US Economy

Are Bank Failures a Sign of More Trouble Ahead?

The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in US history.

Rising Inflation, Household Income Growth Not Meeting Expectations Under Biden Admin

The prices of all items have increased by 0.5% from December to January, marking the highest monthly increase since October.

Full Transcript of Trump’s 2024 Presidential Bid Announcement

"In order to make America great and glorious again, I am tonight announcing my candidacy for President of the United States."

US Economy Added 261,000 New Jobs in October as Hiring Stays Strong

The U.S. economy added 261,000 new jobs in October, down from the upwardly revised 315,000 in September, according to the Bureau of Labor Statistics...

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.

Americans Have Lost $4.2K in Income Under Biden

The average American has lost $4,200 in annual income since President Biden took office — entirely wiping out gains made under the Trump administration, an analysis from the Heritage Foundation shows.

Inflation Continued to Climb in August, Defying Expectations

The Consumer Price Index (CPI), a key measure of inflation, increased by 8.3 percent in August compared to the same time last year and increased 0.1 percent from the previous month, the Bureau of Labor Statistics revealed on Tuesday.

Fauci Will Be Held Accountable for COVID Origins Despite Resignation, GOP Says

'Fauci’s resignation will not prevent a full-throated investigation into the origins of the pandemic,' commented Sen. Rand Paul (R-Ky.).

U.S. Enters Recession Under Biden

U.S. economy shrank 0.2% in the June quarter, 0.9% on an annualized basis.

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