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Economy

US Economy Slowing Due to Persistent Inflation, Supply Woes, OECD Warns

June 9, 2022 - 6:06 amJune 8, 2022 - 10:10 am by Nick R. Hamilton

The United States economy is slowing down due to persistent inflation and ongoing supply chain issues, the Organization for Economic Cooperation and Development (OECD) has warned.

Categories Economy Tags Business, Economy, Inflation, News, Supply Chain, U.S. Consumers Leave a comment

Australia’s Central Bank Shocks with Huge Cash Rate Hike to Tackle Inflation

June 7, 2022 - 11:55 amJune 7, 2022 - 10:35 am by Nick R. Hamilton

The Australian central bank, the Reserve Bank of Australia, has hiked the cash rate by a massive 50 basis points, from 0.35 percent to 0.85 percent, to tackle soaring inflation.

Categories Economy Tags Australia, Business, Cash Rate, Inflation, News, Reserve Bank of Australia 1 Comment

BlackRock CEO Larry Fink Warns Inflation Will Last a ‘Number of Years’

June 5, 2022 - 8:34 am by Frank Bergman

Larry Fink, the chairman and CEO of the world’s largest asset manager BlackRock, has warned that U.S. inflation is likely to continue “for a number of years.”

Categories Economy, News Tags BlackRock, Economy, Inflation, Larry Fink 9 Comments

Elon Musk Orders Tesla’s WFH Execs Back to Office or ‘Pretend to Work Somewhere Else’

June 2, 2022 - 10:10 am by Nick R. Hamilton

Tech entrepreneur Elon Musk has warned Tesla executives to end their work-from-home lifestyles and return to the office, otherwise they “should pretend to work somewhere else.”

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

JPMorgan CEO Warns America of Coming ‘Economic Hurricane’ under Biden

June 1, 2022 - 12:45 pm by David Hawkins

J.P. Morgan Chase CEO Jamie Dimon has warned Americans to “brace” for an “economic hurricane” that is coming due to Democrat President Joe Biden’s policies.

Categories Economy, News Tags Economy, Jamie Dimon, JPMorgan Chase 2 Comments

Biden Confirms US Sending ‘Advanced’ Weapons to Ukraine

June 1, 2022 - 10:47 amJune 1, 2022 - 10:10 am by Nick R. Hamilton

Democrat President Joe Biden has confirmed that the United States is providing Ukraine with “more advanced rocket systems and munitions” as Russia’s invasion of the country continues.

Categories Economy Tags Biden, Business, Military, News, Russia, Ukraine, Weapons 2 Comments

Larry Kudlow Issues Warning about Biden’s Spending Plan: ‘Wokeness Is Going to Destroy Our Economy’

June 1, 2022 - 7:50 amMay 31, 2022 - 5:30 pm by David Hawkins

Former Trump adviser Larry Kudlow has issued a warning to the American people that the Democrats’ “wokeness is going to destroy the economy.”

Categories Economy, News Tags Biden, Economy, Larry Kudlow, Spending, woke 2 Comments

Firearm and Ammunition Stocks Soaring in Wake of Texas School Shooting

May 30, 2022 - 10:58 amMay 30, 2022 - 10:13 am by Nick R. Hamilton

Firearm and ammunition manufacturers are seeing their share values soaring in the wake of the deadly mass shooting at an elementary school in Uvalde, Texas last week.

Categories Economy Tags Business, Guns, News, Shares, Stocks, Texas, Uvalde Leave a comment

Conservative David vs. the ‘Woke’ Corporate Green Giant

May 29, 2022 - 11:16 amMay 29, 2022 - 10:13 am by Nick R. Hamilton

Eight years ago, a holder of a modest amount of Apple stock found himself in the peculiar position of being told publicly by an angered CEO Tim Cook that his money was no good in Cupertino.

Categories Economy Tags Business, Corporate America, News, woke 1 Comment

US Consumer Sentiment Falls to Near 10-Year Low in May

May 28, 2022 - 12:49 pmMay 28, 2022 - 10:13 am by Nick R. Hamilton

Consumer sentiment in the United States has fallen to an almost ten-year low in May, new data reveals.

Categories Economy Tags Business, Economy, Inflation, News, U.S. Consumers Leave a comment
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