John Hugh DeMastri

Senior Fed Official Warns Against Repeating This ‘Mistake’ Of The 70s

The head of the Federal Reserve Bank of Minneapolis cautioned the Fed about lowering interest rates too quickly, noting that the…

4 years ago

Fearing Fed, Stocks Tumble And Major Investor Slashes Expectations

All three major U.S. stock indices fell Friday morning as investors worried that the Federal Reserve’s ongoing campaign of aggressive…

4 years ago

Gas Prices Rise For First Time Since June

Following nearly 100 days of declines, gas prices rose slightly Wednesday, and are forecasted to change little in the near…

4 years ago

TikTok Bans Political Fundraising Just Weeks Before Midterms

TikTok announced plans to ban all forms of campaign fundraising on its app Wednesday morning, just weeks ahead of midterm…

4 years ago

Stocks Stay Volatile As Recession Fears Loom

Major stock indices wavered this morning, as investors fretted over a potential recession and waited for the Federal Reserve to…

4 years ago

TikTok Exec Refuses To Stop Sending Data To China

A high-level TikTok executive repeatedly refused to stop sending American users’ data to China in a congressional hearing Wednesday, claiming…

4 years ago

Impending Railroad Strike Could Grind The Entire Economy To A Halt, Experts Warn

An impending railway strike could leave 40% of all long distance trade halted and shipping containers stranded in ports if…

4 years ago

Amazon Spends Big To Keep Drivers From Jumping Ship

After years of high turnover that left some employees feeling expendable, Amazon is spending just shy of half a billion…

4 years ago

Under Biden, Income Inequality Spikes For First Time In Ten Years

The Gini index, a common measure of the inequality between the lowest and highest earners in a society, rose in…

4 years ago

Americans Are Still Getting Poorer Under Biden, Data Shows

Real wages shrunk for the seventeenth month in a row as the Biden administration continues to ramp up spending amid…

4 years ago

Food Prices Hit 40-Year High, Keep Breaking Records Every Month

Food prices have increased every month of 2022, with each month since February breaking 40-year records, according to data from…

4 years ago

Big Labor: More Than 10,000 Minnesota Nurses Launch Largest Nursing Strike In U.S. History

The Minnesota Nurses Association (MNA) launched the largest private sector nursing strike in U.S. history on Monday morning due to…

4 years ago

Small Businesses Might Drop Obamacare As Premiums Skyrocket

Health insurance premiums offered under the Affordable Care Act (ACA), colloquially known as Obamacare, will rise next year, hitting small businesses…

4 years ago

Yellen Says US Economy Is Stronger Than Before The Pandemic

Treasury Secretary Janet Yellen, speaking at a Ford electric vehicle center in Michigan Thursday, said that despite high inflation, current…

4 years ago

For First Time In History Chinese People Are Living Longer Than Americans

As life expectancy declines in the United States, life expectancy in China has continued its steady climb, potentially surpassing the…

4 years ago