Economy Archives - Page 46 of 58

Ex-Obama Treasury Counselor Warns Biden Driving America Toward ‘Stagflation’

A top economic expert, who served in former President Barack Obama's administration, has issued an ominous warning that Joe Biden is driving America toward "stagflation." Steve Rattner served as counselor to the Treasury Secretary in the Obama admin. During an appearance on Bloomberg’s “Wall Street Week,” Rattner warned that stagflation…

Russia Warns U.S: Convoys Carrying Weapons to Ukraine Are ‘Legitimate Targets’

Russia has warned the United States that any convoys carrying weapons to Ukrainian forces are considered "legitimate targets" by the Russian military. A top Russian official issued the threat to the U.S. government on Saturday as Western nations send aid to Ukraine. “We have warned the U.S. that the U.S.-orchestrated…

DuckDuckGo Updates Search Engine to Censor Sites ‘Associated with Disinformation’

DuckDuckGo has made updates to its search engine to censor websites from its results that are "associated with disinformation," according to the company’s CEO. The Internet search engine, which sells itself on protecting searchers' privacy, has begun penalizing sites linked to “Russian disinformation” amid Russia's invasion of Ukraine. “Like so…

Inflation Soars to 7.9%, Highest Level in 4 Decades: Biden Blames Putin

Democrat President Joe Biden has claimed that Vladimir Putin is to blame for soaring US inflation after the consumer price index hit another 40-year high of 7.9 percent in February. The latest inflation data was published on Thursday and shows America's inflation rates continuing to soar to staggering levels. However,…

Kremlin Accuses U.S of Waging ‘Economic War’ as Fitch Warns of ‘Imminent’ Russian Debt Default

Russia has accused the United States of waging "economic war" in response to Vladimir Putin's invasion of Ukraine. The allegations from the Kremlin come as Fitch Ratings has once again slashed its credit rating on Russia. The American credit rating agency issued a warning that Moscow defaulting on its sovereign…

Biden Announces Ban on ‘All Imports of Russian Oil, Gas, and Energy’

Democrat President Joe Biden has just announced that America is banning all imports of Russian oil, gas, and energy in response to Vladimir Putin’s invasion of Ukraine. The move is fraught with peril for Biden as gas prices are already at record highs across the country. Despite the mounting crisis,…

AAA Lists Most Expensive States for Gas: 9 of Top 10 Are Run by Democrats

The American Automobile Association (AAA) has listed the top-ten most expensive states to buy gas, nine of which are run by Democrats. According to AAA, the national average for a gallon of gas is $4.06 and rising. The average is now 45 cents more than a week ago, 62 cents…

US Lawmakers Warn Ukraine’s Plan for No-fly Zone Would Trigger ‘World War III’

U.S. lawmakers have warned that the Ukrainian government's plan for Western nations to impose a no-fly zone over Ukraine would trigger "World War III." European leaders also shared the sentiment, warning that such a move could trigger another disastrous global war. A no-fly zone refers to airspace where certain aircraft…

DeSantis Gets Big Win Over California as Global Shipping Company Moves to Florida

Florida's Republican Governor Ron DeSantis has scored a big win for his state after announcing that Sea-Lead Shipping will be moving part of their operations from California to Jacksonville. The global shipping company is moving over to Florida in order to bypass heavy congestion at the Port of Long Beach,…

Visa & Mastercard Suspend All Services in Russia ‘Effective Immediately’ over ‘Unprovoked Invasion of Ukraine’

Visa and Mastercard have announced they are suspending all services in Russia "effectively immediately" over Vladimir Putin's "unprovoked invasion of Ukraine." The move comes after Ukrainian President Volodymyr Zelensky asked U.S. lawmakers to cut off credit card access to Russia’s economy. “Effective immediately, Visa will work with its clients and…