Category: economy

Biden Budget Plan Will Spike Debt to 'New Record' of 110% of GDP, Watchdog Says

FY 2024 budget proposal fails to address the Social Security Old-Age and Survivors Insurance...

U.S. Homeowners Lost $2.3T In Value During Second Half of 2022

Data shows Florida holds 60% of the hottest metro markets despite damage from Hurricane Ian in 2020

Minimum Wages Increased in 23 States

The change impacts more than 8 million workers

National Gas Prices Projected To Rise By Spring 2023

'The National Average Could Breach $4 A Gallon As Early As May – And That’s Something That Could...

Treasury Secretary Predicts Inflation Cooling in 2023

Yellen cites lower shipping costs and gas prices in forecasting 'substantial reduction in...

Over 40% Small Businesses Can't Afford to Pay Rent This Month

Nearly Two-Thirds Say Inflation Is Hurting Them The Most

Thanksgiving Dinner Will Be 20 Percent More Expensive This Year

U.S. Consumer Debt Rises At Fastest Pace in 20 Years

Borrowers Under 30 Held Highest Q3 Balances

Fuel Company Issues Diesel Shortage Warning For East Coast

Without Government Action, a Diesel Emergency Threatens to Spike Inflation Even Further

Economy Still Top Concern For Voters Ahead of Midterms

Nearly Half of the Electorate rates their finances weaker than they were just a year ago

OPEC Cuts Oil Production as U.S. Strategic Reserve Hits 40-Year Low

Without Increased Supply Domestically, US Gas Prices Are Expected To Soar to Record Highs

Evictions Are Surging Across the U.S.

Arizona Property Manager Says Company is Seeing a 20% Increase in People Requesting Assistance

18 Retired Military Leaders Ask Biden to Boost Domestic Energy Production

Former officials want U.S. to return to energy independence

Biden's Student Loan Forgiveness Will Cost $420 Billion, CBO Says

Committee for A Responsible Federal Budget: 'This might be the most costly executive action in...

Colorado Will Raise Minimum Wage to $13.65 Due to Inflation

At least seven other states are expected to make similar adjustments following the August...

Year-Over-Year Inflation Soars At 8.3%

Multiple sectors saw huge jumps in inflation, even as gas prices have fallen

'It's A Risk': Treasury Secretary Janet Yellen Warns Of Higher Gas Prices This Winter

Russian Oil Sanctions May Lead To Another Rise In Gas Prices This Winter

Regal Cinemas Parent Company Cineworld Files for Bankruptcy

Movie ticket sales dropped 80% in 2020—a 40 year low

Inflation & Soaring Food Prices Are Increasing Risk of Civil Unrest

Risk Management Firm Warns of 'governments succumbing to overzealous military leaders'

Jerome Powell Warns of 'Pain' to U.S. Households as Federal Reserve Continues Action to Dampen Inflation

Fed Chair Says There are 'unfortunate costs of reducing inflation. But a failure to restore price...

German Energy Crisis Has Cities Shutting Off Some Hot Water

Flashback: Bill Clinton's Views On Recession Clash With Biden Admin's Narrative

The Biden administration has attempted to dodge the label

U.S. Economy Shrinks Nearly 1% Signaling Recession

Economist: 'The economy has quickly lost steam in the face of four-decade high inflation'

Biden Sets Record For Highest Inflation Among Any Elected US President

The Administration presides over the worst inflation numbers since data has been collected