marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
supply and demand
05/05/2022
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By News Editors
Uber reports surging revenue as drivers return, but posts massive loss on investments
Uber on Wednesday reported surging revenue during the first quarter as the ride-hailing company said it’s recovering from its coronavirus lows and wouldn’t have to put up “significant” investments to keep drivers on the platform. (Article by Jessica Bursztynsky republished from CNBC.com) But it also reported a $5.9 billion loss during the period that was largely attributed to the revaluation of […]
04/20/2022
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By Mary Villareal
Homebuyer activity in the US falters as mortgage rates spike
Home prices has skyrocketed during the pandemic, hitting an all-time high by late 2021 and plateaued at a 20 percent year-on-year rate. Now, Redfin analyst Tim Ellis shared early indicators of homebuyer activity faltering as mortgage rates shot up above five percent, pushing demand lower and leaving sellers to follow with more price cuts. Early-stage homebuying demand […]
06/24/2021
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By Franz Walker
Food prices on the rise in America as companies look to cover higher production costs
Across America, the food on people’s plates is getting more expensive as food companies pass along higher costs to consumers. A number of food makers, including General Mills, Campbell Soup, Unilever and J.M. Smucker are raising prices at supermarkets. Meanwhile, restaurants like Chipotle and Burger King are raising menu prices. According to company executives, prices are only going to increase […]
02/22/2021
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By Lance D Johnson
Food prices will climb in 2021 as inflation accelerates
It was supposed to be 14 days, to flatten the curve. But now, nearly a year has passed since state governments first imposed economic controls and travel restrictions on small businesses and “non-essential” people. The repercussions of lock downs, medical tyranny and perpetual spending packages continue to have a ripple effect on the current economic […]
10/09/2019
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By Lance D Johanson
The collapse of Wall Street lunacy: WeWork company founded by delusional hype artist may soon have to file for bankruptcy
Nine years ago, the founder of the WeWork Company promised to “elevate the world’s consciousness.”The delusional hype artist, Adam Neumann, has been abruptly terminated, as the company’s initial public offering continues to implode. The failure of this company is a microcosm of the disaster waiting to happen with Wall Street. With a successful IPO, WeWork […]
01/09/2019
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By Cassie B.
Pot prices are collapsing in Oregon as too many marijuana growers produce glut of weed
A serious oversupply has caused prices of marijuana in Oregon to collapse just three years after lawmakers enacted a recreational cannabis law in the state. Now, many of the state’s licensed growers and retailers alike could be facing bankruptcy. Cannabis farmers reportedly harvested over 2.5 million pounds of marijuana in October alone, 1.3 million of […]
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