Federal Reserve

Recession Watch: Fears Return As Fed Warns Americans Of ‘Some Pain’ As Economy Braces For More Job Cuts

Fears of an impending recession once again escalated Friday after Federal Reserve Chair Jerome Powell warned economic growth will suffer as the central bank works to ease decades-high inflation

Government Revision Shows Economy Shrank 0.6% Last Quarter

The U.S. economy shrank at a 0.6% annual rate from April through June, the government said Thursday in a slight upgrade from its initial...

Shift in Hiring Patterns Points to Looming Recession for Biden Economy

Despite a July Commerce Department report showing a second consecutive quarter of negative GDP growth — the classic definition of a recession — Biden...

Half of American Companies Set to Cut Jobs After Hiring Surge

Numerous companies across the United States are planning to trim their employee numbers, Fox Business reported Friday. The outlet continued: That’s according to a new survey...

CNN Tells Americans to Think of the Dip in Gas Prices as a ‘Raise’ – It Doesn’t Go Over Well

Over the last year, there has been plenty of commentary about the spike in gas prices, now CNN has an interesting take on the dip in prices.

Housing Starts Plunge 9.6%, Raising Recession Fears

The number of housing starts tumbled in July, an indication that the housing market is taking a hit and may be falling into a recession.

Red States Giving the Boot to ‘Woke’ Firms Seeking Government Business

More Republican-led states are refusing to do business with financial institutions that embrace a “woke” agenda on issues such as climate change, guns and...

Supersized IRS Will Shrink Liberty

West Virginia Senator Joe Manchin recently claimed the 15 percent corporate minimum tax contained in the Inflation Reduction Act, which should be called the Inflation Creation Act, is not a tax increase.

Americans Deeper in Debt as Credit Card Spending Spikes Amid Inflation

Many consumers are leaning on their credit cards more and more as the price of everyday goods continues to climb.

Inflation Reduction Act: Another DC Lie

The Affordable Care Act, No Child Left Behind, and the USA PATRIOT Act received new competition for the title of Most Inappropriately Named Bill when Senate Democrats unveiled the Inflation Reduction Act.

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