This month, inflation hit a new milestone. In February, annual inflation (as measured by the Consumer Price Index) jumped to…
As Americans face some of the highest costs on consumer goods, the price of illicit fentanyl is decreasing on the…
A key inflation indicator increased to its highest level in 38 years while consumer demand remained strong despite soaring prices,…
Former Obama administration economic official Steven Rattner pushed back on President Joe Biden’s explanation of the causes of the inflation…
Consumer spending surged in January amid soaring inflation, the Commerce Department announced Wednesday. Retail sales grew 3.8% in January, far…
The Producer Price Index (PPI), which measures the prices suppliers charge businesses and other customers, surged 1% in January amid…
The key indicator of inflation at the end of 2021 showed consumer prices up 7% with much concern over the…
This is starting to sound like a broken record. Time and again, in my columns for the last 10 months, I’ve…
Democratic West Virginia Sen. Joe Manchin ripped into the Biden Administration on Thursday after a Labor Department report showed a…
Prices for just about everything rose at a faster pace in January than in recent months and increases are higher…
The Bureau of Labor Statistics just released the jobs numbers for January 2022. To the surprise of most economists, 467,000 jobs were…
Amazon.com is not insulated from inflation, the supply chain crisis or the labor shortage in America and today announced that…
A key inflation gauge reached its highest level since 1983, the Commerce Department reported Friday. The core Personal Consumption Expenditures…
The Federal Reserve will keep interest rates near zero, and it will begin its rate hike in mid-March, Federal Reserve…
With the Federal Reserve’s first meeting of 2022 set for Wednesday, talk of surging inflation and how to deal with…