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News & Articles By Cassie B.
08/05/2022
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By Cassie B.
More Americans are living paycheck to paycheck as inflation persists
A recent report shows that almost two thirds of Americans are now living paycheck to paycheck, with even the nation’s top earners being stretched thin thanks to rising inflation and increased costs. The new LendingClub report found that as of June, 61 percent of Americans are now living paycheck to paycheck, up from the 58 […]
08/03/2022
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By Cassie B.
Home prices dropped at a record pace in June amid rising inflation and mortgage rates
Home prices are cooling in the U.S. thanks to a sharp drop in housing demand in June spurred by rising inflation and mortgage rates. Although home prices remain higher than they were one year ago, gains slowed down at the fastest pace seen since this metric was first recorded in the 1970s. The ongoing imbalance […]
07/04/2022
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By Cassie B.
Bank of Japan is buying up it’s own government’s debt: Bond holdings top 50% for first time
The share of Japanese government bonds that are held by the Bank of Japan has now exceeded 50 percent. The record-setting high comes as the central bank doubles down on its government debt purchases with the aim of holding down long-term interest rates as part of its ultra-loose monetary policy. The Bank of Japan’s move […]
04/07/2022
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By Cassie B.
Russian banking system and ruble are showing signs of strong recovery despite sanctions
The Russian ruble and Russia’s banking system are currently showing signs of ongoing recovery despite Western sanctions as Moscow’s reliance on currency controls and energy exports is helping to protect the country’s economy. Although the ruble initially dropped, it has now rebounded and is approaching its value prior to the war. Shortly after Russia invaded […]
12/20/2021
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By Cassie B.
Poll: American voters blame Biden’s policies for making inflation worse as approval dips
As inflation continues to cause financial distress for Americans, many are placing the blame on the Biden administration. A new poll carried out by Fox Business found that 47 percent of American voters think that President Biden’s policies are hurting inflation, while just 22 percent say they are helping to get inflation under control. Meanwhile, […]
10/25/2021
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By Cassie B.
Consumer prices hit 13-year-high in U.S. as inflation worsens
The latest data from the Bureau of Labor statistics shows that consumer prices climbed higher than expected last month while energy and food costs surged. The annual inflation rate hit a 13-year-high last month of 5.4 percent, which exceeds the median estimate of 5.3 percent. Meanwhile, the consumer price index rose by 0.4 percent on […]
10/21/2021
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By Cassie B.
Poll: Most voters consider Biden’s handling of the economy “poor” as inflation soars
More than half of voters in a recent survey gave President Biden’s handling of economic issues a poor rating as inflation continues to climb. The national poll, which was carried out online and via telephone last week by Rasmussen Reports and The National Pulse, found that just over a third of likely U.S. voters consider […]
07/08/2021
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By Cassie B.
Republican-led states topping the nation in job growth and labor market health
Red states are currently noting significantly greater job growth than blue states, with nine out of the top ten performing states being led by Republican governors. This is according to a new report published by the personal finance company WalletHub, who combined data such as changes in unemployment and non-seasonally adjusted continued claims to rank […]
07/16/2020
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By Cassie B.
Is the U.S. Treasury trying to END currency by taking change out of circulation?
Some U.S. retailers have stopped giving customers change because of what is being widely touted as a coin shortage, but many people fear that the Treasury is trying to use coronavirus as an excuse to ramp up the war on cash and end currency in favor of far more trackable electronic transactions. Kroger recently became […]
12/08/2018
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By Cassie B.
Stunning census study finds 63% of non-citizens in USA are collecting welfare
A shocking new Census Bureau study has revealed that 63 percent of the non-citizens living in the U.S. are taking advantage of welfare programs that were designed to help Americans who are struggling financially or ill. The finding gives a lot of weight to arguments in favor of taking steps like building a wall to […]
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