ECONOMICS

Authored by Josh Koebert via FinanceBuzz,

Whether it’s for speed, convenience, or price, it’s no secret that Americans love fast food. Convenience aside, fast food has also been considered one of the most budget-friendly options to feed your family outside of cooking at home.

However, fast foodies claim menu prices have skyrocketed in recent years, prompting backlash online and on social media.

Have fast food prices really changed so dramatically? And if so, by how (more…)

For much of the past year we had been pounding the table on two very simple facts:  not only has the US labor market been appallingly weak, with most of the jobs "gained" in 2023 and meant to signal how strong the Biden "recovery" has been, about to be revised away (as first the Philly Fed and now Bloomberg both admit), but more shockingly, all the job growth in the past few years has gone to illegal aliens.

We first pointed this out more than a year ago, and since then (more…)

Commentary by Peter St Onge via The Epoch Times (emphasis ours),

(Rashevskyi Viacheslav/Shutterstock)

It turns out renters and homeowners are living in two entirely different economies, at least according to a new study by the Federal Reserve—which, ironically enough, made it happen.

In short, renters are in dire straits financially, while homeowners are “continuing to reap the rewards” of cheap pandemic money that left renters with nothing but inflation. (more…)