The United States Small Business Administration (SBA) has released new data showing that both the Paycheck Protection Program (PPP) and the COVID-19 Economic Injury Disaster Loan program were heavily abused by fraudsters, particularly at the start of the Wuhan coronavirus (Covid-19) “pandemic.” The SBA inspector general released a report revealing that “at least 17 percent […]
Back in 2020, Dr. Vernon Coleman was warning the world that interest rates would soon rise and inflation would soar as part of a globalist-led effort to bankrupt the country and plunge it into poverty and destruction. It turns out Coleman was right as hyperinflation and collapse now loom. Like many who tell the truth, […]
Global shipping giant FedEx plans to remove 29 aircraft from its fleet this year as part of a comprehensive cost-cutting initiative. This move aims to significantly decrease permanent costs and enhance the flexibility of the company’s logistics network in response to the downturn in global trade. During a recent earnings briefing, FedEx CEO Raj Subramaniam announced that the […]
Regional banks are currently scrambling to sell down their commercial real estate loan portfolios to minimize their risk amid fears of more bank runs like those seen late last year. The stress [.]
Bond investors warned that the U.S. is heading toward an inevitable recession – all thanks to the Federal Reserve's continued interest rate hikes. The investors' warnings contrasted [.]