All posts tagged with financial crisis
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-(Natural News) Home-goods giant Bed Bath & Beyond announced Thursday, Jan. 5, it may need to file for bankruptcy. The domestic merchandise company released a statement saying it has “substantial doubt” about its ability to continue. “For the third quarter of fiscal 2022, the Company expects to report net sales of approximately $1.259 billion compared to $1.878 billion in the year-ago […]
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-(Natural News) The National Association of Realtors (NAR) reported on December 21 that existing-home sales fell for the 10th straight month in November as the Federal Reserve keeps raising interest rates. The report included the sales of previously owned homes, indicating a decline of 7.7 percent in November from the previous month to a seasonally adjusted […]
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-(Natural News) Federal Reserve Chair Jerome Powell warned that the central bank will continue raising interest rates next year just as it raised its benchmark interest rate to the highest level in 15 years. Powell claimed that if the Fed does not continue raising interest rates in 2023, Americans will have to pay a higher […]
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-(Natural News) The signs of the coming economic contraction are already both present and obvious, but the overall economic picture probably won’t be acknowledged in the mainstream until the situation becomes much worse. (Article republished from BirchGold.com) It’s a problem that arises at the onset of every historic financial crisis – mainstream economists and cable-news commentators deliberately mislead […]
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-(Natural News) The Chinese Communist Party (CCP) is currently struggling to deal with nationwide protests over its Wuhan coronavirus (COVID-19) lockdown policies. This tumult has caused the country’s economy to drop, with Goldman Sachs warning that a rushed exit from its zero-COVID strategy could spell doom for the Asian giant. The current protest wave in […]
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-(Natural News) Recent information from Amazon finds that customer satisfaction has slipped to one of its lowest points since 2000, the year a private firm began tracking consumer enthusiasm for the country’s largest online retailer. Investment banking and financial advisory firm Evercore ISI publishes its yearly American Consumer Satisfaction Index, which tracks customer approval of […]
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-(Natural News) The European Commission recently revealed that headline inflation in the Eurozone reached 10.7 percent, the highest year-over-year inflation reading since its founding over 23 years ago. The Eurozone is the economic and monetary union made up of the 19 member states of the European Union (EU) that have adopted the euro as their […]
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-(Natural News) Turkey’s inflation rate has hit 85.51 percent in October 2022, the highest in 24 years. But Turkish President Recep Tayyip Erdogan remains adamant that the Central Bank of the Republic of Turkey (CBRT) doesn’t need to raise interest rates. According to a Nov. 3 report by the Turkish Statistial Institute (TurkStat), food prices were […]
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-(Natural News) Middle class in the United States used to mean that one can afford a decent living standard, such as owning a house and a car, with some savings in the bank. When baby boomers reminisce about the “good old days,” they usually refer to a time when being middle class was normal. However, […]
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-(Natural News) People looking to relocate to South Florida are in for sticker shock as it is now one of the most unaffordable places to buy a home in the United States. The average mortgage payment for a home in the area has now nearly doubled over the past year at $2,452 – a whopping […]
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