Chinese Communist Party Pressures Local Officials to Shut Down Shen Yun Performances in Mexico
The Chinese Communist Party (CCP) is pressuring local officials to shut down Shen Yun performances in Mexico, according to reports.
Economy
US Economy Adds 428,000 New Jobs in April, Beating Forecasts
America’s economy added 428,000 jobs in April, beating previous employment forecasts, according to the Bureau of Labor Statistics (BLS).
Janet Yellen Admits Biden’s Spending ‘Did Feed’ Inflation
Treasury Secretary Janet Yellen has admitted that President Joe Biden’s $1.9 trillion American Rescue Plan “did” contribute to inflation.
Producer Prices Soar to Record Highs in Eurozone as Stagflation Looms
Producer price inflation in the eurozone has soared to a record high in the year through March, according to a new report.
Federal Reserve Meeting in Focus as Sharp Rate Hike Expected to Fight Inflation
This week’s two-day Federal Reserve policy meeting is a major focus point for investors, with markets expecting the central bank to press ahead with a sharp rate hike in an effort to relieve surging inflationary pressures.
Biden Blames ‘Technical Factors’ for GDP Miss and Recession Concerns
President Joe Biden got some bad news today when the GDP numbers came in and shocked everyone by showing a decline. A stalling economy with rising inflation always spells doom for the governing party. Mitch McConnell said: “The economy actually shrank 1.4% over the last three months. No longer are Democrats just presiding over a … Read more
US Economy Abruptly Shrinks as Biden’s Policies Threaten USA with Stagflation
The U.S. economy unexpectedly contracted in the first three months of 2022 according to the Burea of Economic Analysis. They said Gross Domestic Product decreased at an annual rate of 1.4 percent in the first quarter of 2022. Economists had expected the economy to grow 1.1 percent. This is terrible news for President Joe Biden … Read more
Five ‘Woke’ Companies that Profit from Chinese Slave Labor
An increasing number of American corporations are going “woke” and lecturing the public about how they must become more “socially conscious.”
J&J Suspends Sales Forecast for COVID Vaccine, Cites Uncertainty in Global Demand
Pharmaceutical giant Johnson & Johnson has suspended its sales forecasts for its COVID-19 vaccine as demand for the shots is plummeting.
China’s Economy Weakens in March as ‘Zero-COVID’ Lockdowns Bite
Amid crippling “Zero-COVID” lockdowns in China, the Chinese economy showed significant signs of weakening in March.