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Recent Posts:
- BEA: Government spending fueled 31% of Q3 GDP
- China continues dumping U.S. debt, new Treasury data show
- Department of Education: Only 60% of student loan borrowers have made payments
- MSNBC: Donald Trump will shut off the internet (uh, net neutrality?)
- Watch: Federal Reserve Jerome Powell’s post-FOMC press conference
- Federal Reserve signals rate cuts in 2024 at final FOMC meeting of 2023
- MSNBC: Donald Trump will shoot White House visitors
- U.S. government posts $314 billion budget deficit in November
- Sad! Most Republicans support price controls, new poll finds
- U.S. inflation expectations continue to slow heading into 2024
- Demand for U.S. government debt plunges at latest Treasury auctions for 3-year, 10-year bonds
- Investors betting 56% chance of rate cuts in March 2024
- Atlanta Fed’s GDPNow model for Q4 cut to 1.2%
- White House on Ukraine funding: ‘We are out of money — and nearly out of time’
- Gold hits record high as U.S. dollar, Treasury yields tank amid speculation of Fed rate cuts
- Elon Musk to advertisers leaving X: ‘Go f–k yourself’
- Make Argentina Great Again: Javiel Milei says shutting down central bank is ‘non-negotiable’
- Monthly mortgage payments soar to $3,000
- U.S. manufacturing is in a recession despite Bidenomics’ corporate welfare
- Atlanta Fed GDPNow estimate for Q4 revised higher despite hard crash in durable goods orders
- ‘It has not been properly explained to the American people how much they love Joe Biden’s economy’
- MSNBC: Trump is ‘even more dangerous’ than Adolf Hitler
- BREAKING: House Speaker Mike Johnson releases 44,000 hours of Jan. 6 tapes
- Biden Scandals Might Outdo Every Other President
- Whoops: Joe Biden says China’s Xi Jinping is a ‘dictator’
- WATCH: Exposing the CPI scam
- Moody’s slashes U.S. government rating outlook to ‘negative’ on fiscal risks
- LITERALLY HITLER: Hillary Clinton compares Donald Trump to Adolf Hitler (again)
- Vox: ‘The problem isn’t inflation. It’s prices.’
- October Jobs Report: More revisions, more government jobs, more unemployment
- WATCH: Post-FOMC press conference
- Atlanta Fed’s GDPNow model slashed to 1.2% for fourth quarter
- Bidenomics: From GDP to jobs, U.S. government is driving the economy
- UAW reaches tentative deal with Ford
- U.S. dollar purchasing power lost 20% since before the pandemic
- Scary! $60 billion added to the national debt since Friday the 13th
- Election 2024: Donald Trump has raised more money than Biden, GOP challengers
- SPR shrinks again as U.S. maintains 17 days’ worth of emergency oil supplies
- U.S. inflation comes in hotter than expected on rising gasoline, shelter costs
- Producer prices climb to six-month high but revisions dominate the report
- Federal Reserve expects interest rates to be ‘restrictive’ until inflation eases
- Freddie Mac: 30-year fixed-rate mortgage average approaching 8%
- Bidenomics: 41% of U.S. households say they are financially worse off than a year ago, New York Fed’s SCE shows
- Government employment, part-time jobs growth highlight new concerning trend in September NFP report
- WATCH: Second Republican Primary Debate
- WATCH: Fed Chair Jerome Powell’s post-FOMC policy meeting press conference
- The Federal Reserve’s Summary of Economic Projections
- 30-year fixed-rate mortgage climbs to 7.31%: MBA
- Money supply reaccelerates as U.S. inflation pressures revived
- US inflation reaccelerates in August, surges to hotter-than-expected 3.7%
- New York Fed restarts GDP Nowcast; forecasts 2.3% Q3 growth
- Mitch McConnell admits war in Ukraine is good for U.S. defense business
- More revisions? BLS revises Q2 labor productivity growth, hours worked lower
- LOL: Democrats say Vivek Ramaswamy is a white supremacist
- WATCH: Mitch McConnell appears to freeze again
- Job openings plunge, U.S. consumer confidence plummets
- Poll: Most Americans think Joe Biden is too old for a second term
- Donald Trump is back on Twitter
- WATCH: 2024 Republican Primary Debate
- U.S. private jobs overcounted by 358,000, government payrolls revised higher
- BRICS bank plans to issue first rupee bond in October
- China, Saudi Arabia cut U.S. government debt holdings in June: Treasury
- Money supply unexpectedly grows again, Fed data show
- WATCH: Rachel Maddow interviews Hillary Clinton about Trump indictment, ‘election deniers’
- Tomorrow’s CPI data should see an expected jump; August inflation forecast to witness large increase
- Another Biden-endorsed green company files for bankruptcy
- WTF? Jobs data revised down again in July
- Got stagnation? Services sector slows, price pressures tick up
- Janet Yellen blames Fitch’s ‘flawed assessment’ for U.S. credit downgrade
- ‘Fiscal Deterioration’: Fitch downgrades U.S. long-term rating as debt troubles mount
- Bidenomics: Manufacturing recession continues, U.S. labor market slows
- World Economic Forum goes full Mao, proposes ‘degrowth’ for global economy
- JPMorgan: Gold prices will touch $2,000 this year, rally to $2,175 by end of 2024
- Read full FOMC statement as Federal Reserve raises interest rates to highest level since March 2001
- WATCH: Mitch McConnell, 81, has a mental freeze at Senate GOP presser
- Joe Biden: ‘We ended cancer as we know it’
- Futures market expecting rate hike on eve of July Federal Reserve meeting
- U.S. manufacturing stuck in a recession as S&P Global PMI contracts for eight of last nine months
- RFK Jr. wants to back the U.S. dollar by Bitcoin, gold to ‘restore strength’ in the buck
- U.S. interest payments poised to hit $1 trillion this fiscal year
- Credit crunch begins? Total consumer credit rose by lowest level since November 2020
- U.S. economy posts worst jobs report of Biden’s presidency
- Wow! U.S. private sector added 497,000 new jobs in June, ADP data show
- U.S. opposed to China’s export controls on gallium, germanium: Commerce Department
- FOMC Minutes: Federal Reserve economists expect ‘mild recession,’ officials anticipate more rate hikes
- Bidenomics: Fourth of July cookout 15% more expensive under Biden than Trump
- Tit for tat? US retaliates to Chinese export ban by proposing restricted access to Amazon, Microsoft cloud services
- China to issue export controls on metals critical for chips found in electric vehicles, solar panels
- US manufacturing recession worsens as S&P Global, ISM PMIs further contract in June
- Federal Reserve’s preferred inflation gauge remains stubborn at 4.6% in May
- World Economic Forum in China: CBDCs can stop you from buying ‘things that it deems less desirable’
- Atlanta Fed GDPNow shows second-quarter growth to be below 2%
- Hunter Biden pleads guilty in sweetheart deal, Trump calls it ‘a mere traffic ticket’
- Federal Reserve’s emergency bank bailout fund touches another record high
- Federal Reserve leaves interest rates unchanged; FOMC updates dot-plot
- Inflation is falling? Check out this chart
- De-Dollarization: Pakistan pays for Russian crude oil shipment in Chinese yuan
- LOL: Biden-McCarthy debt ceiling agreement will trim national debt by $1.5 trillion over 10 years, CBO says
- Eurozone slips into technical recession after ECB insisted no downturn was in the forecast
- Poll: Half the country thinks the U.S. is in a recession