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News & Articles By Belle Carter
01/26/2023
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By Belle Carter
Government watchdog: Over $60B lost to pandemic unemployment benefits fraud
The Government Accountability Office (GAO) has stated in a report that more than $60 billion was lost to unemployment insurance fraud during the Wuhan coronavirus (COVID-19) pandemic. According to the government watchdog’s report made public on Jan. 23, state workforce agencies proved $4.3 billion were fraudulently claimed. Moreover, at least $45 billion in transactions, while not […]
01/26/2023
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By Belle Carter
NY Stock Exchange cancels early trades after glitch impacts 200+ stocks
The New York Stock Exchange (NYSE) canceled early trades Tuesday, Jan. 24, after a technical issue halted trading in more than 200 stocks. According to the exchange’s website, it “commenced continuous trading in 2,824 of 3,421 NYSE-listed securities without attempting to conduct an opening auction due to a technical issue.” The snag was “determined to be […]
01/25/2023
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By Belle Carter
Brazil and Argentina discuss common currency for financial, commercial transactions that avoiding using the US dollar
The leaders of Brazil and Argentina have recently announced that talks toward a common currency for financial and commercial transactions to improve economic integration are advancing. Brazilian President Luiz Inacio Lula da Silva and Argentinian President Alberto Fernandez shared details about the common currency talks in a jointly-written article. The piece published in the website […]
01/25/2023
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By Belle Carter
NOW OR NEVER: Japanese PM Kishida calls for urgent action to halt population collapse
Japanese Prime Minister Fumio Kishida recently announced that the nation must take urgent steps to address the country’s declining birth rate, saying it was “now or never” for the world’s oldest society. “Our nation is on the cusp of whether it can maintain its societal functions,” Kishida said in a policy speech at the opening […]
01/18/2023
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By Belle Carter
To increase or not to increase: Republicans and Democrats clash over $31.4 trillion debt ceiling
Treasury Secretary Janet Yellen notified the country’s lawmakers last week that Congress needs to decide whether or not to proceed with the increase of the $31.4 trillion national debt limit. According to Yellen, the U.S. will hit its cap on Thursday, January 19. Once that happens, she will not be able to issue new debt without […]
01/17/2023
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By Belle Carter
Glenn Beck warns: The East dumping of the petrodollar brings US economy closer to COLLAPSE
Eastern countries eschewing the petrodollar to buy Russian oil in their own respective currencies could bring the U.S. economy closer to collapse, warned conservative radio host Glenn Beck. During a recent episode of “The Glenn Beck Report,” Beck pointed out that countries in the East such as China and Saudi Arabia are dumping the U.S. […]
01/10/2023
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By Belle Carter
Report: 91% of altcoin projects following 2014 crypto collapse are now completely abandoned
Crypto website CoinKickoff recently released a report showing the failures of altcoin projects and the sustained success of bitcoin in an industry riddled with scams and frauds. Altcoin is an alternative digital currency to bitcoin that first appeared in 2011. Data revealed that 91 percent of coins created following the 2014 cryptocurrency market crash are now completely abandoned. A large […]
01/10/2023
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By Belle Carter
Gold Newsletter: 2023 will be a bearish year for stocks and bonds, but a bullish one for precious metals
The 2022 year-end issue of the Gold Newsletter predicted that financial trends for 2023 will be bearish for stocks and bonds and bullish for gold and silver. Investors are more willing to buy in a bullish market and are likely to sell in a bearish market. Brien Lundin, long-time editor of the news letter, elaborated on these […]
01/06/2023
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By Belle Carter
GET WOKE GO BROKE: Home-goods giant Bed Bath & Beyond considers filing for bankruptcy
Home-goods giant Bed Bath & Beyond announced Thursday, Jan. 5, it may need to file for bankruptcy. The domestic merchandise company released a statement saying it has “substantial doubt” about its ability to continue. “For the third quarter of fiscal 2022, the Company expects to report net sales of approximately $1.259 billion compared to $1.878 billion in the year-ago period, reflecting […]
01/06/2023
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By Belle Carter
Gold prices soar to 6-month high, widely expected to go higher in coming months
Prices of gold soared to a six-month high in the early hours of Tuesday, Jan. 3, according to trading data. CNBC reported that the precious metal’s cost peaked just below $1,850 per troy ounce before easing off to trade around $1,838. U.S. gold futures were up one percent at $1,844.10. Analysts believe the rally will continue throughout the year. The news portal also cited […]
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