Economy Archives - Page 9 of 21

Job Openings Rose Unexpectedly in December, Demand for Tech Workers Fell

The jobs market increased at the end of last to beat expectations, according to the latest data from the Bureau of Labor Statistics (BLS). Job openings increased to 11 million in December, up from 10.5 million the previous month. Meanwhile, the number of quits declined slightly, to 4.1 million, down from…

Economists Warn Americans: ‘Don’t Be Fooled’ – Severe Recession Is Coming

Two top economists have warned Americans not to "be fooled" by positive economic reports because a severe recession is coming. Lakshman Achuthan and Anirvan Banerji, the co-founders of the Economic Cycle Research Institute, said that despite contrary predictions, a recession will likely hit the United States "this year." “Some economists…

China’s Manufacturing Industry Is Rapidly Collapsing

China's world-dominating manufacturing industry is rapidly collapsing as multiple factors weigh heavily on the Chinese economy. China's emergence as a global superpower has been one of the most noteworthy geopolitical and economic developments in modern history. However, the miraculous rise of the once-ascendent communist nation could lose tremendous momentum. The…

Larry Kudlow Crushes Business News Rivals, Sets Ratings Record with Most-Watched Show in 2022

Larry Kudlow, President Donald Trump's former Director of the National Economic Council, has enjoyed a record-breaking year at Fox Business. Kudlow's show has crushed its rivals in business news as the network continues to dominate the competition. Fox Business Network (FBN) finished 2022 as the leader in business news. FBN…

Top Economic Forecaster: Recession Coming in 2024

A top economic forecaster has stated that America will enter a recession in 2024 after the economy slows down next year. The recession will be brought on by American industry continuing to slow down, according to economic forecaster ITR Economics. “We’re still calling for more of a slowing growth cycle…

50% of American Workers Say They Plan to Quit Their Jobs in 2023

Amid widespread layoffs and hiring freezes under Democrat President Joe Biden's economy, around 50 percent of American workers say they plan to quit their jobs in 2023, new data shows. The uncertain economy is driving key players in the tech, automobile, media, and food industries to make unprecedented cutbacks in…

Ex-Treasury Secretary: Recession Is Coming and It Won’t Be Mild

Larry Summers, who served as Bill Clinton's Treasury Secretary and Barack Obama's National Economic Council advisor, has warned that a recession is coming and that it will not be a mild one. Speaking during an interview with MSNBC on Thursday, Summers said that the Federal Reserve will have to face…

Rand Paul Revolts: ‘Republicans Are Emasculated’ and ‘Unwilling to Gain Power Back’

Senator Rand Paul (R-KY) has ripped Senate Minority Leader Mitch McConnell (R-KY) and other Republican senators for caving to President Joe Biden and the Democrats, warning that the GOP has been “emasculated.” During a fiery appearance on Larry Kudlow's Fox Business show, Paul blasted all sides over the bipartisan spending…

Over 40 Percent of Americans Expect Housing Market to Crash Next Year, Survey Shows

Over 40 percent of Americans say they believe the U.S. housing market will crash next year, a new real estate industry survey has revealed. According to the survey, conducted by LendingTree on more than 2,000 Americans, a lot of consumers have a very gloomy outlook about the market. Fears of…

Renowned Economist Nouriel Roubini Warns ‘The Mother of All Economic Crises Looms’

Renowned economist Nouriel Roubini has warned that "the mother of all economic crises" is now looming. Roubini says he fears policymakers will likely not be able to handle the scale of the impending economic crisis in the global economy. Roubini raised the alarm in a December 2 article for Project…