inflation
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Money & The Economy
What Does 7.5% Inflation Mean? The Rule of 72 Can Show You
This month, inflation hit a new milestone. In February, annual inflation (as measured by the Consumer Price Index) jumped to…
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In The News
Fentanyl Street Price Plummets While Country Faces High Prices Under The Biden Administration
As Americans face some of the highest costs on consumer goods, the price of illicit fentanyl is decreasing on the…
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In The News
Another Key Inflation Indicator Surged To Highest Level Since 1983
A key inflation indicator increased to its highest level in 38 years while consumer demand remained strong despite soaring prices,…
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Money & The Economy
Obama Treasury Official Blames Federal Spending For Inflation Crisis
Former Obama administration economic official Steven Rattner pushed back on President Joe Biden’s explanation of the causes of the inflation…
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Money & The Economy
Consumer Spending Surged In January As Inflation Reached Near 40-Year High
Consumer spending surged in January amid soaring inflation, the Commerce Department announced Wednesday. Retail sales grew 3.8% in January, far…
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Money & The Economy
Bidenomics: Wholesale Prices Surged Nearly 10% Over Past Year
The Producer Price Index (PPI), which measures the prices suppliers charge businesses and other customers, surged 1% in January amid…
Read More » 7 Wild Statistics about Super Bowl LVI Spending and Viewership
The key indicator of inflation at the end of 2021 showed consumer prices up 7% with much concern over the…
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Money & The Economy
Yikes! Blame the Biden Administration for 7.5% Inflation
This is starting to sound like a broken record. Time and again, in my columns for the last 10 months, I’ve…
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In Congress
‘Get Serious’: Manchin Says ‘Severe Economic Pain’ Cannot Be ‘Ignored’
Democratic West Virginia Sen. Joe Manchin ripped into the Biden Administration on Thursday after a Labor Department report showed a…
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In The News
Biden Effect: Inflation Accelerates in January, Worse than Analysts Expected
Prices for just about everything rose at a faster pace in January than in recent months and increases are higher…
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Money & The Economy
January Jobs Number Very Positive — But Inflation Will Increase
The Bureau of Labor Statistics just released the jobs numbers for January 2022. To the surprise of most economists, 467,000 jobs were…
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Entertainment, Health and Lifestyle
Inflation Strikes Amazon: Prime Fees to Rise 17% in 2022
Amazon.com is not insulated from inflation, the supply chain crisis or the labor shortage in America and today announced that…
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Money & The Economy
Key Inflation Indicator Soars To Highest Level Since 1983
A key inflation gauge reached its highest level since 1983, the Commerce Department reported Friday. The core Personal Consumption Expenditures…
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Money & The Economy
Federal Reserve Sticks To Rate Hike Schedule, Signals End To Asset Purchase Stimulus
The Federal Reserve will keep interest rates near zero, and it will begin its rate hike in mid-March, Federal Reserve…
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Money & The Economy
Here’s How To Fight Inflation Without Destroying The American Worker
With the Federal Reserve’s first meeting of 2022 set for Wednesday, talk of surging inflation and how to deal with…
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