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.
Producer price inflation in the eurozone has soared to a record high in the year through March, according to a new report.
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.
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
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
An increasing number of American corporations are going “woke” and lecturing the public about how they must become more “socially conscious.”
Pharmaceutical giant Johnson & Johnson has suspended its sales forecasts for its COVID-19 vaccine as demand for the shots is plummeting.
Amid crippling “Zero-COVID” lockdowns in China, the Chinese economy showed significant signs of weakening in March.
Former Trump White House trade adviser Peter Navarro has claimed that Elon Musk is “very vulnerable to the blackmail of the Chinese Communist Party.”
Tech entrepreneur Elon Musk has issued a warning about the threat that censorship on Twitter and other platforms poses to civilization. Musk said Thursday that the reason he’s trying to buy Twitter is not to make money but to turn it into a bastion of free speech. He said that by restoring free speech online, … Read more
Elon Musk has warned the Twitter Board of Directors that, should they choose to turn down his offer to buy the company, “the liability they would thereby assume would be titanic in scale.”