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Yellen: Shutdown Would Undermine Economic Strides
A government shutdown that could start this weekend would "undermine" U.S. economic progress by idling key programs for small businesses and children, and could delay major infrastructure improvements, U.S. Treasury Secretary Janet Yellen said Friday.
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Musk at Border: Let 'Honest, Hardworking' Legally In
Elon Musk, the renowned entrepreneur and owner of X, took to his social media platform to reveal his Thursday visit to the southern border of the United States, accompanied by Rep. Tony Gonzales, R-Texas.
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GDP Revised Down for Every Q1 From 2020 to 2022
U.S. economic activity was either even weaker or not as strong as previously estimated in each of the first quarters of 2020, 2021 and 2022 amid downgrades mostly to consumer spending, revised government data showed Thursday.
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You Won't Believe Paul Krugman's Latest Inflation Metric
Paul Krugman might be the most well-known economist in the U.S. He's often heralded by corporate media talking heads as one of the best and brightest in the economic field. So why is Krugman trying to gaslight us into believing inflation is all in our heads?
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Trump to Pitch His Economics to Michigan's Workers
Donald Trump will speak to blue-collar workers outside Detroit on Wednesday, seeking to capitalize politically on an autoworker strike one day after President Joe Biden joined a picket line to show solidarity with workers and its union.
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Lara Trump: Biden Hurts Unions on Jobs, Immigration
Lara Trump, host of "The Right View" podcast, told Newsmax that, despite President Joe Biden's pro-union image, his energy and immigration policies are hurting them in reality.
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Biden's 'Accomplishments' Destroying America
What has his amazing legislative record of accomplishment done to address these bread and butter issues for the American electorate?
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US Labor Shortage to Slow GDP Growth, Boost Wages
The United States faces a long-term labor crisis that inevitably will lead to higher wages and a slowing economy, The Wall Street Journal reports.
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Fed's Pause Contributes to Harmful Inflation Psychology
Once again, the Fed has eased up on its restrictive monetary policy too soon. Late last year the Fed stopped its 75-basis point interest rate increases. Now they stopped all increases. That will contribute to the excess demand and will lead to higher inflation rates.
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Internal Chinese Breakdown Could Hurt US Economy
With China in the midst of what appears to be "serious economic contraction," experts warn that any collapse of its system could in turn weaken the U.S. economy.
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Media Ratings Firm Favors Left Leaning Outlets
A deep dive into a prominent media ratings firm's purportedly impartial and nonpartisan rankings of media bias and reliability found the chart seemingly favors left-leaning outlets while punishing others.
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ABC Poll: 75% Say Economy Suffering Under Biden
Trump drew a majority 52% support among registered voters in a hypothetical head-to-head matchup versus Biden, whose support has sunk to just 42% in The Washington Post-ABC News poll. The Post's report Sunday morning said other polling might be more accurately showing the...
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Buttigieg's New Idea: Stop Driving Cars Due to Racism
No gas stoves, no gas-powered cars, and no beer are just a few things the Biden administration has put the kibosh on. The White House is now leading Americans into believing cars are the leading cause of climate change and promote racism.
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Fed Predicts Long Fight Against Inflation
The US Federal Reserve voted Wednesday to hold interest rates at a 22-year high while predicting that lending rates will need to remain higher for longer to definitively cool inflation.
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US National Debt Hits $33 Trillion Milestone
Less than two weeks before the U.S. federal government faces a potential shutdown, the national debt of the U.S. has surpassed the historic milestone of $33 trillion, according to the Treasury Department.
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Bond Vigilantes and The Waiting for Godot
The term "Bond Vigilantes" is a nostalgic twist on an old-West theme.
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National Debt Crisis Could Sink Retirement Savings
As September marks National 401(k) Day every year, it is important to understand the danger we face in losing our nest eggs if our nation's debt crisis is not brought under control.
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Big Deficits, Easy Credit Put US Dollar at Risk
The BRICS - Brazil, Russia, India, China and South Africa - are expanding and studying an alternative currency system to the dollar.
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Thank 'Bidenomics' Farce for Latest GM-UAW Strike
Bidenomics has bred a virulent and persistent stagflation which, over the course of Joe Biden’s regime, has significantly eroded real wages, particularly for blue collar manufacturing workers like those in the UAW.
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Strike, Shutdown, Student Loans May Cool US Economy
U.S. Federal Reserve officials, who have tentatively embraced the possibility they can squelch inflation without a recession, meet this week with an autoworkers strike, a possible federal government shutdown, and a student loan squeeze on consumers posing new risks to that...
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Trump Calls for Autoworkers' Support: 'I'll Make You Victorious & Rich'
Former President Donald Trump sought to capitalize on the United Auto Workers strike, calling for their votes and rebuking President Joe Biden's "electric car scam."
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Gov. Newsom Will Sign Climate Transparency Laws for Big Business
California Gov. Gavin Newsom said Sunday that he plans to sign into law a pair of climate-focused bills intended to force major corporations to be more transparent about greenhouse gas emissions and the financial risks stemming from global warming.
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Jared Dillian: The Fed Will Cut Rates in 2024
That's a bold prediction in the title. I believe it will come true.Given the uncooperative consumer price index (CPI) reading of 3.7% we just got, it seems possible that the Fed will hike one more time before putting away the hiking boots.
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13,000 Workers Strike Simultaneously at Detroit Big 3
The United Auto Workers union launched simultaneous strikes at three factories owned by General Motors, Ford, and Chrysler parent Stellantis Friday, kicking off the most ambitious U.S. industrial labor action in decades.
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UAW Strike Fallout: Auto Industry on Brink of Collapse
This could be the first time in history that a nationwide United Auto Workers strike is called simultaneously at General Motors, Ford, and Stellantis with about 146,000 autoworkers represented by the union.