Economics (420)
Inflation Alert: Walmart Slashes Price Tags Amid Low Consumer Buying Power
Written by Breaking
In a Monday update, Walmart disclosed that it would continue reducing prices for general merchandise as inflation causes consumers to stress.
Must See: WH Struggles To Answer This Recession Question
Written by Breaking
Brian Deese, the director of President Joe Biden's National Economic Council, was met with a series of questions at Tuesday's White House press questioning the administration's rhetoric on inflation and a recession.
Another Bursting Bubble: Will White House Still Deny A Recession Is Here When This Blows Too?
Written by Breaking
With the Federal Reserve set to jack up interest rates again this week, Wall Street is on alert for signs of recession. Recent housing data indicates the sector may be a harbinger of a cooling economy.
Recession Update: Biden Admin Quietly Spreads Misinformation By Doing This
Written by Breaking
The purpose of an economic recession is commonly comprehended as an economic deterioration, which is generally considered as a fall in GDP over two consecutive quarters. However, for the Biden administration in the White House, it's time for a new definition. This redefining of "recession" comes as a report on GDP is expected Thursday.
Shell Game: Biden Admin Trying To Spin That The Economy Is Great, By Changing Economic Terms
Written by Breaking
The definition of an economic recession is commonly understood to be an economic decline, which is commonly identified as by a fall in GDP over two consecutive quarters.
Biden's America: If The Shelves Look Empty Today, Just Wait A Few More Weeks
Written by Mid-Day 1
Shocking pictures of cargo-laden freight boats waiting to unload at the Port of Oakland show the real-time effects of a trucker strike that's set to enter its second week.
The 'R' Word: She Admits It Is Only Getting Worse, But Treasury Secretary Playing Politics With The Economy
Written by story2
The United States' economy is growing worse, but the country is not in a recession — at this time — Treasury Secretary Janet Yellen said Sunday.
Waking Up: Biden Admin Finally Sounds The Alarm On America's Chip Industry As A Security Issue
Written by Leading
Commerce Secretary Gina Raimondo on Sunday said on CBS News that federally funding semiconductor manufacturing, which is already a thriving industry in the United States, was a topic of national security.
Economic Disaster: Feds Fighting Hopelessly Against Upcoming Recession
Written by Breaking
U.S. central bankers face a worsening condition act as they struggle to curb soaring inflation while still maintain the economy's growth, though they have made it clear they are ready to risk a recession.
So Much For Low Unemployment: Ford Announces 8,000 'Job Cuts' Are Coming Soon
Written by Story7
Ford Motor Co. intends to cut as many as 8,000 jobs from its internal combustion engine division as it strives to transfer more funding into its electric vehicle division.
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Biden's Economy: Ford Cutting Thousands Of Paying Jobs
Written by Breaking
Ford Motor Co. intends to cut as many as 8,000 jobs from its internal combustion engine division as it strives to transfer more funding into its electric vehicle division.
Biden's Treasury Secretary Who Said Inflation Was 'Transitory' Now Backs Another Bad Idea
Written by Breaking
U.S. Treasury Secretary Janet Yellen on Wednesday announced she welcomed a decision to suspend Ukraine's debt service obligations by a group of six creditor countries, including the United States, and pressed different official and private creditors to join the attempt.
Social Security Payments Expected To Rise Again
Written by Multi-Article-Alert-3
Social Security payments are expected to grow in 2023 due to soaring inflation, according to analysts.
Collapsing Economy: Most Americans Feel Fiscally Unstable
Written by Leading
Around 6 in 10 adults are stressed about their next paychecks as capable of aiding themselves or their families as inflation drives the cost of living to increase.
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