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Truckers are getting paid less to deliver goods despite this normally being the busiest time of year.
The Cost to Hire a Trucker Is Crashing, but It’s the Busiest Time of Year
The market to contract a small trucking operation to carry goods is crashing despite this being the busiest time of the year, states a new report. Industry analyst website Freight Waves reported on May 12...
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Crashing Crypto Market Has Investors Openly Contemplating Suicide
It’s been a bad week for the cryptocurrency markets, perhaps the worst since Bitcoin became mainstream. Mere months ago cryptocurrency forums were in celebratory mode, riding a bear market that saw numerous cryptocurrencies hit all...
COVID Lockdowns Cut 98% of Tesla’s April China Sales, Production Also Hard-Hit
As China continues implementing citywide lockdowns in Shanghai and Beijing in order to uphold its “zero-COVID” policy, car sales saw a record decline last month as the country’s unbending COVID protocols take a severe toll...
China’s Belt and Road Initiative Is Losing Money All Around the World
Now in its ninth year, the ambitious Belt and Road Initiative (BRI) may be on the verge of collapse.  The Chinese Communist Party (CCP) first introduced the BRI as a way to globalize China via...
US Firms Report Huge Dip in China Sales as Beijing Continues ‘Zero-COVID’ Measures
Several major companies, including Starbucks, Apple, Estee Lauder, and other U.S.-listed companies have warned in quarterly earnings reports that China’s “zero-COVID” controls will severely drag down profit and impact business.  International companies have faced a...
USTR Begins Review of Four-Year China Tariffs, Hints at Potential Lifting of Restrictions
The Office of the U.S. Trade Representative (USTR) announced Tuesday, May 3, that it will begin a statutory review of American tariffs imposed on Chinese products ahead of their expiration in July. The review comes...
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Communist Politics Are Bringing Disaster to China–And Xi Jinping
Political ‘accomplishments’ a must for Xi to maintain power over the regime, but his hardline methods could backfire at the upcoming Party congress this fall News analysis China is not doing well, and Xi Jinping...
US diesel prices hit a 25 year high as truckers are paying $1,200+ to fill up, driving inflation.
Truckers Spending $1,200+ to Fill Up as US Diesel Prices Set 25-Year High
The price of ultra low sulfur diesel (ULSD) in the United States not only suddenly broke sharply away from the price of regular gasoline, but set a new 25-year high according to new data released...
Russian Gas Exports Soar Even as Kremlin Requests Payment in Rubles
As the invasion of Ukraine continues into its third month, Russia has continued to supply a large amount of gas to many European countries. However, the aftermath of sweeping financial sections from Western powers has...