Will Kessler

Fed’s Preferred Inflation Gauge Surges Higher In Yet Another Worrying Sign For US Economy

The Federal Reserve’s preferred inflation gauge measured above expectations in March as the U.S. continues to see a surge in…

3 weeks ago

Top Automaker Takes $1.3 Billion Dollar Bath On Key EV Line

Top American automaker Ford hemorrhaged over a billion dollars on electric vehicles (EV) in the first quarter, leading to massive…

3 weeks ago

Biden Vowed To Protect American Steel — But Another Effort Of His Could Destroy It

President Joe Biden in recent days has taken a harsh stance on foreign steel manufacturers in a bid to strengthen…

4 weeks ago

The Oil And Gas Industry Might Be What’s Keeping Biden’s Economy Humming On Paper Despite ‘Regulatory Assault’

Oil and gas production is stubbornly hanging on as a key source of economic growth amid a “regulatory assault” from…

4 weeks ago

Western Financial Firms Slash Operations In China As Concerns About Country’s Lagging Economy Grow

Western financial firms are cutting their operations in China as the country’s economy fails to show significant signs of improvement,…

4 weeks ago

Apple Cooperates With Chinese Censorship Demands, Removes Popular Messaging Apps From Store

Tech behemoth Apple complied with an order from the Chinese government to remove popular messaging apps from the company’s app…

4 weeks ago

California Is Taking On Huge Debts To Pay Jobless Workers As Its Deficit Gets Bigger

California is billions of dollars in debt to the federal government to pay for its unemployment insurance trust at a…

1 month ago

Electric Vehicle Maker Launches Another Round Of Layoffs As Demand Slows

Electric vehicle (EV) manufacturer Rivian announced its second round of layoffs just this year on Wednesday as consumer demand for…

1 month ago

Home Sales Drop In March As Mortgage Rates Surge Over 7%

Existing home sales shrank in March as consumers respond to continuing price increases and rising mortgage rates. Sales for existing…

1 month ago

California’s High-Speed Rail Isn’t Built, But It Is Putting Money In Unions’ Coffers

Democratic officials are throwing billions at California high-speed rail projects that have yet to be built, funding thousands of jobs…

1 month ago

Tesla Announces Huge Layoffs As Sales Slow

Electric vehicle (EV) maker Tesla sent an internal memo notifying staff that the company would be laying off more than…

1 month ago

Investors Scramble To Adjust Their Portfolios After Inflation Surge |

Many investors are diversifying their portfolios from standard stocks and bonds as March’s inflation surge casts doubt on economy-boosting rate…

1 month ago

There’s One Thorny Issue Stopping Inflation From Going Away

Inflation continues to dog Americans thanks in large part to sky-high housing costs, which aren’t going away any time soon.…

1 month ago

Here’s How Much Biden’s Newest Student Loan Giveaway Would Cost Taxpayers

President Joe Biden’s new student loan forgiveness plan would cost tens of billions to implement on top of hundreds of…

1 month ago

Prices Edge Even Higher As Fed Chair Speculates If Inflation Is Really Under Control

Inflation jumped year-over-year in March amid speculation over whether the rate of inflation is really decelerating, according to the latest Bureau…

1 month ago