The Social Security Administration (SSA) on Thursday announced the annual Cost of Living Adjustment (COLA) for 2025 will be 2.5%, lower than the 3.2% adjustment for 2024. The adjustments...
Read moreIn September, inflation crept higher than anticipated, with the annual rate reaching 2.4%, surpassing forecasts. The monthly Consumer Price Index (CPI) rose by 0.2%, according to the Labor Department....
Read moreMinnesota Gov. Tim Walz (D), running mate to Vice President Kamala Harris, was unable to explain why voters should not blame Harris for the economy and rampant inflation, instead...
Read moreThe market is not ready for a re-rise in inflation, with positioning long in stocks, bonds and rates futures. Inflation has been relegated to secondary importance for now, but...
Read more(ZeroHedge)—In what some have called a panic/desperation negotiating tactic, Boeing has announced (late on a Friday afternoon) that it will slash its workforce by 10% as the pummeled planemaker...
Read moreGovernment officials waste no time threatening to crack down on “price gouging” during catastrophic events. Because they care. But of course they don’t. If they did, they’d let the...
Read moreA massive influx in non-English speaking students in Pennsylvania is overwhelming school districts across the state, and the logistical strain on administrators could be leaving other students behind. The...
Read moreThe greatest moral hazard in American life is politics. Many of you probably remember 2012 GOP presidential nominee Mitt Romney being secretly recorded by a Democratic operative telling donors...
Read moreOver 150 hotels are being rented out to house illegal immigrants in New York City with rooms being rented out by the city for over $350 a night for...
Read moreP.T. Barnum purportedly proclaimed that “There’s a sucker born every minute”, though there is no proof that he actually said it. Whether true in Barnum’s time or in today’s...
Read more© 2024 Economic Collapse Report.
© 2024 Economic Collapse Report.