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Economy

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

December 19, 2022 - 2:20 pmDecember 19, 2022 - 9:01 am by Frank Bergman

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.

Categories Economy, News Tags Biden, Big News, Economy, Jobs, Layoffs, Poll, Workers 5 Comments

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

December 17, 2022 - 10:06 am by Nick R. Hamilton

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.

Categories Economy Tags Business, Economy, Inflation, Larry Summers, News, Recession Leave a comment

Rand Paul Revolts: ‘Republicans Are Emasculated’ and ‘Unwilling to Gain Power Back’

December 16, 2022 - 4:48 amDecember 15, 2022 - 4:10 pm by David Hawkins

Senator Rand Paul (R-KY) has ripped Senate Minority Leader Mitch McConnell (R-KY) and other Republican senators for caving to President Joe Biden and the Democrats, warning that the GOP has been “emasculated.”

Categories News, Politics Tags Economy, Rand Paul, Republicans, Senate, Spending 3 Comments

Over 40 Percent of Americans Expect Housing Market to Crash Next Year, Survey Shows

December 7, 2022 - 10:52 amDecember 7, 2022 - 10:06 am by Nick R. Hamilton

Over 40 percent of Americans say they believe the U.S. housing market will crash next year, a new real estate industry survey has revealed.

Categories Economy Tags Business, Economy, Housing Market, News, Poll, Real Estate, Survey 2 Comments

Renowned Economist Nouriel Roubini Warns ‘The Mother of All Economic Crises Looms’

December 6, 2022 - 1:31 pm by Nick R. Hamilton

Renowned economist Nouriel Roubini has warned that “the mother of all economic crises” is now looming.

Categories Economy, News Tags Business, Economist, Economy, News, Nouriel Roubini, Recession 3 Comments

American Consumers’ Sentiment on Economy Plummets, New Survey Shows

November 27, 2022 - 10:06 am by Nick R. Hamilton

Sentiment regarding the U.S. economy is plummeting among American consumers, a new survey has revealed.

Categories Economy Tags Business, Consumer Confidence, Economy, Inflation, News, U.S. Consumers 1 Comment

US Inflation Dips Below 8 Percent for First Time since February

November 10, 2022 - 11:00 amNovember 10, 2022 - 10:10 am by Nick R. Hamilton

Inflation rates in the United States have dipped below 8 percent for the first time since February.

Categories Economy Tags Business, Economy, Inflation, News 3 Comments

Steven Mnuchin Warns America Is in a Recession That Will Continue for Years

October 27, 2022 - 8:24 am by Nick R. Hamilton

Former U.S. Treasury Secretary Steve Mnuchin has warned that America is in the grips of a recession that will now continue for the next couple of years.

Categories Economy Tags Business, Economy, News, Recession, Steve Mnuchin Leave a comment

Biden Sinks Democrats before Midterms: ‘The World Is in a Bit of Disarray’

October 27, 2022 - 4:07 amOctober 26, 2022 - 2:40 pm by David Hawkins

President Joe Biden has sunk the entire Democratic Party with his latest comments just days away from the critical midterm elections.

Categories News, Politics Tags Biden, Democrats, Economy, Midterms 4 Comments

Yellen Admits Inflation Could Get Worse but Has ‘Confidence’ It’ll Get Better, Eventually

October 25, 2022 - 10:45 amOctober 25, 2022 - 10:10 am by Nick R. Hamilton

Treasury Secretary Janet Yellen has admitted that inflation could get worse but insists that she has “confidence” that price pressures will ease “over the next year or two.”

Categories Economy Tags Business, Economy, Inflation, Janet Yellen, News, Treasury 6 Comments
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