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.
Economy
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.
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.
Jesse Watters: Majority of Americans Agree That Biden Is ‘Incompetent’
Fox News host Jesse Watters called out Joe Biden by arguing that the majority of Americans agree that the Democrat president is “incompetent.”
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.
UK Consumer Confidence Hits Lowest Level since Records Began
Confidence among UK consumers has hit the lowest level since records began nearly five decades ago, according to a new report.
Wells Fargo CEO Warns Worst Is Yet to Come for Americans: ‘No Question’
The CEO of Wells Fargo Charles Scharf has warned that there’s “no question” that life is going to get far harder for many Americans before it gets better.
White House Makes Worrying Admission about Stock Market
White House Press Secretary Karine Jean-Pierre has admitted that President Joe Biden’s administration is not monitoring the stock market on a regular basis.
Powell: Fed to Raise Interest Rates without ‘Hesitation’ until Inflation Eases
Federal Reserve Chairman Jerome Powell has warned that the central bank will continue raising interest rates to combat elevated inflation until it comes down.
Jeff Bezos Praises Manchin for Stopping Biden Adding ‘Another $3.5 Trillion to Federal Spending’
Amazon founder Jeff Bezos has praised Democrat Sen. Joe Manchin (D-WV) for stopping President Joe Biden from adding trillions more dollars to federal spending.