Stocks Fall on US Economic Data and Europe Angst: Markets Wrap – Yahoo Finance
(Bloomberg) — Stocks ended the week weaker after disappointing U.S. economic data and worries about a deepening political crisis in France led traders to shy away from riskier assets. Most read articles on Bloomberg U.S. stocks pared this week’s gains as high prices continued to hurt personal finances and a measure of consumer confidence unexpectedly […]
Biden's capital gains taxes would boost economic equality: Analysis
An evaluation of the Biden administration’s tax proposal to increase capital gains taxes finds that it could reduce wealth inequality without hurting economic growth. of Studying at American University They examined Biden’s proposed budget, which would raise tax rates on dividends and capital gains from 20% to 39.6%, and concluded that the tax hike would […]
Will the Fed’s “Feelgood” Medicine Cause an Economic Collapse?
Dr. Max Jacobson became known as Dr. Feelgood and “Miracle Max” for treating wealthy celebrities with concoctions, “mixing amphetamines, vitamins, enzymes, tranquilizers, placenta, and anything else that inspired him.” Jacobson’s most famous client was President Kennedy, who became sadly dependent on Jacobson’s “elixirs.” How much speed, narcotics, and other powerful drugs Jacobson injected into Kennedy […]
Is This Green Iron-fist Fantasy a Major Cause of Inflation and Economic Destruction?
Is rich people’s greentopian fantasy causing middle-class misery? The answer is yes, according to analysts such as Marlo Oaks, Utah state treasurer, and longtime investment manager. In fact, Oaks says he knows a major reason why increasing fuel prices, which drive up costs across the board, are so high: Supply is being choked off by […]
Don’t Fall For Joe Biden’s Economic Fairy Tale
The president’s biggest whopper? ‘I’m a capitalist.’ Like Nero bragging about rebuilding Circus Maximus after burning it down, Joe Biden took to the podium tonight to take credit for solving a slew of problems he helped create. At the top of his State of the Union address, the president boasted that he had “created more […]
Economic growth can unify voters: Vivek Ramaswamy
Former 2024 presidential candidate Vivek Ramaswamy joined “Kudlow” to discuss the return of Trump-era economic policies amid a cost-of-living crisis under President Biden. Vivek Ramaswami, a former 2024 presidential candidate and current Trump supporter, said Americans facing economic hardship can find common ground between the two parties. “Prices have gone up. Interest rates have gone […]
NY turns to psychiatrists to stop subway fare beaters after massive economic loss
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President Joe Biden steps up battles with big business as economic approval sags
With prices 20% higher than they were just a few years ago and confidence in the president’s management of the economy waning, the Biden administration and Democratic lawmakers are focusing all their energy on antitrust law ahead of the election. Democrats are trying hard to shift voters’ frustration with the economy onto the private sector, […]
US Economic Growth Plunges in First Quarter 2024
The release of 1st quarter 2024 Gross Domestic Product (GDP) on April 25th surprised virtually all forecasters. The first three months of 2024 were characterized by a notable deceleration in US economic growth, marking an almost two-year low. The same data release revealed that inflation, as measured by US GDP Personal Consumption Core Price Index […]
Democrats disagree over how to message Biden out of economic polling hole
Democrats are not entirely on the same page regarding President Joe Biden‘s economic talking points, with the economy poised to be the No. voter 1 issue of the 2024 election. Democrats disagree over how much Biden should criticize businesses for their contributions to increased consumer prices so he does not portray himself as anti-business and […]