Economy Archives - Page 31 of 58

Bank of America CEO Issues Warning about Biden’s Recession Rhetoric

Bank of America CEO Brian Moynihan has slammed Democrat President Joe Biden's economic rhetoric and issued a warning about his administration's attempts to twist the definition of a recession. The Biden administration repeatedly downplayed the definition ahead of an economic report that showed the United States experienced two consecutive quarters…

The Left’s Energy Policies Show They Either Hate Trump or America, Congresswoman Warns

Rep. Yvette Herrell (R-NM) said the Biden administration is doing everything to reverse the policies of the Trump administration, and trying to upend the country, including waging a war against America’s fossil fuel industry, whose technology allows it to provide cleaner and less-expensive energy than most other nations. “It feels…

Only 13% of Americans Believe Democrats’ $369B Climate Spending Will Reduce Inflation, Poll Shows

Only 13 percent of Americans believe that the Democrats’ $369 billion "Inflation Reduction Act" (IRA) will actually help lower inflation across the country, according to a new poll. The poll, from The Economist/YouGov, found that voters from across the political spectrum don't believe the massive spending bill will help the…

Boston Children’s Hospital Complains about ‘Misinformation’ after Promoting ‘Gender-Affirming’ Surgeries

A Boston children's hospital has accused its critics of spreading misinformation following a backlash over its promotion of "gender-affirming" surgeries for minors. Boston Children’s Hospital (BCH) quietly updated its policies on such proceedures after a backlash over a widely accessible video series promoting transgender treatments. BCH updated its website to…

Monkeypox Vaccine Maker ‘No Longer Certain’ It Can Meet Demand as Cases Surge

Monkeypox vaccine maker Bavarian Nordic has warned it is "no longer certain" it can meet the demand for the shots as cases of the virus continue to surge around the world. The Danish firm's vice president, Rolf Sass Sorensen, told Bloomberg on Wednesday that the "demand keeps rising." "It’s a…

Former IRS Whistleblower: Middle-Class Americans Will Be Targeted under Inflation Reduction Act

A former Internal Revenue Service (IRS) whistleblower has warned that the government will target middle-income Americans with increased scrutiny and audits under the Democrats’ "Inflation Reduction Act" (IRA). William Henck previously worked as a lawyer for the IRS for 20 years until 2017. He was terminated by the federal agency…

Top Biden Adviser Previously Worked for Pfizer, Disclosure Reveals

Anita Dunn, a senior adviser in Democrat President Joe Biden's administration, previously worked for pharmaceutical giant Pfizer, a recently released ethics disclosure has revealed. Aside from being a senior Biden adviser, Dunn is also a managing director of SKDKnickerbocker, a public affairs and political consulting firm that has forged connections…

Federal Court Reimposes Obama-Era Freeze on Trump-Era Coal Lease Program

A federal court has reimposed an Obama-era freeze on coal leasing from federal lands after it was axed under President Donald Trump in a bid to raise domestic energy production. However, the judge left the door open to resuming the coal leases if a more extensive environmental review is done.…

World Economic Forum Publishes Article Calling for Global Online Censorship

World Economic Forum (WEF) has published an article that proposes creating an artificial intelligence program that would function as a comprehensive global censorship tool. In the article, writer and cybersecurity expert Inbal Goldberger proposes combining a powerful AI network with input from human intelligence data to track and preemptively stop…

Five Chinese Communist Party-Owned Firms to Delist from U.S Stock Exchanges

Several of China’s largest Chinese Communist Party-owned companies have announced plans to delist from U.S. stock exchanges. The move comes after the Securities and Exchange Commission (SEC) warned that hundreds of Chinese firms were at risk of getting banned for possible non-compliance with audit rules. In separate filings on the…