Ask anyone buying groceries.... The Labor Department said Tuesday that the consumer price index, a broad measure of the price for everyday goods including gasoline, groceries and rents, rose 0.4% in February from the previous month. Prices climbed 6% on an annual … [Read more...] about Inflation has slowed…But is still High…..
the Economy
Some state lawmakers want kids to do more work….
And increasing number of state's want to allow teenagers to put in more hours at work.... Probably at a cheaper rate of pay.... Competition against migrant labor? The economy is doing soooooo good we're reaching down for kids to work? Legislators in multiple states … [Read more...] about Some state lawmakers want kids to do more work….
Uh, Oh….Swiss Bank possibe trouble’s drives the Market down 500 points….
11:00 DST NY 3/15/2023..... Stocks tumble as Credit Suisse woes add to banking sector jitters Shares of the Swiss banking giant fell nearly 20 percent in early trading, creating new uncertainty in the wake of Silicon Valley Bank’s collapse... More... Did we say late … [Read more...] about Uh, Oh….Swiss Bank possibe trouble’s drives the Market down 500 points….
Ukraine Update…383 days into the Russian move on the Ukraine…Drone…..
A US 'MQ-9 Reaper ' drone got beat up by twi Russian Fighter Jets over the Black Sea.... The media is all over the incident.... In a piece down the page US White House Military spokesman Kirby admits that these type of things are NOT 'uncommon'..... Yes.... … [Read more...] about Ukraine Update…383 days into the Russian move on the Ukraine…Drone…..
Facebook/Instagram parent Company Meta to lay off 10,000 employee’s….
They keep telling us the economy is good.... The Fed keeps raising interest rates.... Consumer prices keep going up..... Gas prices also.... Yea...Everythings fine, eh? Meta, the owner of Facebook and Instagram, said on Tuesday that it planned to lay off about … [Read more...] about Facebook/Instagram parent Company Meta to lay off 10,000 employee’s….
President Biden does the ‘Right’ thing for the Banks……
Yes.... The Biden admin IS bailing out two banks.... (Signature Bank is actually doing better as I type this) Don't think anything else.... And? It's the right thing to do.... The bank stocks are alright as of today .... The market people are still focused on … [Read more...] about President Biden does the ‘Right’ thing for the Banks……
Ukraine immigrats fleeing the War…. Get an extension for their stay in America….
Hundreds of thousand's are involved..... Their plight will probably helps others like Afghan's who are in the country legally due to leaving war zones..... (Republicans have truned their backs on Afgan's though ) Again? Immigration to America is NEVER going to … [Read more...] about Ukraine immigrats fleeing the War…. Get an extension for their stay in America….
Walkig thru the minefield of US banking this week…
President Joe Biden took no question after his short comments today... He's NOT a happy camper..... Right now? He's sitting on his hands waiting to see what is going to happen with the American banking system.... Two banks went under in the last few days.... Biden … [Read more...] about Walkig thru the minefield of US banking this week…