China’s economy growing slower than expected as leaders meet for third plenum | China
China’s economy slowed more than expected in the fourth quarter, raising the possibility that a meeting of senior government officials in Beijing this week will announce efforts to reignite growth. China, the world’s second-largest economy, expanded 4.7% year-on-year in the April-June period. Office for National Statistics The results, released on Monday, were lower than the […]
China’s Economy Is Collapsing. Here’s Why You Should Worry
Estimated Reading Time: 3 minutes Chinese ruler Xi Jinping has staked his rule on making China larger, by annexing neighbors. Taiwan is not his only target. He needs success to assure a precedent-breaking third term as the Communist Party’s general secretary, but the Chinese people, preoccupied by a failing economy, are in no mood for […]
Inflation Falls Below Expectations As Economy Cools
Rising prices continue to weigh on the finances of the average American, with inflation falling slightly in June compared to a year ago, according to the latest data released by the Bureau of Labor Statistics (BLS) on Wednesday. According to the Bureau of Labor Statistics, the Consumer Price Index (CPI), a broad gauge of the […]
UK economy returned to growth in May | Office for National Statistics
The UK economy returned to growth in May after a slowing April, resuming its recovery from last year’s recession. Britain’s gross domestic product (GDP) grew 0.4% month-on-month, after registering zero growth in April when wet weather hit consumer spending, according to figures from the Office for National Statistics (ONS). City economists had expected growth of […]
Biden’s cruel economy – Washington Examiner
Economist Milton Friedman defined inflation as “too much money chasing after too few goods.” He could have just as easily described President Joe Biden’s economic agenda. For almost four years, Biden’s policies have flooded the marketplace with federal stimulus while squeezing the supply of goods and services through higher taxes and regulations. The result has […]
American natural gas is a win for climate, economy, and security
In a win for both American energy and climate policy, a federal court this week blocked the Biden administration’s pause on new permits for liquefied natural gas exports. It’s clear that unleashing cleaner, abundant energy, produced in the United States, will support global emissions reduction efforts while increasing energy security for us and our allies. Reversing President […]
Inflation, Economy, Immigration Most Important Issue for PA Voters
Inflation, the economy and immigration — all former President Donald Trump’s special interests — are the issues most important to voters in the key battleground state of Pennsylvania, a recent Signal poll found. investigation saw When looking at the priorities of Pennsylvania voters, inflation and the economy topped the list, with 26% overall identifying this […]
Wall Street Is Panicking That Trump’s Policies Could Make The Economy Work For Average Americans
Wall Street is panicking that former President Donald Trump’s populist economic policies will hurt growth in a second term, but experts told the Daily Caller News Foundation that it’s average Americans who stand to benefit. Wall Street traders are increasingly betting that Trump will win the presidency following President Joe Biden’s dismal debate performance at […]
June jobs report adds to signs that economy may be cooling
The rise in the unemployment rate in June and a sharp downward revision to job gains for April and May are the latest signs that the economy may be slowing under the Federal Reserve’s high interest rates. Figures released Friday by the Labor Department showed the unemployment rate rose to 4.1% in June from 4% […]
US economy adds 206K jobs in June
New Labor Department data released Friday showed the U.S. economy added 206,000 jobs in June, and the unemployment rate rose slightly to 4.1%. The latest jobs report is broadly in line with expectations that the economy will add 190,000 jobs and keep the unemployment rate at 4%. This follows a shocking report in May that […]