Biden: ‘Nothing guaranteed’ about US way of life, democracy
President Joe Biden has claimed despite problems facing the country, he’s optimistic about its future. However, he said nothing is guaranteed about democracy or the American way of life.
ECONOMY
One-on-one with Debbie Bloyd of Money Strategies
The leading measure of US home prices, the S&P Corelogic Case-Shiller Index, came out with its new report. It shows home price increases slowed down in April for the first time in a while. Debbie Bloyd of Money Strategies joined Alicia Summers to explain what the latest data means to you.
Federal Reserve Chairman Powell admits US faces higher recession risk
Federal Reserve Chairman Jerome Powell sent an alarming message about the state of the US economy on President Joe Biden’s watch. He admitted there’s no guarantee for so-called “soft landing” and a recession is possible.
Dr. John Lott calls Supreme Court ruling in N.Y. gun case a clear victory for 2A rights
Dr. John Lott heralds the Supreme Court’s ruling in New York’s concealed carry case as a big win for people to be able to protect themselves and their families. One America’s John Hines has more from Washington.
More than 1M voters leave Democrat Party for GOP as Biden’s approval numbers continue to sink
While midterms are around the corner, President Joe Biden’s latest approval ratings reveal how unpopular he is among Americans. In a new CBS poll, Biden received a 66 percent disapproval rating over his handling of the economy while 71 percent of respondents said they disapprove of Biden’s handling of inflation.
Bank for International Settlements: Stagflation may end era of western prosperity
The Central Bank of all Central Banks warned high inflation may end the era of economic prosperity in western countries. According to the Bank for International Settlements (BIS) that oversees Central Banks, the only way to prevent an inflationary shock is to sharply increase interest rates.
Biden admin. claims ‘no recession’ coming, despite experts saying it’s inevitable
The US economy is already seeing inflation at a 40-year high and many financial experts say a recession is inevitable. One America’s Stella Escobedo discussed the topic with Derrick Evens.
Treasury Secy. Yellen says Fed is responsible for addressing inflation
US Secretary of Treasury Janet Yellen recently appeared to shift the responsibility of dealing with inflation away from the White House. While speaking to reporters on Monday, she claimed the Federal Reserve is responsible for dealing with the American economy.
Senate GOP: Biden & Dems are useless amid deepening crises
The National Republican Senatorial Committee released a new ad in which it states President Joe Biden and Senate Democrats are useless in the face of several crises facing America.