Category: economy

House Democrats Stop Energy Independence Bill, Block Keystone XL Pipeline

Michigan Legislature Advances Bill That Would Pause State Gas Tax to Govenor's Desk

Gas prices reached $4.25 last week in Michigan

Saudi Arabia Considering Accepting Yuan Instead of Dollars in Some Chinese Oil Deals, Prompts Spike in the Currency's Value

Sen. Cruz Slams Biden Admin Over Rising Energy Prices

Retail Giant Target Says They Are Boosting Starting Wages for Employees as High as $24 an Hour

Producer Price Index Rises 9.7% Compared to January 2021

Biden Calls Reporter A 'Stupid Son Of A B-tch' For Asking About Inflation

US Economy Adds Far Fewer Jobs Than Expected In December

4.5 Million Americans Quit Their Jobs in November, 10 Million Vacant Positions in the USA

Used Car Prices Skyrocket 42 Percent Since Start of Pandemic

An Overview of the Impact of Vaccine Mandates on US Employers

A survey of US employers shows how various companies have responded to the President's mandate

Pause on Student Loans Extended to May 1

Biden announced Tuesday that his administration would further extend the federal student loan...

Half of Democrats and 70 Percent of All Voters, Say Inflation Is ‘Affecting Their Family Budget’

Inflation is Erasing the Monetary Gains of Most Americans, Research Group Says

The struggle of employers to keep up with inflation is affecting the long-term well-being of the...

Elon Musk Poised To Make The Single Largest Tax Payment in History

The revelation comes amid an ongoing feud between Musk and Senator Elizabeth Warren

The US and World Economy Impacted by Goldman Sachs' Lowered Economic Projections

The lowered projection sent a ripple through the world economy on Monday morning

Psaki Confirms Student Loan Payments Restart February 1

The White House confirms its plans to restart student loan payments paused during the pandemic

Congress Votes to Approve $2.5T Debt Ceiling Hike

The bill now heads to President Biden for a final signature

Wages for Americans Continue to Decline in November

BREAKING: Senate Votes to Raise Debt Ceiling by $2.5T

this is a move to avert a government shut down only 24 hours in advance

Restaurant Prices Highest in Decades as Inflation Drives Up Food Costs

All six major grocery store food group indexes have also increased

Wholesale Inflation Rate Rises 9.6% in the Last 12 Months, Fastest Pace on Record

Inflation Soars to Nearly 40-Year High

Jobless Claims Hit 52 Year Low