Economy

Leave it to the propagandists at The New York Times to try to sprinkle some sugar over an anemic GDP report.

As a result of taking two weeks off in the middle of the month, NBC Late Night host Seth Meyers missed Rep. Katie Porter’s initial book tour/Senate campaign announcement. To remedy this, Porter stopped by for Tuesday’s show where the duo piled on Tucker Carlson, hyped Biden 2024, and lamented that the Senate’s “arcane” rules are making life difficult for Democrats.

It’s a wonder whether being on the opposite side of stock market reality is just in the job description for CNBC host Jim Cramer. He haphazardly doubled down on an embattled stock that plunged soon after.

Wednesday’s White House press briefing featured ever-inept Press Secretary Karine Jean-Pierre being super-glued to talking points about Republicans supposedly holding the country hostage over the debt ceiling, so it fell to reporters like Fox’s Peter Doocy to focus her elsewhere. In his turn, he grilled her on China, economy anxiety, and exposing the White House for seemingly having little…

Everywhere one looks these days it appears services and products cost more but deliver less than they once did. That seems especially true when it comes to the federal government. President Biden wants to raise taxes again. Unlikely, given the Republican House majority, but this Tax Day offers us our annual opportunity to explore what we are getting in exchange for what we’re paying Washington…

Two Bloomberg Opinion columnists claimed that American consumers and corporate greed are responsible for Biden’s inflation—because Americans have been “too accepting” of growing prices. In what world do they live?

WASHINGTON -- I have of late been searching vigorously through my morning newspapers for the causes of and the cures for inflation. It seems to me that most people whom I know are well aware of what causes inflation and what might be the cure for it. The cause is too much money chasing too few products. The cure for it is to restrain the growth of the money supply. The source of money is in…

Sen. Joe Manchin (D-WV) blasted  President Joe Biden’s “fiscal betrayal” on the Inflation Reduction Act as he continues to ignore the nation’s ever-growing debt with his outrageous spending policies in a new op-ed. But is it too little too late?

It’s obvious things have gotten bad when President Joe Biden’s talking points are being undercut by one of his most ardent lapdog economists.

A major global outlet funded by leftist billionaire George Soros actually published scathing criticism by two economists blasting the Federal Reserve’s role in creating the pretext for the bank failures that rocked U.S. markets.

Economist Peter Schiff blasted the media aversion to acknowledging that the ongoing banking turmoil is in fact a “financial crisis” that could be worse than 2008.

All big American companies now require DEI training: diversity, equity and inclusion. All big companies! Really. It sounds responsible. But it turns out DEI courses are often useless and sometimes racist. First comes groveling. My new video about DEI shows a conference that begins with a “land acknowledgement.” A Microsoft employee apologizes for taking land from “the Sammamish, the Duwamish,…

We are in a looming financial crisis, even if we don’t want to see it. Silicon Valley Bank (SVB) was, according to Moody’s, worthy of an investment-grade rating as of March 8, 2023. S&P Global Ratings similarly held a high opinion of SVB. Two days later, SVB was shut down; immediately, Moody’s dropped SVB into junk territory. So did S&P Global Ratings. Within days, Signature Bank --…

Amid the litany of weather reports and coverage of a U.S. drone being downed in the Black Sea after colliding with a Russian jet and recent woke banks going under, Wednesday’s CBS Mornings made it interesting when they spent a few minutes fawning over San Francisco moving closer to offering $5 million, guaranteed incomes of $97,000, and homes for the price of $1 to Black residents as…