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Tag: inflation

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...
As oil returned to under $100 a barrel for the first time in months, media messaging showed itself to be all the more dissonant and chaotic.
Oil Dips Toward Sub-$100 Prices as Media Messaging Turns Dissonant
News analysis As U.S. oil prices below $100 per barrel for the first time in almost two months greeted...
Is the US on the cusp of a new housing crisis? Data does not look optimistic.
Is the US on the Cusp of a Housing Crash?
U.S.-based homeowners and prospective buyers may be caught in the unwinding apex of a housing crash,...
The trucking industry bubble is popping, shown by the price of used trucks at auction cratering.
Another Bubble Is Popping: Used Semi Truck Auction Prices Are Cratering
Another symptom of a lesser-noticed bubble popping has surfaced: the prices that used semi trucks are...
Across the US: Tampons Are in Short Supply and Getting Harder to Find
A shortage of feminine hygiene products has put a strain on consumers across America as a growing number...
The price of natural gas is going to shutter Australian food processors.
Australian Food Processor Says Natural Gas Prices Will Force It to Close
A major food processor in Australia has said it will soon have to close its doors because the cost of...
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Bank of Canada Warns That a Typical Mortgage Payment Could Surge by 30% in 5 Years
On June 9, the Bank of Canada (BoC) said that high home prices and the debt that comes with them are...
First time shoplifters are on the rise amid skyrocketing inflation.
First Time Shoplifters On the Rise as Inflation Runs Wild
A UK industry magazine reported an exponential hike in first time shoplifters in Britain, theorized as...
Diesel is approaching $10 a gallon in Montreal, Canada, amounting to $7.85 USD for an American who needs to fill up.
Diesel Now $10 a Gallon in Canada
The price of diesel in some parts of Canada has hit $10 per gallon, according to government data. ...