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Tag Archives: inflation

Prices of new vehicles hit record high: Kelley Blue Book

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

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

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

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

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

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

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 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

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

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

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

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

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 restaurants drive-thru

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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