Inflation Expected To Surge For At Least Another Year, A Key Economic Indicator Shows
Inflation grew throughout October, increasing for the twelfth consecutive month in a row, according to a key economic indicator. The median…
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White House Watch
Top Fed Governor Announces Resignation, Giving Biden Another Nomination Opportunity
Federal Reserve governor Randal Quarles announced Monday he would resign from his position in December, giving President Joe Biden another…
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Featured
Bidenomics: Cereal Giant Raises Prices Due To Inflation, Supply Chain Problems And A Labor Strike
Cereal giant Kellogg announced Thursday that it expects to raise prices as inflation, supply chain problems and a recent labor…
Read More » Fed Chair Powell Visits White House As Speculation Grows Around His Job
Federal Reserve Chairman Jerome Powell was seen visiting the White House Thursday, The Wall Street Journal reported. Powell’s term leading…
Read More »US Adds 531,000 Jobs In October, Exceeding Expectations
The U..S. economy recorded an increase of 531,000 jobs in October, and unemployment fell by 0.2% as the labor market…
Read More »Multiple Groups File Lawsuits Against Biden’s ‘Tyrannical’ Vaccine Mandate
Multiple groups filed lawsuits Thursday against the Biden administration, challenging the legality of its vaccine mandate for pri President Joe…
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Money & The Economy
Bidenomics: Trade Deficit Hits New Record as Inflation Grows, Supply Chain Issues Worsen
The U.S. trade deficit hit a record high of $80.9 billion in September as exports fell sharply while imports increased…
Read More » Anything With Wheat In It Will Probably Be More Expensive
Global wheat prices surged in recent months, fueled mainly by droughts and poor harvests, signaling higher food prices in the…
Read More »Jobless Claims Drop To 269,000, A Post COVID-19 Low
The number of Americans who filed for new unemployment claims decreased to 269,000 in the week ending Oct. 30 as…
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Money & The Economy
Bidenomics: Price Of Oreos Is Going Up Because Of Inflation, Manufacturer Says
The company behind popular snacks like Oreos announced Tuesday that it would increase its prices to combat the rising cost…
Read More » Fed Scales Back Bond Purchases As Inflation Rises
The Federal Reserve announced Wednesday that it would begin scaling back its monthly bond purchases in November, marking the first…
Read More »John Deere Workers Reject New Contract, Extend Strike
Workers at Deer & Co. rejected a second contract offer from the company that would increase their pay by 10%,…
Read More »Private Payrolls Added 571,000 Jobs In October As Hiring Heats Up
Private firms’ payrolls increased by 571,000 in October, far exceeding experts’ expectations as hiring throughout the country heats up, according…
Read More »Amazon Backed Electric Car Company Seeking $60 Billion IPO
Electric car startup, Rivian Automotive, is targeting a valuation of around $60 billion in its initial public offering set for…
Read More »American Airlines Cancels More Flights Citing Weather And Labor Shortage
American Airlines canceled 340 flights on Monday after cutting almost 2,000 flights during the weekend due to staffing shortages and…
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