Economy Archives - Page 17 of 21

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. During a Wall Street Journal event this week, Scharf warned that the U.S. economy is about to get far worse. “It’s going…

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. The news comes as the Dow Jones Industrial Average plunged 1,100 points Wednesday. Speaking to reporters on Wednesday, Jean-Pierre said that “nothing has changed on how we…

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. Powell said the Fed is committed to fighting inflation during an interview at The Wall Street Journal’s Future of Everything Festival. “We will go until we…

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. Bezos, the second richest man in the world, hammered Biden for the third time in a week on Twitter. He blasted the Democrat president over inflation…

India Bans Wheat Exports over Concerns of Food Security

India has banned almost all exports of wheat after expressing concerns over food security, according to reports. The Indian government cited the heightened risk to food security in the country and some of its neighbors arising from a sudden spike in the global prices of wheat. India’s Directorate of Foreign…

Sen John Kennedy: ‘The Biden Administration Just Keeps Kicking Its Own A**’

Senator John Kennedy (R-LA) has slammed Democrat President Joe Biden over his many failures since entering the White House. Kennedy went on Fox News host Jesse Watters' show to blast the Biden administration for "kicking its own a**." “I mean, look, here’s the truth, the truth is that the Biden…

Sean Hannity Drops Hammer on Biden over Inflation: ‘This Is an Extremely Dangerous Period in Our Country’

Fox News host Sean Hannity has dropped the hammer on Democrat President Joe Biden over his handling of the economy. Hannity blasted Biden over soaring inflation, the baby formula shortage, the supply chain crisis, and other issues that are negatively impacting the lives of the American people. “The new inflation…

‘The View’ Tries to Credit Obama for Soaring Economy under Trump

The co-hosts of ABC’s “The View” tried to rewrite history by crediting Barack Obama for President Donald Trump’s “soaring” economy. Sunny Hostin said the end of Roe v. Wade by the Supreme Court could be “a losable issue” for Republicans. She argued that there would be “repercussions” for the GOP…

Kellyanne Conway: ‘Mothers Can’t Feed Their Babies’ While Biden ‘Babbles about Ultra-MAGA’

President Donald Trump's former adviser Kellyanne Conway has slammed Joe Biden's repeated attacks against his opponents' supporters while Americans are struggling under his own economy. As Slay News first reported Tuesday, the Biden administration was hit with more humiliating news as the latest economic figures show a weakening economy. The…

Biden Gets Worst News of Political Career: Inflation Continues, Real Wages Fall

Democrat President Joe Biden has just received the worst news of his political career as the latest economic data deals a death blow to the Democrats' chances in the looming midterms. The latest figures from the Bureau of Labor Statistics show the U.S. economy is still battling inflation while "real…