Economics (420)

Social Security payments are expected to grow in 2023 due to soaring inflation, according to analysts.

The average rental price in Manhattan has topped $5,000 for the first time in Big Apple history, according to a shocking June market report garnered by Douglas Elliman and Miller Samuel.

Inflation at the wholesale level soared 11.3% in June compared with a year earlier, the latest distressing mark that inflation is causing mayhem to the American economy.

Leading Democrats are looking to deter the news of inflation hitting a 40-year high as Republicans continue to condemn a loosened economy prior to November's midterm elections.

An explosive new analysis published by the Committee to Unleash Prosperity reveals that Democrat President Joe Biden’s administration has significantly few business-oriented officials in the administration and that the vast majority of people handling economic policy for the United States government under Biden have no business experience whatsoever.

Skyrocketing inflation suggests that workers' real earnings are falling at the fastest rate in decades.

Leading Democrats are looking to deter the news of inflation hitting a 40-year high as Republicans continue to condemn a loosened economy prior to November's midterm elections.

U.S. consumer prices soared in June as gasoline and food costs remained high, resulting in the largest annual increase in inflation in 40-1/2 years and cementing the case for the Federal Reserve to elevate interest rates by 75 basis points later this month.

Wednesday, 13 July 2022 05:15

WH Says Its Prepping For Even Worse Inflation

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The Biden administration struck an unconfident tone to reporters on Monday about the imminent release of the Department of Labor’s June consumer price index.

Lawmakers in Onondaga County, N.Y., passed a resolution to give a one time cash payment to certain senior citizens who are struggling throughout a period of high inflation.

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