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.
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...
CNBC on-air editor Rick Santelli reacted in live time Friday as abysmal new inflation numbers dropped, blasting the Biden administration for its hostile energy policies.
The State Department will announce a Special Representative for Racial Equity and Justice on June 17 in connection with the department’s Equity Action Plan, an email obtained by the Daily Caller reveals.
Tesla (TSLA.O) CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of salaried staff at the electric carmaker, he said in emails seen by Reuters.
When President Joe Biden arrived in his home state of Delaware on Friday, he was greeted by new calls to enact a student loan debt forgiveness plan that goes far beyond his campaign pledge.
