Money & The Economy

‘Americans Are Hurting’: 19 States Urge Congress To Reject Policies That Would Cause Higher Energy Prices

A 19-state coalition urged Congress to reject a proposed methane fee that would punish producers as energy prices continue to…

3 years ago

Federal Reserve Finally Begins Taking Small Steps To Fight Surging Inflation

The Federal Reserve said in September that it would begin taking steps to combat growing inflation in the U.S. economy,…

3 years ago

Wholesale Inflation Increases To Record High As Supply Chain Disruptions Continue

The Producer Price Index, which measures inflation at the wholesale level, rose 8.6% in the 12 months before September, marking…

3 years ago

Social Security Payments To See Largest Increase In 40 Years

Americans who receive Social Security benefits will see the largest increase in their payments in 40 years, according to the…

3 years ago

September CPI Points to a Potential Wage-Price Spiral

The Bureau of Labor Statistics just released the Consumer Price Index (CPI) for the month of September. Even though it…

3 years ago

Inflation Rises Again As COVID Recovery Slows And Supply Chains Remain In Chaos

The Consumer Price Index increased 0.4% in September, bringing the key inflation indicator’s year-over-year increase to 5.4%, the U.S. Bureau…

3 years ago

‘Nobody Wants to Work’: Record 4.3 Million People Quit Their Jobs In August As Workers See Opportunity In Chaotic Labor Market

A record 4.3 million Americans quit their job in August as retail, bar, and restaurant industries saw the largest surge…

3 years ago

IMF Expects Less Economic Growth From US Amid Supply Chain Chaos

The International Monetary Fund cut its global growth forecast for 2021 on Tuesday, citing supply chain disruptions and pandemic-related health…

3 years ago

Food Prices Increasing As Companies Face Supply And Labor Shortages

Food prices have surged as companies battle increasing costs, labor shortages and supply chain problems, The Wall Street Journal reported.…

3 years ago

BIDENOMICS: US Economy Added 194,000 Jobs In September, Badly Missing Expectations

The U.S. economy reported an increase of 194,000 jobs in September, and the unemployment rate fell to 4.8%, according to…

3 years ago