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News & Articles By Arsenio Toledo
11/17/2022
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By Arsenio Toledo
FedEx’s freight unit to begin furloughing employees next month due to reduced demand for delivery services
Transportation giant FedEx’s less-than-truckload delivery division, FedEx Freight, has announced that it will start furloughing an unannounced number of drivers starting early December due to the massive drop in demand for delivery services. According to FedEx, the furloughs for FedEx Freight, which employs approximately 47,000 people, are scheduled to last for around 90 days, during […]
11/15/2022
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By Arsenio Toledo
30-year fixed mortgage rate surges above 7% as the Fed continues to raise interest rates
Mortgage rates have gone over seven percent once again as the real estate market reacts to the latest interest rate hike from the Federal Reserve, with both buyers and sellers withholding participation in the economy amid financial volatility. The national average interest rate on a 30-year fixed mortgage currently sits at 7.08 percent, up from […]
11/03/2022
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By Arsenio Toledo
Global jobs growth expected to deteriorate significantly in months ahead
Growth in employment all over the world will “deteriorate significantly” in the final quarter of 2022, according to the International Labor Organization (ILO) – the United Nations’ (UN) main agency for advancing better working conditions and more job opportunities around the world. The ILO warned that the economic fallout caused by the special military operation in Ukraine and rising […]
11/02/2022
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By Arsenio Toledo
Audit reveals over 132,000 public employees in Illinois are being paid $100,000 a year
An audit of Illinois’ public spending has found that 132,188 public employees are being paid $100,000 or more a year. Adam Andrzejewski, founder and head of OpenTheBooks, a nonprofit advocating for transparency in government spending, led the investigation that found how much of Illinois’ public spending goes to employee salaries. (Related: Indictment tsunami: 30-year speaker could […]
11/02/2022
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By Arsenio Toledo
Health Ranger Report: Gold and silver can help safeguard your assets as COLLAPSE of traditional pension systems looms
In a special episode of the “Health Ranger Report,” Mike Adams discussed how traditional pension systems around the world are on the brink of collapse and how the only way for people to save their money is by investing it in solid assets like precious metals. Pension funds all over the world are already on […]
10/28/2022
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By Arsenio Toledo
Weakening dollar leading to more oil exports and price hikes
Oil prices in the United States are continuing to rise as the dollar weakens and the White House exports more and more crude oil and fuel. From Tuesday, Oct. 25, to Thursday, Oct. 27, oil prices in America rose following reports that the White House has been exporting record levels of crude oil and fuel. […]
10/11/2022
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By Arsenio Toledo
Turkish annual inflation jumps to 83.45% due to excessive government spending on welfare and the military
The annual inflation rate for Turkey climbed to a 24-year record-high of 83.45 percent in September, according to data from the Turkish Statistical Institute. This broke the record set in August, when year-over-year inflation hit 80.21 percent. It also marked the 11th consecutive month of uncontrollable inflation. The last time inflation in Turkey was this high was […]
10/06/2022
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By Arsenio Toledo
US national debt hits $31 TRILLION for the first time
The United States’ gross national debt exceeded $31 trillion for the first time in history. According to data released by the Department of the Treasury on Tuesday, Oct. 4, the total national debt was at $31.123 trillion as of Monday, Oct. 3. The data proves that President Joe Biden’s administration is spending more taxpayer dollars than […]
09/29/2022
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By Arsenio Toledo
Biden administration SUED over student debt forgiveness plan
President Joe Biden’s administration has been hit with a lawsuit seeking to block his executive order canceling thousands of dollars in student debt. The lawsuit claims the student loan relief plan will increase taxes for everybody. Biden and Education Secretary Miguel Cardona revealed the White House’s plan to provide up to $20,000 in relief for people with […]
09/27/2022
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By Arsenio Toledo
Biggest financial crime in America’s history: Billions of taxpayer dollars STOLEN from COVID-19 relief programs
The United States federal government allocated more than $5 trillion in taxpayers’ money to Wuhan coronavirus (COVID-19) relief and stimulus programs. But a still undetermined amount was fraudulently siphoned off, likely amounting to the “biggest fraud that the country has seen,” according to the Americans for Tax Reform (ATR). Dan Savickas, director of tech policy […]
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