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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.
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.
 
Economists at the Federal Reserve predicted that a mild recession would hit the United States in the second half of 2023.
Economists at the Federal Reserve predicted that a mild recession would hit the United States in the second half of 2023.
 
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.”
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.”
 
Elon Musk predicted a global recession that could last until 2024.
Elon Musk predicted a global recession that could last until 2024.
 
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.
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.
 
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.
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.
 
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.
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.
 
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.
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.
 
Anyone paying attention knows that corporate media “fact-checks” are biased. Their agenda is to provide cover for progressives and attack conservatives.
Anyone paying attention knows that corporate media “fact-checks” are biased. Their agenda is to provide cover for progressives and attack conservatives.
 
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.
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.
 
Who among us would believe they could make words mean what they want them to mean?
Who among us would believe they could make words mean what they want them to mean?
 
President Joe Biden dismissed talk of a potential recession Monday, ahead of upcoming GDP numbers that many experts anticipate will point to a recession.
President Joe Biden dismissed talk of a potential recession Monday, ahead of upcoming GDP numbers that many experts anticipate will point to a recession.
 
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.
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.
 
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.
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.
 
As the 2022-23 school year approaches, the United States economy appears to be sliding into a recession.
As the 2022-23 school year approaches, the United States economy appears to be sliding into a recession.
 
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.
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.
 
The GDP (Gross Domestic Product) numbers were released today and it turns out we're in a recession.
The GDP (Gross Domestic Product) numbers were released today and it turns out we're in a recession.
 
The Biden administration is in denial over looming GDP report, scheduled for Thursday
The Biden administration is in denial over looming GDP report, scheduled for Thursday
 
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.
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.
 
Left wing Wikipedia functions as Orwellian "Ministry of Truth"
Left wing Wikipedia functions as Orwellian "Ministry of Truth"
 
White House Going Through Stages of Economic Grief, Just Like They Did With Inflation
White House Going Through Stages of Economic Grief, Just Like They Did With Inflation
 
The stock market saw a brutal series of selloffs last week.
The stock market saw a brutal series of selloffs last week.
 
President Joe Biden was caught on video pushing back at a reporter on Monday who asked about a possible upcoming recession.
President Joe Biden was caught on video pushing back at a reporter on Monday who asked about a possible upcoming recession.
 
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.
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.
 
It’s hard to get away from an object that’s sticky.
 
Usually when we see rising wages, the economy is growing.
 
Gov. 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.
Gov. 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.
 
Press Briefing by Press Secretary Jen Psaki and Council of Economic Advisers Member Jared Bernstein
 
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.
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.
 
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.
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.
 
As Tears for Fears sang in the 1980s, everybody wants their taxes lower.
 
Credential inflation refers to an increase in the education credentials required for a job
 
Angela Rachidi of the American Enterprise Institute offers ideas for Congress to consider in the COVID-19 relief debate.
Angela Rachidi of the American Enterprise Institute offers ideas for Congress to consider in the COVID-19 relief debate.
 
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