Voters Pessimistic About Economy, Biden’s Leadership, WSJ Poll Finds

First survey in The Wall Street Journal’s new polling effort shows Republicans in strong position, though Democrats have advantages in some policy areas WASHINGTON—Voters are...
Grocery Store New York City

How to Feed a Family of Four Across Seven Days for $200 (+ Recipes)

With grocery prices at record highs, it’s stressful to go grocery shopping so we’ve put together a guide for a week’s worth of healthy meals

Americans Who Think We’re in a Recession Are Actually Just Confused: White House Adviser

WH economic adviser Jared Bernstein said Americans who think U.S. is in a recession are confused about the source of their economic pain.
Silicon Valley Bank headquarters in Santa Clara, CA

America’s Biggest Banks See Surge in Deposit Withdrawals

America’s 25 biggest banks saw huge $90 billion outflow of deposits, a reversal from where larger financial institutions absorbed deposits from smaller banks.

President Trump: We Must Protect Medicare and Social Security

"But do not cut the benefits our seniors worked for and paid for their entire lives. Dems are looking to destroy Social Security, we're not going to let them do it.
COSTCO

Costco CEO: A Lot of People Are Experiencing a Recession Right Now and ‘Just...

Costco CEO Craig Jelinek warned middle class is OK financially, but people with less discretionary spending having difficulty with economy.
IRS 1040 FORM 2020

IRS Waiving $1.2 Billion in Taxpayer Penalties; Here’s Who Qualifies

IRS will waive penalties levied against taxpayers who failed to file their 2019 and 2020 returns in a timely manner during COVID-19 pandemic.

Experts Divided Over Long-Term Economic Effects of the Inflation Reduction Act

Dems claim Inflation Reduction Act will reduce consumer prices and spur economic growth. Experts say it will worsen inflation and stagnation.

Fed Raises Interest Rates by 0.75 Percentage Point to Combat Inflation

Federal Reserve raised interest rates by another 0.75 percentage point during the July Federal Open Market Committee (FOMC) policy meeting.
Elon Musk

Biden Jabs at Musk’s ‘Super Bad Feeling’ About Economy, Musk Replies With Disarming Tweet

Biden took a jab at Tesla CEO Elon Musk’s “super bad feeling” about the economy comment suggesting Musk was out of touch with reality.

Diesel Market to Stay Tight Into Winter: Chevron Chairman

“Markets are tight right now. Diesel, in particular, as we’ve seen here recently and likely to stay that way through the winter, I think,” Michael Wirth said.
Consumer debt tops 16 trillion dollars

As the Economy Recedes, Credit Cards Explode

Credit card debt soars, as proven by recent troubling data, elevating the already dire risks of this intense inflationary recession. Prices surge for consumers at...