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Tag Archives: economy

Mortgage interest rates surge past 6% with no signs of stopping

The average interest rate on the most popular U.S. home loan rose above 6 percent for the first time since 2008 and is now more than double the level it was one year ago, ...

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Every American taxpayer will pay $2,500 to cover student loan ‘forgiveness’

Every American taxpayer will pay $2,500 to cover the cost of President Joe Biden’s student debt “cancellation” plan. That’s the shocking accounting study conducted by the National Taxpayers Union Foundation (NTUF). Biden’s ...

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More Americans than ever report “suffering,” new Gallup poll finds

americans suffering

More Americans than ever say they are suffering, according to the Gallup’s Life Evaluation Index for July. “Since reaching a record high in June 2021, life ratings among American adults have steadily ...

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Whole Foods founder warns socialists “taking over” America

whole foods

Whole Foods founder and CEO John Mackey is warning that “socialists are taking over” the U.S. Mackey made the statement during a Thursday podcast with Reason Magazine and it mirrors what more and ...

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Sending your kid to school will cost a lot more this year

Although back-to-school shopping is always expensive, parents this year must cope with the highest inflation in four decades. That’s in addition to real wages falling and expected higher taxes. As the cost ...

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Trump: data shows nation risks something worse than recession

Donald Trump is pointing to data that forecasts an economic downturn much worse than a recession. The former president, whose economic policies are credited with some of the best economic numbers in ...

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U.S. in recession after 2nd quarter GDP released

The United States is in recession. The realization came Thursday morning after the Bureau of Economic Analysis reported that GDP fell almost 1% in the second quarter. For the last 10 recessions, ...

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Farm Bureau: July 4th cookout up like a bottle rocket

Your Independence Day weekend will cost a lot more to enjoy this year. The American Farm Bureau Federation says the cost of a cookout is up a whopping 17 percent according to ...

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Learn how to invest in Israel at a free seminar

Returning to Kansas City Tuesday, June 28 is the “Invest in Israel Seminar” Christians can learn how to invest wisely by utilizing the growing market of Israel. By doing so, investors can ...

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Canadians warned of huge housing market correction

Canadians could see housing prices drop by as much as 18% by the end of 2023, according to a new real estate outlook report. The report comes as, like recent U.S. Federal ...

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World facing “food crisis and famine” over Russian invasion

food crisis

The world will soon experience a global food crisis due to Russia’s invasion of Ukraine. The dire warning was issued by Ukraine President Volodymyr Zelensky as he addressed by video graduates of ...

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Woke investment firms present risk to conservative states, Missouri treasurer says

Progressive environmental, social and governance metrics are giving investment funds an excuse to discriminate against states with conservative values. Missouri Treasurer Scott Fitzpatrick expressed concern over ESG funds condemning states with pro-life ...

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Gas up 50% from last Memorial Day

gas memorial

The national average for a gas on Memorial Day is $4.61, up from $3.04 from 2021. That’s more than a 50% increase. Motorists traveling over this holiday weekend are finding themselves digging ...

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What every homeowner should know about a recession

A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, ...

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All 50 states now have historic gas price above $4 a gallon

Kansas was one of several states Monday where the average price of gas rose above $4 bringing the total number of states to 50. Numerous states have prices above $5 a gallon ...

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Here’s who created the baby formula crisis

As many know, the US is confronting a shortage in baby formula that has grown quite serious. What started as complaints on Twitter of “out of stock” messages on Amazon purchases has ...

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White House cancels oil and gas lease sales as prices soar

The day after again blaming rising fuel prices on Vladimir Putin, the Biden administration is canceling major oil and gas lease sales on American territory. The move ended the sales of three ...

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McDonald’s sales surge despite price increases

mcdonald's

McDonald’s is crediting sharp menu price increases in beating first-quarter profits. It also says a new customer loyalty program may have helped. Shares of the Chicago-based company rose nearly 2 percent. The ...

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Missouri Republican legislators want to return $1 billion to taxpayers

Missouri Republican lawmakers have some good news for taxpayers as the filing deadline approaches. Republican legislators have announced a plan to use $1 billion from the state’s historic surplus for tax rebates. ...

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Inflation rises at fastest rate in 40 years, now at 8.5%

New numbers out this week show that inflation is increasing at the fastest rate since January 1982. Economists say the consumer price index — which measures a basket of goods including gasoline, ...

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USDA expects food prices to increase by 5 percent this year

With warm weather on the way, families may want to think about growing some of their own food. Prices are expected to rise by 5 percent this year. That would be the ...

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New Gold: Gas thieves steal 1,000 gallons at Texas convenience store

Gas is the new gold as the theft of 1,000 gallons from a Texas convenience store is proving. The almost unbelievable incident comes as stations across the United States have increasingly reported ...

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Demands that Biden ban Russian oil find rare unity in Washington

The Biden administration continues to refuse calls to ban Russian oil imports. That could soon change. The demands are coming fast and furious and have been a rare point of unity between ...

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Partisan message expected during state of the union address

Ahead of President Joe Biden’s State of the Union address, many observers say they expect a hyper-partisan message. On a call with reporters Monday,  Republican National Committee Chairwoman Ronna McDaniel and former Speaker of ...

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Poll: 61% of small businesses say they raised prices

Sixty-one percent of small businesses say they raised their prices at the start of 2022. The poll was taken by the National Federation of Independent Business. That’s the highest percentage in almost 50 ...

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