Biden: ‘We’re Not Going to Be in a Recession’
Democrat President Joe Biden is insisting that the United States is not slipping into an economic recession.
News
Wheat Prices Soar Again after Russian Missiles Strike Odesa Following Grain Deal
Wheat prices have skyrocketed again on Monday, shortly after Russian forces struck the southern Ukrainian port of Odesa.
Americans Likely to Be Tracked for CO2 Emissions under New SEC Climate Rule, Consumers’ Research Warns
A consumer rights group has warned that Americans’ CO2 emissions data will likely be collected and reported to the government in the near future.
Wheat Prices Fall to Pre-War Levels after Russia-Ukraine Deal to Unblock Exports
The global price of wheat has fallen to pre-Russian invasion levels following the Friday announcement that Russia and Ukraine have struck a deal to unblock exports.
Looming Debt ‘Death Spiral’ Will Force Fed to Restart Money Printers Sooner, Expert Warns
A leading economic expert is warning that the U.S. Federal Reserve will soon be forced to start printing money again as a “death spiral” of debt is looming.
30 Percent of Gen Z Americans Permanently Living with Parents amid Inflation Squeeze
Almost 30 percent of Gen Z Americans are living with their parents amid recent pressures from inflation and the pandemic, according to a new survey.
Netflix to Crack Down on Password-Sharing with ‘Add a Home’ Fee
Netflix has announced that it will expand its crackdown on subscribers sharing their passwords with friends and family members from different households.
Morgan Stanley Warns Bear Market ‘Not Over,’ Even If We Avoid Recession
American multinational investment bank Morgan Stanley has warned that the current bear market is “not over” amid recent positive signals.
Sri Lanka Placed under Emergency Declaration Ahead of Vote for New President
Crisis-hit Sri Lanka’s acting president has declared a state of emergency across the island nation ahead of the parliamentary vote for the country’s new leader.
Retail Sales Rose in June but Down When Inflation Taken into Account
Retail sales in the United States saw a 1 percent rise in June but were down when the impact of inflation is taken into account.