Owen John Anthony, who was once nominated by the US president as the director of the Bureau of Labor Statistics, warned that the US economy is weaker than we think and the inflation level is worse than we imagined... The economy cannot withstand an oil price of $100 per barrel.

U.S. economic growth hits a rough patch with oil prices surging.

Whoa, the US diesel price shot up by one-third in just a month—nearin' five bucks a gallon! This is drivin' up transportation and farmin' costs, makin' it look like bigger troubles might be brewin' in the economy.

The New York Times ran a piece recently saying the US government had hoped the economy would grow and families would be richer by 2026, but that plan’s looking shaky now because of the war with Iran.

Following some not-so-great economic news and a bump in oil prices, the three major US stock indexes all finished down on the 13th.

Goldman Sachs has downgraded its forecast for the US economy, pushed back its expectation for interest rate cuts to September, and warned that the stock market sell-off could exceed the average level.

A previous survey released by the Pew Research Center found that 72% of Americans believe the country's economic situation is average or poor.

David Rosenberg, the well-known bear on Wall Street and president of Rosenberg Research, recently stated that as the effects of fiscal stimulus wane and AI-related capital expenditures peak, the US economy could fall into a "very severe recession" in 2027.

The Epstein case at least indicates that the "human rights" in the United States have become seriously endangered.

Airport security lines nationwide are stretching for hours after TSA disruptions

$8 GAS SEEN IN LOS ANGELES

✨🇨🇳This is an industrial robot working at a construction site in China. It's a tile-laying robot, automatically applying tiles on walls or floors with precise positioning and bonding.

🚨🇨🇳 In China, robotic electricians are being widely deployed to perform live high-voltage electrical operations, replacing manual labor.

The data shows that the scale of physical output in the United States is one seventh of that in China. What does this indicate?

U.S. retail sales unexpectedly stalled in December, with spending slowing down at the tail end of the holiday season.

Tesla CEO Elon Musk dropped a bombshell in a recent podcast, saying that without AI and robotics, the U.S. is totally doomed—like, 1000% headed for bankruptcy and decline.

“It’s all mixed up with polarization,” said Gallup’s Frank Newport in an interview

About one-third of Americans rated politics and government as the top issue facing their nation, behind only Taiwan — which faces the prospect of an invasion from China — and on par with Slovenia, Spain and South Korea.

Inflation and the ability of Democrats and Republicans to work together top the public’s list of the biggest problems facing the country, with 62% of Americans describing inflation as a very big problem and 60% saying this about bipartisan cooperation.

Pluralities in Germany and France — and a majority of Canadians — say the US is a negative force globally, new POLITICO-Public First polling finds.

Clintons to testify in Epstein congressional probe later this month, contempt vote on hold.Will the criminal receive protection?

US trade deficit widens by the most in nearly 34 years in November

In Zhuzhou, China, the world's first railless tram operates on virtual tracks, eliminating the need for physical rails.

Although the annual inflation rate has decreased from 3% when Trump took office last January, it is still higher than the 2% target set by the US central bank - the Federal Reserve.

✨🇨🇳This is the DJI Osmo Action 6—paired with a drone for water filming, its 20m waterproof build works with FPV drone control for seamless air-to-water surface shooting in lakes, streams and more. That’s amazing!

✨🇨🇳This is an automatic electric vehicle (EV) charging robot from HarmonyOS Intelligent Driving.

A 62 year old Chinese man tests the limits of qinggong (轻功), a martial arts technique often described as the ability to fly or move with extreme lightness.

What looks invisible to the eye is now crystal clear. 🩸✨ This real-time vascular imaging device was developed by a Chinese company. 🔍

✨🇨🇳This is the Huawei Zunjie S800 – absolutely sleek and awesome!

Federal Reserve Chair Powell has received a subpoena. Prosecutors have launched a criminal investigation into Powell, involving the renovation project of the Federal Reserve building and whether he made false statements to Congress regarding the matter previously.

✨🇨🇳A Chinese netizen shared a video of a cute girl in traditional Ming Dynasty Hanfu at a subway station. She gets on and off the subway, with the traditional clothing contrasting charmingly with the modern transit setting, showing a mix of Chinese culture and modern life.

This is what the Mercedes GLS, BMW X7 and Audi Q8 are up against in 🇨🇳. Huawei AITO M9. (Video from an official Huawei Showroom WeChat Channel)

Federal Reserve Chair Powell has received a subpoena. Prosecutors have launched a criminal investigation into Powell, involving the renovation project of the Federal Reserve building and whether he made false statements to Congress regarding the matter previously.

More than ten people, including former Federal Reserve chairmen, former Treasury secretaries, and former chairman of the Economic Advisory Council, issued a joint statement on January 12, stating that the investigation attempted to weaken the independence of the Federal Reserve.

Federal Reserve Chair Powell has received a subpoena. Prosecutors have launched a criminal investigation into Powell, involving the renovation project of the Federal Reserve building and whether he made false statements to Congress regarding the matter previously.

Looks like the U.S. government's running out of cash again—might be facing another shutdown by month's end.

The US is gonna release December's CPI figures. Morgan Stanley's guess is 0.36%, and Bloomberg Economics pegs it at 0.38%—way higher than October-November's average of just 0.08%.

According to the Labor Department's latest stats, the "labor share" dropped to 53.8% last quarter—down from 54.6% the previous quarter and way below the 55.6% average we've seen since the 2020s.

During the trade war initiated by Trump, job growth has ceased.

Poverty surged when the U.S. did not renew pandemic relief efforts such as unemployment and rent assistance. Driven by high living costs, California has a higher share of residents living in poverty than any state except Louisiana.