Economy Archives - Page 8 of 21

Biden Threatens Golden Goose, Plans to Hike Payments for Good-Credit Homebuyers to Subsidize High-Risk Mortgages

Democrat President Joe Biden has a new plan to penalize homeowners who have good credit scores by making them pay more monthly to subsidize costs for high-risk buyers. The changes will begin in May and have many experts furious. The plan will hit home buyers with a FICO credit score…

Elon Musk Issues ‘Dire’ Warning to America: ‘Last Time Fed Raised Rates Going into a Recession Was 1929’

Twitter CEO Elon Musk has issued a warning to America about the "dire situation" emerging from Democrat President Joe Biden’s bungling of the economy. Musk sat for an interview with Tucker Carlson and called out Federal Reserve Chair Jerome Powell for some of his head-scratching moves. "This is a dire…

Americans Paid $5 Trillion in Taxes to IRS Last Year Alone

The Internal Revenue Service (IRS) raked in a record-breaking $5 trillion in taxes last year. The amount of taxes collected from Americans has soared under President Joe Biden, an analysis of IRS data shows. Tax enforcement has also risen under Biden compared to President Donald Trump’s tenure. According to the…

Top Economist Issues Warning about Banking Crisis: ‘The Worst Is Ahead of Us’

A top U.S. economist has issued a warning to the American people regarding the banking crisis. Nouriel Roubini has warned that the worst is yet to come for the U.S. economy in the wake of the recent banking turmoil. According to Roubini, the crisis could lead to a serious credit…

U.S Adds 236,000 Jobs as Labor Market Slows in March

The United States added 236,000 new jobs in March, slightly below the market estimate of 238,000, according to the latest government data. The jobs numbers, from the Bureau of Labor Statistics (BLS), show the labor market weakened last month. The number of jobs added to the economy in March is…

JPMorgan CEO Warns Banking Crisis ‘Not Over Yet’: ‘There Will Be Repercussions for Years to Come’

JPMorgan Chase CEO Jamie Dimon has warned that America is facing "unprecedented" risks from the current economic climate and cautioned that the banking crisis "is not over yet." In last year's letter to investors, Dimon correctly forecasted the risks from the combination of inflation, war, and Covid fallout. In his…

Biden’s Approval Plunges to Near Lowest Point, Poll Shows

Democrat President Joe Biden's job approval has sunk to near the lowest point of his presidency, a new poll has revealed. The Associated Press-NORC Center for Public Affairs Research published the results of its polling on Thursday. The results chart fluctuations in voter support for Biden over recent months. In…

Biden & Harris Get Loud Wake-Up Call as Silicon Valley Bank Collapses

In a major wake-up call for Democrat President Joe Biden and VP Kamala Harris, a huge bank that was a dominant player in the tech industry has collapsed. The failed Silicon Valley Bank has now been taken over by the Federal Deposit Insurance Corporation (FDIC). This is not just any…

Biden’s Economy Lost 2.5 Million Jobs in January, despite Media Claims of 517,000 ‘Gain’

The United States economy suffered a whopping 2.5 million job losses in January despite efforts by the corporate media to try to spin the numbers in Democrat President Joe Biden's favor. The mainstream media praised Biden's economy while cheering employment figures showing that the U.S. saw a "gain" of 517,000…

Kevin McCarthy Schools Reporter on National Debt after First Meeting with Biden

As the corporate media refuses to admit that Joe Biden and the Democrats have promoted reckless economic policies, Republican House Speaker Kevin McCarthy (R-CA) masterfully schooled a leftist reporter on the national debt after his first meeting with the president. On Wednesday, McCarthy had his first meeting as speaker at…