
Econostrum
Economics website covering technology, industry, and global markets.

Everything You Need to Know About Memorial Day 2026 Closures
Memorial Day is approaching, and Americans are planning long weekends, family gatherings, and travel. It’s also a federal holiday, which means most banks, post offices, and major shipping services will be closed on Monday, May 25, 2026. Memorial Day: What It CommemoratesMemorial Day is the nation’s foremost annual day to honor military person

Krispy Kreme Offers Cash for Data Breach Victims: Are You Eligible?
Consumers impacted by a data breach at Krispy Kreme in November 2024 have a limited window to file a claim. The class-action settlement totals $1.6 million, compensating individuals whose personal information may have been exposed during the breach. Who Is EligibleIndividuals are included in the settlement if they reside in the United States

Beachgoers Hit With $500 Fines Under Strict ‘Double Flag’ Rule
Visitors to Panama City Beach this summer could face $500 fines if they ignore the city’s double red flag warnings. The strict ordinance aims to prevent drownings by prohibiting swimming during severe water hazards, with enforcement immediate and without prior warning. Understanding the Double Red FlagPanama City Beach uses a beach safety fla

Americans Face Mortgage Crisis as Rates Jump Above 6.5%
Mortgage rates in the United States have risen above 6.5%, reaching their highest level since the start of the U.S.-Israeli conflict with Iran. The spike comes as investors react to rising inflation, energy supply constraints, and ongoing geopolitical uncertainty. Rate Increases and Current LevelsThe 30-year fixed-rate mortgage hit 6.51%, acc

Storms Turn NYC Streets into Rivers Ahead of Holiday Weekend
New York City and the surrounding tri-state area experiencedsevere storms this week, causing flooding, downed trees, and widespread disruption. The storms came after a week of intense heat, with streets quickly turning into rivers and thousands of residents losing power. Flooding and DamageBrooklyn and Queens were particularly affected, with

The “Super” El Niño That Could Rewrite America’s Weather This Summer
A potentially powerful El Niño event is expected to emerge over the coming months, with climate scientists warning of significant disruption to weather patterns across the United States. Forecasters say there is even a possibility of a so-called “super” El Niño developing, which could amplify already serious concerns. TheNational Oceanic and

Walmart Issues Warning as Rising Costs Threaten Household Budgets
Walmart has issued a warning to shoppers that rising fuel costs and the end of tax refund season could put more pressure on household budgets. The retail giant signaled that consumers may soon feel the impact at the checkout counter, as inflation outpaces wage growth for the first time in years. Economic HeadwindsCFOJohn David Rainey highligh

SNAP Is Being Gutted, And 3 Million Texans Are About to Feel It
More than 3 million Texans currently rely on the Supplemental Nutrition Assistance Programme (SNAP) to help cover the cost of groceries, but that figure is already falling, and hunger advocates say the steepest declines may still be ahead. State data shows that in April 2026, there were nearly 500,000 fewer eligible Texans participating in SN