Economy

West May Have Underestimated Russia’s Ability to Weather Sanctions

The United States and Europe might have miscalculated just how resilient Moscow has been to sanctions in the short run. When the West applied aggressive...

New Bill Would Mandate Federal Reserve to Promote ‘Racial and Economic Justice’

A new bill would extend the Federal Reserve’s mandate to promote “racial and economic justice,” prompting concerns as to whether this would lead to discrimination.

Americans Become Deeply Pessimistic About Economy as Consumer Confidence Hits Record Low

American consumers have never been this pessimistic about the economy, with the University of Michigan consumer confidence index plunging to a record low, as soaring inflation erodes household purchasing power and threatens a cost-of-living crisis.

Biden Admin to Cancel $6 Billion in Student Loans for 200,000 Defrauded Borrowers

Some 200,000 students who claim they were defrauded by educational institutions in the United States are set to have their student loans canceled after the Biden administration this week settled a $6 billion class-action lawsuit.

Gaslighting: How Media’s ‘Fact-Checks’ Have Led Public to Distrust the Press

The media fact-checked stories on COVID-19, Trump-Russia collusion, and the Hunter Biden laptop before later acknowledging the truth.

Five Reasons to Impeach Joe Biden

America has a two-tiered justice system.

Majority of Voters Oppose Second and Third Trimester Abortion, Poll Shows

The majority of U.S. voters support restricting abortions in the second and third trimesters of pregnancy, according to a poll released Wednesday by Suffolk University and USA Today.

Just 11% Of Americans Blame Putin for High Energy Prices

President Joe Biden’s attempts to convince the American people that Russian leader Vladimir Putin is responsible for high gas prices and inflation has failed, polling data released Tuesday showed.

Yellen Says High Inflation Will Stick Around All Year

Treasury Secretary Janet Yellen said Sunday that high inflation would persist for the remainder of 2022 and that, while she expects the U.S. economy...

Target Battles Plummeting Profits and Ballooning Inventory by Offering Rare Discounts on Clearance Merchandise

Target has started offering discounts to clear out excess items from its inventory.

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