National
Experts raise alarm over ‘fiscal state of the union’ ahead of Biden’s speech(The Center Square) – President Joe Biden is expected to deliver the State of the Union address Tuesday evening, and economic and fiscal policy experts are raising the alarm… Read More
National
Number of Americans living paycheck to paycheck jumps 7 percent, report shows(The Center Square) – A growing number of Americans are living paycheck to paycheck despite increasing wages, a newly released report found. PYMNTS and Lending Club released the… Read More
National
Report: Great Resignation contributed to inflation in 2021(The Center Square) – People switching jobs during the Great Resignation contributed to rising inflation in 2021, according to a report from the Federal Reserve Bank of Chicago. Read More
National
Wholesale prices jump in January as inflation continues to soar(The Center Square) – Wholesale prices jumped a full percentage point in January and 9.7 percent over last year, the Bureau of Labor Statistics said Tuesday, as inflation continues… Read More
National
Most Americans say their finances are not better off since Biden took office(The Center Square) – A majority of Americans say they are not better off financially than they were a year ago, according to a new poll. Gallup released… Read More
National
Americans’ pessimism on inflation hits record high(The Center Square) – The majority of Americans think the rise in inflation last year will only get worse in 2022, according to a new poll. Gallup released… Read More
National
Biden’s rough week: A Supreme Court loss, continued economic woes, pushback from Democrats(The Center Square) – President Joe Biden saw a flurry of setbacks on a range of key issues this week, making it one of his toughest since taking office. Read More
National
Fed Chair Powell: Inflation poses ‘severe’ threat to U.S. job market(The Center Square) – Federal Reserve Chairman Jerome Powell told the U.S. Senate Banking Committee Tuesday that elevated inflation poses a “severe” threat to U.S. jobs and economic recovery. Read More
Opinion
Op-Ed: 2022 will bring more Biden ‘shrink-flation’“No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of leftist governments.” –… Read More
National
Report: Inflation costs families around $3,500 this year(The Center Square) – A new report estimated the annual cost of elevated inflation this year will be around $3,500 per household. The Wharton School of the University… Read More
National
Home prices at 45-year high, pricing many buyers out of the market(The Center Square) – Home prices are at a 45-year high, pricing many buyers out of an historic seller’s market, new data published by CoreLogic show. Annual… Read More
National
Inflation soars, hitting nearly 40 year high(The Center Square) – Consumer prices increased by nearly 7% in November 2021 compared to the same timae last year, newly federal inflation data show, the steepest rise in… Read More
National
Experts predict less economic growth, elevated inflation for years to come(The Center Square) – A survey released Monday found that business experts expect prices and inflation to rise at elevated levels for years to come. The National… Read More
National
Biden releases oil reserves to address rising gas prices(The Center Square) – President Joe Biden announced Tuesday his administration will release 50 million barrels of oil from the Strategic Petroleum Reserve to help address skyrocketing energy costs. Read More
National
Thanksgiving dinner, travel, Black Friday shopping more expensive as inflation continues to rise(The Center Square) – As Americans prepare for Thanksgiving this year, traveling and cooking a family dinner will be significantly more expensive.Inflation has increased by more than 6.2%… Read More
National
Inflation hits 30-year high as holiday season nears(The Center Square) – The prices of everyday goods are getting increasingly more expensive, new federal data confirm. The Department of Labor’s Bureau of Labor Statistics on Wednesday… Read More
National
Global economic group raises concerns about U.S. inflation, economy(The Center Square) – A major international economic forecasting group has now lowered its optimism about a U.S. rebound from the COVID-19 pandemic. The Organisation for Economic Cooperation… Read More
National
Rising inflation could mean largest social security increase since 1983(The Center Square) – Rising inflation and the price increases that come with it may lead to the highest raise for senior citizens in decades. The Senior Citizens… Read More
National
Inflation hits levels of 2008 financial crisis(The Center Square) – Newly released federal data showed a major spike in consumer prices, worrying experts about the continued rise of inflation. The Bureau of Labor Statistics… Read More