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Economy

Top Economic Forecaster: Recession Coming in 2024

December 19, 2022 - 10:53 amDecember 19, 2022 - 10:06 am by Nick R. Hamilton

A top economic forecaster has stated that America will enter a recession in 2024 after the economy slows down next year.

Categories Economy Tags Business, Economist, Economy, News, Recession Leave a comment

50% of American Workers Say They Plan to Quit Their Jobs in 2023

December 19, 2022 - 2:20 pmDecember 19, 2022 - 9:01 am by Frank Bergman

Amid widespread layoffs and hiring freezes under Democrat President Joe Biden’s economy, around 50 percent of American workers say they plan to quit their jobs in 2023, new data shows.

Categories Economy, News Tags Biden, Big News, Economy, Jobs, Layoffs, Poll, Workers 5 Comments

‘Twitter Files 6’ Shows ‘Deep State’ Went Way Deeper Than Just FBI-Twitter Collusion

December 19, 2022 - 5:42 amDecember 18, 2022 - 10:06 am by Nick R. Hamilton

Elon Musk released the sixth installment of the “Twitter Files” on Friday, revealing the FBI’s deep involvement in the company’s previous censorship practices.

Categories Economy Tags Business, Deep State, Elon Musk, FBI, News, Twitter, Twitter Files 1 Comment

Ex-Treasury Secretary: Recession Is Coming and It Won’t Be Mild

December 17, 2022 - 10:06 am by Nick R. Hamilton

Larry Summers, who served as Bill Clinton’s Treasury Secretary and Barack Obama’s National Economic Council advisor, has warned that a recession is coming and that it will not be a mild one.

Categories Economy Tags Business, Economy, Inflation, Larry Summers, News, Recession Leave a comment

Twitter Suspends Accounts of Journalists from New York Times & CNN under New Doxxing Policy

December 16, 2022 - 10:06 am by Nick R. Hamilton

Twitter has suspended the accounts of several journalists after they allegedly violated the new doxxing policy in the platform’s terms of service.

Categories Economy Tags Business, CNN, Doxxing, Elon Musk, Media, New York Times, News, Twitter, Washington Post 1 Comment

US Experts Raise Concerns about China Cornering Market for Old-Gen Chip Technology

December 15, 2022 - 10:06 am by Nick R. Hamilton

Experts in the United States are raising concerns that firms in China are cornering the market on the production of older-generation chips.

Categories Economy Tags Business, China, Chip, News, SMIC, Technology 1 Comment

FTX CEO Sam Bankman-Fried Denied Bail after Arrest, Faces up to 115 Years in Jail

December 14, 2022 - 10:52 amDecember 14, 2022 - 10:06 am by Nick R. Hamilton

Bankrupt cryptocurrency exchange FTX co-founder Sam Bankman-Fried has been denied bail after his arrest in the Bahamas.

Categories Economy Tags Business, FTX, News, Sam Bankman-Fried, The Bahamas 2 Comments

Musk and Dorsey Argue over Claims Twitter Ignored Child Exploitation for Years

December 13, 2022 - 10:39 amDecember 13, 2022 - 10:06 am by Nick R. Hamilton

Twitter’s new boss Elon Musk and the company’s co-founder Jack Dorsey are publicly arguing about the platform’s handling of child exploitation.

Categories Economy, News Tags Business, Elon Musk, Jack Dorsey, News, Twitter 5 Comments

Sam Bankman-Fried Seeks to Launch New Business after FTX Collapse

December 13, 2022 - 6:36 amDecember 12, 2022 - 10:06 am by Nick R. Hamilton

FTX founder Sam Bankman-Fried has revealed his plans to launch a new business venture just weeks after the historic collapse of his cryptocurrency exchange.

Categories Economy Tags Business, Fraud, FTX, News, Sam Bankman-Fried 6 Comments

Stellantis Plant Prepares for 1,350 Layoffs Due to Rising Electric Vehicle Production Costs

December 11, 2022 - 10:47 amDecember 11, 2022 - 10:06 am by Nick R. Hamilton

Stellantis’s assembly plant in Illinois could see 1,350 layoffs as the company struggles with rising electric vehicle production costs.

Categories Economy Tags Business, Detroit, Electric Car, Electric Vehicles, Illinois, News, Stellantis 1 Comment
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