Economy Archives - Slay News

Larry Kudlow Tells Pelosi to Start Looking for New Job, Warns Democrats Are Doomed in November

Economist Larry Kudlow has told Speaker Nancy Pelosi to start looking for a new job after revealing that recent polling data suggests the Democrats are doomed in the November midterms. Despite the Democratic Party spending hundreds of millions of dollars on negative campaign ads aimed at Republican candidates, Kudlow says…

Larry Kudlow Drops Hammer: Biden’s ‘Woke’ Economics and ‘Remarkable Incompetence’ Destroyed Economy

Larry Kudlow has dropped the hammer on Joe Biden, warning that the Democrat president's "remarkable incompetence" and “woke, progressive” economics have destroyed the U.S. economy. Kudlow, the former director of the U.S. National Economic Council, hammered Biden's handling of the economy during an appearance on Fox News's "The Ingraham Angle"…

Biden Demands Gas Stations Drop Prices amid Seventh Consecutive Day of Rises: ‘Do It Now!’

Democrat President Joe Biden is demanding that gas stations drop their prices as the United States records its seventh consecutive day of rises. During a White House meeting on Monday, Biden demanded that gas stations, banks, and cell phone services drop their prices to help consumers amid soaring inflation. The…

Elon Musk Warns America That Biden’s Fed Is Tanking Economy

Elon Musk has issued a warning to the American people that Democrat President Joe Biden's Federal Reserve is tanking the US economy. The warning from Musk comes amid rising concern about the Fed's poor monetary policy. On Monday, Wharton Business School professor Jeremy Siegel criticized the Federal Reserve and its…

Recession Fears Mount as Key Economic Gauge Drops for 6th Month Straight

Fears of a recession in the United States are fiercely mounting as one of the key economic indicators has recorded a drop for the sixth month straight. America’s recessionary signals intensified in August as a key economic gauge from the Conference Board dropped again. The Federal Reserve's aggressive rate hikes…

UK Announces Biggest Tax Cuts in 50 Years to Boost Growth amid Economic Crisis

British Prime Minister Liz Truss’s new Conservative Party government has unveiled the biggest package of tax cuts in 50 years as the country seeks to tackle the economic crisis by boosting growth. The new budget is aimed at spurring growth in the UK economy, which may already be in recession.…

British PM Truss: Tax Cuts Benefit Everyone by Making UK Economy More Competitive

British Prime Minister Liz Truss has declared that her tax-cutting plans will make the UK economy stronger. While speaking to reporters from the Empire State Building in New York on Tuesday, Truss said the tax cuts will more the country more successful and benefit the population in general. Truss confirmed…

FedEx Anticipates ‘Worldwide Recession,’ Announces Store Closures

FedEx has sounded the alarm on a global recession and revealed that it will be closing multiple stores amid “significantly worsened” economic trends. The company's CEO Raj Subramaniam made the comment during an interview with CNBC’s Jim Cramer on Thursday. He was asked by Cramer if he believed the economy…

Feds ‘Added’ 1.3 Million Jobs by Double-Counting This Year, Top Economist Says

The U.S. federal government has produced higher than expected jobs numbers by double-counting figures this year, a top economist has stated. Throughout this year, the monthly jobs reports have been repeatedly topping market estimates. The July and August non-farm payrolls (NFP) reports showed 528,000 and 315,000 new jobs, respectively. The…

Janet Yellen: America Needs ‘Some Good Luck’ to Avoid Hard-Landing into Recession

Democrat President Joe Biden's Treasury Secretary Janet Yellen has stated that America needs "some good luck" if the economy is to avoid hard-landing into a recession. Speaking during an interview with CNN on Sunday, Yellen failed to inspire confidence that the Federal Reserve is going to steer the United States…