Sen. John Kennedy: Congress has got to reduce the rate of growth of spending...
Congress must reduce the rate of growth of spending and reduce the rate of growth of debt accumulation if it wants to stop inflation proves Kennedy while grilling Powell.
US ‘Heavily Dependent’ on China for Rare Earth Elements: Experts
U.S. dependency on China for rare earth elements is a security risk and exacerbated by Biden admin’s forced transition to green technologies.
Biden Announces $3 Billion in New Military Aid for Ukraine
Biden said the United States is sending almost $3 billion more in military assistance to Ukraine, as the war there enters its seventh month.
Ahead of Expected Dismal Economic Data, White House Seeks to Redefine ‘Recession’
White House economic advisers issued a note clarifying the definition of recession prior to the release next week of dismal economic data.
Senator Rand Paul: Stop Piling Debt on Future Generations, Open the Economy, and Cut...
WASHINGTON, D.C. – Shortly before legislators received a nearly 5,600-page government funding/COVID-19 response bill that they are expected to quickly digest and vote on, U.S....
US Debt Hits A Record $34.001 Trillion
Latest Treasury Daily Statement reflecting US Treasury's financial statements as of Dec 29, 2023, shows total US debt as of year end was over $34 trillion.
US Inflation Remains Persistently High at 8.2 Percent, Fueled by High Rent and Food...
The U.S. annual inflation rate came in at 8.2 percent in September, down from 8.3 percent in August, according to the latest data from the Bureau of Labor...
Clinton-Era Treasury Secretary Warns Inflation Is Primary Risk to Economy, Not Excessive Slack
Larry Summers, who served as treasury secretary under President Bill Clinton and director of the National Economic Council under President Barack Obama, has issued...
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.
Americans Will Pay 17 Percent More for July 4 Cookout: Farm Bureau
U.S. consumers can expect to pay 17% more to eat on Independence Day in 2022, according to report from American Farm Bureau Federation.
Steve Cortes: America is Entering the Most Dangerous Economic Times since before WWII
Steve Cortes straight talk about economy in contrast to “happy talk” on CNN and mainstream media. “The reality is that we’re in a recession".
Finance Sector Braces for Shockwaves After Silicon Valley Bank Collapse
Silicon Valley Bank became nation’s second-largest bank failure needing to generate $2.25 billion to cover decline in deposits and to improve financial position.
