Economy

Bank of America Forecasts a Recession This Year With Economy Shrinking 1.4%

Bank of America has downgraded its expectations for the economy this year to include a “mild recession.”

House Proposal Will Hike Taxes on Lower- And Middle-Income Americans: Bipartisan Congressional Panel

Taxes will go up for millions of lower- and middle-income taxpayers under the House Democrats’ version of President Joe Biden’s Build Back Better plan, according to two new analyses by the non-partisan professional staff of the congressional Joint Committee on Taxation (JCT).

BRICS Could Create Its Own Reserve Currency, Russia’s Medvedev Says

Since its creation in the mid-2000s, the BRICS group of major emerging economies has promoted extensive cooperation between members, and recently, has begun pushing for a global realignment of geopolitical power to better match members' economic, geographic and demographic potential with their position in the international order.

Americans’ Inflation Forecasts Hit Another Record High

Americans’ short-term inflation expectations continue to rise, according to June survey results released on Monday by the Federal Reserve Bank of New York.

Yes, They Were Socialists: How the Nazis Waged War on Private Property

When the average person thinks of the Nazis, what often comes to mind is World War II, the Holocaust, and rousing speeches of hate.

$15M in American Rescue Plan Funds Went to ‘Anti-racism,’ ‘Social Activism’ Programs for Kids

$15M in American Rescue Plan Funds Went to ‘Anti-racism,’ ‘Social Activism’ Programs for Kids.

Most Democrats Do Not Want Biden to Run in 2024: Poll

A majority of registered Democrats would like someone other than President Joe Biden to be their party’s nominee in 2024, according to a poll...

World Economic Forum: Gas Prices Must Go Even Higher—to Save Democracy

The World Economic Forum (WEF) released a position paper Monday that inexorably links two claimed global crises as one – “climate change” and the “decline of democracy.”

Biden Approval Rating: 29%

President Joe Biden’s approval rating dropped into the 20s for the first time in his presidency, a Saturday Civiqs poll revealed. Just 29 percent of...

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