Powell Vows to Crush Demand, Dent Job Market, Warns No ‘Painless’ Way to Tame Inflation
Federal Reserve Chair Jerome Powell has laid out a grim gameplan as he vows to crush demand and hurt the job market in an effort to tame inflation.
Economy
British PM Truss: Tax Cuts Benefit Everyone by Making UK Economy More Competitive
British Prime Minister Liz Truss has declared that her tax-cutting plans will make the UK economy stronger.
Cargo Ship Shortage Impacting Energy Prices
A shortage of cargo ships is fueling soaring energy prices around the world, according to a new report.
Federal Trade Commission Warns Companies Are Tricking Consumers with Sophisticated ‘Dark Patterns’
The Federal Trade Commission (FTC) has released a report warning that major companies are using sophisticated “dark patterns” in their advertising to trick consumers.
Court Rules against Big Tech Companies in Free Speech Censorship Battle
A federal appeals court has ruled in favor of a Texas law that seeks to rein in the power of Big Tech companies like Facebook and Twitter to censor free speech.
Depleting America’s Emergency Oil Reserves to Elect Democrats
Democrat President Joe Biden has been selling off America’s oil reserves at a time when the country needs it more than ever.
How Europe’s Energy Crisis Impacts America
As the energy crisis deepens in Europe, many European countries are preparing for harsh cold and dark winter.
FedEx Anticipates ‘Worldwide Recession,’ Announces Store Closures
FedEx has sounded the alarm on a global recession and revealed that it will be closing multiple stores amid “significantly worsened” economic trends.
IMF Chief: European Energy Crisis Could Spark Social Unrest This Winter
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.
Feds ‘Added’ 1.3 Million Jobs by Double-Counting This Year, Top Economist Says
The U.S. federal government has produced higher than expected jobs numbers by double-counting figures this year, a top economist has stated.