Fed Officials Ponder Whether Rates Are High Enough
Newsmax » Economy
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3h ago
Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a key survey showed a jump in consumers' inflation expectations ..read more
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Trump: Biden Will Bring '1929 Number' to Economy
Newsmax » Economy
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3h ago
Former President Donald Trump warned Friday that electing President Joe Biden to a second term in office would result in bringing back Great Depression-era numbers to the United States ..read more
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Fed's Logan: Monetary Policy May Not Be Tight Enough
Newsmax » Economy
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3h ago
Dallas Federal Reserve President Lorie Logan on Friday said it's not clear if monetary policy is tight enough to bring inflation down to the U.S. central bank's 2% goal, and it is too soon to be cutting interest rates ..read more
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Consumer Sentiment Drops to 6-Month Low on Inflation, Unemployment Fears
Newsmax » Economy
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3h ago
U.S. consumer sentiment fell sharply in May to the lowest level in six months as Americans cited stubbornly high inflation and interest rates, as well as fears that unemployment could rise ..read more
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IRS' Plan to Target Wealthy With Audits 'Incredibly Concerning'
Newsmax » Economy
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9h ago
The Internal Revenue Service's plans to aggressively increase audits is "incredibly concerning" to many economists and others who warn of targeting specific economic groups ..read more
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Biden Wants to Raise Taxes on the Rich, Ignores Deficit
Newsmax » Economy
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9h ago
The Biden White House wants voters to know its differences with Republicans over taxes, with a top aide making the case for higher rates on corporations and the ultra-wealthy ..read more
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The Economy Would Thrive With Higher Interest Rates
Newsmax » Economy
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1d ago
For too long, Federal Reserve policymakers have focused on when interest rates could be lowered to avoid a recession. Instead, long-term growth and stock values would be better supported by letting markets take rates higher ..read more
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COVID Deaths Tripled After Trump Left Office
Newsmax » Economy
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1d ago
The COVID-19 pandemic, caused by the novel coronavirus SARS-CoV-2, has had a profound impact on the United States ..read more
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Rasmussen Poll: 52% Say Shoplifting a Serious Problem
Newsmax » Economy
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3d ago
More than half of Americans say shoplifting and retail theft is a serious problem in their community, including 21% who say it is a very serious problem, according to the latest Rasmussen Reports national telephone and online survey ..read more
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Inflation Is Slamming Teachers, Women, Union Workers
Newsmax » Economy
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3d ago
Government intervention in the economy takes many forms, from subsidizing businesses, to competing with small business, to facilitating immigration, and even raising interest rates and taxes ..read more
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