recession

‘Housing Market Has Entered A Recession’: Home Sales Plummet In Ominous Sign For Economy

Sales of existing homes fell in September for the eighth month in a row, as historically high mortgage rates pummel…

2 years ago

High Oil Prices Exacerbated By OPEC+ Cuts Could Push Global Market Into Recession, Analysis Warns

High oil prices that will be pushed up further by the Organization of Petroluem Exporting Countries’ (OPEC) and Russia’s significant…

2 years ago

Shockingly Irresponsible Fed Policy Will Cause a Global Recession

The United Nations recently released a report saying that the current monetary policy set by the U.S. Federal Reserve will lead to…

2 years ago

UN warns of global recession due to rising interest rates

The United Nations has just issued a warning about future worldwide economic conditions. They forecast a global recession and a…

2 years ago

‘Far Greater Pain’: Jerome Powell Issues Grim Prediction On Reining In Inflation

The Federal Reserve will not stop interest rate raises designed to combat inflation even if the policy leads to damages…

2 years ago

Revised GDP Numbers Show The Economy Is Definitely Shrinking

The Department Of Commerce revised the estimate of Gross Domestic Product (GDP) Thursday morning, finding similarly to July’s estimate that…

2 years ago

Fashion Retailers Are The Latest To Feel The Squeeze

Nordstrom and Macy’s reported their second-quarter earnings Tuesday, with the two fashion retail giants joining retailers such as Walmart, Best…

2 years ago

Welcome to the full employment recession

The economy has just seen two successive quarters of negative growth in Gross Domestic Product (GDP).  That means we are…

2 years ago

CBO Director Admits The Economy May Already Be In Recession

The economy could already be in a recession, the Congressional Budget Office (CBO) said in a Thursday letter sent to…

2 years ago

Most Americans Think US Is In Recession

A majority of Americans believe that the country is currently in the midst of a recession despite the Biden administration’s…

2 years ago

Even Democrats Used To Know Raising Taxes During A Recession Is Bad. What Changed?

During a recession is precisely not the time to raise taxes — even Democrats used to believe that. In the…

2 years ago

‘Whiplash’: Economists Warn Labor Market Is Next Victim of Inflation

The labor market is beginning to cool, as the number of job openings fell in June and labor force participation…

2 years ago

NYT Economist Says Americans Who Believe We’re In A Recession Have Been Duped By Media

New York Times columnist and economist Paul Krugman said the reason Americans believe the United States is in a recession…

2 years ago

‘That Sound You’re Hearing Is The Goalpost Moving’: Tucker Rips Media For Recession Flip-Flop

Fox News host Tucker Carlson tore into the Biden administration and media outlets Thursday night over their efforts to spin…

2 years ago

Are We In A Recession? It Doesn’t Matter To Americans Who Are Hurting, Economists Say

The Biden administration has disputed that the U.S. is actually in a recession despite two consecutive quarters of negative GDP…

2 years ago