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Global Banks Partnering to Test Centralized Digital Currency

The banks partnered with the New York Federal Reserve.

Jeff Bezos’ Top Tips for Managing the Economic Downturn

Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in the coming months as the global economy contends with a downturn and faces a possible recession.

Amazon to Lay Off 10,000 Starting This Week

Amazon.com Inc. plans to lay off about 10,000 people in corporate and technology jobs starting as soon as this week, The New York Times reported Monday, citing people with knowledge of the matter.

El Salvador Seeks Free Trade with China After Abandoning Taiwan

China announced on Thursday that it is ready to start negotiations with El Salvador to broker a free trade deal, pushing further commercial and political ties between the two nations.

$318,576,000,000: Federal Tax Collections Set Record in October

The federal government collected a record $318,576,000,000 in total taxes in October, the first month of fiscal 2023, according to the Monthly Treasury Statement released today.

American Households Lost $6,100 Under Biden

Inflation under the Biden Administration has resulted in American families losing over $6,000.

Consumer Prices Rose 7.7% In October From a Year Ago, Core Inflation Eases

Consumer prices continued to climb in October as the pace of overall inflation held at the level hit a month earlier and underlying inflation excluding food and fuel slowed.

Meta Cuts 11,000 Jobs: Zuckerberg Admits He Made Bad Trend Predictions

The company founder admits to overextending investments.

Kerry’s Climate Alarmism Scheme Allows Polluting Companies to Continue Polluting

White House climate envoy John Kerry announced Wednesday that the Biden administration and environmental nonprofits are creating a financial framework that will allow corporations to offset their emissions by buying “carbon credits” from developing nations.

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