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Tag Archives: inflation

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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USDA expects food prices to increase by 5 percent this year

food prices

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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Federal Reserve warns housing bubble is “Unhinged”

housing

The country’s housing bubble may be about to burst, leaving millions of homeowners with mortgages that far exceed the value of their property. That’s according to new data from the Census Department ...

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Churches in Jefferson City and elsewhere giving away free gas to help those in need

free gas

Churches across the nation are helping those less fortunate by providing free gas as prices soar. The Missouri Western Second Ecclesiastical Jurisdiction Evangelism Department of the Church of God in Christ raised ...

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Partisan message expected during state of the union address

state union

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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Josh Hawley introduces bill to reopen U.S. energy “full throttle”

hawley energy

U.S. energy production would kick into high gear in a new plan by Senator Josh Hawley (R-Mo.). The popular Missouri senator on Monday, Feb. 28, vowed to introduce legislation that will reopen energy production in the ...

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Russian tank runs over car in shocking video

tank car

A viral video shows a Russian tank running over a Ukrainian car. The elderly man driving the car somehow survived after being targeted by the tank. The terrifying footage, shot from nearby ...

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Poll: 61% of small businesses say they raised prices

inflation small prices food

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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St. Louis among cities with highest inflation

merger st. louis inflation

St. Louis now has the distinction of some of the highest inflation in the nation. The Gateway to the West city, which counts over two and a quarter million residents encompassing two ...

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Rasmussen reviews key polls from January

polls

In January surveys and polls, this is what America told Rasmussen Reports: – Barely a third of Americans believe Martin Luther King Jr.’s dreams of equal opportunity in the country are a reality. – Voters ...

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Prices of new vehicles hit record high: Kelley Blue Book

new cars

Inflation is now the highest it has been in 40 years and the price of new vehicles is leading the way. The transaction price for a new vehicle has increased more than ...

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Trouble brewing: Economists say coffee prices to double in 2022

coffee

Coffee is as much a part of many church services as preaching and singing, not to mentions business meetings and your home morning ritual. However, prices are expected to continue to climb ...

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Lawmakers blast Biden for bragging about economic record

President Joe Biden has insisted on social media that his economic track record is the strongest of any president in the past half-century. “We’re ending 2021 with what one analyst described as ...

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Economic crisis of 2021 forces economists to lower expectations for 2022

economists 2022

The pandemic, mandates, record inflation, runaway government spending and supply chain problems have created a shaky U.S. economy. As a result, financial institutions and leading economists have lowered their 2022 economic outlooks. ...

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Sticking to a budget is critical during Christmas season, Dave Ramsey’s daughter says

christmas budget

After cutting back on Christmas spending a year ago, many consumers plan to buy more presents this year. Rachel Cruze, the daughter of Dave Ramsey, encourages them to enjoy the season but ...

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Democrats ridiculed for bragging about 2-cent savings on gallon of gas

gas ida democrats gas

Democrats in Congress are being mocked for celebrating the news that gas prices have dropped by 2 cents per gallon. The Democratic Congressional Campaign Committee tweeted out a graph that featured half-cent ...

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Inflation drives up prices for Cyber Monday shoppers this year

Cyber Monday

The prices on Cyber Monday this year may not be as low as in the past, “The Epoch Times” reports. Online prices rose 1.9 percent in October from a year earlier and ...

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Consumers expect continued inflation, according to Federal Reserve survey

inflation federal

Americans expect steep inflation to continue, according to the latest Survey of Consumer Expectations recently released by the Federal Reserve Bank of New York. The median expectation is that the inflation rate ...

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Despite ‘temporary’ inflation, home heating bills to soar this winter

temporary

The temporary inflation mentioned by the Biden administration shows no sign of letting up. Americans should expect to pay higher prices to heat their homes this winter, Energy Secretary Jennifer Granholm admitted ...

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U.S. dollar losing 1 percent in value every 30 days

percent value

Your money is losing close to 1 percent of its value every 30 days. That startling revelation was made by the U.S. Bureau of Labor Statistics data which released the latest inflation ...

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Energy Secretary Granholm criticized for laughing at energy crisis

granholm energy

Although rising gasoline and heating oil prices are no laughing matter for most Americans, Energy Secretary Jennifer Granholm recently laughed when asked about them. Thomas Keene, a host on BloombergTV, asked the ...

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Thanksgiving to be “most expensive meal in the history of the holiday”

thankfulness meal thanksgiving cost

Last summer, the Biden administration bragged about saving consumers a few cents on their July 4 celebrations. The news for Thanksgiving dinner will not be as good. According to a report published ...

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Grocers say get ready for more shortages

shortages

Skyrocketing prices and shortages for most grocery and household products will increase in the coming weeks, according to supermarket officials. From Kansas to Pennsylvania and Florida to Alaska, consumers are in for ...

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Dollar Tree not exactly a dollar in response to inflation crisis

dollar tree

Dollar Tree is the latest retailer to change its business practices in response to what’s becoming known as the “Biden Inflation Crisis”. The popular store, which until now only sold $1 items, ...

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President Biden’s approval rating continues to plunge in polls

biden resign

Fewer than four in 10 Americans approve of the job President Joe Biden is doing according to the latest polls. A new Economist/YouGov poll found that Biden’s approval ratings “on his handling ...

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