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high inflation
Small-Business Sentiment Remains Low as Firms Struggle With Inflation
The National Federation of Independent Business’ (NFIB) Small Business Optimism Index increased in July, but remained below its 48-year average, indicating the struggle facing the sector. The July index came ...
August 10, 2022
BY
Naveen Athrappully
Citi Analysts Warn of Red Flag in Stocks, Same Signal That Preceded Major Equities Crashes
Analysts at Citigroup have signaled a significant red flag in the global stock market that has previously foreshadowed ...
August 9, 2022
BY
Naveen Athrappully
Sen. Hawley Says GOP Can Learn From Democrats After Legislative Victory
Sen. Josh Hawley (R-Mo.) has asked his party members to potentially learn from their Democrat opponents about how ...
August 9, 2022
BY
Naveen Athrappully
Democrats Refusing to Ban Middle-Class Tax Hikes in New Spending Bill
Democrats rejected a Republican proposal to ban tax hikes for the middle class while passing its new Inflation ...
August 8, 2022
BY
Naveen Athrappully
Inflation Reduction Act Will Add to Deficit for First Six Years: CBO
A recent report by the Congressional Budget Office (CBO) shows that Senate Democrats’ proposed Inflation Reduction Act will ...
August 4, 2022
BY
Naveen Athrappully
Walmart Selling Refurbished Products to Inflation-Weary Shoppers as Recession Looms
Retail giant Walmart announced a new program created to help customers discover refurbished products at “everyday low prices.” ...
August 1, 2022
BY
Naveen Athrappully
Inflation ‘Episodic’ and Fossil Fuels Are Never Going Away: Billionaire Investor
Charlie Munger, the vice chairman of Warren Buffet’s Berkshire Hathaway, is not particularly worried about inflation, and believes ...
July 20, 2022
BY
Naveen Athrappully
Former Treasury Secretary Says Fed ‘Lost Its Way’ Focusing on Social Justice Instead of Inflation
Larry Summers, who served as treasury secretary under President Bill Clinton, has said the Federal Reserve failed to ...
July 18, 2022
BY
Naveen Athrappully
Fix for ‘Eyepopping’ Inflation Is Slashing Government Deficit, Budget Watchdog Says
Cutting the U.S. government's budget is the best way to deal with out-of-control inflation, according to Maya MacGuineas, ...
July 18, 2022
BY
Naveen Athrappully
JPMorgan CEO Warns of Looming Risks for Economy
JPMorgan CEO Jamie Dimon has warned about a potential economic slowdown even while noting that the American economy ...
July 15, 2022
BY
Naveen Athrappully
Fed Report Reveals Nationwide Economic Slowdown, Increased Fear of Recession
The Federal Reserve's most recent Beige Book report has raised concerns about inflation and a slowdown of the ...
July 14, 2022
BY
Naveen Athrappully
Red-Hot Inflation Drives Up Prices of Everyday Essentials
Soaring inflation is pushing up prices of food, energy, and other essential commodities, putting more financial strain on ...
July 14, 2022
BY
Naveen Athrappully
Americans’ Inflation Expectations Hit Record High: New York Fed
Americans' short-term inflation expectations have reached a new high, according to the latest data from the June 2022 ...
July 12, 2022
BY
Naveen Athrappully
Gold Prices Hit Lowest Level in Nine Months
Gold prices weakened in Tuesday trade to its lowest level in nine months, while the dollar strengthened ahead ...
July 12, 2022
BY
Naveen Athrappully
US Housing Affordability Index Drops to Worst Measurement in 16 Years
Housing affordability in the United States declined in May, falling to its lowest level in 16 years, according ...
July 11, 2022
BY
Naveen Athrappully
Americans’ Real Wages Decline Due to Rising Inflation
Even though Americans have seen sizable wage growth over the past year, real wages have actually dipped during ...
July 9, 2022
BY
Naveen Athrappully
Job Openings Decline in May but Remain at Elevated Levels
U.S. employers posted fewer jobs in May, signaling a weakening economy despite the fact that job openings continue ...
