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Tag: recession

Canada is facing a historic housing market correction that will eclipse 2008 and 2009, says Canada's largest bank.
‘Historic’ Housing Market Correction en Route, Says Canada’s Largest Bank
An analyst for Canada’s largest bank has warned that a “historic correction” to the housing market not...
NASA satellite images show Lake Mead, which supplies power and water to 25 million people, is dying.
New NASA Images Reveal the Slow Death of Lake Mead, Which Nourishes 60 Percent of US Agriculture
Newly released satellite imagery from NASA has illustrated how frightening the extent Lake Mead’s decline...
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...
A "Doomsday" disruption to natural gas by Russia's Gazprom Nord Stream 1 pipeline is closer to happening as a key turbine is still trapped in Canada.
Russia’s Gazprom Warns July 22 European ‘Doomsday’ Is on Track
Russia’s state owned natural gas distributor Gazprom warned on July 13 that finagling by the government...
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,...
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,...
Worldwide demand for electronics is dying, a signal that global recession is already underway.
Worldwide Electronics Demand Slowing, South Korean Memory Chip Inventory Shows
In another confirming sign that the world has already entered the early stages of a severe recession,...
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. ...
Grocery-store-stock-image
9 in 10 Americans Are Worried About Inflation, But Solutions Are Limited
Americans across the country are bracing themselves up for a financially difficult holiday shopping season...