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.
Economy
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.”
Bank of America CEO Issues Warning about Biden’s Recession Rhetoric
Bank of America CEO Brian Moynihan has slammed Democrat President Joe Biden’s economic rhetoric and issued a warning about his administration’s attempts to twist the definition of a recession.
Five Chinese Communist Party-Owned Firms to Delist from U.S Stock Exchanges
Several of China’s largest Chinese Communist Party-owned companies have announced plans to delist from U.S. stock exchanges.
Kashkari: Fed ‘Far, Far Away’ from Beating Inflation despite White House Victory Lap
Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, has warned that the Central Bank is “far, far away from” beating inflation, despite the recent victory laps from the White House.
Number of Homes for Sale Across US Soars
The number of homes listed for sale across the United States has soared to a record high in July, according to reports.
China Locks Down World’s Largest Wholesale Port, Threatening Global Supply Chain Disruption
The Chinese Communist Party (CCP) has locked down the port of Yiwu City in East China, the world’s largest wholesale hub, according to reports.
The Story Behind Federal Government’s July Jobs Report
Democrat President Joe Biden is celebrating the better-than-expected July jobs report, calling it “the result of my economic plan to build the economy from the bottom up and middle out.”
White House: Americans Who Think We’re in a Recession Are Actually Just Confused
Americans who believe that the United States is in a recession are just confused, according to White House economic adviser Jared Bernstein.