Economy Archives - Page 18 of 21

US Economy Abruptly Shrinks as Biden’s Policies Threaten USA with Stagflation

The U.S. economy unexpectedly contracted in the first three months of 2022 according to the Burea of Economic Analysis. They said Gross Domestic Product decreased at an annual rate of 1.4 percent in the first quarter of 2022. Economists had expected the economy to grow 1.1 percent. This is terrible…

China’s Economy Weakens in March as ‘Zero-COVID’ Lockdowns Bite

Amid crippling "Zero-COVID" lockdowns in China, the Chinese economy showed significant signs of weakening in March. China’s economy saw a contraction in both domestic consumption and factories activities, official data shows. The figures come after Beijing’s sweeping COVID-19 lockdowns take their toll across the country. China's financial hub Shanghai has…

Home Depot Co-Founder Slams Biden’s ‘Terrible Blunder’ on Inflation: ‘Worse Than Jimmy Carter’

Home Depot co-founder Ken Langone has slammed Democrat President Joe Biden for the "terrible blunder" of his administration that is causing soaring inflation. Langone declared that Biden is "worse than Jimmy Carter" after the Democrat-led White House has made a series of policy errors that Langone believes have pummeled the…

Putin’s Price Hike? Biden Admin Policies Behind 8.5 Percent Inflation, Experts Say

While the White House is trying to convince the American people that Russian President Vladimir Putin is responsible for the past year of soaring inflation, experts are warning that the policies of Democrats and the Biden administration are driving the skyrocketing rates. On Monday, ahead of releasing the inflation data…

Ted Cruz Issues Warning about Biden: ‘White House Is Now Expecting Shocking Inflation Numbers’

Republican Sen. Ted Cruz (R-TX) has issued a warning about Democrat President Joe Biden and his handling of the economy. The warning comes as the Biden administration is set to publish th latest inflation data on Tuesday. As Slay News previously reported, the White House Press Secretary Jen Psaki attempted…

Psaki: ‘We Expect March Headline Inflation to Be Extraordinarily Elevated’

White House Press Secretary Jen Psaki has admitted that the Biden administration's monthly inflation data will be “extraordinarily elevated.” This comes after inflation hit a 40-year high of 7.9 percent last month. Speaking Monday, Psaki started off by trying to blame Vladimir Putin for the skyrocketing inflation ahead of Tuesday's…

Companies and Employees in Ukraine Suffering amid Russian Invasion as Production Stops

Companies in Ukraine, both large and small, have been forced to push the pause button on operations as the Russian invasion rages on. While some are looking for ways to continue by relocating employees or modifying work schedules and projects, others have been forced to shut their doors indefinitely. The…

Lauren Boebert Shreds Biden’s ‘Woke’ Budget by Quoting Democrats’ Words from Proposal

Republican Rep. Lauren Boebert (R-CO) has torn the Democrats' multi-trillion-dollar budget to shreds by simply quoting their own "woke" words from the proposal. During a congressional hearing, Boebert hammered President Joe Biden and Democrats over their priorities in the budget. On Monday, Biden revealed his staggering $5.8 trillion budget proposal…

Biden’s Budget Raises GDP Outlook, Trims Inflation, Increases National Debt

Democrat President Joe Biden's administration has just published its 2023 $5.8 trillion federal budget. In the proposed budget, the Biden admin published inflation, GDP, and deficit forecasts for the next ten years. According to the White House, the consumer price index is projected to clock in at 4.7 percent this…

Inflation Soars to 7.9%, Highest Level in 4 Decades: Biden Blames Putin

Democrat President Joe Biden has claimed that Vladimir Putin is to blame for soaring US inflation after the consumer price index hit another 40-year high of 7.9 percent in February. The latest inflation data was published on Thursday and shows America's inflation rates continuing to soar to staggering levels. However,…