US Economy

Business

Biden Says Latest $700 Billion Green New Deal Spending Spree Will ‘Reduce’ Deficit

American Faith -
Joe Biden spoke to reporters on Thursday after the second quarter GDP numbers came in less than expected.
Business

Bank of America Forecasts a Recession This Year With Economy Shrinking 1.4%

American Faith -
Bank of America has downgraded its expectations for the economy this year to include a “mild recession.”
Business

While US Economy Crumbles, Biden Promises $200 Billion for Solar Panels, Vaccine Plants and Communication Links Around the World

American Faith -
Joe Biden promised the world $200 billion for communication links, vaccine plants, and solar panels.
Breaking

Fed Hikes Rates by the Most in 28 Years, Signals Volcker-Era Is Back

American Faith -
The Fed hiked rates by a stunning (but expected) 75bps - the biggest hike since 1994. Esther George dissented (preferring 50bps).
Politics

U.S. Senate Passes $40 Billion Ukraine Aid Bill

American Faith -
Only 11 Republicans voted 'no.'
Politics

Senate Moves $40 Billion Ukraine Aid Package Forward

American Faith -
Critics are calling out the Senate's decision due to shortages and other economic pressure on Americans.
Opinion

Why Did Rand Paul Delay Washington’s $40 Billion Ukraine Giveaway?

American Faith -
Even by Washington standards, the Biden Administration’s recent request for $33 billion for military aid to Ukraine was shocking.
Breaking

CNN Reports Biden ‘Close to the Point of No Return With Americans’

American Faith -
Recent poll shows the president's efforts to win over Americans aren't working.
Business

U.S. Economy Shrinks by 1.4%: Recession Fears

American Faith -
Inflation at 40-year high.
Business

‘It Basically Just Dropped off a Cliff’: Analysts Fear Major Trucking Downturn Spells Doom for Us Economy

American Faith -
The U.S. trucking industry has suffered a dramatic downturn in recent months and financial analysts are worried the bad news is a presage of widespread economic trouble.
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