Carnival stock sinks after cruise line warns of longer voyage to turning profit
Carnival on Friday forecast a loss for the fourth quarter as higher fuel prices and rising costs of everyday essentials ...
Tag: inflation
Ken Griffin says US recession inevitable, but backs Fed hikes
Billionaire hedge fund CEO Ken Griffin thinks that a recession is inevitable and that the Federal Reserve hasn’t been aggressive ...
US jobless claims plunge to five-month low despite Fed rate hikes
The number of Americans filing new claims for unemployment benefits fell to a five-month low last week as the labor ...
Americans increasingly unhappy with Biden’s handling of economy: poll
An increasing number of Americans are unhappy with how President Biden is handling the economy compared to when the president first took ...
Elon Musk says it’s ‘obviously correct’ that Fed is tanking US economy
Billionaire Elon Musk backed a prominent Wharton economist who accused the Federal Reserve and its chairman Jerome Powell of completely ...
US ‘housing recession’ could send prices 20% lower by mid-2023
US home prices are now “clearly falling” and could plummet by as much as 20% by mid-2023 as the Fed ...
Disney World fans rip the $625 price tag at Victoria & Albert’s restaurant
Disney World guests blasted the theme park for jacking up the prices at its most expensive restaurant — where the ...
US housing market in ‘deep recession’ as homebuilder confidence tanks: economist
The US housing market is in the midst of a “deep recession” that could put pressure on the Federal Reserve ...
‘Wouldn’t it be better to just be honest?’
CNBC anchor Joe Kernen took Transportation Secretary Pete Buttigieg to task on Friday for the Biden administration holding a celebration ...
Cardi B rants about ‘unbearable’ inflation: ‘How are people surviving?’
Cardi B is the latest to voice outrage over the decades-high inflation and surging rents that are hammering American households ...
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