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Tag Archives: inflation

When the credit card debt bubble bursts

Inflation still isn’t letting up, and it’s a top concern for Americans right now. But we just learned of yet another way surging prices are hurting families—leading them into huge amounts of credit ...

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$1 now worth just 88 cents while Biden claims inflation has risen “hardly at all”

88 cents

$1 at the start of the Biden administration is now worth just 88 cents. The devastating news for millions of families comes as the Federal Reserve again raises interest rates to stem ...

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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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Sen. Roy Blunt blasts Biden’s college loan bailout as unfair

Missouri Sen. Roy Blunt called the Biden administration’s college loan bailout “monumentally unfair.” Appearing on ABC’s “This Week with George Stephanopoulos” on Sunday, Blunt also slammed the “bad economics” and the impact ...

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IRS will be larger than the Pentagon under Democrat bill passed without any Republicans

The IRS is about to become the largest federal agency after Democrats pass what they call the Inflation Reduction Act. The bill includes adding an additional 87,000 IRS bureaucrats making it larger ...

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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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Back-to-school supplies are tax-free this weekend

Soaring inflation is making it more difficult for families to get their kids ready to go back to school later this month. They will get some much-needed relief this weekend during Missouri’s ...

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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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Rising demand and record inflation drive crisis for food banks nationwide

Rising inflation and increasing demand are squeezing food banks across the nation. “We own a fleet of semis,” says Mike Hoffman, inventory and logistics director at Midwest Food Bank, a Christian charity ...

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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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Exxon responds to Biden letter that threatens “emergency powers”

Exxon Mobil fired back at President Joe Biden who has moved from blaming Vladimir Putin to now blaming U.S. energy producers for soaring gas prices.  The White House is now threatening to use ...

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Thousands of cattle die as heat wave continues across region

cattle heat

Record heat across Missouri and Kansas may contribute to already soaring meat prices. As many as 10,000 cattle already have died in Kansas because of high temperatures. One shocking video posted to ...

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Topeka Metro bus system joins Dump the Pump promotion as gas prices soar

On Thursday, June 16, the Topeka Metro transit system will be participating with numerous other transit providers in the United States for the 16th Annual National Dump the Pump Day. Sponsored by the ...

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Gas prices have now doubled since Biden inaugurated

On Monday gas prices surged again, after marking a milestone for President Joe Biden over the weekend. Gas prices doubled what they were just last year when he was inaugurated. That fact ...

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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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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

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”

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

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

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”

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

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

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

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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