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Robinhood ran into issues processing cryptocurrency trades yesterday morning, during a spike in the price of Dogecoin that sent users flocking to the app. The website DownDetector shows the outage starting around 9:30AM ET and reducing in severity about an hour later.
Robinhood crypto trading crashed during a Dogecoin spike...
The US economy is roaring back to life after stalling out during the pandemic, but there are warning signs flashing that could hit consumers right in the pocketbook.
US economy is growing quickly but flashing an inflation warning sign: Prices of goods we use every day are rising at their fastest pace in three years, with coffee up 8%, bread up ...
Yesterday we explained why with prices already soaring, global inflation was about to go into overdrive as the leading food price indicator that is the Bloomberg Agri spot index hit the highest level in six years.
One Bank Warns Soaring Food Prices Will Lead To Social Unrest...
"Lumber: +265%, WTI Crude: +210%, Corn: +84%, Copper: +83%, Soybeans: +72%, Silver: +65%, Sugar: +59%, Cotton: +54%, Platinum: +52%, Palladium: +32%, Wheat: +19%, Coffee: +13%"
And The Federal Reserve Is Trying To Convince Us That Inflation Isn’t A Problem…...
Presumably the matching rise in US consumer confidence was driven more by stimulus checks in the mail than rent checks going out the door, or chats with realtors about affording a home in a country not exactly famous for its lack of available land.
Rabo: We Are Edging Closer To A Biblical Commodity Price Increase Scenario...
But while the change in the headline data was notable, what was far more remarkable was data showing just how increasingly more reliant on the US government the population has become.
A Record 34% Of All Household Income In The US Now Comes From The Government...
The doomsayers predicted this months ago: “A MASSIVE CHICKEN WING SHORTAGE IS BREWING,” blared the headline of one trade publication in early February.
America is running low on chicken. Blame covid-19, a sandwich craze and huge appetite for wings....
The Biden administration is quietly laying the groundwork for a long-term increase in food aid for tens of millions of Americans, without going through the ordeal of a fight with congressional Republicans.
Biden Quietly Preparing for Food Stamp Increase Without Congress...
A McDonald's in Tampa, Florida, offers $50 to show up for a job interview. Even with free money plastered in big, bold black letters on its menu sign, facing a busy roadway, there are reportedly still no takers.
Tampa McDonald's Exposes America's Systemic Labor Shortage, Forced To Pay People $50 To Interview...
David Parker is the CEO of Covenant Logistics and he was blunt with analysts who follow the company on its earnings call Tuesday.
$70,000 For A Part-Time Driver...
Baltimore-based Royal Farms, a privately owned chain of more than 200 convenience stores throughout Maryland, Delaware, Pennsylvania, New Jersey, and Virginia, is ramping up part-time and full-time employment by offering signing bonuses to new employees.
Royal Farms Offers $500 Signing Bonus As Labor Shortage Intensifies...
See more about the impending foot shortage due to inflation...
April 16th Edition: Food Shortage Foreshadowing