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Economy

Biden Threatens to Raise Debt Ceiling Using 14th Amendment without GOP Support

May 22, 2023 - 8:11 pm by Nick R. Hamilton

President Joe Biden has claimed that he can use the 14th Amendment to raise the debt ceiling if Republicans refuse to agree to the plan.

Categories Economy, News Tags 14th Amendment, Biden, Business, Debt, Debt Ceiling, National Debt, News 4 Comments

Biden Claims He’s ‘Blameless’ If America Defaults on Debt: ‘I’ve Done My Part’

May 21, 2023 - 10:34 am by Frank Bergman

Democrat President Joe Biden has declared that he would be “blameless” in the catastrophic event that the United States defaults on the national debt.

Categories Economy, News Tags Biden, Debt Ceiling, Default, Economy, National Debt 17 Comments

Republicans and Democrats Unite to Keep Big Bankers off Federal Reserve Boards

May 18, 2023 - 8:22 pm by Nick R. Hamilton

Two opposing U.S. senators have joined forces in a bipartisan effort to keep the presence of big banks away from Federal Reserve boards of directors.

Categories Economy, News Tags Banks, Business, Elizabeth Warren, Federal Reserve, News, Rick Scott 1 Comment

Business Index Exposes Corporations Threatening Free Speech and Religious Freedoms

May 18, 2023 - 8:02 am by Nick R. Hamilton

Several major corporations have been exposed for their support of suppressing the free speech and religious freedoms of the American people.

Categories Economy, News Tags Business, Censorship, Free Speech, Freedom, News 1 Comment

Janet Yellen Warns Catastrophic Default Will Trigger ‘Unprecedented Economic and Financial Storm’

May 17, 2023 - 7:11 am by David Lindfield

Democrat President Joe Biden’s Treasury Department Secretary Janet Yellen has warned that “time is running out” for America to avoid a catastrophic default on the national debt.

Categories Economy, News Tags Debt Ceiling, Default, Economy, Janet Yellen, National Debt 8 Comments

Biden’s Top Economic Advisor Admits Biggest Fear Among U.S Business Leaders Is ‘Catastrophic’ Debt Default

May 15, 2023 - 8:24 pm by Nick R. Hamilton

One of President Joe Biden’s top economic advisors has admitted that American business leaders are becoming increasingly fearful that the federal government will default on the U.S. national debt. 

Categories Economy, News Tags Biden, Business, Debt Ceiling, Default, Economy, Lael Brainard, National Debt, News 5 Comments

Big Banks Hits with Huge FDIC Fees Hike amid Banking Crisis

May 15, 2023 - 7:02 am by Nick R. Hamilton

America’s biggest banks are being hit with huge hikes in Federal Deposit Insurance Corporation (FDIC) after several recent banking failures.

Categories Economy, News Tags Banking Crisis, Banks, Business, FDIC, News 2 Comments

Tech Companies Announce Major Layoffs amid Mounting Economic Fears

May 8, 2023 - 8:22 pm by Nick R. Hamilton

Large tech companies are continuing to gut their workforces as economic fears mount.

Categories Economy, News Tags Big Tech, Business, Jobs, Layoffs, News 8 Comments

Regional Bank Stocks Rebound as Jobs Report Beats Forecasts

May 5, 2023 - 8:02 pm by Nick R. Hamilton

A government jobs report has provided some positive economic news amid the banking crisis, causing regional bank stocks to rebound sharply.

Categories Economy, News Tags Banking Crisis, Banks, Business, Jobs, News, Stocks 5 Comments

Federal Reserve Hikes Interest Rates to Highest Levels since 2008 Crash

May 4, 2023 - 7:21 am by Frank Bergman

The U.S. Federal Reserve has just announced fresh hikes to take interest rates to the highest levels seen since the eve of the 2008 financial crash.

Categories Economy, News Tags Banking Crisis, Federal Reserve, Financial Crash, Interest Rates, Jerome Powell 1 Comment
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