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Keyword: recessionprediction

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  • Biden team thanks Trump for ‘lifting up’ strong economic news

    01/29/2024 6:14:10 PM PST · by ChicagoConservative27 · 32 replies
    The Hill ^ | 01/29/2024 | Alex Gangitano
    President Biden’s reelection campaign thanked former President Trump on Monday for “lifting up” strong news on the economy after Trump claimed credit for the record-high stock market. Ammar Moussa, spokesperson for Biden’s campaign, criticized Trump’s comments from earlier Monday and reminded him that Biden is in the White House, in a statement first shared with The Hill. “Thank you Donald for lifting up today’s strong economic news, but on this planet, Joe Biden is the president, and is the one whose policies are helping achieve historic GDP growth, a stronger than ever stock market, and real job creation after Trump...
  • Wayfair lays off 13% of employees weeks after CEO told workers to log more hours

    01/19/2024 11:21:16 PM PST · by DallasBiff · 20 replies
    NY Post ^ | 1/19/24 | Ariel Zilber
    Struggling online retailer Wayfair on Friday said it will slash around 1,650 employees — or 13% of its global workforce of roughly 14,000 — just weeks after its billionaire CEO caused a stir by saying workers should log longer hours. Niraj Shah, the boss of the Boston-based furniture-selling e-commerce site, said the company needed to cut costs — its third round of layoffs since summer of 2022 –after going “overboard” on hiring during the pandemic.
  • Boston Globe's Christmas Cartoon: Ungrateful White Family Won't Thank Santa Biden

    12/26/2023 3:09:10 AM PST · by governsleastgovernsbest · 65 replies
    NewsBusters ^ | Mark Finkelstein
    Those ungrateful white Americans! Why don't they appreciate all the wonderful things that Joe Biden has bestowed upon them? That was the Boston Globe's message via its cartoonist Ward Sutton on this Christmas Day. As you see, a svelte Santa Biden points to the gifts he's left under the tree for the family: low unemployment, inflation down, recession averted. And Biden says to them: "Look what I brought you folks -- this oughta make things merry and bright!" Get the rest of the story and view the video here.