China to Downplay Its Broken Economy at Lawmaking ‘Two Sessions’
China's legislative bodies, the National People's Assembly (NPC), and the advisory consulted National Political Council of China (CPPCC) began their full annual session on Tuesday. The annual “two sessions” began with the establishment of the CPPCC. This is to provide advice to the Communist leaders, although they cannot pass the law. The NPCs will be […]
Billionaire hedge fund manager warns of ‘economic heart attack’ for US economy
The “The Big Money Show” panel discusses the impact of Trump's agenda on American taxpayers. Bridgewater Associates founder Ray Dalio said in a recent podcast that the US could be headed for a future “economic heart attack.” No government action. He told Bloomberg's “Strange Lot” podcast that he wanted to let policymakers know that “there […]
Chinese manufacturing surges despite threat of higher Trump tariffs | Chinese economy
Despite the looming threat of Donald Trump's tariffs this week, China's manufacturing activities expanded at its fastest pace in three months in February. Production at Chinese factories returned to growth last month, thanks to higher new orders and purchase volumes, according to an official survey. Beijing officials Manufacturing Purchase Manager Index The Statistics Bureau reported […]
Trump Inherited a Biden Economy Riddled with Hidden Weaknesses
Biden's stumbling economy was even worse than we thought That's all for the idea that Donald Trump inherited a historically strong economy from Joe Biden. The latest GDP report released Thursday by the Bureau of Economic Analysis confirms that many economists have been quietly warnings. Beneath the surface, the economy is weaker than it looks. […]
US economy grew 2.3% in fourth quarter, Commerce Department says
Former White House Deputy Chief of Staff Karl Loeb responds to Tarshi Gabbard being confirmed as the National Intelligence Director for “Varney & Co.” The US economy grew at a rate of 2.3% in the fourth quarter, growing in line with previous reading and economists' expectations. The Department of Commerce's Economic Analysis Bureau (BEA) announced […]
Sadiq Khan aims to add £100bn to London’s economy by 2035 | London
London Mayor Sadiq Khan has announced an ambitious plan to add more than £100 million to the capital economy within a decade. Announcing what he is calling London's growth plan, Khan said he has allocated hundreds of millions of pounds of delegated funds to return the London economy's annual productivity growth to the level seen […]
Trump’s ‘gold card’ visa plan a boon for American economy, expert says
President Donald Trump's plan to provide “gold card” visas to wealthy immigrants is similar to the policies used in more than three dozen countries, but the US proposal comes with the highest price tag, experts told Fox News Digital. “What you're doing is that you bring in wealthy individuals, obviously job creators, consumers,” Anthony Esposito, […]
Foreign Companies Bail Out of China’s Tottering Economy
Foreign companies have emerged from China's weakened markets, indicating a clear lack of confidence in their ability to stabilize the economy of the communist regime and avoid financial collapse. South China Morning Post (SCMP) On Monday, two big names were pointed out towards the exit over the past two weeks. This week, US law firm […]
Mets owner Steve Cohen ‘negative’ on US economy — cites tariffs, DOGE
Billionaire hedge fund manager and New York Mets owner Steve Cohen has been erratic in the US economy, growing in the second half of the year due to tariff concerns, stricter immigration policies and reduced government spending led by Elon Musk. warned that it was set to be slow. The founders of Point72 Asset Management […]
Apple pledges $500 billion toward US economy, will add 20K jobs as Trump tariffs loom
Apple said Monday it would “expend and invest” $500 billion in the US economy. He said this is a move that will make the Tim Cook-led tech giant appear to dodge the impact of President Trump's tariffs. The Cupertino, California-based company said the plan has grown over the next four years and represents “the largest […]