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 ...
Read More »Economic crisis of 2021 forces economists to lower expectations for 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. ...
Read More »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 ...
Read More »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 ...
Read More »Consumers expect continued inflation, according to Federal Reserve survey
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 ...
Read More »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 ...
Read More »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 ...
Read More »Energy Secretary Granholm criticized for laughing at energy crisis
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 ...
Read More »Thanksgiving to be “most expensive meal in the history of the holiday”
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 ...
Read More »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 ...
Read More »Dollar Tree not exactly a dollar in response to inflation crisis
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, ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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. ...
Read More »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,” ...
Read More »Unemployment ticks up even as more jobs added
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 ...
Read More »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 ...
Read More »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” ...
Read More »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 ...
Read More »Restaurant menu prices rise over food costs
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 ...
Read More »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 ...
Read More »Consumer confidence at 15-year high
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 ...
Read More »Herman Cain withdraws name for Federal Reserve seat
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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