Economy Archives - Page 16 of 21

US Economy Slowing Due to Persistent Inflation, Supply Woes, OECD Warns

The United States economy is slowing down due to persistent inflation and ongoing supply chain issues, the Organization for Economic Cooperation and Development (OECD) has warned. The OECD has cut its growth forecast for the U.S. economy, blaming high inflation and supply disruptions. The organization says the issues are remaining…

BlackRock CEO Larry Fink Warns Inflation Will Last a ‘Number of Years’

Larry Fink, the chairman and CEO of the world's largest asset manager BlackRock, has warned that U.S. inflation is likely to continue "for a number of years." Fink made his comments while speaking with David Westin during an interview on "Bloomberg Markets: The Close." Westin stated that the markets had…

Elon Musk Has ‘Super Bad Feeling’ about Economy, Plans to Slash 10% of Jobs at Tesla

Elon Musk has warned he has a “super bad feeling” about Democrat President Joe Biden’s economy and plans to slash 10 percent of the workforce at Tesla. Musk says he will also "pause all hiring worldwide," according to a leaked email obtained by Reuters. In the email, Musk raised concerns…

JPMorgan CEO Warns America of Coming ‘Economic Hurricane’ under Biden

J.P. Morgan Chase CEO Jamie Dimon has warned Americans to "brace" for an "economic hurricane" that is coming due to Democrat President Joe Biden’s policies. Dimon overruled the president’s rosy economic outlook and warned that Biden is about to unleash an even deeper economic crisis on an unsuspecting public. “I…

Larry Kudlow Issues Warning about Biden’s Spending Plan: ‘Wokeness Is Going to Destroy Our Economy’

Former Trump adviser Larry Kudlow has issued a warning to the American people that the Democrats' "wokeness is going to destroy the economy." Speaking during his appearance on Fox Business's "Varney & Co." on Tuesday, Kudlow took aim at Democrat President Joe Biden's "woke" policies. He argues that the president's…

US Consumer Sentiment Falls to Near 10-Year Low in May

Consumer sentiment in the United States has fallen to an almost ten-year low in May, new data reveals. The drop was revealed in the final May edition of the University of Michigan’s Sentiment Survey, which was released on May 27. The index fell from 65.2 in April to 59.1 in…

Elon Musk Issues Warning to ‘Woke’ Americans: ‘Rude Awakening Inbound’

Tesla CEO Elon Musk issued a warning to "woke" Americans that they are in for a "rude awakening" as the corporate world will soon leave them behind. Musk blasted "stay-at-home" workers that believe they "don’t actually need to work hard" to succeed in the world. The tech entrepreneur was discussing…

Germany Narrowly Avoids Recession as Pandemic, Ukraine Invasion Weigh Heavily on Economy

Germany has narrowly avoided a recession in the first quarter as its economy comes under increasing pressure from the Ukraine invasion and the lingering impact of the pandemic. The war and the effects of pandemic restrictions are weighing on German economic activity. However, Europe’s biggest economy still managed to eke…

Jesse Watters: Majority of Americans Agree That Biden Is ‘Incompetent’

Fox News host Jesse Watters has called out Joe Biden by arguing that the majority of Americans agree that the Democrat president is "incompetent." Watters listed Biden’s failures in office before declaring that "Americans are fed up." “I don’t want a piece of you," the host said during his show…

Gas Price Jumps 33 Cents in 2 Weeks, Analysts Warn of $6 per Gallon by August

As the average gas price continues to soar in the United States, analysts are now warning that Americans could be paying $6 per gallon by August. According to the Lundberg Survey, the average price of regular-grade gasoline spiked 33 cents over the past two weeks to $4.71 per gallon. On…