where's the beef? |
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https://www.cnbc.com/2026/02/27/ppi-january-2026-.html
The core producer price index, which excludes volatile food and energy prices, increased a seasonally adjusted 0.8%, more than the 0.6% gain in December and well ahead of the Dow Jones consensus estimate for 0.3%. |
| ouch, that isn't a good number....and that is without food and energy, which are also way up. |
| MAGA so quiet about our sh*t economy thanks to Trump. |
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... And down goes the stock market...
How long before Trump steps in to manipulate? |
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And more layoffs
https://www.axios.com/2026/02/26/block-layoffs-ebay-dorsey-amazon-facebook Block announced on Thursday that it's cutting 4,000 employees, about 40% of its workforce. ... By the numbers: U.S. companies announced 108,435 layoffs for January, up 118% from a year ago and up 205% from December 2025, per a recent report from outplacement firm Challenger, Gray & Christmas. That's the highest number for any January since 2009. |
| this is the tip of the iceberg for layoffs... |
Yup, rate cuts off the table with inflation that high. |