1,200 layoffs announced by tech company
Lumen Technologies CEO Kate Johnson announced Tuesday that the company will be laying off about 1,200…
Economy
Zuck’s Money Pit: Metaverse Bet Bleeds Billions
Despite aggressive cost-cutting measures, Meta still expects “meaningful” Reality Labs operating losses to increase year-over-year in…
Peter Schiff: This Is the Most Obvious Financial Crisis That Nobody Sees Coming
“Now, this is, of course, the early stages of that financial crisis. It is unfolding before…
Biden Administration Runs Third-Largest Budget Deficit in US History
The fundamental issue wasn’t that the US government didn’t have enough money. The fundamental problem was,…
Media: ‘Biden’s Economy Is Great Everywhere’ — Except Where It Counts
When it comes to Biden’s approval, all the arguments are losing ones….
Correlations and the Definition of the Money Supply
The essence of what money is cannot be established by means of a statistical correlation. It…
Global Debt at Record Levels & The Free Lunch Is Over
The US economy in particular was built on borrowing and spending. Easy money is its lifeblood….
Peter Schiff: The Government Is Lying About Inflation
“The reason [Biden’s] popularity is so low is because the economy stinks. It’s because inflation is…
Resumption of Student Loan Repayments Stressing Already Stressed American Consumers
The Trump administration paused student loan repayment for the first time in March 2020 as governments…
Tech company lays off 15% of workforce
SecureWorks announced more layoffs Monday as the cybersecurity company seeks to “simplify and scale” the business…