Signs of a U.S. recession emerge as consumer credit decreases, contrasting optimistic payroll reports and indicating concerns about job market conditions.
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"Everyone knows that alcohol destroys brain cells. But I have dedicated my life to testing the theory that if you drink exactly the right amount, only the weak brain cells will die!" -- Michael Rivero
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Even though the CPI is not a true picture for grocery items. Most Americans have seen price of milk, cereals, vegetables, poultry and meat products double in last 4 years.
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alexmark
In China, a growing trend among young adults in their 20s and 30s involves seeking “youth nursing homes” to escape life’s pressures.
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alexmark
Mike Jeffries), the former CEO of Abercrombie & Fitch, has been arrested on sex trafficking and interstate prostitution charges, prosecutors announced Tuesday.
Jeffries was arrested in West Palm…
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alexmark
Americans watching mainstream financial news
The economic news of the day is that stagflation odds took a big jump in the latest NY Fed survey as inflation rose and delinquencies rose, too.
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alexmark
Auto loan 90+ day delinquency rates have reached 2.88%, the highest level since Q2 2010. This marks a significant rise, with the percentage nearly doubling over the past 2.5 years.
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alexmark
“What happened here was the gradual habituation of the people, little by little, to being governed by surprise; to receiving decisions deliberated in secret; to believing that the situation was so…
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alexmark
I’ll feel a whole lot better … when Kamala Harris is gone.
Mortgage applications decreased 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly…
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alexmark
The holiday season is a time of joy and giving, but it's all too easy to get carried away and overspend. With inflation on the rise and living costs climbing, it's crucial to be savvy about your…
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alexmark
As inflation continues to strain American households, even those earning six figures are now feeling the heat.
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alexmark
It appears that the outcome of this election is likely to completely shock a lot of the experts.
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alexmark
At this moment, we are still waiting for the other shoe to drop. On October 1st, Iran launched approximately 200 missiles at Israel, and many of them hit their targets.
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alexmark
The cost of home care in the U.S. has skyrocketed, leaving older adults and family caregivers grappling with unprecedented financial strain.
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alexmark
Families across the U.S. are facing unprecedented financial pressure as the average cost of an annual health insurance premium skyrockets to $25,572 in 2024—a staggering 7% increase from last year.
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alexmark
Perhaps Harris/Walz should adopt the Imperial March from Star Wars as their theme song.
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alexmark
What in the actual f**k.
Rumor is Rogan worried he’ll be labelled MAGA when he has Trump on. Wants to keep his podcast ‘independent’
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alexmark
Credit spreads hit alarming lows, echoing past bubbles. The 12-month forward rate signals an 84% recession chance—seemingly unavoidable.
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alexmark
Their "expert" is doing damage control on Twitter now, admitting he didn't review the whole book and only checked a few excerpts the NYTimes spoonfed him.
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alexmark
California’s Clean Truck Check, part of the broader Heavy-Duty Inspection and Maintenance (HD I/M) Program, represents the state’s ambitious drive to tackle air pollution from its vast fleet of heavy…
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alexmark
The House of Representatives has made a significant decision that could alter the landscape of military service in America.
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alexmark
The Federal Reserve, created in 1913, claims to be a stabilizing force in the U.S. economy. However, beneath this mission lies a powerful machine for wealth extraction that consistently benefits…
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alexmark
Yunnan was once again hit by disaster as a severe hailstorm wreaked havoc on October 14, 2024. This wasn't an ordinary storm; huge hailstones, likened to billiard balls, crashed down, leaving…
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alexmark