‘We’re Going to See a Lot of Bankruptcies’: Former CEO
Bob Nardelli, the former CEO of Home Depot, is warning about more bankruptcies hitting the U.S. economy, and blames lawmakers for their delay in...
Are ‘Inflation Relief’ Checks Like Pouring Gas Onto Inflationary Fire?
Critics argue “Inflation relief” checks or tax rebates to help households only amount to fiscal stimulus keeping inflation higher for longer.
Federal Budget Deficit Suddenly Doubles, Signaling Disaster
The GDP and labor numbers keep being revised downward and inflation is still on the march. The agencies have outright lied about the data they are reporting.
As Americans Struggle Financially, Climate Agenda Set to Spark New Food Price Hikes, Analysts...
The net zero climate agenda is pushing regulations and costs onto farmers, which translate to costlier food items for Americans.
US Economy Declines 1.4 Percent in the First Quarter
The U.S. economy contracted 1.4 percent in the first quarter, new Bureau of Economic Analysis (BEA) data show. The market had forecast growth of 1.1 percent.
This...
IRS Raises 401(K) Contribution Limit by Record Amount Amid Raging Inflation
The Internal Revenue Service (IRS) on Friday announced it would raise the 401(k) contribution limit by a record 9.8 percent amid decades-high inflation.
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.
McCarthy Rejects White House Demand for ‘Clean’ Debt Ceiling Hike
Kevin McCarthy rejected Biden’s demand that Congress increase debt ceiling without attaching any conditions such as spending cuts that Republicans are demanding.
Trump and GOP Governors Criticize Biden Administration Over Record Inflation
Trump and Republican governors criticized Biden admin, saying its poor decisions and policies have led to current record-high inflation.
Key Economic Bellwether Shows America Could Be Heading Toward Recession
Some economists used cooper as barometer on strength of economy and Copper prices dropping weekly suggests a recession is looming.
Inflation Is Eroding American Workers’ Wages: Federal Reserve
Most workers in the United States have seen their wages fall behind inflation in the past year, according to a recent report by the Federal Reserve Bank of Dallas.
Moody’s Places 6 US Banks on Review for Downgrade
Credit ratings agency Moody’s has put six U.S. banks on review for downgrade, including First Republic Bank, which is one of the largest in the country.
