Silicon Valley Bank had a run on its deposits and simply ran out of money.... The Federal Deposit Insurance Corporation. has taken over the bank and will cover accounts UNDER $250,000.... Those over that will have to wait in line..... The FDIC has moved the assets into a … [Read more...] about Big Tech California Bank taken over by the Feds after running out of money…..
the Economy
Labor Dept. says 311,000 jobs added in February ….
CAUTION..... This figure WILL BE adjusted next month as is the norm.... (The adjusted numbers tend to go downward) The jobless rate? Went UP..... Wages DECREASED...... The report notes that there have been ten's opf thosands of job layoff's.... As … [Read more...] about Labor Dept. says 311,000 jobs added in February ….
Ukraine Update…378 days into the Russian move on the Ukraine…New Rocket attacks against Ukraine….
Larage barrage of rockets fired at tyhe Ukraine.... Some a new weapons system, hypersonic.... Low number of causalities though in the cities stuck.... Bakhmut fighting continues..... Russia may NOT be able to lauch a Spring militery offence and could be just trying to … [Read more...] about Ukraine Update…378 days into the Russian move on the Ukraine…New Rocket attacks against Ukraine….
America the Richest and Strongest Country on planet can’t shake it poverty pockets…..
The 'United' States of America leads the planet in its Economy.... It's Military is second to none.... It's population health strong... It's businesses the envy of the world.... BUT? Against all of the above? America continue's to have the poverty in places far … [Read more...] about America the Richest and Strongest Country on planet can’t shake it poverty pockets…..
The American Single Women majority make less money…
A Washington Post piece points to their dificulties.... More women than ever are single, a new report says — and that has significant implications for the U.S. economy. Single women — who are postponing marriage or forgoing it altogether — are a growing economic force, … [Read more...] about The American Single Women majority make less money…
It seems the Supreme’s won’t have the last word on student loans …
Supporters of relief for those with the loans are gearing up with suggestions for Biden* to implement if the Supreme Court rules against his action to forgive some debt.... Student loan advocates are planning their next moves as President Biden’s student debt relief plan hangs … [Read more...] about It seems the Supreme’s won’t have the last word on student loans …
Biden to throw’s down $2 Trillion in Tax Hikes in his Budget…
TAX CUTS! DEMOCRATS! (Isn't THAT a Republican thing???) Ok? The House Republicans are NOT agree to RAISE taxes on the rich and businesses.... Sooooo? The Debt Ceiling IS gonna get RAISED...... President Biden is set to formally propose an array of tax … [Read more...] about Biden to throw’s down $2 Trillion in Tax Hikes in his Budget…
Ukraine Update…376 days into the Russian move on the Ukraine…Bakhmut Battle goes on….
The battle for Bakhmut continues..... Ukraine leaders say they will NOT withdraw from the area and have sent in reinforcements.... Could the next front be in Zaporizhzhia..... It has been pointed out here that the Ukraine Spring Offense is sure to drive across the Donbas … [Read more...] about Ukraine Update…376 days into the Russian move on the Ukraine…Bakhmut Battle goes on….