Food prices are going up, and that’s changing the way we eat

Growing up, seconds were not served and side dishes were rare. “My mom had a budget every week, and she stuck to it,” she said. “As I got older and became more financially independent, having a full pantry to eat and being able to eat whatever I wanted was a sign of success for me,” … Read more

The Fed’s fight against inflation could cost 1.2 million US jobs

However, the data does not taint the words. The Federal Reserve’s latest economic forecast was released on Wednesday In addition to the massive rise in interest rates by 75 basis points in a row for the third time in a rowIt turns out that the central bank expects the country’s unemployment rate to rise to … Read more

He predicted a financial meltdown in 2008. Now, he warns of a ‘long, ugly’ recession

Roubini’s knowledge of the collapse of the housing bubble from 2007 to 2008 earned him the nickname DrDoom. Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, sees a “long and ugly” recession in the US and globally at the end of 2022 that could continue throughout 2023 and a sharp correction in the … Read more

Federal watchdog says pandemic unemployment benefits fraud could exceed $45 billion

CNN – About $45.6 billion in pandemic unemployment benefits may have been fraudulently paid to criminals between March 2020 and April 2022, the U.S. Department of Labor’s Office of Inspector General said in a statement. note Thursday. It’s the latest report to identify widespread schemes to steal money from a variety of federal relief programs. … Read more

Turkey cuts interest rates again despite 80% inflation

The number of Russian tourists to Europe decreased significantly during the summer, but increased in several other destinations, including Turkey (here). Onur Dogeman | soba pictures | Light Rocket | Getty Images Turkey’s central bank surprised markets once again with its decision on Thursday to cut its key interest rate, despite the country’s inflation soaring … Read more

Larry Kudlow: People everywhere should fight for freedom

FOX Business host Larry Kudlow explains the negative impact of socialism on “Kudlow.” Earlier today, I hosted a Fox Nation special about the totalitarian dangers of socialism and why this system always fails and instead made the case for free market capitalism and free economy As the surest path to prosperity. Free market capitalism is … Read more

US Treasury official criticizes China’s “non-conventional” debt practices

Chinese yuan banknotes are shown in this illustrative photo taken on April 25, 2022. REUTERS/Florence Law/Illustration Register now to get free unlimited access to Reuters.com Register China is the largest official creditor in the world Lack of transparency and confidentiality agreements under fire Urging progress on Common Framework debt deals for Zambia and other countries … Read more

Radical Patagonian Trade Is Great – But Governments, Not Billionaires, Should Save the Planet | Carl Rhodes

MBold statements about tackling the climate crisis have become a tough sell in the corporate world over the past few years. But this was taken to a whole new level when founder and owner of the Patagonian outerwear company, Yvonne Chouinard, announced that his family was moving 98% of the company’s shares into a newly … Read more