Economy Archives - Page 43 of 58

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. China’s economy saw a contraction in both domestic consumption and factories activities, official data shows. The figures come after Beijing’s sweeping COVID-19 lockdowns take their toll across the country. China's financial hub Shanghai has…

Elon Musk ‘Very Vulnerable to Blackmail of Chinese Communist Party,’ Ex-Trump Adviser Peter Navarro Claims

Former Trump White House trade adviser Peter Navarro has claimed that Elon Musk is "very vulnerable to the blackmail of the Chinese Communist Party." While some feel that tech mogul Musk’s recent move to buy Twitter outright is a sign that the restoration of free speech could return to the…

Elon Musk Warns Censorship on Twitter Poses ‘Civilizational Risk’

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…

Elon Musk Warns: If Twitter Board ‘Takes Actions Contrary to Shareholder Interests, Liability Would Be Titanic in Scale’

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." Musk took to Twitter to discuss the crazy day that saw him make an offer to buy…

Pfizer Requests US Regulators to Authorize COVID Vaccine Booster Shots for 5– to 11-Year-Old Children

Pfizer and BioNTech are putting in requests to the U.S. Food and Drug Administration (FDA) seeking emergency use authorization to give their COVID-19 booster shots to young children. The pharmaceutical giants plan to give their booster shots to children aged 5- to 11-years-old, the companies announced on April 14. The…

Elon Musk Offers to Buy 100% of Twitter for $41.39B, Documents Show

Tech entrepreneur Elon Musk has offered to buy up the remaining shares of Twitter for $41.39 billion, documents have revealed. The offer was revealed in a regulatory filing after Musk recently purchased 9.2 percent of the company, making him the largest shareholder. Now it has emerged that he wants to…

Home Depot Co-Founder Slams Biden’s ‘Terrible Blunder’ on Inflation: ‘Worse Than Jimmy Carter’

Home Depot co-founder Ken Langone has slammed Democrat President Joe Biden for the "terrible blunder" of his administration that is causing soaring inflation. Langone declared that Biden is "worse than Jimmy Carter" after the Democrat-led White House has made a series of policy errors that Langone believes have pummeled the…

Putin’s Price Hike? Biden Admin Policies Behind 8.5 Percent Inflation, Experts Say

While the White House is trying to convince the American people that Russian President Vladimir Putin is responsible for the past year of soaring inflation, experts are warning that the policies of Democrats and the Biden administration are driving the skyrocketing rates. On Monday, ahead of releasing the inflation data…

Ted Cruz Issues Warning about Biden: ‘White House Is Now Expecting Shocking Inflation Numbers’

Republican Sen. Ted Cruz (R-TX) has issued a warning about Democrat President Joe Biden and his handling of the economy. The warning comes as the Biden administration is set to publish th latest inflation data on Tuesday. As Slay News previously reported, the White House Press Secretary Jen Psaki attempted…

Psaki: ‘We Expect March Headline Inflation to Be Extraordinarily Elevated’

White House Press Secretary Jen Psaki has admitted that the Biden administration's monthly inflation data will be “extraordinarily elevated.” This comes after inflation hit a 40-year high of 7.9 percent last month. Speaking Monday, Psaki started off by trying to blame Vladimir Putin for the skyrocketing inflation ahead of Tuesday's…