Economy Archives - Slay News

Biden & Harris Get Loud Wake-Up Call as Silicon Valley Bank Collapses

In a major wake-up call for Democrat President Joe Biden and VP Kamala Harris, a huge bank that was a dominant player in the tech industry has collapsed. The failed Silicon Valley Bank has now been taken over by the Federal Deposit Insurance Corporation (FDIC). This is not just any…

Biden’s Economy Lost 2.5 Million Jobs in January, despite Media Claims of 517,000 ‘Gain’

The United States economy suffered a whopping 2.5 million job losses in January despite efforts by the corporate media to try to spin the numbers in Democrat President Joe Biden's favor. The mainstream media praised Biden's economy while cheering employment figures showing that the U.S. saw a "gain" of 517,000…

Kevin McCarthy Schools Reporter on National Debt after First Meeting with Biden

As the corporate media refuses to admit that Joe Biden and the Democrats have promoted reckless economic policies, Republican House Speaker Kevin McCarthy (R-CA) masterfully schooled a leftist reporter on the national debt after his first meeting with the president. On Wednesday, McCarthy had his first meeting as speaker at…

Job Openings Rose Unexpectedly in December, Demand for Tech Workers Fell

The jobs market increased at the end of last to beat expectations, according to the latest data from the Bureau of Labor Statistics (BLS). Job openings increased to 11 million in December, up from 10.5 million the previous month. Meanwhile, the number of quits declined slightly, to 4.1 million, down from…

Economists Warn Americans: ‘Don’t Be Fooled’ – Severe Recession Is Coming

Two top economists have warned Americans not to "be fooled" by positive economic reports because a severe recession is coming. Lakshman Achuthan and Anirvan Banerji, the co-founders of the Economic Cycle Research Institute, said that despite contrary predictions, a recession will likely hit the United States "this year." “Some economists…

China’s Manufacturing Industry Is Rapidly Collapsing

China's world-dominating manufacturing industry is rapidly collapsing as multiple factors weigh heavily on the Chinese economy. China's emergence as a global superpower has been one of the most noteworthy geopolitical and economic developments in modern history. However, the miraculous rise of the once-ascendent communist nation could lose tremendous momentum. The…

Larry Kudlow Crushes Business News Rivals, Sets Ratings Record with Most-Watched Show in 2022

Larry Kudlow, President Donald Trump's former Director of the National Economic Council, has enjoyed a record-breaking year at Fox Business. Kudlow's show has crushed its rivals in business news as the network continues to dominate the competition. Fox Business Network (FBN) finished 2022 as the leader in business news. FBN…

Top Economic Forecaster: Recession Coming in 2024

A top economic forecaster has stated that America will enter a recession in 2024 after the economy slows down next year. The recession will be brought on by American industry continuing to slow down, according to economic forecaster ITR Economics. “We’re still calling for more of a slowing growth cycle…

50% of American Workers Say They Plan to Quit Their Jobs in 2023

Amid widespread layoffs and hiring freezes under Democrat President Joe Biden's economy, around 50 percent of American workers say they plan to quit their jobs in 2023, new data shows. The uncertain economy is driving key players in the tech, automobile, media, and food industries to make unprecedented cutbacks in…

Ex-Treasury Secretary: Recession Is Coming and It Won’t Be Mild

Larry Summers, who served as Bill Clinton's Treasury Secretary and Barack Obama's National Economic Council advisor, has warned that a recession is coming and that it will not be a mild one. Speaking during an interview with MSNBC on Thursday, Summers said that the Federal Reserve will have to face…