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Tag: inflation

A UK Supermarket chain launched a microloan program to keep business going amid inflation.
UK Supermarket Starts Issuing Microloans to Pay for Groceries
British supermarket Iceland has introduced a — for the time being — interest free microcredit system...
The chipmaking industry is set to be hit with a major downturn as demand from the middle class vanishes in inflation.
Chipmakers Facing Dark Days as Middle Class Suffers
The chipmaking industry has finished its boom and is heading towards a potential bust as the middle class...
US cattle breeding stock is being sent for slaughter as the national herd declines by more than 2 million head.
US Cattle Herd Hits 6-Year Low as Breeding Stock Sent for Slaughter
The size of the nation’s cattle herd has contracted to levels not seen since 2016 and 2012 amid a number...
Shoplifting and violent crime are trending as inflation and the cost of living spiral higher.
Shoplifting and Violent Crime on the Rise as Cost of Living Spirals Out of Control
Violent crime and shoplifting have been on the rise in the U.S. since the onset of the Coronavirus Disease...
40 Percent of Americans say they have no money to save even if they wanted to amid inflation.
Thanks, Inflation. 40 Percent of Americans Have No Money to Save, Even if They Want to
Although Federal Reserve Chairman Jerome Powell told reporters on July 27 after the Federal Open Market...
Social media influencers are leading youth to the financial slaughterhouse
Social Media Grooms Youth to Make Impulse Purchases, Worry About Money: Survey
The influence of social media is conditioning young people to be anxious about their finances and make...
Protests are also hitting Panama over the cost of food, fuel, and medicine, but the uprisings seem driven by the unions
Panama Faces National Protests, Strikes Over Gas and Food Prices
The Central American country of Panama is another on the list of smaller economies rocked by massive...
Tens of thousands of citizens hit the streets of NATO member Albania as fuel prices and inflation are hitting home.
Massive Protests Hit Albania Over Inflation, Fuel Prices
Although life carries on as normal for citizens of the United States and Canada, unrest in the world...
The Biden Admin sold some of the US SPR to the CCP amid the energy crisis and inflation.
Biden Admin Selling US Oil Reserves to China, Europe Amid Energy Crisis
The Joe Biden Administration has drained the U.S. Strategic Petroleum Reserve (SPR) to its lowest levels...
Samsung and LG electronics are overstocked heavily as the country is ahead of the field in heading to recession.
South Korea’s Biggest Companies Are Overstocked With Unsellable Inventory
The largest companies in South Korea, home of many of the world’s leading electronics manufacturers,...
Biden Planning Modest Relaxation of China Tariffs as Inflation Pressure Grows
U.S. President Joe Biden’s administration has further hinted at the easing of tariffs on Chinese goods...
Demand for loans from pawn brokers has skyrocketed amid the middle class's financial crisis.
Pawn Shops Get Busy as People Sell Their Stuff to Pay for Gas, Groceries
Pawn shops and pawn brokers in the United States and the United Kingdom are reporting record increases...