Jack McEvoy

Major US Bank Sees Profits Nosedive As Recession Fears Grow

JPMorgan Chase, the largest U.S. bank, announced a 28% decline in its second-quarter profits Thursday as economists’ fears of recession…

4 years ago

Inflation Is Hitting Producers Even Worse Than Consumers, New Data Shows

Inflation measured by the Producer Price Index (PPI) reached 11.3% year-over-year in June, increasing by 0.4% from May, according to…

4 years ago

Federal Court Strikes Down Law Against Openly Encouraging People To Come Into The US Illegally

A U.S. federal appeals court ruled Wednesday that a federal law banning the encouragement of non-U.S. citizens to enter or…

4 years ago

Even Democrats Are Wondering Why The Biden Admin Isn’t Blacklisting Chinese Solar Companies Over Slave Labor

Democratic lawmakers wrote a letter to U.S. customs officials asking them to explain why three major Chinese solar producers were…

4 years ago

Gazprom Won’t Guarantee It Will Turn The Gas Back On For Germany

Russian state-run energy conglomerate Gazprom cast doubt on the prospects of promptly resuming the supply of natural gas through western…

4 years ago

‘This Is Catastrophic’: Here’s How Much Poorer Americans Have Gotten Since Biden Took Office

Under the Biden administration, skyrocketing fuel costs and exploding inflation are hurting everyday Americans the most, according to an economist…

4 years ago

Top New York Judge Steps Down Amid Investigation Into Possible Ethics Violations

New York’s top judge resigned Monday amid claims that she improperly attempted to influence a disciplinary hearing, reported The Wall…

4 years ago

Wind Power Fails Texas Electrical Grid When It Needs It The Most

Wind power is failing Texas during a record-setting heat wave with turbines producing only 8% of their potential energy output,…

4 years ago

The White House Is Already Trying To Take Credit For Falling Gas Prices. Here’s Why That’s Malarkey

A Biden administration economic official credited President Joe Biden’s policies for a recent decrease in gas prices despite the fact…

4 years ago

Protests Rage As Chinese Banks Won’t Let People Withdraw Their Funds

Crowds of Chinese bank customers demonstrated outside a bank on Sunday over bank accounts that were frozen for months in…

4 years ago

‘We’ve Lost Several Hundred Jobs A Day’: Economist Finds Red Flags In Biden’s Positive Jobs Report

An economist for The Heritage Foundation poured cold water on President Joe Biden’s seemingly positive jobs report, citing the potential…

4 years ago

China Is Hoarding Grain And Corn Amid Global Food Shortages

China continues to stockpile large amounts of grain and corn, tightening supply and inflating prices amid global food security concerns…

4 years ago

Biden’s EPA May Shut Down Half America’s Natural Gas Export Capacity

The Biden administration is expanding restrictions on carbon emissions that could shut down half the liquefied natural gas (LNG) export…

4 years ago

Biden Admin to Force States to Track, Reduce CO2 Emissions From Cars On Highways

The Biden Administration is pushing new regulations that would require the states to track greenhouse gas emissions and set declining…

4 years ago

Dems Still Pressuring Manchin to Back Climate Bill That Will Make Inflation Worse

Democratic leaders in Congress are pressuring Democratic West Virginia Sen. Joe Manchin to back a revamped proposal to battle climate…

4 years ago