National
CBO: Debt to surpass GDP at record level over next decade(The Center Square) – The Congressional Budget Office released its economic outlook for the next decade and projected record high debt levels compared to the nation’s Gross Domestic… Read More
National
Poll: Families cancel vacations, summer camp because of inflation(The Center Square) – A majority of surveyed American families are worried about inflation and are changing their summer vacation plans because of it, according to newly released polling… Read More
National
Gas prices hit record high every day for past two weeks(The Center Square) – Gas prices have soared to new heights this month with the price of unleaded regular gas hitting a record high every day for the past… Read More
National
Small businesses fear rising inflation, consider shutting down in droves(The Center Square) – The small business network Alignable released its small business inflation poll Monday, which found small businesses are very worried about rising inflation and its… Read More
National
U.S. gas prices hit new high, again(The Center Square) – Gas prices hit a new record high yet again Monday, the latest in a series of record-high price points as Americans grapple with soaring inflation… Read More
National
Majority of Americans say they are ‘falling behind’ rising cost of living(The Center Square) – The majority of Americans feel they cannot keep up with the cost of living as inflation and the price of goods continue to rise, according… Read More
National
Gas prices hit new record high in U.S.(The Center Square) – Gasoline prices hit a new high in the U.S. on Monday, with the average cost of a gallon of regular gas at $4.48. That’s… Read More
National
Biden administration cancels new oil leases as gas prices hit record highs(The Center Square) – President Joe Biden canceled three pending oil and gas drilling leases in Alaska and the Gulf of Mexico this week as gas prices hit record… Read More
National
Inflation slowed in April, but prices continued their steady increase(The Center Square) – Inflation continued its steady rise in April, when the Consumer Price Index increased 8.3% over last year, according to data released Wednesday by the U.S. Read More
National
Gasoline prices set record Tuesday as Biden set to release plan on inflation(The Center Square) – Gasoline prices set a record Tuesday ahead of President Joe Biden’s planned announcement to address rising inflation costs. Short of prioritizing and expanding domestic… Read More
National
Feds: Number of job openings hit new high in March(The Center Square) – Job openings in the U.S. continue to rise, now nearly doubling the number of job seekers, according to newly released federal data. The Bureau… Read More
National
72% of small businesses to increase prices due to inflation, survey finds(The Center Square) – As inflation surpasses 40-year highs, 72% of small businesses surveyed are increasing prices to keep their doors open, according to the latest Small Business Optimism… Read More
National
U.S. economy shrank in Q1, raising concerns about stagflation, possible recession(The Center Square) – The U.S. Gross Domestic Product, a key measure of the size of the economy, declined in the first three months of 2022, latest federal economic… Read More
National
Report: Americans cutting back on discretionary spending because of inflation(The Center Square) – Americans are changing their shopping habits because of rising prices, a new study from Morning Consult finds.According to the report, American consumers… Read More
National
Fed report: Inflation passed on to consumers, will continue for months(The Center Square) – Newly compiled data from the Federal Reserve shows that inflation is hurting businesses, costing consumers, and likely not going away anytime soon. Read More
State Government
Illinois Chamber: Record inflation hurting large and small businesses(The Center Square) – Illinois businesses are reeling from record high inflation.The yearly inflation rate hit 8.5% in March – a four-decade high, according to the U.S. Department… Read More
National
Amid inflation and worker shortage, small businesses pessimistic about the future(The Center Square) – Small businesses around the country are growing more pessimistic as rising inflation, supply chain issues and a worker shortage continue to threaten their viability.A… Read More
State Government
Missouri bill would give all resident taxpayers $500 tax credit(The Center Square) – Missourians would get a one-time tax credit of $500, or $1,000 if married and filing a joint tax return, under a new bill filed… Read More
National
Consumer prices rise 8.5%, highest in 40 years(The Center Square) – Newly released federal inflation data show that prices continue to rise at the fastest rate in four decades, continuing the trend of soaring inflation. Read More
Opinion
Op-Ed: Democrats need to help working families afford gasoline, not prioritize electric vehiclesWhen our economy is strong, that typically correlates with the U.S. president having a good job approval rating. But even though the country added 431,000 jobs in March, and… Read More