Economy Archives - Page 4 of 59

Toyota: Electric Cars Will Never Dominate Market

Toyota Chairman Akio Toyoda has declared that electric vehicles (EVs) will never dominate the car market. Battery-powered EVs will only ever capture 30% of the global market share, Toyoda has predicted. The comments come as auto industry experts are raising concerns about consumers’ willingness to align with the green agenda's…

WEF Predicts Economic Doom for Coming Year

The World Economic Forum (WEF) is warning that leading economists are predicting global economic doom for the coming year. According to a survey by the WEF, around 56% of top global economists predict that the world economy will weaken in the coming year. The globalist organization, which was founded by…

Biden’s Massive Spending Is Making Housing Unaffordable, Atlanta Fed Warns

The massive spending agenda of President Joe Biden and the Democrats is driving the huge cost of living rates that are impacting many Americans, experts are warning. The issue is specifically impacting the real estate market. Biden’s push for huge government spending has contributed to higher interest rates across the…

Americans’ Home Payments Have Soared Under Biden

A new analysis has revealed the soaring cost of living increases that Americans have suffered under Democrat President Joe Biden's so-called "Bidenomics." When Biden first assumed office in 2021, the average monthly new home payment was $1,915. However, this figure skyrocketed to $3,322 as of the third quarter of 2023.…

CNN Host Stunned as Data Exposes Reality of ‘Bidenomics’: ‘Depressing’

A CNN host was left stunned when the network's data analyst revealed data that highlighted the true state of the economy under Democrat President Joe Biden. During a Friday report, CNN's Erica Hill after data reporter Harry Enten laid out the economic numbers that expose the reality of so-called "Bidenomics."…

Peter Doocy Grills Karine Jean-Pierre on ‘Bidenomics’: ‘Americans Are Not Buying It’

Fox News White House correspondent Peter Doocy grilled Joe Biden's Press Secretary Karine Jean-Pierre over the Democrat president's so-called "Bidenomics" economic plan. During Monday’s briefing, Doocy cornered Jean-Pierre about whether she truly believes the American people can feel the economy improving. Doocy pressed Jean-Pierre on the topic, beginning by mocking…

Cryptocurrency Firm Tether Freezes $225 Million in Customer Funds over Human Trafficking Allegations

Cryptocurrency firm Tether has frozen $225 million worth of customer funds over allegations of human trafficking. The company, which controls a stablecoin pinned to the U.S. dollar, took the action after it was reported that the funds were linked to a human trafficking syndicate in Southeast Asia. The U.S. Department…

Home Depot Founder Slams Biden: ‘Disastrous for All Americans Except the Political Elite’

Home Depot co-founder Bernie Marcus has slammed Democrat President Joe Biden over the state of America's economy. The 94-year-old entrepreneur says he has tried to stay out of politics but insists that he can no longer remain silent. Marcus warns that Biden's impact on the American quality of life cannot be…

Yellen: America Can ‘Absolutely’ Afford Another War

Democrat President Joe Biden's Treasury Secretary Janet Yellen has declared that American taxpayers can "absolutely" afford to fund another war. Speaking during an interview with the UK's Sky News, reporter Wilf Frost asked Yellen if "America can afford another war at this time." "I think the answer is: Absolutely," Yellen…

Ford ‘Pauses’ Michigan Electric Vehicle Battery Plant Construction amid Auto Workers Union Strikes

Automaker Ford has announced it is "pausing" the construction of a controversial electric vehicle (EV) battery plant in Michigan. The multi-billion dollar plant in Marshall has drawn scrutiny from U.S. lawmakers over the company’s partnership with Chinese Communist Party-linked battery-maker Contemporary Amperex Technology Co. Ltd., or CATL. The decision to halt…