Economy Archives - Page 27 of 61

US Housing Recession Deepens as Existing Home Sales Fall to 10-Year Low

October 21, 2022 - 10:42 amOctober 21, 2022 - 10:10 am by Nick R. Hamilton

As the U.S. housing recession worsens, existing home sales have fallen to their slowest pace in 10 years, according to reports.

Elon Musk Confirms Tesla to Build Lithium Refinery in Texas

October 20, 2022 - 11:24 amOctober 20, 2022 - 10:10 am by Nick R. Hamilton

Tesla CEO Elon Musk has confirmed that the electric vehicle company is pressing ahead with plans to build a lithium refinery in Texas.

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.

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.

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.

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.

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.

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.