Kamala Harris’ green-energy policies would destroy Pennsylvania’s economy — and hurt every American
Since the first oil well was drilled in America Titusville Since 1859, Pennsylvania has been a pioneer in the development of energy production in our nation. Today, the industry provides nearly 500,000 jobs to the Keystone State and contributes more than $75 billion to the state’s economy. With Vice President Kamala Harris now the presumptive […]
70% Say Kamala Harris’s Economy Is Getting Worse
According to a Gallup poll, 70% of adults say the economy is getting worse under President Joe Biden and Vice President Kamala Harris. Gallup surveyed 1,010 adults between July 1 and 21, 2024, and found that only 24% believe the economy is improving. In February, just 61% of people said the economy was getting worse, […]
Thailand to Give Millions of Citizens $275 Each Due to Struggling Economy
Thailand is preparing to hand out digital cash to around 50 million citizens in an effort to jump-start its sagging economy. Only eligible businesses and individuals can enroll in the controversial program, reports the Associated Press. report July 15th. “In April, the government unveiled an ambitious, widely criticised plan called ‘Digital Wallet’ to give 50 […]
U.S Economy Accelerates By More Than Expected, Yet Inflation Remains Stubborn
The U.S. economy grew at an annualized rate of 2.8 percent in the second quarter, well above the 2 percent forecast by Wall Street analysts. The stronger-than-expected growth indicates the economy is continuing to expand despite high interest rates, raising questions about the need for the Federal Reserve to cut interest rates in the near […]
US economy grew at 2.8 percent rate in second quarter, blowing past expectations
The U.S. economy grew at an annualized rate of 2.8% in the second quarter of 2024, according to new data released Thursday by the Commerce Department. Economists had expected gross domestic product (GDP) to grow 1.9% in the three months from April to June, close to the 1.4% growth in the first quarter of this […]
US economy grew at a 2.8% pace in the second quarter, more than expected
Claudia Thurm, chief economist at New Century Advisors, and Michael Kantrowitz, chief investment strategist at Piper Sandler, join “Making Money” to discuss whether the economy is on the brink of a recession. of U.S. Economy It grew at a faster pace than expected in early 2024 as consumers continued to loosen their purse strings despite […]
It Apparently Wasn’t the Economy, Stupid!
Estimated Reading Time: 6 minutes Democracy is the theory that the common people know what they want, and deserve to get it good and hard. H. L. Mencken The recent results of the mid-term elections have a number of pundits puzzled, including ourselves. It was felt that the economy would be dominant. Inflation is at the […]
Undocumented immigrants will boost economy, lower deficit, CBO says
According to a study by the Congressional Budget Office (CBO), the increase in the U.S. illegal immigrant population is expected to reduce the budget deficit by nearly $1 trillion over the next decade. CBO ForecastThese are based on the net amount of economic activity generated, taxes paid, and benefits allocated by the immigrant groups included […]
Dems’ $3.5 Trillion Spending Bill ‘Existential Threat’ to Economy
Estimated Reading Time: 3 minutes One of the nation’s leading economic and business groups is warning that the $3.5 trillion spending bill before Congress is an “existential threat” to the nation’s economy. The U.S. Chamber of Commerce has launched a six-figure television ad campaign targeting the proposed tax hikes in the measure that would be […]
IMF lowers outlook for US economy while warning of slower disinflation
The International Monetary Fund on Tuesday lowered its forecast for the U.S. economy in 2024 by 0.1 percentage point, putting annual growth at 2.6 percent. The firm maintained its forecast for global economic growth this year at 3.2% and raised its forecast for 2025 to 3.3% from 3.2% predicted in April. The international financial institution […]