(Economic Warning) Chicago PMI Plummets to 35.4 – Recession Confirmation Triggered!
The Chicago Manufacturing PMI dropped to 35.4 in May, signaling significant economic distress and confirming recessionary fears. As a stark reminder of how rough things are for the Chicago area manufacturing business, the Chicago Manufacturing PMI dropped to 35.4 in...
A New Era of Job Crisis: Quiet Layoffs Happening Nationwide
The economic landscape of the United States has been increasingly volatile, with significant changes affecting the labor market, consumer spending, and the overall financial stability of millions of Americans. This detailed analysis dives into the complexities of...The Making of A Monetary Crisis By 2020
Article originally appeared on The Project Syndicate (here) and written by economist Nouriel Roubini. As we mark the decennial of the collapse of Lehman Brothers, there are still ongoing debates about the causes and consequences of the financial crisis, and whether...
82% Of Americans Say They Couldn’t Afford $500 Emergency Thanks To COVID-19
A recent survey of 2,000 Americans carried out by “innovation consultancy” Highland took a close look at how personal finances and spending habits have changed since the start of the COVID-19 pandemic, which crushed the US economy and has triggered a protracted...
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