News

Economic anxiety leads to consumer spending cuts

Economic fears escalate as consumers and businesses cut spending, reflecting rising anxiety over inflation and potential recession.

Published

10 months ago

March 15, 2025

Ahron Young

Economic fears escalate as consumers and businesses cut spending, reflecting rising anxiety over inflation and potential recession.

In Short

Consumer and business sentiment is declining due to economic uncertainty, leading many to cut back on spending. This shift is affecting both individual households and small businesses, causing widespread anxiety and caution in financial decisions.

Consumer and business sentiment is decreasing amid economic uncertainty, prompting many to cut back on expenses.

Discussions about economic issues, including layoffs and inflation, have increased, leading to reductions in discretionary spending. Research shows significant declines in consumer sentiment, with the University of Michigan reporting an 11% drop in March.

Many consumers are scaling back on non-essential purchases, evidenced by major airlines like Delta reducing their revenue forecasts. Walmart’s CEO remarked on observable consumer stress due to budgeting pressures.

Small business

Small businesses are also feeling the impact, with many reporting decreased sales and customer visits. Owners are experiencing heightened uncertainty, leading to precautionary measures.

Suresh Mallikaarjun, a retiree in Washington D.C., noted significant caution in his financial decisions, influenced by market volatility. Anecdotes of anxiety among consumers highlight the pervasive worry affecting spending behaviour.

As consumers tighten their budgets, the broader economic consequences could create a cycle of reduced growth, demonstrating the essential role of consumer confidence in economic performance.

News

Trump declares US ready to support Iranian protesters

Trump pledges US support for Iranian protesters as regime arrests 100 amid escalating crackdown on dissent

Published

24 hours ago

January 11, 2026

Ahron Young

Trump pledges US support for Iranian protesters as regime arrests 100 amid escalating crackdown on dissent

In Short:
– Trump supports Iranian protesters and promotes their quest for freedom amid government crackdowns.
– Iran reports arrests and increased military threats against protesters, with international demonstrations in solidarity emerging.

Donald Trump has warned Iran’s clerical regime that the US is “ready to help” anti-government protesters facing a crackdown. He stated on his social media platform, Truth, that the nation is witnessing a push for freedom like never before.On Saturday, Iran’s government reported the arrest of 100 “armed rioters” amid ongoing demonstrations. Rights groups claim at least 116 protesters have been killed, with unrest erupting over Iran’s currency collapse and demands for the overthrow of Supreme Leader Ayatollah Khamenei.

The Iranian military has intensified threats against protesters, warning that anyone participating could be deemed “enemies of God”, carrying a potential death sentence. There have been claims of “terrorist agents” linked to the US and Israel stirring unrest.

Protester Responses

International protests have also emerged in solidarity with Iranian demonstrators.

In London, an individual was seen tearing down the Iranian flag from the embassy, drawing attention to the global dissent. Iranian state media has accused “rioters” of violence and targeting military bases, amidst a climate of increased government scrutiny and restrictions.

With the internet down in Iran, accurate assessment of the situation remains challenging. Reports indicate scattered protests continue, but fear of government retaliation complicates participation.

The Iranian government’s response highlights the volatility of the political situation, and the growing international pressure on Tehran.

News

Minneapolis protests erupt after fatal ICE shooting

Tensions rise in Minneapolis after fatal shooting by ICE agent, sparking protests and unrest as investigations unfold.

Published

3 days ago

January 9, 2026

Harvey Vargas

Tensions rise in Minneapolis after fatal shooting by ICE agent, sparking protests and unrest as investigations unfold.

Tensions in Minneapolis have escalated following the fatal shooting of a mother by a U.S. Immigration agent. The incident has sparked outrage across the city, with residents taking to the streets to demand justice. Authorities are struggling to contain the unrest as public anger continues to mount.

State and federal officials are now at odds over the investigation. The Minnesota Bureau of Criminal Apprehension has stepped back after the FBI assumed control, while the state attorney general has warned that state-level charges could still be pursued independently. The political divide adds another layer of complexity to an already volatile situation.

In response to the protests, schools in Minneapolis have closed and the National Guard has been activated to maintain order. Citizens are being urged to stay safe as tensions remain high and the city braces for further demonstrations.

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News

Iran protests escalate as economy crumbles

Iran faces widespread protests as currency collapse and soaring inflation strain household budgets, fueling public anger.

Published

3 days ago

January 9, 2026

Harvey Vargas

Iran faces widespread protests as currency collapse and soaring inflation strain household budgets, fueling public anger.

Protests are spreading across Iran after the country’s currency suffered a dramatic collapse, pushing inflation to more than 42 percent in December. Rising prices are squeezing household budgets, with basic goods becoming increasingly unaffordable for millions of Iranians.

What began as frustration over the cost of living has quickly grown into widespread public anger, as families struggle to keep up with soaring expenses amid a weakening rial and economic uncertainty.

These economic pressures have become the catalyst for demonstrations across major cities, marking one of the most serious waves of unrest linked directly to inflation in recent years.

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