‘They’re Going To Get Worse’: Leading Economist Predicts Turmoil Ahead As Trump Inherits Biden’s Economy
As President-elect Donald Trump prepares to take office, leading economist Peter Schiff warned on Newsmax on Tuesday of the looming economic challenges he will inherit. In the middle exterior Schiff said on “Newsmax New Year's Eve with Sean Kriseman” that issues within the U.S. economy were largely ignored by investors, which contributed to Trump's election […]
Trump picks economist Faulkender for No. 2 position at Treasury
President-elect Trump announced Wednesday that he will nominate economist Michael Faulkender to be deputy secretary of the Treasury, the second-highest position at the Treasury Department. If confirmed, Faulkender will report to Scott Bessent, President Trump's nominee for Treasury secretary. During Trump's first term, Faulkender at the Treasury Department implemented the Paycheck Protection Program (PPP), which […]
Source Of Reason When It Comes To Why Democrats Lost Comes From Unlikeliest Of People: British Economist
The reason the Democratic Party lost so badly in the 2024 election is because it is so disconnected from ordinary Americans, who crave something different from their own politicians. So claim The New York Times op-ed published on Sunday was written by Daniel Chandler, a British economist at the London School of Economics, who perhaps […]
Harris touts growing up in middle class while pushing mandate most ‘won’t be able to afford’: economist
Vice President Harris has frequently said she would build a “strong middle class” if elected, even as the Biden administration pushes for electric vehicle mandates, but one economist says this is unlikely to be the case. said it was inconsistent with the views of middle-class Americans. “I believe we need to grow the middle class […]
Economist warns of 'bad news for consumers' amid looming port strike
Economist Stephen Moore discusses whether the looming port strike is inflationary and Trump vowing to cut energy prices in half. source
MIT economist says AI can only handle 5% of jobs, fears stock crash
The much-touted AI takeover of the U.S. job market is likely overblown and will hurt the bottom lines of overzealous companies that have invested billions in the technology, according to a prominent expert. It is said that there is a possibility. Economist and Massachusetts Institute of Technology professor Daron Acemoglu calculates that within the next […]
Top Chinese Economist Disappears After Criticizing Dictator Xi Jinping
Chinese economist Zhu Hengpeng, deputy director of the Institute of Economics at the Chinese Academy of Social Sciences, recently disappeared after criticizing dictator Xi Jinping's economic policies in a private online chat group. According to a source familiar with the case, Zhu, 54, was detained after posting “comments about China's economic decline and implicit criticism […]
Fmr Reagan Economist Blasts Unemployment Spike As ‘Bad Policies’ Result, Argues Trump’s Econ Plan Could Revive Growth
Former Reagan administration economist Art Laffer said on Fox Business on Monday that rising unemployment is the result of “bad policy” and touted the potential for former President Donald Trump's economic plan to restore economic growth. After announcing a 50-point cut in the federal funds rate last week, Federal Reserve Chairman Jerome Powell said one […]
Economist Testifies Internet Giant Charges Up to 27% More for Ads than a ‘Competitive Market’
As Google's second antitrust trial of the year continues, a Boston University economist testified that Google's monopoly on the advertising market allows it to charge advertisers 19 to 27 percent more than would be allowed in a “competitive market.” Marketing Brew Reports The ongoing antitrust trial against Google has highlighted the tech giant's dominant position […]
Time To Dump Bitcoin? Economist Predicts Massive ‘Sell The News’ Event | Bitcoinist.com – Bitcoinist
Market Participants Can't wait At the next Federal Open Market Committee (FOMC) meeting, Playing an important role The possibility of an interest rate cut has been in the spotlight in shaping the short-term outlook for Bitcoin and other digital assets, with many traders and investors speculating about it for some time. The exact size of […]