Inflation

Joe Biden Voices Fears of a Red Wave and ‘MEGA MAGA’ Republicans Seizing Power

President Joe Biden on Friday acknowledged that polls were swinging toward Republicans and issued a last-minute economic warning to Americans if they took power.

Saudi Arabia Strengthens Ties With China After Snubs, Begging From Biden

Leaders from Saudi Arabia and China said on Friday that the two nations will strengthen cooperation on energy after the Islamic kingdom’s falling out with the United States.

Recession ‘Before Yearend’

The next recession will likely begin in the very near future, the index of leading economic indicators from the Conference Board showed Thursday.

Democrats Ready for Midterm Blame Game

Three weeks out from a midterm election that is beginning to look more and more like a big victory for Republicans, Democrats are starting to play the blame game.

Inflation Brings Empty Shelves to German Supermarkets

Germany is one of the countries where energy costs and inflation have caused economic stress.

Stacey Abrams Promotes Abortion as a Fix for Recession

The Georgia gubernatorial candidate has no children.

Heritage Foundation Report: American Military Is ‘Weak’

In a stunning release on Tuesday highlighting its “2023 Index of U.S. Military Strength,” the Heritage Foundation (HF) rated the U.S. military as “weak” — so weak, in fact, that it is questionable whether it could meet the demands of even a single major regional conflict.

Bezos Issues Dire Warning for U.S. Economy

Amazon founder Jeff Bezos has warned that the US economy may be headed for a recession as surging inflation is causing too much pain.

Biden Announces Release of More Oil From Strategic Reserve Ahead of Midterms

The White House announced on Tuesday that President Joe Biden would release 15 million barrels of oil from the Strategic Petroleum Reserve.

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