Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate on Wednesday, marking a slowdown from previous rate hikes meant to combat inflation, even as the financial sector contends with the collapse of three medium-sized regional banks.
Published: Friday, May 19th, 2023 @ 12:35 pm
By: Daily Wire
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Economists at the Federal Reserve predicted that a mild recession would hit the United States in the second half of 2023.
Published: Sunday, May 14th, 2023 @ 8:38 pm
By: Daily Wire
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PacWest stock plummeted as investors remain worried about the financial sector, a decline which occurred despite Federal Reserve officials assuring market actors hours earlier that the banking system is “sound and resilient.”
Published: Monday, May 8th, 2023 @ 11:21 am
By: Daily Wire
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Elon Musk predicted a global recession that could last until 2024.
Published: Sunday, November 27th, 2022 @ 11:01 pm
By: Daily Wire
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CNBC anchor Jim Cramer responded to the latest inflation numbers on Wednesday’s broadcast of “Squawk Box” — and he made it clear that President Joe Biden’s economy was not getting better.
Published: Friday, November 11th, 2022 @ 8:39 am
By: Daily Wire
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Real gross domestic product (GDP) is confirmed to have shrunk at an annualized rate of 0.6% in the second quarter of 2022, according to a Thursday report from the Bureau of Economic Analysis.
Published: Wednesday, November 2nd, 2022 @ 8:40 am
By: Daily Wire
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After the Bank of England announced that it expects the economy of Britain to shrink in the third quarter of 2022, news outlets reported that the country is in a recession — although several American media outlets refused to do the same upon similar news in the United States.
Published: Monday, September 26th, 2022 @ 8:17 am
By: Daily Wire
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N.C. State Budget Director Charlie Perusse will retire Nov. 1 after serving in the role for Democratic Governors Mike Easley, Bev Perdue, and now Roy Cooper. Cooper announced on Monday that Perusse’s successor will be Deputy Budget Director Kristin Walker, who has served in her role since 2017.
Published: Saturday, September 24th, 2022 @ 10:08 pm
By: Carolina Journal
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Anyone paying attention knows that corporate media “fact-checks” are biased. Their agenda is to provide cover for progressives and attack conservatives.
Published: Saturday, September 3rd, 2022 @ 1:06 pm
By: John Locke Foundation
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Transportation Secretary Pete Buttigieg faced criticism on Sunday over a remark that he made earlier in the day during a CNN interview where he claimed that the supply chain clog that is currently hitting the U.S. economy is partially due to President Joe Biden.
Published: Saturday, August 13th, 2022 @ 8:21 am
By: Daily Wire
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President Joe Biden dismissed talk of a potential recession Monday, ahead of upcoming GDP numbers that many experts anticipate will point to a recession.
Published: Friday, August 5th, 2022 @ 1:48 pm
By: Daily Wire
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As economic data indicate that the United States is heading for a recession, the White House published a blog post last week that appeared to dismiss the rule-of-thumb recession definition.
Published: Friday, August 5th, 2022 @ 10:41 am
By: Daily Wire
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Treasury Secretary Janet Yellen said Sunday that the U.S. economy is not necessarily headed for a recession even if the gross domestic product experiences two consecutive quarters of decline.
Published: Friday, August 5th, 2022 @ 5:22 am
By: Daily Wire
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As the 2022-23 school year approaches, the United States economy appears to be sliding into a recession.
Published: Wednesday, August 3rd, 2022 @ 11:54 am
By: John Locke Foundation
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The U.S. economy shrank at an annual rate of 0.9% in the second quarter of 2022, according to the advance estimate released by the Bureau of Economic Analysis (BEA) this morning.
Published: Tuesday, August 2nd, 2022 @ 3:12 pm
By: John Locke Foundation
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The GDP (Gross Domestic Product) numbers were released today and it turns out we're in a recession.
Published: Tuesday, August 2nd, 2022 @ 11:40 am
By: Babylon Bee
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The Biden administration is in denial over looming GDP report, scheduled for Thursday
Published: Monday, August 1st, 2022 @ 11:06 pm
By: John Locke Foundation
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A meager 30% of Americans approve of President Joe Biden’s economic performance — a level far lower than the worst reading under his recent predecessors, according to a new poll released Monday.
Published: Saturday, July 30th, 2022 @ 2:31 am
By: Daily Wire
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Left wing Wikipedia functions as Orwellian "Ministry of Truth"
Published: Friday, July 29th, 2022 @ 2:22 pm
By: John Steed
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White House Going Through Stages of Economic Grief, Just Like They Did With Inflation
Published: Wednesday, July 27th, 2022 @ 3:33 am
By: Stan Deatherage
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The stock market saw a brutal series of selloffs last week.
Published: Tuesday, June 28th, 2022 @ 12:38 am
By: Daily Wire
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President Joe Biden was caught on video pushing back at a reporter on Monday who asked about a possible upcoming recession.
Published: Tuesday, June 28th, 2022 @ 12:23 am
By: Daily Wire
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I started pipelining in 2008 during one of the worst economic recessions our country has ever witnessed. I’ve seen disaster after disaster, both natural and policy-related, devastate our oil and gas supply over the past 13 years of my pipelining career.
Published: Sunday, November 7th, 2021 @ 8:55 am
By: Daily Wire
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It’s hard to get away from an object that’s sticky.
Published: Thursday, May 6th, 2021 @ 3:11 am
By: Carolina Journal
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Usually when we see rising wages, the economy is growing.
Published: Thursday, April 22nd, 2021 @ 10:49 am
By: Stan Deatherage
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Cooper’s Budget Proposal Seeks ‘Opportunity in Crisis,’ Pushes for More Spending, Medicaid ExpansionGov. Roy Cooper introduced a $55.9 billion budget proposal on Wednesday, March 24, that includes many of the goals he’s had since taking office.
Published: Saturday, April 3rd, 2021 @ 8:15 pm
By: Carolina Journal
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Press Briefing by Press Secretary Jen Psaki and Council of Economic Advisers Member Jared Bernstein
Published: Tuesday, February 9th, 2021 @ 3:26 pm
By: Stan Deatherage
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The COVID-19 pandemic has forced the United States economy into an economic crisis.
Published: Sunday, January 24th, 2021 @ 4:43 am
By: Stan Deatherage
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As of November, North Carolina’s state government has some $4 billion in unreserved cash in its General Fund, plus well north of $1 billion in its rainy-day account and other reserves.
Published: Wednesday, December 16th, 2020 @ 12:04 am
By: Carolina Journal
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Helen Raleigh writes at National Review Online that the World Health Organization should allow a Chinese neighbor to play a more important role in the COVID-19 discussion.
Published: Monday, November 30th, 2020 @ 11:03 am
By: John Locke Foundation
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As Tears for Fears sang in the 1980s, everybody wants their taxes lower.
Published: Thursday, November 5th, 2020 @ 11:44 pm
By: Carolina Journal
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Angela Rachidi of the American Enterprise Institute offers ideas for Congress to consider in the COVID-19 relief debate.
Published: Friday, July 31st, 2020 @ 10:56 am
By: John Locke Foundation
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