Economy Archives - Page 18 of 21

Biden Tells Voters His ‘Policies Helped, Not Hurt’ on Inflation

Democrat President Joe Biden has tried to claim that his policies have "helped" regrading inflation and have "not hurt" the economy. Biden was grilled on inflation today by CNN White House correspondent Jeremy Diamond. Questions are mounting against the Biden admin as rising costs threaten every part of the economy.…

Biden Admin Pulls Record Tax Haul after Boost from Corporate Profits, Meme Stocks

The Biden administration has pulled in a record tax haul so far this fiscal year, according to reports. Federal government data shows that the record haul was partly on the strength of the meme stock mania and surging corporate profits. The figures are now prompting the Treasury Department to scale…

US Economy Adds 428,000 New Jobs in April, Beating Forecasts

America's economy added 428,000 jobs in April, beating previous employment forecasts, according to the Bureau of Labor Statistics (BLS). The figure tops the market forecast of 391,000 for the month, the latest figures show. The unemployment rate is unchanged at 3.6 percent, however. Average hourly earnings rose at an annualized…

Trevor Noah Ruins Biden: ‘Gas Is Up, Rent Is Up, Food Is Up, Everything’

Comedian Trevor Noah dropped the hammer on Joe Biden during the White House Correspondents’ Dinner by mocking the Democrat president for destroying the economy. Noah also took shots at Megan McCain, Peter Doocy, Chris Cuomo, Hunter Biden, and the media industry as a whole. Noah said: “Some people think that…

Biden Blames ‘Technical Factors’ for GDP Miss and Recession Concerns

President Joe Biden got some bad news today when the GDP numbers came in and shocked everyone by showing a decline. A stalling economy with rising inflation always spells doom for the governing party. Mitch McConnell said: “The economy actually shrank 1.4% over the last three months. No longer are…

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…