Economy17GEN4Sep 25, 20233 min readUpdated: Aug 3, 2024Denny’s customer fumes after comparing old $5.99 breakfast meal prices to $17 for same menu itemJuly jobs report: Unemployment rate jumps to 4.3%, job gains total just 114,000 as labor slowdown deepensBusiness Bankruptcies Up 40% Since January 2023; Small Biz up 60%Intel will lay off about 15,000 people, most of them by the end of this yearJobless Claims Surge To Highest Level in Nearly A Year, Ongoing Joblessness Hits Highest Since 2021Gigantic Retailer Closing Doors of 559 Stores Across AmericaNationwide pizza chain on brink of bankruptcy has a new ownerRedbox - the once highly popular movie rental service and rival to Blockbuster - is to see its brightly colored kiosks disappear for good from outside grocery stores and drugstoresPennsylvania county's last remaining Denny's shuts after 45 years - joining dozens more of the franchise's locationsBob's Stores to shut ALL stores - week after filing for bankruptcyWhy stores and brands are shrinking product optionsThe World Is in for Another China Shock China is flooding foreign markets with cheap goods again. This time it isn’t buying much in return.Hotshot Wharton professor sees $34 trillion debt triggering 2025 meltdown as mortgage rates spike above 7%: ‘It could derail the next administration’Rich Countries Are Becoming Addicted to Cheap Labor Businesses are relying more on migrant workers as labor shortages persist, but economists warn of long-term dangersThe U.S. national debt is rising by $1 trillion about every 100 daysWorkers at Macy's San Francisco say SHOPLIFTING is to blame for closure, despite mayor insisting crime was not a factor: Mens' dept. staffer says four blazers, 10 wallets and 20 packs of underwear stolen dailyBig Tech’s Roaring Profit Machine Eases Fears of Rally ReversalDollar Rides Wave of US Exceptionalism to Reign SupremeMacy's to close 150 stores in major turnaround effort - but will open more high-end Bloomingdale's and Bluemercury locationsIt’s Been 30 Years Since Food Ate Up This Much of Your IncomeRetail sales tumbled 0.8% in January, much more than expectedCredit card debt increases by $50B to new record highThe Real Estate Crisis Looming Over BanksYellen dodges on whether Treasury Department moved to surveil Americans' legal purchases Treasury Department allegedly flagged terms such as 'MAGA' and 'Trump,' as well as religious texts such as the BibleGovernment extends ban on foreign buying of Canadian housingScorching US economy throws off market's Fed cut narrative‘WHOPPER!’ CNBC Anchor Stunned Over Hot New Jobs Report — ‘HUGE JUMP’ In PayFormer Trump Advisor Praises Joe Biden's Economy: 'I Was Wrong'S&P 500 closes at a record, rises for a fourth-straight week on strong tech earnings: Live updatesU.S. economy added 353,000 jobs in January, much better than expectedA Famed Analyst’s Final Forecast Is the Fall of the U.S. Economy_DNYUZAmericans Are Still Fleeing High-Tax States_REASONAmazon cutting 'several hundred' jobs in Alexa division_FOXBUSINESSWeWork files for bankruptcy: How the company tumbled after a valuation of $47B in 2019_FOXYellen: Rising Cost of Debt Is Due to Strong Economy, Not Large Deficit_BREITBART Finding a Tech Job Is Still a Nightmare_WIREDFrustrated Target shopper slams retail giant after it took her an entire HOUR to shop for a 'single bag of essentials' - because all of the products were LOCKED UP to combat soaring crime_DAILYMAIL 75,000 union health care workers at Kaiser Permanente go on strike_FOXBUSINESSNew York Gov. Hochul announces 18,000 jobs for asylum seekers as city's migrant influx exceeds 125,000 people Hochul announces 18,000 private sector job openings at 379 companies willing to hire migrants_FOXNEWSCalifornia Republicans tell Newsom to suspend the state's gas tax as gallon price soars to nearly $7 - twice the national average: 'This is madness’_DAILYMAILBidenflation: Prices Rises Twice as Fast on Soaring Gas, Highest Inflation in 7 Months_BREITBART California fast food workers will be paid $20 per hour next year as Gavin Newsom raises minimum wage by $4.50_DAILYMAIL Oakland Target slated to close saw 105 calls to police this year_SANFRANCISCOCHRONICLETarget to close nine stores across four states because of theft and crime_STARTRIBUNE It’s Starting to Look Like the Crash of 2000 All Over Again_ZEROHEDGE Joe Biden is bankrolling Ukraine's 57,000 first responders - and even funding fashion stores, schools and farms - in $10bn aid package_DAILYMAIL 17GEN4 News
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