July 7, 2022
BY
Naveen Athrappully
Turkey Inflation Hits Highest in 24 Years, CPI Increases Almost 80 Percent Annually
Inflation in Turkey has hit multi-decade highs as policies implemented by President Tayyip Erdogan continue to take a ...
July 4, 2022
BY
Naveen Athrappully
Americans Change July 4 Plans Due to Gas Prices: Poll
A significant proportion of American citizens have been forced to change their Fourth of July plans because of ...
July 4, 2022
BY
Naveen Athrappully
Poll Shows More Americans Want Biden to Focus on Inflation Than Russia–Ukraine War
U.S. citizens are more interested in the Biden administration tackling inflation than focusing on helping Ukraine in its ...
July 4, 2022
BY
Naveen Athrappully
Many Americans Facing ‘Severe’ Hardship From Elevated Gas Prices: Gallup Poll
Elevated gasoline prices are squeezing U.S. citizens, making life financially harder and forcing them to cut back on ...
June 29, 2022
BY
Naveen Athrappully
‘Recessions Aren’t All the Same’: Treasury Secretary Yellen
U.S. Treasury Secretary Janet Yellen insisted that not all recessions are alike and that it might be possible ...
June 22, 2022
BY
Naveen Athrappully
Fed Promises ‘Unconditional’ Commitment to Fighting Inflation
The Federal Reserve has promised to fight inflation unconditionally while also warning about a rise in inflation expectations ...
June 19, 2022
BY
Naveen Athrappully
Corporate Junk Bond Spreads Exceed 500 Basis Points For First Time in Over 18 Months
Spreads on U.S. junk-rated corporate bonds have surpassed 500 basis points for the first time since November 2020. ...
June 19, 2022
BY
Naveen Athrappully
Inflation in Europe: Swiss National Bank Raises Interest Rate by 50 Points
The Swiss National Bank (SNB) raised its policy interest rate on June 16 for the first time in ...
June 16, 2022
BY
Naveen Athrappully
Are the Carter-Biden Comparisons Really Fair? Yes and No
Commentary As summer approaches and midterm elections loom, it’s hard to imagine a worse climate for President Joe ...
June 9, 2022
BY
Jonathan Miltimore
NRA ‘Intimidation’ Affecting Gun Policy, Overturning Roe v. Wade Could Result in ‘Mini-Revolution’: Biden
President Joe Biden talked about guns, the Republican party, the economy's performance after he took office, inflation, and ...
June 9, 2022
BY
Naveen Athrappully
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TOP NEWS
Conservative Group Says Wisconsin Voting Van Violates Neutrality Rules
NEW
By
Jackson Elliott
GOP Launches NARA Probe Over FBI Mar-a-Lago Raid
NEW
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Gary Bai
Canada Sent Nipah Virus to Wuhan; Lab Conducts ‘Most Dangerous Research’ on Nipah, Scientist Testifies to US Senate
2hr
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Omid Ghoreishi
, Epoch Times
Texas Restaurant Owner Sues US Labor Dept. Over Compensation Rule
2hr
By
Matthew Vadum
Trump’s Influence Has Energized Outsiders in GOP Primary Races, Strategists Say
2hr
By
Michael Washburn
Democrats’ $700 Billion Inflation Reduction Act Could Hurt US Consumers, Workers
2hr
By
Joseph Lord
Chinese Regime Says Will ‘Normalize’ Taiwan Patrols as Military Drills Conclude
3hr
By
Andrew Thornebrooke
CDC, FDA Shouldn’t Have Cleared and Recommended COVID-19 Vaccines for Young Children: Complaint
3hr
By
Zachary Stieber
Polk School Board Reinstates 16 Books to Library Shelves, Some Parents Believe it May Violate Florida Law
3hr
By
Jannis Falkenstern
Health Officials, LGBT Groups Demand More Monkeypox Vaccines, Testing
3hr
By
Brad Jones