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.
Economy
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.
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.
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.
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.
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.
How to Invest Money during a Recession
With the United States currently being gripped by a recession, many are wondering how they can still invest their money amid the economic downturn.
Just 1% of Americans Describe Biden’s Economy as ‘Excellent’ Ahead of Midterms, Poll Shows
Just 1 percent of American voters describe the economy under Democrat President Joe Biden as “excellent,” a new poll has revealed.
Fed’s Powell Warns of Economic Pain: Inflation Fight Will Last ‘Some Time’
Federal Reserve Chairman Jerome Powell has warned Americans to brace for a long period of economic pain, revealing that he expects the fight against inflation will last “for some time.”
Obama’s Top Economist Scolds ‘Worse Than Reckless’ Biden: ‘Pouring Gasoline on Inflationary Fire’
A one-time chief economist to former President Barack Obama has blasted Joe Biden’s student loan forgiveness plan as “worse than reckless.”