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In The News
Georgia Taxpayers are Latest Victims of Electric Vehicle Gambles
Taxpayers could be on the hook if electric vehicle (EV) manufacturer Rivian fails to resume progress on its multi-billion dollar…
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Money & The Economy
Fed Chair Disputes View That Economy Is Stalling
Jerome Powell, chair of the Federal Reserve, told reporters Wednesday during a press conference that he does not believe that…
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Money & The Economy
Latest Productivity Data Spells More Trouble For Future Of American Economy
U.S. productivity growth slowed in the first quarter of 2024, casting doubt on the American economy’s future growth, according to…
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Money & The Economy
Fed Keeps Rates Steady As Interest Cut Dreams Slip Away
The Federal Reserve announced on Wednesday that it would not change its benchmark federal funds rate as inflation continues to…
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In The News
Biden Admin Justifies Tax Hike Based On Racial Criteria
The Biden administration’s analysis of its revenue proposals for fiscal year 2025 argues targeted tax hikes that disproportionately affect white…
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Money & The Economy
More Americans Turning To Discount Grocer As Prices Skyrocket
German-based grocer Aldi has seen an uptick in its American business over the last year as inflation continues to weigh…
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Money & The Economy
Mounting Evidence Is Pointing To A Nightmare Scenario For The US Economy
The U.S. economy is showing signs of stagflation as growth slumps down and prices continue to surge for average Americans,…
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Money & The Economy
Fed’s Preferred Inflation Gauge Surges Higher In Yet Another Worrying Sign For US Economy
The Federal Reserve’s preferred inflation gauge measured above expectations in March as the U.S. continues to see a surge in…
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Money & The Economy
Top Automaker Takes $1.3 Billion Dollar Bath On Key EV Line
Top American automaker Ford hemorrhaged over a billion dollars on electric vehicles (EV) in the first quarter, leading to massive…
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In The News
Biden Vowed To Protect American Steel — But Another Effort Of His Could Destroy It
President Joe Biden in recent days has taken a harsh stance on foreign steel manufacturers in a bid to strengthen…
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In The News
The Oil And Gas Industry Might Be What’s Keeping Biden’s Economy Humming On Paper Despite ‘Regulatory Assault’
Oil and gas production is stubbornly hanging on as a key source of economic growth amid a “regulatory assault” from…
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World News
Western Financial Firms Slash Operations In China As Concerns About Country’s Lagging Economy Grow
Western financial firms are cutting their operations in China as the country’s economy fails to show significant signs of improvement,…
Read More » Apple Cooperates With Chinese Censorship Demands, Removes Popular Messaging Apps From Store
Tech behemoth Apple complied with an order from the Chinese government to remove popular messaging apps from the company’s app…
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In The News
California Is Taking On Huge Debts To Pay Jobless Workers As Its Deficit Gets Bigger
California is billions of dollars in debt to the federal government to pay for its unemployment insurance trust at a…
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Money & The Economy
Electric Vehicle Maker Launches Another Round Of Layoffs As Demand Slows
Electric vehicle (EV) manufacturer Rivian announced its second round of layoffs just this year on Wednesday as consumer demand for…
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