marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
crisis
05/05/2022
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By Mary Villareal
Supply chain on the brink of COLLAPSE as diesel price surge hits trucking industry hard
The price of diesel has reached an all-time high of $5.321 a gallon, leaving the trucking industry reeling and the supply chain on the brink of collapse. Oil and gas prices have also increased, now standing at $4.187 a gallon, just a smidge down from the all-time high of $4.331 set on March 11. The trucking industry relies […]
05/04/2022
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By Ethan Huff
China’s latest lockdowns will shut down U.S. trucking this summer
The situation in communist China with the government’s new Wuhan coronavirus (Covid-19) lockdowns in Shanghai and Guangzhou – and now Beijing – is slated to decimate America’s trucking industry this summer. United States truckload volumes were already down in February and March for reasons not specifically related to China, and now they are expected to […]
04/19/2022
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By Mary Villareal
Biden’s approval rating at its lowest; Americans pessimistic about inflation and the economy
President Joe Biden’s approval rating falls at a new low, standing at only 33 percent among American adults, based on a Quinnipiac University poll released on April 13. This is the second time that Biden has been rated this low, with the first time occurring in January. Biden is seen in a drastically different light depending […]
04/15/2022
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By Arsenio Toledo
SUPPLY CHAIN NIGHTMARE: Taiwanese manufacturers operating in Shanghai forced to shut down operations due to China’s lockdown
Quanta, the Taiwanese electronics manufacturer that makes Macbooks for Apple, was forced to shut down its factory in Shanghai along with dozens of other Taiwanese companies due to Wuhan coronavirus (COVID-19) restrictions. Economic analysts are worried that the closure of production facilities in Shanghai, including those supplying electronics to tech companies, could spell even more […]
04/06/2022
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By Kevin Hughes
Business and investing podcaster M.C. Laubscher: Entire world will suffer because of sanctions on Russia
Russia and the rest of the world are going to suffer because of the Russian sanctions, according to well-known business and investing podcaster M.C. Laubscher. “So these sanctions, if you want to break it down, who does the sanctions really hurt in the long run? Well, all of the people all over the world are […]
04/04/2022
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By Ramon Tomey
BlackRock president: INFLATION will teach VERY RUDE lessons to today’s consumers
BlackRock President Rob Kapito remarked during a recent conference in Austin, Texas that the current inflation will teach very rude lessons to this generation of “entitled” consumers. “For the first time, this generation is going to go into a store and not be able to get what they want. And we have a very entitled generation that […]
03/31/2022
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By Mary Villareal
THANKS, BIDEN: Small businesses struggle as highest inflation in decades wrecks US economy
Small business owners are getting increasingly worried about the impact of inflation, with the majority raising prices to offset their financial burdens. A recent survey from the Chamber of Commerce and MetLife found that 85 percent of small business owners are concerned about the effects of the highest inflation to hit the United States in four […]
03/01/2022
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By Arsenio Toledo
Russia-Ukraine conflict not helping American companies with their supply chain problems
The United States has spent the past two years dealing with supply chain problems. The ongoing conflict in Eastern Europe between Russia and Ukraine is expected to make the situation even worse. The added strain to America’s supply chains comes as the conflict causes the price of crude oil to surge to over $100 per […]
02/24/2022
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By Arsenio Toledo
State and federal regulations cause gas prices to surge in California
Californians were left reeling on Wednesday, February 23, as gas prices surged all over the state – with parts of Los Angeles being forced to pay upwards of $6 per gallon. The national average price of regular gasoline was at $3.53 on Tuesday, up 21 cents from a month ago and 90 cents from more than […]
02/21/2022
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By Roy Green
Rising gas prices to hit $7 a gallon if crude oil cost spikes and tension between Russia and Ukraine escalates
Even with no lockdowns, Americans may be inclined to travel less this year. That’s because of rising gas prices brought about by a spike in the cost of crude oil, an unsteady supply chain and the escalating tension between Russia and Ukraine. (Related: Russia warns Ukraine of full-scale conflict along the country’s eastern border.) An energy expert already […]
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