Category Archives: Economics

Economic policies, business, investing, saving, banking, currency

“Chinese, Iranian hackers escalate cyberattacks against US entities: report”

“Iran and China have been carrying out increasingly more aggressive cyberattacks in recent months, The New York Times reported Monday. Dozens of U.S. entities — including banks, businesses and government agencies — have been targeted in what experts have attributed as an Iranian hacking campaign, multiple sources told … Continue reading

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STOLEN! “Hey UK!… what happened to Australia’s gold?”

“The Bank of England has kept a reported 80 tons of Australian gold for years. However, the UK regulator has not allowed Australia to carry out a proper audit of its bullion holdings. In an attempt to find out what … Continue reading

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Bad News: ““Biggest Drop In More Than Nine Years”: America’s Retail Apocalypse..”

“All over America retailers are going bankrupt and closing stores.  Of course this has been happening for years, but as you will see below the numbers have dramatically escalated during the early portion of 2019.  Our landscape is already littered … Continue reading

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LOCUST: “Majority of California Residents Want to Leave: Poll”

“A new poll reveals that 53% of California residents are considering leaving the Golden State because of the high cost of living. The “Trust Barometer” poll, by Edelman Intelligence, was conducted January 4-20 among 1,500 California residents, with a margin of … Continue reading

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“Worst retail sales drop in 9 years is ‘every bit as bad as it looks'”

“The retail sector took a blow in the final month of 2018, adding to a list of consumer economic casualties amid year-end turmoil in the financial markets and a protracted U.S. government shutdown. Retail sales dropped 1.2% month-over-month in December, … Continue reading

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Good News: “Report: Texas crude oil production breaks 1970s record”

“Crude oil production in Texas has beaten a previous record set in the 1970s, a new report from the Texas Independent Producers Royalty Owners Association stated. Texas oil wells produced more than 1.54 billion barrels of crude in 2018, beating … Continue reading

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“…Trillion Dollar Spending Bill. No One Has Read It”

“The House of Representatives is scheduled to vote on a government appropriations bill Thursday evening and, with a day until the vote, lawmakers still have not received the text of the legislation. “No one has seen the final wording of … Continue reading

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