Steve Bannon on Coronavirus Economy
Former White House chief strategist Steve Bannon joins Maria Bartiromo on ‘Sunday Morning Futures.’
Biden Jabs at Musk’s ‘Super Bad Feeling’ About Economy, Musk Replies With Disarming Tweet
Biden took a jab at Tesla CEO Elon Musk’s “super bad feeling” about the economy comment suggesting Musk was out of touch with reality.
Americans to Bear Burden of Monetary System’s Gradual Deterioration, Economist Says
Ordinary Americans can expect their wealth to get chipped away as monetary system degrades and requires more intervention by authorities to perpetuate itself.
Fed Minutes Show One More Rate Hike, Then Higher Interest Rates for ‘Some Time’
At their latest policy meeting, Federal Reserve officials were leaning towards one more rate hike and then holding rates high for 'some time.'
Why the Banking Crisis May Just Be Beginning
Silicon Valley Bank failed on March 10, becoming second largest bank to do so in our nation’s history and triggering panic in our banking system in the process.
Fed Raises Interest Rates by 0.75 Percentage Point to Highest Level Since 2008
Federal Reserve raised benchmark federal funds rate by 75 basis points to a target range of 3% to 3.25% matching market expectations.
Leading US Economic Indicator Falls for 10th Straight Month, Suggesting Recession Soon
Key indicator gauging health of American economy fell for tenth straight month in Dec, exceeding forecasts and suggesting a potential recession months ahead.
What’s Next After House Passes Debt Ceiling Deal
U.S. House of Representatives passed bipartisan legislation to suspend the nation’s debt limit through Jan. 1, 2025, despite opposition on both sides of aisle.
China Seeks to Dethrone Dollar to Corner World Energy Markets
Plan by China and Russia to replace U.S. dollar as the world’s reserve currency has had a string of recent successes, as China builds a rival monetary system.
Biden Insists Financial System Is ‘Safe’ Following Failures of SVB, Signature Bank
President Biden on failures of banks, insists U.S. financial system is “safe” after Fed Reserve rolled out emergency lending program to stabilize banking system.
Recession Odds Rise to Highest in 40 Years: Fed
Odds that U.S. will fall into a recession over the next 12 months have risen to a 40-year high, according to a probability model from the NY Federal Reserve.
IRS Warns Tax Refunds Will Be Much Lower This Year
Inflation-hit Americans who filed their taxes early have received, on average, smaller tax refunds this year, according to data published by the IRS.
