
Layoffs, Unemployment to Spike Amid Rising Bankruptcies - Business Insider
Report Reveals Huge Increase In Layoffs Surpassing Great Recession Peaks (msn.com)
Even Jay Powell doesn’t believe the jobs numbers — why should we? (msn.com)
Weekly Jobless Claims Come in Higher Than Expected (wsj.com)
White-collar workers are struggling to find jobs as the labor market slows (msn.com)
The 'Great Hesitation': Fewer Americans are switching jobs lately as labor market cools (msn.com)

More people are taking on second jobs because they literally can’t afford not to (yahoo.com)
"54% of Americans have added a side hustle"
"66% of Americans reporting to be living paycheck to paycheck, 57% of which add that they’ve tacked on other gigs to cushion their income."
"It all results in Gen Zers being the most likely to have two jobs (at 71%), followed by millennials at 68%, Gen Xers at 48%, and boomers at 32%."

27% of Americans Are Skipping Meals Because of Skyrocketing Food Costs, Survey Shows (msn.com)
18 Reasons 70% of Americans are Struggling Financially (msn.com)
Nearly 40% of Americans paid a late fee in past 12 months: aurvey (msn.com)

66.2% of Americans Report Struggling Between (marketwatch.com)
Most Americans Living Paycheck to Paycheck This Year(investopedia.com)
More people are taking on second jobs because they literally can’t afford not to (yahoo.com)
Americans Living Paycheck to Paycheck Is Now 'the Most Common Financial Lifestyle' | Moneywise

What the price difference between ham and bacon tell us about inflation - KTVZ
New Consumer Price Index report: Food prices up 2.1% over last year (kshb.com)
Rabobank: Consumers battle fatigue over food inflation - Produce Blue Book

Nearly 80% of Americans now view fast food as a luxury (yahoo.com)
How Fast Food Became a Luxury - Newsweek
In-N-Out raises California prices of Double-Double after minimum wage law (msn.com)

Full coverage car insurance rose an average of 26% in 2024 (cnbc.com)
Nationwide says it’s dropping thousands of pet insurance policies due to inflation (msn.com)

Wall Street success doesn’t mean average Americans are thriving | Watch (msn.com)
Most Private Equity Investors Fear Cash Is Stuck in Zombie Funds | Wealth Management
These consumer stocks are struggling. What it says about the market and U.S. households. (msn.com)

18 million Americans are house poor, new study shows (msn.com)
More Than 1 in 4 American Homeowners Is ‘House Poor’(nytimes.com)
What Does Being ‘House Poor’ Mean? - MoneyTips
Millions of U.S. Homeowners Remain ‘House Poor’ - The MortgagePoint

8 Cars the Upper Middle Class Can’t Afford Anymore (msn.com)
Today's New Car Sales Part of a Great Recession-like Trend - Newsweek
Used car retailer CarMax posts 33% drop in first-quarter profit | Reuters

The End of Retirement as We Know It (msn.com)
Only 1 in 5 workers nearing retirement is financially on track (msn.com)
AARP: 1 in 5 Americans over 50 have no retirement savings (kolotv.com)

When Will the Housing Market Crash? Economists Don't Foresee It in 2024 (businessinsider.com)
Americans Are Struggling to Sell Their Homes - Newsweek
America’s Frozen Housing Market Is Warping the Economy - WSJ
More Than 3 in 5 Home Listings Are Now ‘Stale’ As Record-High Costs Dampen Demand (redfin.com)

Only 6% of Renters Can Afford to Buy an Average Home: Harvard Study - Business Insider
Less than 40% of renters earn enough money to afford the median US apartment (msn.com)
America’s housing crisis continues to worsen | CNN Business
Americans explain why they are struggling to buy a home: 'Suffocated in every corner' | Fox Business

Why Is the Middle Class Shrinking? | (usnews.com)
America's Middle Class Is Shrinking - Newsweek
Here’s how much the middle class has shrunk since the 1970s (msn.com)
7 Things the Middle Class Won’t Be Able To Afford in the Next 5 Years (msn.com)
8 Cars the Upper Middle Class Can’t Afford Anymore (msn.com)
Why more middle class Americans think they are working class (fastcompany.com)
"Middle class" is an outdated misnomer: It's now "a minimum standard of living" | Salon.com

Venezuela's inflation on track to top 1 million percent | AP News
Venezuela's stock market is booming for all the wrong reasons (vice.com)
"Venezuela is experiencing food shortages, political crisis, riots in the streets, and… a stock-market boom?"

CBO: U.S. adds $2.1T to national debt obligations in 3 months | Fortune
The National Debt Is Now So High That Every American Essentially Owes $100,000 (yahoo.com)
Why is the U.S. Fiscal Outlook More Daunting Now than After World War II? (pgpf.org)

Goodbye Inflation, Hello Recession? - (nytimes.com)
Warning signals: 30-year recession indicator 'accelerating aggressively' (finbold.com)
Recession Will Hit This Year, 21 States Flashing Red Already- Business Insider
Majority of people say US is in recession: What it means and how it is defined - Washington Examiner
21 States Where Recession Bells Are Ringing After Unemployment Jumps - Business Insider
Everybody Thinks We Are In A Recession (SP500) | Seeking Alpha
A recession in early 2025 could send the stock market tumbling 30%, strategist says (msn.com)
Living Frugally: Adopting Lessons From the Great Recession (msn.com)

