The Biden administration has reached another milestone related to its energy policy, say experts. U.S. gas prices have now hit a new seven-year high. As of Oct. 27, the national average for a gallon ...
Read More »What do supply and demand tell us about today’s housing market?
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item ...
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 »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 »Expect gas prices 1/3 higher Memorial Day weekend than last year
Drivers can expect to pay a lot more for gas this holiday weekend but are unlikely to face shortages. The average price per gallon remains slightly above $3, ranging from as low ...
Read More »Multi-generational homes are back. Here’s why
The housing market is not keeping up with the supply needed to meet demand, and as a result prices are skyrocketing, in part because of record high lumber prices that have driven ...
Read More »Cable prices going up in 2019
If you are not one of the tens of millions of Americans abandoning cable and satellite, you may be joining them soon. Cable and satellite prices are going up in 2019 in ...
Read More »Americans Fund Most of the World’s Drug Research. Here’s How Trump Can End That
President Trump recently released an ambitious, 44-page plan to drive down prescription drug prices. The blueprint relies, in part, on negotiating and enforcing trade deals to prevent other countries from freeloading off ...
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