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Millions Of Americans Are Giving Up On Buying New Cars

Millions Of Americans Are Giving Up On Buying New Cars A growing number of Americans can no longer afford to buy new vehicles. Since 2020, roughly one million potential buyers have exited the market, and industry forecasts suggest they are unlikely to return soon, according to Wall Street Journal.  Although automakers initially expected sales to recover to pre-pandemic levels, persistent economic pressures have kept demand below earlier expectations. Before COVID-19, U.S. new-vehicle sales typically reached around 17 million units annually. Today, most forecasts place demand closer to 16 million vehicles or less,...
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May 5, 2026 / Tyler Durden
Texas Doctor Found Guilty For Illegally Distributing Millions Of Opioid Pills
Texas Doctor Found Guilty For Illegally Distributing Millions Of Opioid Pills Authored by Kimberly Hayek via The Epoch Times (emphasis ours), A federal jury in Texas found a physician guilty of unlawfully distributing over a million pills of opioids and other controlled substances from a Houston-area clinic that operated as a pill mill, the Justice Department announced Monday. Tablets of opioid painkiller Oxycodone delivered on medical prescription in Washington on Sept. 18, 2019. Eric Baradat/AFP via Getty Images Dr. Barbara Marino, 65, of Tomball, was the sole prescribing physician at Angels Clinica, where...
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Apr 20, 2026 / Ron Paul
America: Land of the (Not Really) Free
Last week, President Donald Trump commemorated income tax payments being due by having DoorDash deliver food from McDonald’s to the White House. The delivery was intended to highlight the first year of tax-free tips. Removing tax on tips was part of the 2025 Big Beautiful Bill (BBB). As the sponsor of the first No Tax […]
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Apr 30, 2026 / Tyler Durden
Goldman Maps Retailer Exposure To Working-Poor Consumers As Gas Soars
Goldman Maps Retailer Exposure To Working-Poor Consumers As Gas Soars With the nationwide average gasoline price accelerating above the politically sensitive $4-per-gallon level, and the consumer backdrop for low-income households darkening, Goldman analysts published a note on Wednesday identifying which big-box retailers have the greatest exposure to working-poor households. "Our economists expect spending headwinds from higher inflation to weigh on growth for the rest of the year," Goldman Sachs Managing Director Kate McShane wrote in the note. She covered how Goldman analysts raised their Brent forecast for the fourth quarter of...
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