Economy Archives - Finance News

We may have a fighting chance against a recession according to a top economist

November 25, 2022Economy

We may have a fighting chance against a recession according to a top economistPeople out in the Fashion District shopping for Black Friday deals on Friday, Nov. 26, 2021. To…

U.S. inflation eased to 7.7% in October raising hopes that high prices have begun to ease

November 10, 2022Economy, Inflation

U.S. inflation eased to 7.7% in October raising hopes that high prices have begun to ease Consumer price increases eased to 7.7% in October, a sign that the persistent inflation…

Hacker demands $10m to stop leaking Australians’ medical records

November 10, 2022Economy

Hacker demands $10m to stop leaking Australians’ medical recordsCyber-extortionist posts medical information purporting to show details of abortions and treatments for addiction, HIV .A cyber-extortionist has demanded almost $10 million…

Breitbart Business Digest: The Economic Consequences of the Midterm Elections

November 10, 2022Economy

Breitbart Business Digest: The Economic Consequences of the Midterm ElectionsThe midterm elections were never going to be a game-changer for the U.S. economy. What’s surprising, however, is how the economy…

The economy was a big concern for voters. Thursday’s inflation report likely won’t help

November 9, 2022Economy, Inflation, Markets

The economy was a big concern for voters. Thursday's inflation report likely won't helpThe economy was top of mind for voters in the midterm elections, exit polls showed, adding even…

This oil refiner is cutting 1100 jobs — and giving billions of dollars to its shareholders

November 9, 2022Economy

This oil refiner is cutting 1100 jobs — and giving billions of dollars to its shareholders Phillips 66 is cutting at least 1,100 jobs by the end of this year…

Credit card rates hit a record high as Fed fights inflation

November 9, 2022Economy, Inflation

Credit card rates hit a record high as Fed fights inflationThe Federal Reserve’s war on inflation has driven up credit card rates to the highest level on record going back…

Inflation may have dipped last month but that won’t stop rate hikes

November 9, 2022Economy, Inflation

Inflation may have dipped last month but that won't stop rate hikes• Annual consumer price inflation is expected to dip to 8% in October, from 8.2% in September. • So-called…

Breitbart Business Digest: Consumer Sentiment Points to Big Republican Victories in Midterms

November 9, 2022Economy

Breitbart Business Digest: Consumer Sentiment Points to Big Republican Victories in MidtermsThe prospects for Democrats to hold their majorities in Congress are exceedingly slim.In ordinary times, midterm elections tend to…

Puma chief Bjorn Gulden named new Adidas CEO

November 8, 2022Business Leaders, Economy

Puma chief Bjorn Gulden named new Adidas CEOThe 57-year-old Norwegian had served as senior vice president of apparel and accessories at Adidas in the 1990s before joining Puma . Adidas…