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Economy

IMF Chief: European Energy Crisis Could Spark Social Unrest This Winter

September 15, 2022 - 11:47 amSeptember 15, 2022 - 10:10 am by Nick R. Hamilton

The head of the International Monetary Fund (IMF) has warned that the energy crisis could spark widespread social unrest as European nations prepare for a harsh winter.

Categories Economy Tags Business, Energy Crisis, Europe, IMF, Kristalina Georgieva, News, Riots, Winter Leave a comment

Feds ‘Added’ 1.3 Million Jobs by Double-Counting This Year, Top Economist Says

September 14, 2022 - 11:03 amSeptember 14, 2022 - 10:10 am by Nick R. Hamilton

The U.S. federal government has produced higher than expected jobs numbers by double-counting figures this year, a top economist has stated.

Categories Economy Tags Business, Economy, Jobs, News, Unemployment, White House 1 Comment

US Inflation Comes in Worse Than Expected as Food Prices, Cost of Living Soar

September 13, 2022 - 12:41 pmSeptember 13, 2022 - 10:10 am by Nick R. Hamilton

America’s annual inflation rate has come in higher than expected at 8.3 percent in August, with food prices and the general cost of living soaring.

Categories Economy Tags Business, Energy, Food, Food Crisis, Infaltion, News Leave a comment

Janet Yellen: America Needs ‘Some Good Luck’ to Avoid Hard-Landing into Recession

September 13, 2022 - 8:04 am by Frank Bergman

Democrat President Joe Biden’s Treasury Secretary Janet Yellen has stated that America needs “some good luck” if the economy is to avoid hard-landing into a recession.

Categories Economy, News Tags Economy, Federal Reserve, Inflation, Interest Rates, Janet Yellen 3 Comments

America on Verge of Energy Disaster as Biden Dumps Money into Renewables, Expert Warns

September 12, 2022 - 10:10 am by Nick R. Hamilton

America is on the verge of disaster regarding energy supply and demand, and President Joe Biden’s administration is exacerbating the problem, a leading expert is warning.

Categories Economy Tags Biden, Business, Energy, Energy Crisis, News 4 Comments

Tesla Considering New Lithium Refinery in Texas

September 12, 2022 - 6:25 amSeptember 11, 2022 - 10:10 am by Nick R. Hamilton

Tesla is considering setting up a lithium refinery on the Texas Gulf Coast, according to reports.

Categories Economy Tags Business, China, Elon Musk, Lithium, News, Tesla, Texas Leave a comment

ECB Raises Interest Rates Further as Inflation Soars in Eurozone

September 12, 2022 - 6:15 amSeptember 10, 2022 - 10:10 am by Nick R. Hamilton

The European Central Bank (ECB) has hiked interest rates again on Thursday by the largest increment since the bank’s founding.

Categories Economy Tags Business, Christine Lagarde, Europe, European Central Bank, Inflation, Interest Rates, News 1 Comment

Fed May Require 7.5 Percent Unemployment to Lower Inflation

September 9, 2022 - 12:19 pmSeptember 9, 2022 - 10:10 am by Nick R. Hamilton

The U.S. Federal Reserve may require the American unemployment rate to rise to almost double its current level in order to control high inflation, a new report has suggested.

Categories Economy Tags Business, Federal Reserve, IMF, Inflation, Jerome Powell, News, Unemployment 2 Comments

How to Invest Money during a Recession

September 8, 2022 - 10:55 amSeptember 8, 2022 - 10:10 am by Nick R. Hamilton

With the United States currently being gripped by a recession, many are wondering how they can still invest their money amid the economic downturn.

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

Bed Bath & Beyond CFO Hit with Investor Lawsuit before Suicide

September 7, 2022 - 11:04 amSeptember 7, 2022 - 10:10 am by Nick R. Hamilton

The CFO and executive VP of retailer Bed Bath & Beyond (BBBY), Gustavo Arnal, was hit with a huge lawsuit from investors shortly before he committed suicide last week.

Categories Economy Tags Bed Bath and Beyond, Business, Gustavo Arnal, Lawsuit, New York City, News, Suicide 1 Comment
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