Category: Business & Economy

Teetering On The Brink: 63% Of Americans Are Living Paycheck-To-Paycheck

According to a survey that was just released, 63 percent of Americans were living paycheck to paycheck in September…

As rising prices continue to outpace wage gains, families are finding less cushion in their monthly budget. As of September, 63% of Americans were living paycheck to paycheck, according to a recent LendingClub report — near the 64% historic high hit in March. A year ago, the number of adults who felt strained was closer to 57%.

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Where Is All The Oil Going?

The Strategic Petroleum Reserve is being drawn down, but end consumers are using up the refined oil stocks. The implication is that US oil producers need to increase production, and will likely need to see higher oil prices.

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Satellite Image Reveals ‘Agriculture Wasteland’ Across California’s Rice Capital

New satellite imagery shows a large swath of California’s rice fields has been left barren without harvest as fears of a ‘mini dust bowl’ emerge due to diminishing water supplies. A report via the US Department of Agriculture shows about 300,000 out of the 550,000 acres committed to rice growing in California will go without harvest. This could potentially drive up prices nationwide.

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