Category Archives: The Mine or the Shaft

Why can’t we just be objective about the economic numbers? When Joe Biden was in the White House, many Republicans (including Donald Trump) used the word “fake” to describe the economic numbers that the federal government was putting out, and … Continue reading →

In a striking revelation during a recent conference, Jamie Dimon, the chief executive officer of JPMorgan Chase & Co., cautioned that the U.S. economy might be teetering on the edge of a downturn. Highlighting the diminishing effects of pandemic-era government … Continue reading →

The dam is breaking! In a terrifying admission that signals a seismic change in corporate America, the CEO of one of the biggest carmakers in the US has broken cover to admit the devastating effects AI will have on the … Continue reading →

It looks like a real sale from a big brand, until your credit card details are stolen. An alarming wave of online scams is sweeping the US, targeting shoppers with fake websites designed to mimic major retailers. These sites are … Continue reading →

It was September 29, 2021 – nearly four years ago – that then House Speaker Nancy Pelosi held a press conference about their $3.5 trillion “Build Back Better” spending bonanza. Despite the outrageously high price tag, Pelosi told reporters at … Continue reading →

While everyone has been preoccupied with the war in the Middle East and the anti-ICE protests going on around the nation, economic conditions in the U.S. have continued to deteriorate. The housing market is in abysmal shape, consumer spending is … Continue reading →

You hear about gas prices everyday. The President brags that per-gallon prices have dropped to $1.99 in some places. After paying over $4.00 here in Las Vegas, I wonder where he is talking about. He ran on bringing down prices … Continue reading →

Campbell’s CEO said there is a “growing preference for home cooked meals.” That could be a canary in the economic coal mine, as people eating out less could impact the GDP. Two consecutive quarters with a reduced GDP signal a … Continue reading →

The US Social Security and Medicare programs for seniors will both run short of funds to pay full benefits in 2033. The go-broke dates the two trust funds have moved up due to rising health care costs and new legislation … Continue reading →

Digital currency market could reach $3.7T by decade’s end as legislation moves toward president’s desk. A revolution in the cryptocurrency world may soon go mainstream, as lawmakers move to formally regulate stablecoins, a digital currency designed to maintain a fixed … Continue reading →