Inflation
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Former President Donald Trump said on July 4 that the decades-high inflation that has battered American households would have never happened on his watch. In a ...
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America’s small businesses have been plagued by the sting of persistently high inflation, with experts predicting little relief from high prices in the near term in ...
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A major American energy lobby has taken aim at a presidential Twitter post that called on gas stations to cut prices at the pump, with the ...
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Amazon founder and multi-billionaire Jeff Bezos criticized the Biden administration’s messaging around gas prices and rising inflation. On Saturday, President Joe Biden suggested on Twitter that ...
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More than a third of small businesses can’t pay rent, newly released data shows. The small business network Alignable released new survey results that found that ...
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Inflation in the 19 European nations that share the euro currency surged to a record high in June, official data shows, as pressure builds on monetary ...
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As part of next year’s budget, California lawmakers have approved a $17 billion plan aimed at providing inflation relief. It involves handing people up to $1,050 ...
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President Joe Biden on Thursday said that American motorists should expect to pay elevated prices for gasoline until the Russia–Ukraine war is over. In a press ...
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A key inflation gauge heavily relied on by the Federal Reserve when setting interest rates inched down in May but remained elevated near multi-decade highs at ...
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Federal Reserve Chair Jerome Powell said he thinks it’s rather “likely” that the forces of de-globalization will mount, leading to a more fractionalized new normal characterized ...
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Return of Pre-World War I Chaos, Recession, and Rebuilding of International Order This year, the world supply chain disruptions caused by the Russia-Ukraine war and China’s ...
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Inflation is everywhere, so where do you look to preserve the value of your money? Many are investing in collectibles that are known to go up ...
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Former President Donald Trump criticized his successor’s energy policies, predicted rolling blackout and brownouts this summer, and warned of the potential for another world war in ...
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An economist is warning Americans to brace for the economy to become even more precarious. He says the next stage of inflation is coming.
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Fed Says Banks Can Handle ‘Severe’ Recession With 10 Percent Unemployment, 55 Percent Stock MeltdownAmerica’s banks are resilient enough to withstand even a “severe” recession with unemployment soaring to 10 percent, the real estate market melting 40 percent, and stocks ...
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NTD spoke with an experienced financial and economic analyst about how effective monetary policy is on inflation.
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The Federal Reserve underestimated rampant price inflation as the U.S. economy reopened, Chair Jerome Powell told lawmakers on the House Financial Services Committee on Thursday. Rep. ...
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Chairwoman of the House Committee on Financial Services Maxine Waters (D-Calif.) and Ranking Member Patrick McHenry (R-N.C.) will host a hybrid hearing entitled “Monetary Policy and ...
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Where’s a good place to park your money, as the money we’ve saved so far is losing its value? Experts are recommending “I” bonds—government bonds that are ...
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President Joe Biden officially backs a gas tax holiday. What does he say it will do, and what’s its fate going forward amid skepticism from even ...
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Official figures show inflation in May remains at its highest level in 40 years, though only by 0.1 percentage point. The rise is mainly driven by ...
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President Joe Biden officially endorsed a suspension of federal and state taxes on gasoline and diesel Wednesday. Speaking at the White House, Biden urged Congress to ...
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Federal Reserve Chair Jerome Powell testified in Congress on Wednesday that the central bank remains determined to keep hiking interest rates high enough to cool red-hot ...
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President Joe Biden delivers remarks on gas prices.
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DOHA—Elon Musk, CEO of Tesla, said a 10 percent cut in salaried staff at the electric car maker will happen over three months, as the world’s ...
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With inflation at a 40-year high, NTD took a closer look at how different industries are doing in this environment. Some of them seem recession-proof, while ...
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In today’s inflationary environment, many Americans are struggling to make ends meet, so they are taking on extra work to keep up with the growing cost ...
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Amid soaring inflation, the Biden administration is considering removing some China tariffs that were imposed during the Trump era. Both the Treasury secretary and the president mentioned ...
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Treasury Secretary Janet Yellen said Sunday that high inflation would persist for the remainder of 2022 and that, while she expects the U.S. economy will cool, ...
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Treasury Secretary Janet Yellen said Sunday that she believes the U.S. economy will slow down but doesn’t believe a “recession is inevitable.” “I expect the economy ...