IRS penalties on American taxpayers surged nearly 300% last year (msn.com)
Middle-class earners remain the most targeted group for audits | Moneywise
IRS says its number of audits is about to surge. Here's who the agency is targeting. - CBS News
Millions of Taxpayers Call the IRS for Help. Two-Thirds Don’t Reach Anyone. (msn.com)
Reminder:
IRS To Add 87,000 New Agents(forbes.com)
Biden proposes doubling IRS workforce as part of plan to snag tax cheats - POLITICO
The IRS is set to get billions for audit enforcement| CNN Politics
Ex-IRS whistleblower says middle class targeted under inflation bill (nypost.com)

Zombie mortgages haunting homeowners now facing foreclosure (nypost.com)
Zombie 2nd mortgages haunt homeowners with foreclosure : Up First : NPR

Your Dollar Buys 25% Less Than It Did 10 Years Ago: What Will It Be Worth in 10 Years? (yahoo.com)
U.S. Dollar Devalues By 99% Vs. Gold In 100 Years | Seeking Alpha
‘Real value’ of one U.S. dollar decreases by 86% in the last 50 years (finbold.com)
Infographic: The Buying Power of the U.S. Dollar Over the Last Century (visualcapitalist.com)
Even with food prices flattening out, the cost of dining out is still going up (msn.com)
Americans' buying power to erode further, report says (usatoday.com)

Student loan relief contributing to 27% jump in projected federal budget deficit, per CBO (msn.com)
How the Fed’s inflation fight inflames the national debt (msn.com)
Foreign Aid And Student Loan Forgiveness Behind Massive Increase In Deficit Estimate, – IJR
The Strategic Petroleum Reserve: Biden’s Tool for Managing Inflation (msn.com)
(Biden is putting short term relief for political benefit before long term energy security.)

Housing market crisis: Home prices jump to record high | Fortune
19 US Cities Where Home Prices Surged More Than 10% in Last Year - Business Insider
U.S. home prices hit record high, average mortgage double what it was in 2020 (yahoo.com)
U.S. home prices have far outpaced paychecks. : NPR
61% of Americans Priced Out of the Housing Market | | wvgazettemail.com
Housing Prices Weren’t Supposed To Do This, But Did Anyway (msn.com)
When a door closes, a window opens.

The Signs Are There: The Gold Standard Is Coming Back (forbes.com)
Gold At $3000/Oz In Sight As Central Banks Continue To Buy (forbes.com)
U.S. Congressman Introduces Gold Standard Bill as Inflation Spirals Out of Control (yahoo.com)
Three Congressmen Introduce Gold Standard Bill to Stabilize the Dollar's Value (yahoo.com)
This Is Why The U.S. Must Consider Returning To The Gold Standard (forbes.com)
Survey shows record central bank interest in gold purchases (msn.com)
Central Banks Are Looking at Record-High Gold Purchases (msn.com)
Better to follow the yellow brick road than stocks so far in 2024 (investmentnews.com)

Switch to gold standard could stabilise prices – Philadelphia Fed research - Central Banking
Judy Shelton, Trump’s Federal Reserve pick, backs a gold standard | CNN Business
Timely Topics Videos: About the Gold Standard (stlouisfed.org)
How to Return to the Gold Standard (fee.org)
Wishes and Rainbows - Federal Reserve Bank of Boston (bostonfed.org)
Following the Yellow Brick Road: How the United States Adopted the Gold Standard - (chicagofed.org)
Summary of H.R. 5404 (115th): To define the dollar as a fixed weight of gold. - GovTrack.us
We Just Tested The Gold Standard -- It Still Works (forbes.com)
Alan Greenspan Urges Return to the Gold Standard to Stop Hyperinflation (cointelegraph.com)

Breaking the Bank: Sen. Lee Introduces Bill to Abolish the Federal Reserve - Mik... (senate.gov)
How the Fed Could Accidentally Break the Global Economy - The Atlantic
The Fed can still break markets. Here’s how | CNN Business
The Federal Reserve Just Might Cause a Financial Crisis (nymag.com)
Federal Reserve Broke The Budget. Buckle Up For What Comes Next. | (investors.com)
The Fed can’t go bankrupt. Anymore. (ft.com)
Silicon Valley Bank collapse: Is the Federal Reserve to blame? - Vox

House GOP keeps up attacks on IRS with bill to abolish the agency | CNN Politics
Trump says he will eliminate taxes on tips (cnbc.com)
Here’s why the House GOP made defunding the IRS its first priority (yahoo.com)
Florida Rep. Matt Gaetz, Kentucky Rep. Thomas Massie Intro “Tax Free Tips Act Of 2024” (msn.com)

Fed’s $1 trillion pile of paper losses are turning into actual losses - MarketWatch
Fed posts record loss of $114.3 billion in 2023 (yahoo.com)
The Fed is bankrupt (thehill.com)
The Fed is technically insolvent. Should anybody care? | American Banker

Trump floats eliminating U.S. income tax and replacing it with tariffs on imports (cnbc.com)
Pence unveils economic proposal that includes eliminating EPA and CFPB | CNN Politics
Which agencies would GOP candidates cut? Try to remember all of these | CNN Politics
Why Trump’s Drastic Plan to Slash the Government Could Succeed - WSJ
Trump keeps his pledge to shrink size of government | The Seattle Times
Marjorie Taylor Greene Calls for Mass Government Layoffs (msn.com)
The Case For Abolishing The CIA - Carnegie Endowment for International Peace
Yes, Cut the Federal Government and Its Workforce | Cato at Liberty Blog
The Changing Shape of Government | Brookings
After JFK was killed, ex-president Harry Truman called for CIA abolition – JFK Facts
How To Downsize the Government | Hoover Institution How To Downsize the Government
The true size of government is nearing a record high | Brookings