Tag: economic policies

Biden’s Economic Optimism Threatened By Sticky Inflation, Credit Shocks

April 9, 2023
bidenBusiness & Marketseconomic policieseconomyExecutive BranchinflationPoliticsrecessionunemploymentUSUS News
0 Comment

The U.S. economy has made a remarkable comeback from COVID-19, growing by 2.1 percent in 2022 and returning to its pre-pandemic growth track. Since President Joe Biden took office, the economy has recovered more than 12.5 million jobs and the unemployment rate has dropped to a 50-year low. The number of applications for new small…

Read More

IRS to Prioritize Enforcement Including Criminal Investigation for Certain Assets

April 8, 2023
Business & MarketsCriminal Investigationdigital assetseconomic policiesExecutive BranchForm 1040IRSpersonal financePolicies & ImpactsPoliticsUSUS News
0 Comment

The Internal Revenue Service (IRS) said it would increase enforcement in the area of digital asset transactions and listed transactions. The federal agency identified certain transactions to have high-risk issues in noncompliance and vowed to ramp up enforcement in those transactions. “The IRS tracks many known, high-risk issues in noncompliance, such as digital asset transactions, listed…

Read More

Labor Force Participation Rate Ticks up but Still Below Pre-Pandemic Levels

April 8, 2023
Business & Marketseconomic policieseconomyemploymentinflationlabor force participationUSUS News
0 Comment

The U.S. labor force participation rate ticked up last month, but numbers are still below pre-pandemic levels. The participation rate for March is now at 62.6 percent, according to the U.S. Bureau Of Labor Statistics (BLS), on April 7. At the same time, the employment to population ratio edged up over the past month to 60.4…

Read More

US Greenlighting Chip Production While Diverging From China: Expert

April 7, 2023
Business & MarketsChinaeconomic policieseconomyIntelteslaUSUS-China relations
0 Comment

As the chip wars heat up, China and the United States are working on diverging, according to author, journalist, and media entrepreneur Rebecca Fannin. “I think we’re seeing this decoupling of China going its way and the Western world going another way. …  It’s going to continue to escalate from both [sides],” Fannin recently told “China…

Read More

Jobs Print Near Expectations, but Economy Clearly Is Slowing

April 7, 2023
Business & MarketsBusiness Columnistseconomic policieseconomyFederal Reserveinflationinterest ratesJay PowellMarketsstocksUS
0 Comment

Commentary New jobs created printed at 236,000 on April 7, according to the Establishment Survey, on par with market expectations of 230,000 jobs. The Household Survey printed lower, at 160,000. Net revisions were down 17,000 from January and February. Both the unemployment rate, at 3.5 percent, and the number of unemployed persons, at 5.8 million,…

Read More

‘CBDCs Grease the Slippery Slope to Financial Slavery and Political Tyranny’: Robert F. Kennedy Jr.

April 7, 2023
Business & MarketsCentral Bank Digital Currency (CBDC)digital dollareconomic policieseconomyfinancial surveillancePolicies & Impactsrobert f. kennedy jrUSUS News
0 Comment

The U.S. government will use the current financial crisis to promote a central bank digital currency (CBDC), warned Robert F. Kennedy Jr., adding that such a move will only culminate in absolute financial surveillance and threaten basic personal liberties. “CBDCs grease the slippery slope to financial slavery and political tyranny. While cash transactions are anonymous,…

Read More

Biden EPA Tightens Screws on Coal Plants

April 7, 2023
Business & MarketscoalCompaniesDemocratseconomic policieseconomyenergyEnvironmentEPAExecutive BranchgridMarketsmercuryPolicies & ImpactsPoliticsRepublicansScienceUSUS News
0 Comment

A new proposal by the Environmental Protection Agency (EPA) would boost emissions standards for coal-fired power plants, heartening public health advocates and raising questions from the energy industry about cost and feasibility. It comes after a February 2022 EPA ruling that reversed a Trump administration action in 2020 on the Mercury and Air Toxics Standards…

Read More

Debt-Ceiling Impasse Could Increase Cost to Taxpayers, Experts Warn

April 7, 2023
Business & Marketseconomic policieseconomyHouse Speaker Kevin McCarthyPoliticsUSUS debt ceilingUS President Joe Biden
0 Comment

The current impasse between President Joe Biden and the GOP-controlled House of Representatives over the debt ceiling could wind up costing taxpayers more in interest payments, even if the country does not go into default, and will certainly increase interest rates if it does, experts warn. “I’m very concerned about the debt ceiling,” House Speaker…

Read More

The Banking Crisis ‘Great Reset’

April 7, 2023
banking crisisBusiness & MarketsBusiness ColumnistsCompanieseconomic policieseconomygovernment controlMarketsTBTFUSUS News
0 Comment

Commentary On Sunday, March 5, 1933, just one day after his inauguration, newly elected U.S. President Franklin Delano Roosevelt declared a banking “holiday,” closing all U.S. banks for four days. By the time the first banks began to reopen, financial regulators had scoured the banking system to determine which banks would survive and which would…

Read More

New Polls Show Americans Will Sacrifice to Break From the CCP

April 7, 2023
AMERICABusiness & MarketsCCPCCP (Chinese Communist Party)ChinaChinese Regimeeconomic policieseconomyEpochTVLee SmithLive VideosMark MecklerNational SecurityOver the TargetPolicies & ImpactsPoliticsUSUS NewsUS-China relationsVideo
0 Comment

For years, U.S. consumers have been unknowingly funding the rise of America’s chief strategic threat. Now Americans are on alert and eager to fight back—to save their families, communities, and country. What’s needed now is U.S. leadership as determined as Americans are to decouple the land of liberty from the Chinese Communist Party (CCP). In…

Read More