Retail Carnage Continues: Bose Lays Off 100s, Shutters All Retail Stores The closures are slated to happen "over the next few months"...
Falling Through The Cracks - America's Poverty Crisis Hits Home What’s it going to take for the pitchforks to come out?
Housing Starts Soar To Highest Since 2006 As Permits Plunge Multi-family starts soared 75% YoY... welcome to renter nation!
December Retail Sales Upside Surprise Despite Online Sales Slowdown Amid all this exuberance, auto sales slipped as did department stores...
More Than A Quarter Of Prospective Millennial Home Buyers Have Less Than $1,000 Saved What would they do without their parents?
50 Million Americans Are Still Paying Down Debt From 2018 Holiday Shopping Season It's the latest sad stat that speaks to the depths of America's lifestyle addiction...
18 Signs That Social Decay In America Is Worse Than It's Ever Been Before ...our nation as a whole continues to swirl even further down the toilet with each passing day.
No Matter How Much Money The Fed Prints, We Still Can't Afford Nice Things When will the American wage-earner finally tire of the skims, scams, fraud and lies that are now the foundations of everyday life?
US Consumer Prices Accelerate At Fastest Since Oct 2018 Notably, shelter costs, which make up about a third of total CPI, decelerated...
It's Time To Pay Attention To Commercial & Industrial Loans This solid recession indicator is starting to concern me again...
Everything You Need To Know About Recessions (But Were Afraid To Ask) "Recession is when your neighbor loses their job. Depression is when you lose yours."
Retail Apocalypse Surges Into 2020: No End In Sight ...the decision to shutter underperforming locations “a foretaste of things to come if Macy’s does not invest in and reinvigorate these outlets.”
Housing Data Consistent With A Recession In 2020 ...this Fed study runs in sharp contrast to recent Fed statements that the economy is sound... also in contrast to those who suggest lower interest rate will revive housing... Rather, rates are down precisely because the economy is weakening...
The End Of College Is Near 20% of colleges and universities will shut down or merge in the next 10 years, and probably more... because: demographics!
New IRS Data Reveals Winners & Losers Of Wealth Migration Across 50 States The prize for winning is big, but the price for losing may be even bigger...
Three Bad Arguments For The Minimum Wage Why would a business hire a worker if the business has to pay the worker more than the worker can contribute to its revenue?
277 People A Day Leave New York New Yorkers are fleeing the state in droves due to high taxes. The result is an overabundance of homes few can afford...
BMW Outsells Mercedes-Benz For The First Time In Four Years But, at the same time, an SEC investigation about sales practices looms...
U.S. Auto Sales: Decimated In Disastrous And Dismal December "...non-housing debt, slowing retail spending and rising severe delinquencies are continuing concerns..."