economy

Consumer Confidence Drops Month Over Month, Home Sales Slide As US Economy Falters (VIDEO)

Consumer Confidence dropped again in July below estimates from 98.4 in June to 95.7 in July. The economy sees weakening demand in new home sales. The confidence of consumers continued its downward slide in July, indicating fears of a slowing economy entering the second half of the year, the Conference Board reported on Tuesday. After…

Russia’s New War Strategy: Destroy The Global Economy

Brittany Jordan is an award-winning journalist who reports on breaking news in the U.S. and globally for the Federal Inquirer. Prior to her position at the Federal Inquirer, she was a general assignment features reporter for Newsweek, where she wrote about technology, politics, government news and important global events around the world. Her work has…

JP Morgan CEO Says A ‘Hurricane’ Is Coming For The U.S. Economy: ‘Brace Yourself’ (VIDEO)

While speaking to investors and analysts, JP Morgan CEO Jamie Dimon recently said that a hurricane is coming to the U.S. economy. Words like these are not encouraging for the millions of Americans who are already struggling financially, but this is the reality we are facing. It’s a stark difference from the way people felt…

BIDEN ECONOMY: Markets Fall Some More

“The Ukraine war, a global energy shock and the risk the Fed tries to fight the supply-driven inflation have sparked a reassessment of macro scenarios among market participants,” wrote Blackrock analysts in a note Monday morning. “We also see little chance of a perfect economic scenario of low inflation and growth humming along.” Fed Chair…

Joe Biden “Close To The Point Of No Return” With Americans On Economy Reports… CNN

The economy is quickly shaping up to be the most important issue in the 2022 midterm elections and that is bad news for Biden and the Democrats. Even some liberal media outlets are starting to admit this because they don’t want to look too stupid in November. CNN is even putting out some reality for…

Biden Economy: Jobless Claims Rise by 23,000 to 230,000

Number of Americans applying for unemployment benefits rose last week to the highest level since mid-November, as 57% of poll respondents disapprove of Biden’s handling of the economy. QUICK FACTS: the Department of Labor said Thursday that U.S. jobless claims climbed by 23,000 last week to 230,000, The Associated Press (AP) reports. The four-week average…

Americans Fear Biden’s Economy More Than COVID—Only 37% Worried About the Virus: AP-NORC Center for Public Affairs Research Poll

U.S. citizens no longer fear COVID, as majority 68% say economy is now biggest concern. QUICK FACTS: An Associated Press-NORC Center for Public Affairs Research poll shows only 37% of Americans consider Covid-19 one of their top five priorities in 2022, The Daily Mail reports, up from 53% at the same time last year. 68%…

Green Economy Job Creation Prospects Unclear

Charging station for Buick’s electric vehicles at the Shanghai Auto Show in Shanghai, China, in 2019. (Aly Song/Reuters) I’ve never been — how to put this — entirely convinced that the “sustainable” economy is going to be quite the jobs machine that its proponents like to claim. It’ll be good for regulators, and it will…

Virginia voters rank the economy as top issue

Voters casting ballots in the tight race for Virginia governor rank the economy as the top issue facing the commonwealth, with the coronavirus pandemic and education trailing. In the contest between Democrat Terry McAuliffe and Republican Glenn Youngkin, 34% of Virginia voters say the economy and jobs was the most important issue facing the state….

Just 235K Jobs Added to US Economy When Experts Predicted 725K — Black Unemployment Rate Surges

Huge Jobs Report Miss: Just 235K Jobs Added to US Economy When Experts Predicted 725K — Black Unemployment Rate Surges Tap here to add The Western Journal to your home screen.

As Inflation Skyrockets in the US, Russia and Saudi Arabia Sign Agreement Ending the ‘Petrol Dollar’, Putting the US Dollar and Economy at Even Higher Risk

As Inflation Skyrockets in the US, Russia and Saudi Arabia Sign Agreement Ending the ‘Petrol Dollar’, Putting the US Dollar and Economy at Even Higher Risk Tap here to add The Western Journal to your home screen.

Biden’s Insane Policies Are Destroying the Economy Too

Biden’s Insane Policies Are Destroying the Economy Too – Consumer Spending Sentiment Plunges While Inflation Reaches Highest Annual Increase in 30 Years Tap here to add The Western Journal to your home screen.

Deep Blue States Continue to Hold the US Economy Down

Guest post by Tom Blumer Monday’s unemployment numbers show blue states are the leaders in the nation’s unemployment. Several commentators have already noted that Monday’s State Employment and Unemployment release from the federal government’s Bureau of Labor Statistics reported that eight states had unemployment rates above 7 percent: – Nevada – 7.7 percent – California…

Destroying the Economy – Democrat’s Hope to Pass $5.4 Trillion in New Spending And Yet the Debt Limit Is Not Addressed

Destroying the Economy – Democrat’s Hope to Pass $5.4 Trillion in New Spending And Yet the Debt Limit Is Not Addressed Tap here to add The Western Journal to your home screen.

Economy Roared Back Under Trump to 92% by Inauguration — Flatlines Under Biden’s Open Border Socialism

Not Making Headlines: Economy Roared Back Under Trump to 92% by Inauguration — Flatlines Under Biden’s Open Border Socialism Tap here to add The Western Journal to your home screen.

Message to Corrupt Democrats: Stealing an Election and Then Crashing the Economy Might Not Turn Out So Well

A Deutsche Bank report includes a ‘Dire Warning’ for the US Economy after inflation reached highs not seen in 40 years. We reported earlier this week on the massive increase in inflation in April. BREAKING: Biden/Obama Economy Sees Goods Prices Increase 6.5% Since Last Year – The Highest Increase since 1982 Now foreign banks are…

China Reports Stronger Than Expected GDP, Is Only Major Economy To Grow In 2020

China, which a little over a year ago unleashed a global pandemic on the world which reshaped economies, global supply chains, capital markets, and societies and was directly responsible for the downfall of a US president, was hell bent on demonstrating that it was the biggest winner from said plague, and early on Monday local…

Goldman Expects Dems To Pass New $750BN Stimulus Next Month, Sending Economy Into Overdrive

Now that a “blue sweep” of Congress is reality, Wall Street has thrown out their existing market and economic forecasts and gone back to the drawing board to account for billions more in imminent stimulus. Not surprisingly, the first to publish a new and improved projection deck was Goldman which overnight said it had revised…

Blain: Will The 'Green' Economy Trigger The Next Meltdown?

Authored by Bill Blain via MorningPorridge.com, Back in the last century, I spent a large part of my investment career packaging up financial assets, like mortgages, into bonds – securitisation. I was heavily involved with the acquisition financing of a US home lender… which went spectacularly wrong a few years later when we discovered to…

2021 Could Be The Opposite Of 2020: Economy Up, Equities Down

Authored by Joe Carson, former chief economist and director of research at Alliance Bernstein, 2020 has proved to be a wild ride for the economy and finance. The economy posted its sharpest one-quarter decline to be followed by the largest quarterly gain. Meanwhile, the Dow Jones Index recorded the 10 largest daily percentage point declines…

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