inflation

‘Bidenflation’: Despite Plummeting Energy Costs, Producer Prices Remain High

The Producer Price Index (PPI), which measures the average change in the prices set by producers, fell 0.5%  in July,…

3 days ago

Inflation Rages On As Gas, Food Prices Squeeze Americans

Inflation remains at historic highs, at 8.5% from July 2021 to 2022,  according to a Bureau of Labor Statistics (BLS)…

5 days ago

Biden Adviser Tries Using European Union To Deflect Inflation Blame

President Joe Biden’s top economic adviser tried to deflect blame about inflation by making an example of the United Kingdom…

2 weeks ago

Dems’ Manchin-Approved ‘Inflation Reduction Act’ Will Have No Effect On Inflation, Analysis Finds

Democrats’ new spending bill, the “Inflation Reduction Act of 2022,” will have a statistically insignificant impact on inflation, according to…

2 weeks ago

Dem’s New Machin-Approved Spending Bill Imposes Methane Tax that Consumers will Pay

Senate Democrats agreed Wednesday to the biggest climate spending package in U.S. history, including billions in new taxes on methane…

3 weeks ago

The US Is Now Officially in a Recession

The Bureau of Labor Statistics just released its first estimate for gross domestic product (GDP) growth in the second quarter.…

3 weeks ago

A Slowdown is Coming and its Time For YOU to Quit Spending

The European Central Bank (ECB) announced Wednesday that it will have to issue its first rate hike in 11 years.…

4 weeks ago

‘Laughably Behind The Curve’: The Fed Isn’t Doing Enough To Rein In Inflation, Economists Say

The Federal Reserve is poised to raise the federal funds rate by 0.75% on July 27 in a bid to…

4 weeks ago

After Devastating Inflation Report, Joe Manchin Takes Blowtorch To Dems’ Plans For More Spending

Democratic Sen. Joe Manchin of West Virginia said Congress needs to get serious about reducing its spending plans on Wednesday…

1 month ago

Inflation Is Hitting Producers Even Worse Than Consumers, New Data Shows

Inflation measured by the Producer Price Index (PPI) reached 11.3% year-over-year in June, increasing by 0.4% from May, according to…

1 month ago

It’s Not Just Gas — New Data Shows A Massive Explosion In Energy Prices Across The Board

Energy inflation hit its largest yearly increase in more than 40 years, according to a report from the Bureau of…

1 month ago

‘Out-Of-Date’: Biden Responds To Record High Inflation Numbers

President Joe Biden admitted that the June Consumer Price Index (CPI) was “unacceptably high” but said that the figure was…

1 month ago

4 Breakthrough Secrets to Cut Your Grocery Bill in Half Now

News flash: Food is expensive! Food prices were up 10.8% for the year ended April 2022, the largest 12-month increase…

1 month ago

Democrats Could Make A Recession Even Worse. Here’s How

Economic data has been pointing to a recession for months and alarm bells should be ringing in Washington. As with…

1 month ago

Dems Still Pressuring Manchin to Back Climate Bill That Will Make Inflation Worse

Democratic leaders in Congress are pressuring Democratic West Virginia Sen. Joe Manchin to back a revamped proposal to battle climate…

1 month ago