Republican presidential candidate Vivek Ramaswamy told Sirius XM’s Breitbart News Saturday host Matt Boyle that pro-economic growth policies are the best way to offset the $31.3 trillion national debt.
Still think the stance of monetary policy is restrictive?
But inflation ran hotter.
The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession.
Consumer spending was stronger than reported and prices higher.
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers reacted to the third quarter GDP
On Thursday’s broadcast of NBC’s “MTP Now,” CNBC Economics Editor Jeff Cox stated that if you took out the unsustainably high rise in exports, the third quarter GDP would have been negative and most economists believe that by “early or
During a portion of an interview with NPR aired on Thursday’s edition of NPR’s “Morning Edition,” Moody’s Analytics Chief Economist Mark Zandi reacted to the third quarter GDP numbers by stating that GDP has “gone effectively nowhere over the past year”
The growth follows two straight quarters of contraction. It probably will not last.
The Chinese government was scheduled to release its third-quarter Gross Domestic Product (GDP) report on Tuesday, but the publication was suddenly delayed indefinitely on Monday, without a formal announcement or explanation.
The stronger dollar hurt exports but imports fell by even more.
The economy is very close to a third straight quarter of contraction.
A prolonged expansion, mostly due to a more resilient consumer and labor market, will mean a more aggressive Fed and a bigger rise in unemployment next year.
On Thursday’s broadcast of the Fox News Channel’s “Your World,” Sen. Mike Rounds (R-SD) stated that President Joe Biden is telling people “don’t look at the inflation rate, don’t look at GDP, don’t look at the energy prices, don’t talk
A poll conducted by the Caixin news service on Monday found China’s economy foundering as the second half of 2022 began, with slower manufacturing activity, higher unemployment, and a depressed real estate market.
More than four in ten Americans have been forced to cut back on everyday habits and items, including the amount of groceries they purchase, as a result of Bidenflation, a recent Suffolk University/USA TODAY survey found.
Oil and natural gas trade groups released an analysis that shows economic benefits to American consumers from domestic use and exports.
The UK’s Green Party has demanded that the two candidate’s vying to become Britain’s next Prime Minister abandon aims for economic growth for the sake of the climate crazy agenda.
On Thursday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Commerce Secretary Gina Raimondo reacted to the second quarter GDP numbers by stating that GDP growth was going to slow, and “we’re feeling, except for inflation, which I know is tough on
The Club for Growth launched an ad on Thursday, commemorating the official start of a recession under President Joe Biden’s watch, Breitbart News can exclusively reveal.
On Wednesday’s broadcast of CNN’s “At This Hour,” White House Council of Economic Advisers member Jared Bernstein stated that there were “quite positive” aspects to first quarter GDP even though growth was negative and there are “some real headwinds from
Better than expected data on inventories and the trade deficit was not enough to push GDPNOW into positive territory.
“The outlook has darkened significantly since April. The world may soon be teetering on the edge of a global recession, only two years after the last one,” the IMF’s chief economist said.
On Monday’s “CNN Newsroom,” White House Council of Economic Advisers member Heather Boushey stated that while the White House is “looking for positive growth” in GDP, the “expectations are” that GDP growth in the second quarter of 2022 will “be
Bank of America now sees a recession as likely and necessary to bring inflation back down to tolerable levels.
Consumers are getting squeezed by high gas prices and forced to cut back on other purchases.
There’s not much chance of it returning to positive territory this month, meaning a second consecutive quarterly economic contraction is likely.
South Korean President Yoon Suk-yeol held a fiscal strategy meeting at a university near Seoul on Thursday. Yoon said it was time to “wake up from the fantasy of fiscal universalism” and realize that unlimited government spending is not the way to nourish a healthy economy.
Consumer spending, manufacturing, and construction have all rolled over as inflation and interest rates drag down the economy.
Prices are rising rapidly but growth is stagnating. Someone should invent a word for that.
Inflation was a much bigger drag on consumer spending than was thought.
Bank of America sees growth falling to near zero in the back half of next year and a 40 percent chance of a recession.
The latest reading raises the odds that we could have a second quarter of economic contraction.
The average wage for British workers is falling at the fastest rate on record, as inflation has wiped out gains in salary and bonuses.
Britain’s economy grew at the slowest pace in a year during the first quarter, raising concerns the country may be headed for a recession.
National Republican Senatorial Committee (NRSC) Chairman Sen. Rick Scott (R-FL) on Thursday said the American people are not buying President Biden’s “lies,” as the commander-in-chief blames everything but himself for the current state of affairs in the country.
A disaster start to Joe Biden’s second year in office.
CNBC’s Rick Santelli on Thursday reacted to the Burea of Economic Analysis reporting that Gross Domestic Product (GDP) decreased 1.4% in the first quarter of 2022 after being expected to grow 1.1%.
Far worse than expected.
A globalist climate change organization in the U.K. published an analyis that calls for rich countries to ditch fossil fuels by 2034.
