Economy

VIDEO: Elon Musk Talks Twitter Deal, Tesla Layoffs, Trump and U.S. Recession at Qatar Economic Forum

In his appearance at the Qatar Economic Forum this morning, the world’s richest man, Elon Musk, discussed a myriad of…

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Interest Rates Set to Rise Again in Second Half of 2022

Thus far, the Federal Reserve’s efforts to slow down inflation have been ineffective, despite announcing the largest rate hike since…

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VIDEO: U.S. Fed Raises Interest Rates By 0.75%, Its Largest Rate Hike in Nearly Three Decades

The United States Federal Reserve announced Wednesday afternoon that it raised its benchmark interest rate by 0.75%. The Fed funds…

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Inflation Fears See Markets Tumble Into Bear Market, Recession Looms

As the world’s economy runs headlong into a recession, the bears are having their day in the sun. The S&P…

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Federal Reserve Issues Largest Interest Rate Hike in a Generation

After a two-day policy meeting, the Fed’s plan included two monetary policies to rein in the runaway pandemic-related economic stimulus:…

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Consumer Price Index Sees 8.5% Inflation, Increasing Risk of Stagflation

The United States Labor Department reported that the Consumer Price Index (CPI) rose 8.5% in March, the highest inflation rate…

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Gold Prices Jump Following Worrisome U.S. Inflation Report

On April 11th, the Department of Labor reported that the Consumer Price Index (CPI) in March was 8.5% higher than…

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Fear of Fed Raising Interest Rates Leads to Big Market Selloff + Top 4 Biggest Losers

There have been rumbles about the Federal Reserve raising interest rates for a while now, and any time Fed Chair…

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