Economist

The chief economic adviser for financial services firm Allianz warned that the new coronavirus variant Omicron could shake up the markets, exacerbate supply chain woes, amplify record-high inflation pressures — and possibly result in 1970s-style “stagflation.”

Economist Ernst Wolff believes that a hidden alliance of political and corporate leaders is exploiting the pandemic with the aim of crashing national economies and introducing a global digital currency.

The Biden administration’s failure to tackle high and rising inflation pushed consumer sentiment this month to its lowest level in a decade.

Initial claims for jobless benefits fell last week to 199,000

Slapped on a gas pump next to the digital meter display, the stickers tell a simple, powerful story: Today’s gasoline prices, the highest in years, are courtesy of the commander in chief.

President Joe Biden has picked Federal Reserve Chair Jerome Powell to serve a second four-year term at the helm of the central bank, while nominating Lael Brainard, the only Democrat on the Fed’s seven-member board, to serve as second-in-command at the Fed.

Inflation outstripped forecasts and surged above 4 per cent last month to hit its highest level in almost a decade as spiralling energy prices pushed up the cost of living.

Biden says taming inflation is ‘top priority’ as soaring energy costs help drive 6.2% increase.

Hunter Biden’s controversial art exhibit in New York has reportedly received only a handful of attendees, some of whom refused to even give their...

Strong consumer demand and supply shortages test economy with rapid uptick in inflation