By Institute for Energy Research A new study by Deloitte indicates that over 35 percent of independent oil companies worldwide are likely to declare bankruptcy this year and another 30 percent may follow next year.(i] Low oil prices are making oil companies cut dividends and expenditures, lay off workers and otherwise reduce expenses to pay […]
Risks to global growth have increased since November and world leaders have little left in their fiscal and monetary arsenals to mitigate the threat, Moody’s has warned. In its quarterly Global Macro Outlook 2016-17 report released Thursday, the ratings agency said that growth prospects were being hammered by China’s slowdown, a slump in commodity prices […]
This video shows over a thousand U.S. factory workers learning they’re losing their jobs after Carrier Air Conditioning decided to move production to Monterrey, Mexico.
By Herman Cain It happened again on Friday. Two pieces of news that don’t seem possible to square with one another. On the one hand, the U-3 unemployment rate declined to 4.9 percent, which sounds like wonderful news! On the other hand, the economy only created 151,000 new jobs, which is not even enough to […]
Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country. It appears that the retail apocalypse that made so many headlines in 2015 has gone to an entirely new level as we enter 2016. […]
By Greg Hunter’s from USAWatchdog.com Money manager Michael Pento says the next crash will be one for the record books. Pento contends, “If you look at any of the economic data coming out, it screams recession. It will be one of the worst recessions since 2008 and 1929—combined.” This is a description of a global […]
A dismal start for the stock market this year has pushed the Standard Poor’s 500 index into what is known as a “correction,” or decline of 10 percent or more from a recent peak. Here are some common questions asked about corrections and what they mean to investors: ___ WHAT IS A STOCK MARKET CORRECTION? […]
Posted by soopermexican on Jan 19, 2016 at 6:46 PM Trump was shocked that Cruz came out against ethanol subsidies because that’s the only way you can win Iowa: Trump again hits Cruz on ethanol, then says that he, like other pols, are controlled by special interests and donors. — Ali Vitali (@alivitali) January 13, […]
By: CR Wire | January 20th, 2016 Conservative Review Editor-in-Chief Mark Levin explained why Donald Trump, the supposed anti-establishment candidate, is siding with the establishment on the ethanol mandate. It has everything to do with trying to pander for votes. Listen: Levin explained what crony capitalism is. That it is the state picking winners at […]
The case against the minimum wage is easy to make when it comes to small businesses. Many are just scraping by, and common sense tells us that minimum wage hikes can substantially cut into their ability to operate profitably. But what about those companies bringing in billions? Liberals certainly are rhetorically strong when they tell […]
