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UK Consumer Confidence Hits Lowest Level since Records Began

May 20, 2022 - 12:52 pmMay 20, 2022 - 8:13 am by Nick R. Hamilton

Confidence among UK consumers has hit the lowest level since records began nearly five decades ago, according to a new report.

Categories Economy Tags Business, Consumer Confidence, Economy, Inflation, News, UK Leave a comment

White House Makes Worrying Admission about Stock Market

May 19, 2022 - 11:02 amMay 19, 2022 - 10:13 am by Nick R. Hamilton

White House Press Secretary Karine Jean-Pierre has admitted that President Joe Biden’s administration is not monitoring the stock market on a regular basis.

Categories Economy Tags Biden, Business, Economy, Karine Jean-Pierre, News, Stock Market, White House 1 Comment

Powell: Fed to Raise Interest Rates without ‘Hesitation’ until Inflation Eases

May 18, 2022 - 11:48 amMay 18, 2022 - 10:13 am by Nick R. Hamilton

Federal Reserve Chairman Jerome Powell has warned that the central bank will continue raising interest rates to combat elevated inflation until it comes down.

Categories Economy Tags Business, Central Bank, Economy, Federal Reserve, Inflation, Interest Rates, Jerome Powell, News Leave a comment

Elon Musk: Twitter Deal ‘Cannot Move Forward’ until Bot Data Confirmed

May 17, 2022 - 11:09 amMay 17, 2022 - 10:13 am by Nick R. Hamilton

Elon Musk has warned Twitter that his deal to buy the company “cannot move forward” until the data on bots and fake accounts has been confirmed.

Categories Economy Tags Business, Elon Musk, News, Spam Bots, Twitter Leave a comment

Rep. Johnson: Biden Must Stop Foreign Energy Reliance & ‘Reckless Spending’ to Reduce Inflation

May 16, 2022 - 11:23 amMay 16, 2022 - 10:13 am by Nick R. Hamilton

Rep. Bill Johnson (R-OH) has warned Democrat President Joe Biden that his administration needs to end reliance on foreign nations for energy and reverse its course of “reckless spending” if inflation is going to go down.

Categories Economy, Politics Tags Biden, Bill Johnson, Business, Energy, Inflation, News 1 Comment

India Bans Wheat Exports over Concerns of Food Security

May 15, 2022 - 10:56 amMay 15, 2022 - 10:13 am by Nick R. Hamilton

India has banned almost all exports of wheat after expressing concerns over food security, according to reports.

Categories Economy Tags Business, Economy, Food Shortages, India, News, Wheat 1 Comment

Japan Bans Exports of High-Tech Goods to Russia

May 14, 2022 - 1:03 pmMay 14, 2022 - 10:13 am by Nick R. Hamilton

Japan said Friday that it will ban exports of cutting-edge goods to Russia as additional sanctions against Moscow over its invasion of Ukraine.

Categories Economy Tags Business, Japan, News, Russia, Ukraine Leave a comment

Elon Musk Says Twitter Deal ‘on Hold’ over Spam Bots

May 13, 2022 - 11:48 amMay 13, 2022 - 10:13 am by Nick R. Hamilton

Tech entrepreneur Elon Musk said today that his deal to buy Twitter is “temporarily on hold” over data reports concerning “spam bots” on the platform.

Categories Economy Tags Business, Elon Musk, News, Twitter 1 Comment

Court Reinstates Texas Law Protecting Free Speech on Social Media Platforms

May 12, 2022 - 11:01 amMay 12, 2022 - 10:13 am by Nick R. Hamilton

A court has reinstated a Texas law that allows state officials to bar social media platforms from censoring users based on their political views, according to reports.

Categories Economy, Politics Tags Business, Ken Paxton, News, Social Media, Texas 2 Comments

Jack Dorsey Agrees with Elon Musk on Trump’s Twitter Ban

May 11, 2022 - 12:35 pmMay 11, 2022 - 10:13 am by Nick R. Hamilton

Twitter co-founder and former CEO Jack Dorsey said he backs Elon Musk’s plan to reinstate former President Donald Trump’s account when he takes control of the platform.

Categories Economy Tags Business, Elon Musk, Jack Dorsey, News, Trump, Twitter 1 Comment
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