JPMorgan CEO Issues Dire Warning on U.S Economy: ‘Very, Very Serious’
The CEO of America’s largest bank, JPMorgan Chase & Co., has issued a dire warning about where the U.S. economy is heading.
Economy
Over 50% of World’s Poorest Need Urgent Relief as Serious Debt Crisis Unfolds, UNDP Warns
Over 50 percent of the world’s poorest people are in need of urgent relief amid a mounting serious debt crisis, the United Nations Development Programme (UNDP) has warned.
Gas Prices Continue to Rise, Diesel Back Above $5 as ‘Ugly Inflation’ Returns
Gas prices are on the rise again in the United States as “ugly” inflation returns.
Top Economist Dooms Biden, Warns ‘Totally Avoidable’ Recession Ahead
Renowned economist Mohamed El-Erian has doomed Democrat President Joe Biden, warning that America is heading for a recession that was “totally avoidable.”
South Africa May Start Taking Land from White Farmers without Compensation
South Africa may start confiscating land from white farmers without giving them compensation, according to reports.
IMF Chief Warns World Heading Toward ‘Dangerous New Normal’
The head of the International Monetary Fund (IMF) has warned that the world is heading toward a “dangerous new normal.”
Biden Releases More Oil after OPEC Slashes Output
The Biden administration has moved to release more domestic oil after the Saudi Arabia-led Organization of the Petroleum Exporting Countries (OPEC) and its allies surprised global energy markets on Wednesday by agreeing to slash crude production by 2 million barrels per day (BPD).
Louisiana Pulls Treasury Funds from BlackRock, Warns ESG Investing Threatens ‘Economic Freedom and Individual Liberty’
The state of Louisiana is divesting its treasury funds from Larry Fink’s investment company BlackRock.
$453 Billion in Value Wiped from New York Offices Due to Remote Work
An estimated $453 billion in value has been wiped from offices in New York City due, in part, to the rise of remote work, a new study has found.
Tesla Shares Dip as Vehicle Deliveries Fall Short in Q3
Tesla shares have fallen on news that the electric automaker failed to meet its target for vehicle deliveries in the third quarter.