volatile … [Continue reading] about Producer prices climb to six-month high but revisions dominate the report