Category: Economy

Why Is Walmart Laying Off So Many Workers?

By Michael Snyder Article Source If brighter days are eventually coming for the U.S. economy, why would Walmart be so eager to lay off corporate employees?  Of course the truth is that brighter days are not coming.  Yesterday, I...

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Inflation Pushes Household Debt to New High

By David Kelly Article Source Inflation and rapidly growing interest rates pushed total household debt up to a record $16.2 trillion last quarter as credit card spending posted the biggest yearly spike in more than 20 years, the...

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