marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
price hike
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 […]
03/24/2022
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By Mary Villareal
Maryland and Georgia suspend gas taxes, other states to follow in effort to hide Biden’s inflation
Maryland and Georgia have halted their collection of gas taxes in an effort to hide the effects of Biden’s inflation from the American people. In Maryland, the emergency bipartisan legislation signed by Governor Larry Hogan will suspend the gas tax for 30 days and will save the residents 36.1 cents per gallon for diesel. Hogan said […]
03/14/2022
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By Kevin Hughes
Global markets in state of chaos due to Russia-Ukraine War
Many people thought that the global financial markets would not be affected by the Russia-Ukraine War. They were wrong. Investors have received a harsh warning during the past week with the stock prices plunging, commodity prices going absolutely crazy and a dark cloud of fear blanketing Wall Street. The war in Ukraine has forever transformed economic […]
12/06/2021
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By Cassie B.
45% of American households experiencing financial hardship thanks to Biden era inflation
With holiday shopping in full swing and temperatures dropping, 45 percent of American households are reporting financial hardship linked to recent inflation. This is according to a new Gallup poll that was carried out in November. Respondents were asked whether recent price increases had led to financial hardship for their household; if so, they were […]
11/12/2021
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By Mary Villareal
Republicans blame Biden’s policies, Democrats as US inflation reaches highest level in over three decades
Republicans blamed President Joe Biden and his fellow Democrats as inflation reached its highest in over three decades. According to the Consumer Price Index (CPI) released on Wednesday, Nov. 10, gas prices jumped 59 percent over the last year while the cost of meat increased 24 percent. Everyday consumer goods rose 6.2 percent in October 2021, which […]
11/11/2021
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By Arsenio Toledo
BIDENFLATION: Wholesale prices in September and October rise to record highs
The new wholesale inflation numbers from September and October prove that the rapid rise in the cost of everyday goods is not “transitory,” contradicting what President Joe Biden has repeatedly claimed. In September, inflation at the wholesale level rose by 8.6 percent compared to the same month last year. “Excluding volatile food and energy prices, wholesale inflation […]
10/08/2021
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By Ramon Tomey
Expert: US could approach “high-inflation era” soon
An economic expert has warned that the U.S. may be nearing an era with high inflation rates. Capital Economics Chief Market Economist John Higgins claims that inflation will remain “significantly higher on average” over the next decade. His forecast comes amid different economic issues plaguing various parts of the world that threaten to increase prices. […]
10/01/2021
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By Mary Villareal
Power shortages in China may cause world food and commodities prices to surge
China is looking at a difficult harvest season as a severe energy crunch hurts the outlook for production — a development that can trigger another surge in food prices. The autumn harvest in China is underway, but with power shortages in industrial hubs, authorities see slow processing growth. This is especially true in the northeastern provinces of Jilin, […]
09/28/2021
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By Ethan Huff
OUT OF STOCK: Costco once again limits purchases of toilet paper, cleaning products and water as supply lines unravel
We are beginning to see signs that another round of Wuhan coronavirus (Covid-19) supply shortages is on the way. FedEx is reportedly short about 25 percent of its packaging supplies; shipping hubs are about 35 percent understaffed; and Costco is once again rationing purchases of toilet paper, cleaning supplies and water. For the time being, […]
08/06/2021
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By Mary Villareal
Nestle, Diageo raise prices due to “strongest” inflation in years
Nestle, Diageo, and Danone are some companies that may raise the prices of their products this year as they struggle with the strongest inflation due to the COVID-19 pandemic. While sales are rising as key markets start rebounding, the recovery also means that there are increased costs for ingredients, packaging, and transport. For instance, coffee prices are […]
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