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News
Commentary: Why America’s debt binge is starting to matter
6+ day, 16+ hour ago (430+ words) If long-term interest rates decisively breach the 5 per cent threshold, the impact could derail the AI boom, says Ruchir Sharma for the Financial Times. NEW YORK: Doomsday warnings about America’s rising debt date to the 1970s, when the US government began…...
Woke Economics: The Dangerous Money Myth Fueling America's $40 Trillion Debt
1+ week, 4+ hour ago (1115+ words) Navigating insurance options is complex, but you don't have to do it alone. Our trusted advisors make selection simple. Save big with member exclusive phone plans from Patriot Mobile. Exclusive pricing on gold, silver, and platinum bullion for members. Affordable…...
Higher deficits cause inflation
2+ week, 5+ day ago (312+ words) It is a long-established fear among bond investors and economists that a country that runs higher budget deficits will eventually suffer from higher inflation in order to indirectly ‘default’ on its debt. We have seen that in action for much…...
Higher Gas Prices Could Boost Social Security Checks in 2027 - Here's Why
2+ week, 6+ day ago (919+ words) There's a less obvious benefit to seeing gas prices soar. Whether you're working or retired, your goal is probably to keep as much cash in your wallet as possible. But soaring gas prices are making that increasingly difficult. Two days…...
Retail Giant Posts Slowest Sales Numbers In Years, Blames Iran War-Driven Gas Prices For Belt-Tightening
3+ week, 2+ day ago (418+ words) Walmart posted its slowest U.S. sales growth in more than six years Thursday as executives pointed to higher gas prices following the Iran war as one factor causing Americans to tighten their wallets. Walmart executives said they began seeing a change…...
How national debt threatens clients' retirement and home plans
3+ week, 4+ day ago (903+ words) America's national debt has surpassed $39 trillion, or roughly $116,000 for every man, woman, and child in the country, and a new report from the Conference Board warns that financial advisors should be preparing their clients for the concrete, real-world consequences that…...
Insurance boss blasts sites for pushing up premiums
3+ week, 4+ day ago (684+ words) Medibank Private’s boss has blasted ‘aggressive’ comparison platforms driving ‘churn’ between different providers, as the company barely grew customer numbers last financial year. Medibank Private’s boss has blasted “aggressive” health insurance comparison websites pushing “churn” between different providers, saying their…...
Trump Celebrates Plummeting Prescription Drug Prices As the Media Feverishly Works to Credit Biden
3+ week, 6+ day ago (568+ words) The White House celebrated plunging prescription drug prices Monday as the Bureau of Labor Statistics reported Wednesday that they saw the largest annual decline since 1963. There are a lot of factors behind the news, and some drugs saw steep price…...