Category: Business & Economy

Even though Texas is doing everything in its power to contain the fallout that, it appears that the crisis is now spreading, because as a result of the persistent freeze and rampant “force majeueres” across the industry, more than 4 million barrels a day of output – almost 40% of the nation’s crude production – is now offline.

The week’s biggest story is the plunge in temperatures across the Great Plains from Canada to Texas, resulting in skyrocketing demand for natural gas and electric markets as tens of millions of Americans crank up their thermostats to stay warm. And that surge in energy costs comes at a time when incomes/jobs remain suppressed and Americans are being told to stay indoors.

The shortage of physical silver is exposing a tear in the precious metals market unlike any we have seen before.

In a blowout comedy for the ages, finance pirates take it up the clacker

The federal ban on evictions expires in January. For millions that’s when huge problems start.