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Economy

Jeff Bezos Issues Grim Warning on the Economy: ‘Batten Down the Hatches’

October 20, 2022 - 7:04 am by Frank Bergman

Amazon founder Jeff Bezos has issued a grim warning about where the economy is heading.

Categories Economy, News Tags Economy, Inflation, Jeff Bezos, Recession 3 Comments

Pelosi Admits Biden’s Policies Partly Caused Inflation

October 19, 2022 - 11:04 amOctober 19, 2022 - 10:10 am by Nick R. Hamilton

House Speaker Nancy Pelosi (D-CA) has admitted that President Joe Biden’s policies are partly responsible for America’s red-hot inflation.

Categories Economy Tags Biden, Business, Inflation, News, Pelosi Leave a comment

EU Considers Paying for Elon Musk’s Starlink Internet for Ukraine

October 18, 2022 - 10:43 amOctober 18, 2022 - 10:10 am by Nick R. Hamilton

The European Union is considering plans to pay for Elon Musk’s Starlink to continue providing Internet access for Ukraine, according to reports.

Categories Economy Tags Business, Elon Musk, News, SpaceX, Starlink, Ukraine Leave a comment

Elon Musk: Starlink Adding Donation Feature after Ukraine Funding Controversy

October 17, 2022 - 10:43 amOctober 17, 2022 - 10:10 am by Nick R. Hamilton

Tech entrepreneur Elon Musk has announced that SpaceX would be rolling out a feature to let people donate Starlink satellite internet units to places in need.

Categories Economy Tags Business, Elon Musk, News, SpaceX, Starlink, Ukraine Leave a comment

General Motors Secures LandMark Deal with Australian Critical Minerals Company

October 17, 2022 - 6:20 amOctober 16, 2022 - 10:10 am by Nick R. Hamilton

Automotive giant General Motors (GM) has signed a landmark deal with an Australian critical minerals company.

Categories Economy Tags Business, Electric Vehicles, General Motors, Lithium, Minerals, News Leave a comment

IMF: Higher Inflation Requires ‘More’ Monetary Policy Tightening in Asia

October 17, 2022 - 6:12 amOctober 15, 2022 - 10:10 am by Nick R. Hamilton

The International Monetary Fund (IMF) has warned that Asia’s central banks must tighten monetary policy further to ensure that inflation returns to target levels.

Categories Economy Tags Asia, Business, Central Bank, IMF, Krishna Srinivasan, News Leave a comment

India Increases Festival Spending despite Red-Hot Inflation Concerns

October 14, 2022 - 10:10 am by Nick R. Hamilton

Consumer spending is increasing in India during the Hindu festival season, despite major concerns about red-hot and rising inflation.

Categories Economy Tags Business, Consumer Spending, Hindu Festival Season, India, News Leave a comment

Trump’s Truth Social App Approved on Google Play Store after Months of Deliberations

October 13, 2022 - 11:15 amOctober 13, 2022 - 10:10 am by Nick R. Hamilton

President Donald Trump’s social media platform Truth Social has finally had its app approved for distribution on the Google Play Store.

Categories Economy Tags Business, Google, News, TMTG, Trump, Truth Social Leave a comment

Federal Budget Deficit Hits $1.4 Trillion, Despite Shrinking: CBO

October 12, 2022 - 11:29 amOctober 12, 2022 - 10:10 am by Nick R. Hamilton

By the end of the fiscal year 2022, the U.S. federal budget deficit was a staggering $1.4 trillion, despite shrinking, according to estimates published by the Congressional Budget Office (CBO).

Categories Economy Tags Biden, Business, Congressional Budget Office, Federal Budget Deficit, Fiscal Year 2022, News Leave a comment

JPMorgan CEO Issues Dire Warning on U.S Economy: ‘Very, Very Serious’

October 11, 2022 - 8:04 pm by Frank Bergman

The CEO of America’s largest bank, JPMorgan Chase & Co., has issued a dire warning about where the U.S. economy is heading.

Categories Economy, News Tags Economy, Inflation, Jamie Dimon, JPMorgan Chase, Recession Leave a comment
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