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Tag Archives: inflation

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

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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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Hurricane Ida damage likely to result in higher gas prices for Labor Day weekend

gas ida democrats gas

Anyone planning to travel for Labor Day weekend can expect to pay more for gasoline. On top of Biden administration policies that have caused gas costs to rise, Hurricane Ida has shut ...

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Tyson Foods raising prices on all products as inflation skyrockets

tyson

Tyson Foods says a historic rise in inflation is the reason for an across the board price increase for its products. The company, which is the nation’s largest meat producer, says inflation ...

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A look at the housing supply and what it means for you

housing supply

One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, the current housing supply reveals there are many more potential buyers than there ...

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Haitian turmoil increases hunger for Gospel

Haitian protests and anarchy surrounding the assassination of President Jovenel Moïse has escalated the risk of starvation. It is also increasing hunger for the Gospel, according to Christian workers in the country. ...

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Biden administration mocked for bragging about saving 16 cents on July 4th food

16 cents

Americans can thank the Biden administration this year for saving 16 cents on the cost of food for their Fourth of July celebrations. “Planning a cookout this year? Ketchup on the news,” ...

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Unemployment ticks up even as more jobs added

unemployment states

The nation’s unemployment ticked up in June as the economy struggles with hiring, surging inflation and fear over the cost of the Biden infrastructure plan. The unemployment rate jumped to 5.9 percent from ...

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Inflation in May matches that of the Great Recession

inflation

U.S. inflation is now at its highest level since the Great Recession of 2008. The Labor Department released additional data on Thursday showing that prices for May rose 5 percent from a year ...

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After Facebook ban, Trump launches national tour

trump tour

Just days after Facebook banned Donald Trump for an additional two years, the former president has announced he will commence on a national “history tour.” The event promises a “never-before-heard inside view” ...

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What the proposed $6 trillion Biden budget means for your future

biden budget

History will not remember President Biden for his frugality but it may for his budget. The president has already signed into law a massive multi-trillion-dollar “COVID” stimulus spending package and proposed trillions ...

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Restaurant menu prices rise over food costs

chick-fil-a pandemic

Skyrocketing inflation is hitting restaurant owners hard with both chains and local establishments raising menu prices. Restaurant managers are seeing price increases of up to 300% on some items used in the ...

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Why your grocery bill will continue to get bigger

Americans spent a lot of money on grocery bills over the past year—and it isn’t just because they were eating more meals at home. According to the Bureau of Labor Statistics, food ...

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Consumer confidence at 15-year high

consumer

U.S. consumers are the most confident about the economy at any time since the early 200s. Positive views on wages, purchasing and job outlook by Americans  jumped to a 15-year high in early May ...

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Herman Cain withdraws name for Federal Reserve seat

federal reserve

Businessman and strong Christian Herman Cain has withdrawn from consideration for a seat on the Federal Reserve Board, President Donald Trump said on April 22. Cain is a vocal critic of the ...

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Missouri minimum wage hike meets mixed reviews

minimum

Minimum wage increases were passed by Missouri voters on November 6 by a nearly 25% margin. What does it mean for workers and employers? The provisions of Proposition B will make the current ...

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US consumer confidence rises to 18-year high in September

The Conference Board, a business research organization, said Tuesday that its consumer confidence index climbed to 138.4 in September from 134.7 in August. This month’s reading was the highest since September 2000. ...

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