economics
Meanwhhile, the average credit card APR has gone up in the past 2.5 years despite 1.75% in rate cuts by the Fed.
The January employment report has been rescheduled for Wednesday, Feb. 11, according to the Bureau of Labor Statistics.
The IMF has not admitted its mistake in assuming stagnation and elevated inflation due to tariffs and prefers to explain the massive upgrades justifying them on lower policy rates, ongoing fiscal support, and high-tech investment...
...higher prices, lower new orders, and weaker employment are not helping sentiment.
California residents who thought they could escape high gas taxes by purchasing an electric car will be disappointed...
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“Due to the partial federal government shutdown, the Bureau of Labor Statistics will suspend data collection, processing, and dissemination.”
This was the biggest MoM surge in the ISM print since April 2020 (COVID rebound)...
The endgame of a fully financialized, coercive TINA economy and society is Bifurcation Nation stumbling into the abyss of Depression...
What we are witnessing is the reaction of the economy to ever-rising energy costs and higher input prices, which - made visible through the inflation index - are passed on to customers and artificially inflate the headline figures...
...a recession will catalyze a collapse of the credit-asset bubble-dependent economy down to its foundations
The farm equipment maker will build two new factories in the United States, one in North Carolina and another in Indiana.
From 2021 through 2025, mall openings exceeded mall closures, a recent report shows.
"The Treasury has estimated that households will benefit from a $1,000 increase in their average tax refund this year, an approximate 31% increase in refunds, from the average refund last year ($3,230)."
Winter storm Fern is mostly over, its resulting damage, however, will linger for a long time.

...collapse is not the absence of order. It is the failure of particular scales of organization...
Inflation-adjusted gross domestic product increased at a revised 4.4% annualized rate, the fastest in two years, and up 0.1% from the initial estimate, reflecting upward revisions to exports and investment that were offset by a downward revision to consumer spending.
Europe's "trade bazooka" has a 10-point list of possible measures on goods and services. They include...







































