Volatility

EU Announces Agreement to Reform Europe’s Carbon Market, Cap Natural Gas Prices

The European Union announced on Dec. 18 a provisional agreement that reforms the bloc’s carbon market, successfully expanding a crucial component of the region’s broader green agenda.

Analyst Warns ‘There Probably Won’t be an Election’ in 2024

Analyst Martin Armstrong has warned that there may not be an election in 2024 and that “the United States will not exist after 2032” due to massive societal upheaval and financial collapse.

US Economy Added 261,000 New Jobs in October as Hiring Stays Strong

The U.S. economy added 261,000 new jobs in October, down from the upwardly revised 315,000 in September, according to the Bureau of Labor Statistics...

Bezos Issues Dire Warning for U.S. Economy

Amazon founder Jeff Bezos has warned that the US economy may be headed for a recession as surging inflation is causing too much pain.

Americans’ Heating Bills Expected to Soar This Winter

American families will pay far more to heat their homes this winter, according to the Energy Information Administration (EIA), which predicts that some people will see bills as much as 28 percent higher compared to last winter, with the grim outlook coming as households expect inflation to rise and the economy to get worse.

Shift in Hiring Patterns Points to Looming Recession for Biden Economy

Despite a July Commerce Department report showing a second consecutive quarter of negative GDP growth — the classic definition of a recession — Biden...

From Powerpoint to Potatoes: Why Is Bill Gates Buying So Much Land?

In late June, the North Dakota Attorney General approved the purchase of 2,100 acres of farmland by a company tied to Bill Gates.

Another Food Processing Plant Shutters Operations, Adding to Long List of Closures

A top food processing plant will be closing down one of its facilities in Campbell County, Tennessee, adding to the long list of closures over the last year.

Global Economy in Worst Shape Since WWII

The global economy is facing “its biggest test since the Second World War”, the managing director of the International Monetary Fund said at the start of the World Economic Forum in Davos.

Gas Prices Jump 33 Cents in Past 2 Weeks—$6 per Gallon by August

The average price of regular-grade gasoline spiked 33 cents over the past two weeks to $4.71 per gallon, according to the Lundberg Survey, which comes as some analysts predict prices will climb above $6 a gallon by the end of the summer.

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